BULL RUN ALERT! Get Ready for a MASSIVE Monday! 🎉
The news is HUGE! China and the US just reached a "candid and constructive" trade consensus in Kuala Lumpur, covering everything from tariffs to export controls. Trade war fears are dialing back, and market sentiment is officially RISING!
This is exactly the catalyst markets have been waiting for.
🚨 What to Watch for at the Market Open:
📉 GOLD DROP: When geopolitical risks ease, the safe-haven appeal of Gold (XAU/USD) typically fades. Expect a pullback from recent highs!
📈 STOCKS RALLY: Risk-on is BACK! The green light on trade should fuel a strong surge in global equities, especially US and Asian indices. Tech stocks and companies with large China exposure could lead the charge!
$2X ETHER ETF(ETHU)$ $iShares Bitcoin Trust ETF(IBIT)$
$BitMine Immersion Technologies Inc.(BMNR)$
🚀 CRYPTO SURGE: Bitcoin and the wider crypto market are highly sensitive to global risk appetite. The positive consensus reduces systemic economic uncertainty, setting the stage for a fresh rally.
MONDAY'S VIBE: Relief, Optimism, and Growth. Fuel up the portfolio! 📈🔥
KUALA LUMPUR, Oct 26 — U.S. Treasury Secretary Besant said on Sunday that American and Chinese officials have developed a “very positive framework agreement” ahead of a key trade meeting between the two nations’ leaders this week. The framework will serve as the basis for further discussion and confirmation during the leaders’ talks.
According to AFP and other media reports, U.S. Trade Representative Greer and Treasury Secretary Besant met with Chinese Vice Premier He Lifeng on the sidelines of the ASEAN Summit — marking the fifth round of face-to-face consultations since May — aimed at easing trade tensions between the two countries.
After two days of talks in Malaysia, Besant said, “I believe the discussions were constructive, impactful, and in-depth, allowing us to move forward and lay the groundwork for a meeting between our leaders under a very positive framework.”
He emphasized that any extension of a trade truce agreement reached between President Donald Trump and Chinese President Xi Jinping in South Korea “will be the President’s decision.”
Talks pave the way for the Trump–Xi meeting
Besant added that this round of talks differed from previous ones, as its main purpose was to prepare for the upcoming Trump–Xi summit in South Korea.
He also revealed that both sides discussed issues such as fentanyl, TikTok, agricultural purchases, rare earths, and broader U.S.–China relations.
Greer stated Sunday morning that after two days of negotiations, both sides had made progress and reached outcomes that could soon be presented to their leaders for review.
He said the trade discussions are progressing toward a stage where Trump and Xi could hold a “productive and meaningful” meeting.
Greer also noted that both delegations are working on finalizing the details of a proposed trade agreement. “We had extensive discussions covering a wide range of topics — from extending the truce to rare earths… We are approaching a critical moment, and in the coming weeks, our leaders will hold a highly productive meeting to review the progress,” he said.
The negotiations took place at Kuala Lumpur’s Merdeka 118 Tower, while Trump was attending the ASEAN Leaders’ Summit at a nearby convention center.
The Chinese delegation was led by Vice Premier He Lifeng, accompanied by Vice Commerce Minister Li Chenggang and Vice Finance Minister Liao Min. The U.S. delegation was led by Treasury Secretary Besant.
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