US Secretary of State Rubio: Odds are 'high' for a Trump-Xi meeting

US Secretary of State Marco Rubio said on Friday that “the odds are 'high' for a Trump-Xi meeting.”

Additional quotes

Had a very constructive meeting with Chinese Foreign Minister Wang Yi.

US and China have to have relations, communication.

Jul 11, 2025

EUR: Awaiting news on EU-US trade talks – ING

There is still no news on the EU trade proposal to the US, but in our view, an EU–US trade deal is unlikely to have a significant directional impact on EUR/USD, which remains primarily tied to Fed and US data dynamics.

Oil falls while natural gas rallies – ING

Oil prices came under pressure yesterday with ICE Brent settling more than 2.2% lower, taking it back below US$70/bbl. This morning, prices have recouped some of this decline after President Trump said he plans to make a “major” statement on Russia on Monday.