Three Key Topics: Defense Stocks, Trade with China, Tether
European Defense Stocks Surge: European defense stocks experienced a rise following President Trump's shift in policy regarding Ukraine, suggesting optimism about Ukraine's potential to reclaim occupied territories.
China's Trade Policy Change: China announced it will not seek benefits from its developing country status in the WTO, a move that may ease trade tensions with the U.S. and address concerns over unfair trade advantages.
Tether's Valuation Boost: Tether, the issuer of the largest stablecoin, is in discussions to raise $20 billion, which would elevate its valuation to $500 billion, making it one of the most valuable private companies globally.
Economic Indicators to Watch: Upcoming economic data includes new home sales for August, with expectations of a slight slowdown, and commentary from Federal Reserve officials, including San Francisco Fed President Mary Daly, on the current economic landscape.
About the author









