Boeing urges Trump administration to ensure tariff-free treatment for airplanesChinese steel production expected to decline by 4% in 2025BoE Executive Director for Financial Stability Strategy and Risk Benjamin speaking todaySome European Central Bank speakers Wednesday, including Chief Economist Philip LanePBOC sets USD/ CNY central rate at 7.1815 (vs. estimate at 7.1801)US, China trade "handshake for a framework" not generating enthusiasm in Asia tradeU.S. appeals court allows Trump tariffs to stay in place during legal challengeMusk says first vehicle to drive itself from factory to customer’s home scheduled June 28OPEC Secretary General Haitham Al Ghais says no end in sight for oil demand growthTrump to block California’s EV mandates, backing auto industry pushbackJapan data - April PPI -0.2% m/m (expected +0.2%) & +3.2% y/y (expected +3.5%)RBNZ (ex) governor Orr resigned abruptly over government cuts to the Bank's fundingLutnick says reached a framework with China, if approved will implement Geneva agreementChinese Vice Commerce Minister Li Chenggang says talks with US on trade rational, candidRollover for U.S. Equity Index Futures is Monday, June 16, 2025: What You Need to KnowTrump to sign three resolutions on Thursday canning California's electric vehicle mandatesGoldman Sachs expect Trump's tariffs to lift inflation despite easing pressures elsewhereICYMI: Blackstone plans to invest up to $500 billion in Europe over the next decadeHSBC: Global stocks may rise short term (3 months), but tougher road ahead"China heading towards a 4.5 day work week" (2.5 day weekend) is doing the rounds againUS Treasury Secretary Bessent says trade talks with China will continueOil: private survey of inventory shows a headline crude oil draw smaller than expectedReports that the US and Mexico are closing in on a deal re 50% tariffs on steel importsUS and Mexico are closing in on a steel deal that would lower tariffs to 0% - reportUS stocks close higher led by the NasdaqForexlive Americas FX news wrap: US-China talks continue, progress citedTrade ideas thread - Wednesday, 11 June, insightful charts, technical analysis, ideasWegot a bit of a clue that the US-China trade talks in London weregoing to have a disappointing outcome when US Treasury SecretaryBessent left to head back to DC, leaving Commerce Secretary Lutnickand Trade Representative to carry on. Laterwe had an announcement from the Chinese side, and then from Lutnickand Greer. Itwas not bad news, but it was underwhelming. InGeneva last month the US and China agreed to lower tariffs. After thetwo days of talks in London Tuesday and Wednesday Lutnick said, inhis own words, that an agreement was reached on "a handshake fora framework” to "start to implement that framework"agreed to in Geneva, as long as both Trump, and Chinese President Xiapprove. This is not much of an announcement, in a nutshell its toimplement an already agreed upon agreement, subject to approval. LikeI said, its not bad news, and it does represent some easing intensions. But its only a rehash of old ground. FXmarkets responded by selling off risk FX. EUR, AUD, NZD, GBP, CAD areall lower against the US dollar. The moves have not been large. Onthe other hand, Chinese equities rose. Furthercompounding the losses for risk FX was the news that a US Federalappeals court has ruled that Trump’s broad tariffs can remain ineffect while legal appeals continue. The appeals court said itintends to hear arguments on July 31, which gives scope for thetariffs to remain in effect at least until then.FromJapan today we had PPI for May coming in weaker than expected,slowing from April in a sign falling import costs for raw materialswere easing price pressures for firms. We await US CPI data at 0830 US Eastern time on Wednesday. This article was written by Eamonn Sheridan at www.forexlive.com.