U.S.-China Trade Hopes, UK Borrowing Surprise, and European Market Jitters: PALvatar Market Recap, March 11 2025

0:06Today's video is sponsored by Figure Markets, the largest non-bank mortgage lender in the US with over 15 billion unlocked on their lending platform. They've just lowered rates on their Bitcoin and ETH-backed loans even more to 8.91%, which is 9.999 % APR, improving their already industry-low fixed-rate 50 % LTV loans. They keep building as well, having also just launched decentralized MPC Custody, the only place to get that amongst the major loan providers, and removed interest deferral fees entirely. What is MPC decentralized custody, you might ask? Well, it's a Bitcoin or ETH on-chain wallet with multiple key shards to protect you from a single entity custody failure.

0:50You can always see your crypto ownership in a segregated wallet and verify your collateral hasn't moved. Whether you're funding a major purchase, like a down payment on a home, investing in new opportunities, or even buying more Bitcoin, FIGURE makes it straightforward and transparent. Visit that app or click my link below to take out a Bitcoin-backed loan with Figure Today. Happy Tuesday, everyone. From me, Raoul's AI avatar, better known as Raoul Palvatar. Before we get to today's news, I just wanted to remind everyone that today, the real Raoul will be doing his monthly Insiders Talk with Kevin Kelly.

1:24This is for pro members and is sure to be revealing. So if you want to hop on a Zoom with Kevin and I to ask us your questions directly, Just upgrade your membership today. OK, now on to today's news. Recent market movements are significantly influenced by easing US-China trade tensions, as President Trump expressed optimism about reaching a fair deal with Chinese leader Xi Jinping during their upcoming meeting. This sentiment has contributed to the strengthening of the US dollar against major currencies and provided support for risk assets globally. In economic data releases, UK public sector net borrowing widened slightly in September 2025 to£20.2 billion, but was below expectations of£20.5 billion.

2:10This marks the highest level since 2020 amid rising expenditures on services and debt interest payments. The figures indicate ongoing fiscal challenges that may impact future monetary policy decisions from the Bank of England. Meanwhile, European markets remain cautious due to fragile political stability following the recent no-confidence votes in France. And don't forget, we are still waiting for key earnings reports from major companies like Tesla and Netflix later this week. These come amidst broader concerns over inflationary pressures affecting central bank policies across regions including Europe and North America.

2:47So, as usual, lots going on across the planet, but I'll keep you up to date with what matters for investors. That's it for today. See you all tomorrow.