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Trump and Xi buy two more months of trade truce, leaving tariffs and rare earths in limbo

A two-month extension avoids a November tariff cliff, but it gives markets no lasting relief, and the January 10 deadline now becomes the next risk event for trade-sensitive assets. The Australian dollar, as a liquid proxy for China's growth, is likely to take its lead from progress at the Shenzhen and Miami summits more than from this week's ceremony. Farm purchases lagging and rare-earth…

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investingLive Americas FX news wrap 24 Sept: USD and Treasury yields climb as Iran headlines lift stocks off their lows

US stocks finish mixed as Meta’s Muse rally helps mask the losers. Iran’s Pezeshkian wants a deal with the US before the midterm elections, NBC reports Meta shares approach all-time highs as the Muse rally begins yet another leg higher US treasury sells $44 billion of 7 year notes at a high yield of 5.085% US/Iran discussed phasing in a deal to reopen Hormuz and end the US blockade Bitcoin trades…

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