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Low expectations set for Trump-Xi meeting as trade truce set to be extended

With both sides signalling modest ambitions, markets are unlikely to see a major trade breakthrough from this week's meeting, reducing the odds of a sharp risk on move tied to US-China relations specifically. The expected extension of the Busan trade truce, due to expire in November, removes a near term tail risk of renewed triple digit tariffs and disrupted rare earths access, both of which…

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Australian state slaps tight restrictions on data centers: 150 metre buffer, self power, water curbs

The rules add a fresh layer of regulatory cost and complexity for data centre developers operating in Victoria, potentially slowing approvals or raising build costs for companies required to source dedicated renewable energy and non-drinking water supplies. Because the changes are not retrospective, already approved projects and applications currently before the minister are shielded from the new…

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investingLive Americas FX news wrap 21 Sept: Nasdaq closes at a record,oil slides, Fed officials discuss more hikes

Fed's Collins pencils in second hike this year, then expects rates on hold in 2027 Nasdaq Composite closes at a record as Meta and chip stocks surge Trump proposes USD 5 billion fund to help rebuild Gulf energy sites — WSJ St. Louis Fed’s Musalem: Interest rates likely need to rise further to tame inflation Meta shares surge more than 10% as Muse excitement triggers a major technical breakout…

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