Market Update

Futures rise in the United States, encryption declines as White House signals are progressing in China’s talks

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  • US officials said that commercial talks with China have made “great progress”, but there were no details.
  • Consumer prices in China decreased for the third month in a row in April, confirming the economic weakness.
  • Bitcoin and Eter decreased alongside the broader Altcoin losses amid the market caution and ETF flows.

US stock futures increased on Sunday after the White House said that commercial talks with China made “great progress”, despite the decrease in encryption prices, amid a lack of details and the re -calibration of the wider risks.

DOW’s futures increased by 1.3 %, while S&P 500 and NASDAQ gained 100 futures 1.4 % and 1.6 %, respectively, after Treasury Secretary Scott Payette and American Trade Representative Jamieson Greer described two days of negotiations in Switzerland as “productive” and “building”.

“We have made great progress between the United States and China in very important commercial talks,” Bessent He said Sunday, after closed meetings with the Deputy Prime Minister in China and deputy ministers. “We will provide the details tomorrow, but I can tell you that the conversations were fruitful.”

Jarir pointed to the speed of discussions that suggested narrower differences than he previously thought. “It is important to understand the speed that we were able to reach an agreement,” he said.

He also frame the talks against the background of the US trade deficit of $ 1.2 trillion, describing the result a step towards dealing with what President Trump previously announced “a national emergency.”

As of mid -May, the United States maintains 145 % on most Chinese imports, as China responds with duties of up to 125 % on American goods.

Restrictions were initially presented on commercial imbalances and concerns related to national security, including the Ospon material crisis.

However, the Bessent and Greer language during the weekend indicates China’s willingness to return to the negotiating table, which may also reflect the growing local pressure.

The data issued on Saturday showed that the prices of consumers in China decreased by 0.1 % year on April- The third month in a row From contraction – the introduction of poor demand and the raising of expectations for further motivation from the Chinese People’s Bank.

Despite the optimistic discourse on Sunday, no details were revealed about tariffs, time tables or implementation mechanisms. Lack of clarity was weighing on encryption markets.

Bitcoin fell 0.6 % to $ 103,900, while the ether lost by 2.9 % to $ 2.507. Altcoins, including Solana, Dogcoin and XRP, decreased between 4 % and 8 % in heavy boxes and ETF flows, data appears from Coingecko.

A joint statement from the White House provides more details about the conversations and the extent of progress made at the weekend on Monday.

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