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US-China trade talks concluded, to resume on Tuesday

US Treasury Secretary Scott Bessent and China’s Vice Premier He Lifeng held trade talks on Monday at the Swedish Prime Minister’s office in Stockholm.

Citing sources familiar with the talks, Reuters reported late Tuesday that “US and China trade talks have concluded for the day.”

“Both are working to resolve key trade and technology disputes, with China seeking relief from US tariffs and curbs on tech exports,” sources said.

Meanwhile, A US Treasury spokesperson noted that “US and China talks have concluded for the day and will resume on Tuesday.”

AUD/USD holds ground above 0.6500, eyes on US-China trade talks

AUD/USD edges higher after registering losses in the previous three sessions, trading around 0.6520 during the Asian hours on Tuesday. The pair faced challenges as the US Dollar (USD) rose on the trade deal between the United States (US) and the European Union (EU).
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WTI trades with a negative bias below mid-$66.00s; downside seems limited

West Texas Intermediate (WTI) US Crude Oil prices edged lower during the Asian session on Tuesday and eroded a part of the previous day's strong gains to over a one-week high. The commodity currently trades just below mid-$66.00s, down 0.40% for the day, though the downside seems cushioned.
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