Ukrainian President Volodymyr Zelenskiy struck a cautiously optimistic tone on Tuesday about Kyiv’s relationship with Washington with Trump’s latest turn, saying he believes support remains firm despite occasional surprises in messaging.Speaking in a Fox News interview, Zelenskiy said he was “surprised” by Trump’s earlier comments suggesting Ukraine could fully reclaim all Russian-occupied territory. While unexpected, he called it a “very positive signal” that the U.S. would remain with Ukraine “until the end of the war.”Zelenskiy suggested Trump’s outlook on the conflict had evolved since returning to the presidency, saying he believed the American leader now understood that Kyiv “can’t just swap territories” in pursuit of peace. He also expressed confidence that Trump’s influence could extend beyond Washington, arguing that Trump “can change” Chinese President Xi Jinping’s position on Russia’s war in Ukraine.At the same time, Zelenskiy voiced skepticism about Beijing’s current stance, remarking that he did not feel China “wants to finish this war.” His comments highlighted both Ukraine’s reliance on continued U.S. backing and the potential importance of U.S.-China diplomacy in shaping the conflict’s trajectory.Zelenskiy emphasized that his working relationship with Trump is better than in the past and pointed to the latest remarks as evidence of a shared commitment. “I think Trump’s position has changed,” he said, signaling cautious optimism that U.S. policy would continue to align with Kyiv’s determination to restore its territorial integrity. -Ongoing U.S. commitment may help steady European risk sentiment, though uncertainty over China lingers. This article was written by Eamonn Sheridan at investinglive.com. Source: investinglive.com (Read Full Article)

A planned meeting between U.S. President Donald Trump and Chinese President Xi Jinping is more likely to take place in 2026 rather than this fall, according to U.S. Ambassador to China David Perdue. Speaking in Beijing alongside a bipartisan delegation of U.S. lawmakers, Perdue said the leaders have a strong and “encouraging” relationship, but logistics point toward a gathering next year.Trump previously suggested the two would meet at a multilateral summit in South Korea in the coming weeks, and also indicated reciprocal state visits were planned for early 2026. China’s official readout of the recent Trump–Xi call, however, omitted these details.The congressional delegation, led by Democratic Representative Adam Smith, met with senior Chinese officials including Premier Li Qiang and Vice Premier He Lifeng. Discussions included military communications and disputes over TikTok’s ownership. Smith noted that while dialogue is improving, the two countries still struggle to align, remarking they need to “at least get in the same book.” This article was written by Eamonn Sheridan at investinglive.com. Source: investinglive.com (Read Full Article)

Canadian PM Carney:Discussions with Trump about Canada-US trade will roll into USMCA review processNegotiations with Americans are ongoingWhen the right deal is there for Canada, we will sign This article was written by Eamonn Sheridan at investinglive.com. Source: investinglive.com (Read Full Article)

Bitcoin’s price surge past $123,500 in mid-August coincided with one of the calmest stretches in the token’s history, Deutsche Bank said in a note, highlighting what could be an important shift in how the cryptocurrency trades.The bank pointed out that 30-day volatility fell to just 23% in August, a historic low, even as the token hit fresh all-time highs on August 15. “This combination suggests we may be witnessing the start of a gradual decoupling between Bitcoin’s spot prices and volatility,” analysts wrote, adding that growing portfolio integration could mark a step beyond speculative trading cycles.Deutsche Bank cautioned that neither Bitcoin nor gold is on track to supplant the U.S. dollar as the world’s reserve currency. However, the bank expects adoption to expand as regulation evolves, macro conditions shift, and the asset class gains legitimacy over time.“Human nature leads to a desire to break away from traditional assets,” the bank noted, suggesting that U.S.-led adoption may accelerate the process of cryptocurrencies transitioning from speculative plays into “a legitimised, key component of global finance.” This article was written by Eamonn Sheridan at investinglive.com. Source: investinglive.com (Read Full Article)

UBS has left its EUR/USD forecasts unchanged, projecting 1.23 by end-2025 and 1.18 for 2026. The bank expects persistent softness in U.S. labour markets and a series of Federal Reserve rate cuts to weigh on the dollar over the coming year.UBS economists forecast an additional 75bps of Fed easing in 2025—more than markets currently price in—helping compress rate differentials. They also flagged the potential nomination of a new Fed Chair as a factor that could open the door to deeper cuts in 2026, possibly pushing the 1-year forward 1-year U.S. rate below 3%.Still, UBS sees dollar weakness running out of momentum by late 2025, expecting the U.S. economy to surprise on the upside in 2026 thanks to fiscal measures and deregulation. This would allow the greenback to recover, against a consensus view for a prolonged downtrend.—Earlier:UBS lifts USD/JPY forecast, yen seen stuck in 140–150 range amid political risks This article was written by Eamonn Sheridan at investinglive.com. Source: investinglive.com (Read Full Article)