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UBS On-Air: Market Moves

UBS On-Air: Paul Donovan Daily Audio 'Taking down the trade temperature'

14 Oct 2025

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Markets have detected some shifting around in the US approach to trade with China. US Treasury Secretary Bessent was vocal in asserting that US President Trump and China’s President Xi will meet. Markets have extrapolated from past meetings to conclude that this will reduce the temperature of the trade rhetoric.

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