Trump Fuels Dollar Drop, Crypto Giant’s Gold Hoard, UK Business Courts China
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Trump Fuels Dollar Drop, Crypto Giant’s Gold Hoard, UK Business Courts China
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Your morning briefing. All the news you need to start your day
On today's podcast:
(1) President Donald Trump’s relaxed tone about the dollar selloff is fuelling speculation the US currency is at the start of a longer-term decline.
(2) Gold surged to a record high above $5,200 an ounce, extending a breakneck rally fuelled by US dollar weakness and a flight from sovereign bonds and currencies.
(3) UK Prime Minister Keir Starmer arrives in Beijing on Wednesday confident he can do what few leaders have shown the political dexterity to pull off: broaden trade ties with China without annoying President Donald Trump.
(4) Prime Minister Sebastien Lecornu survived renewed attempts to oust him over his plans for France’s public finances, bringing the country a step closer to securing a 2026 budget.
(5) Senate Majority Leader John Thune said the two parties are in talks with the White House over US government funding as Democrats threaten to force a partial US government shutdown following a mounting public backlash over President Donald Trump’s immigration crackdown in Minnesota.
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