China-U.S. trade tensions ease

China relaxes restrictions on rare earth exports and stops investigations into the chip sector following last week’s trade agreement with the U.S. President Trump signals continued opposition to exports of Nvidia’s most advanced chips. Crude extends gains following Opec+ nations’ announcement that it would pause further output hikes going into the first quarter next year. In aviation news, Ryanair posts an H1 profit beat and predicts stronger footfall. CEO Michael O’Leary slams UK APD policy, telling CNBC UK Chancellor Rachel Reeves ‘hasn’t a clue’ about stimulating economic growth.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.