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Thursday, October 23, 2025

American Market Recap: White House: Trump to meet with Japan, China and So. Korea leaders next week

Thursday, 23 Oct, 2025

News

White House: Trump to meet with Japan, China and So. Korea leaders next week

The White House has released the agenda for President Trump's upcoming trip to the Far East next week. Tuesday: Meeting with Japan's new Prime Minister Sanae Takaichi . Wednesday: Meeting with South K

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News

NYT: US to begin investigation into China compliance with 2020 trade deal

The NYT is reporting that the US is beginning an investigation into China's compliance with the 2020 trade dea l The Trump administration is planning to launch a Section 301 investigation into China's

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News

U.S. Treasury sells $26 billion a 5 year TIPS at a high yield of 1.182%

High yield 1.182% WI level at the time of the auction 1.17% Tail 1.2 basis points versus 6 month average of 0.8 basis points Bid to cover 2.51X vs 6 month average of 2.40X Directs 24.4% versus 18.9% 6

Stock market update

European indices close higher. US stocks trading near highs.

The major European indices closed higher on the day but by the UK FTSE 100 with a gain of 0.67%. Looking at the closing levels. German DAX +0.23% France's CAC, +0.23% UK's FTSE 100 +0.67% Spain's Ibex

News

Freddie Mac 30 year mortgage rate average is 6.19% in the current week:

Freddie Mac is reporting that the 30 year fixed-rate mortgage rate averaged 6.19% in the October 23 week. That is down from 6.27% last week and is the lowest since October 3 week. The 10 year yield mo

News

Yahoo Finance: Not so fast on Trump administration investment in quantum stocks.

Earlier today, it was reported by the WSJ, that the Trump administration is in talks to take equity stakes in quantum computing firms . However, Yahoo finance is now reporting that that does not nece

News

Russia's Putin: Russia wants to continue dialogue toward peace

Budapest was proposed by the US. Summit needs to be prepared. Wants to continue dialogue with the US. Most likely Trump meant that summit is postponed. Dialogue is always better than war. New sanction

News

Kansas City Fed manufacturing index for October 15 versus 4 last month

Prior month 4 Kansas City Fed manufacturing index for October is higher at 15 Kansas City Fed composite index 6 versus 4 last month.

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News

Canada PM Carney: We will protect our workers if we don't make progress on talks with US

Canada Prime Minister Mark Carney is speaking and says: if we don't make progress in sectoral talks with the US, were going to do what's necessary to protect our workers. We will not allow unfair acce

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