Rangebound Trade
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Trade policy is the new front in the US presidential election
Also in today’s newsletter, how Ray Dalio is thinking about the electionFinancial Times - World -
Xi urged to respond with caution to Biden’s trade tariffs
Beijing advisers call on China’s leader to hold ‘moral high ground’ as spat with US intensifiesFinancial Times - World - Joe Biden -
Individual investors made 30% of GameStop trades on Monday
As the stock prices of GameStop and AMC skyrocket, so does the number of people trading those shares.MarketWatch - Business -
Former ‘Love Island’ stars charged with promoting trading scheme on Instagram
UK’s Financial Conduct Authority accuses ‘finfluencers’ in social media crackdownFinancial Times - Business -
Dow Jones trades above 40,000 for first time, but fails to achieve milestone
The Dow Jones Industrial Average trades above 40,000 for first time ever on Thursday, but fails to finish above the milestone.MarketWatch - Business -
Wanted: Japanese firms’ policy advice on AI, trade and crypto
Legal expertise based on experience in government and industry is in demand to help shape regulationFinancial Times - World - Japan -
Putin arrives in China's 'Little Moscow' as allies aim to deepen trade
It comes a day after the Russian and Chinese leaders pledged a "new era" of partnership between their countries.BBC News - Top stories - China -
Donovan Mitchell trade rumors: 'Growing sentiment' suggests Cavaliers can re-sign star guard, per report
Mitchell is eligible for a contract extension this offseasonCBS Sports - Sports - NBA -
Mets owner Steve Cohen denies team is planning to sell at trade deadline despite now-deleted tweet
The Mets sit in fourth place in the NL East at 19-23CBS Sports - Sports -
FirstFT: US groups flock to Europe’s bond markets for lower rates
Also in today’s newsletter, Arup loses $25mn in deepfake scam and Britain’s homelessness problemFinancial Times - World -
Putin focuses on trade and cultural exchanges in Harbin, China, after reaffirming ties with Xi
Russian President Vladimir Putin is focusing on trade and cultural exchanges during his state visit to China that started with bonhomie in Beijing and a meeting with China’s leader Xi Jinping that deepened their “no limits” partnership as both ...ABC News - World - China -
‘Art-washing’? Unease as British cultural institutions lend lustre to Saudi trade push
Campaigners say move to use the arts to reinforce economic ties with Riyadh may help to launder Gulf state’s human rights record. It was an unusual gig for YolanDa Brown, the saxophonist and composer who this week performed high above the clouds ...The Guardian - World -
Jake Paul and Mike Tyson trade insults as they hype planned summer fight in Texas
Jake Paul and Mike Tyson are trading insults and expletives in advance of their planned summer fight in TexasABC News - Sports - Boxing