Recession Odds Fall Below 50% On Polymarket As Crypto Bettors Digest US-China Trade Deal News

Recession Odds Fall Below 50% On Polymarket As Crypto Bettors Digest US-China Trade Deal News

Odds that the U.S. would plunge into recession in 2025 dipped below 50% on decentralized prediction market Polymarket after the U.S. announced a trade deal with China on Sunday.

New trade deal between US and China Morning Bulletin

The United States and China sign a new trade deal; At least eight seats remain undecided in the federal election; Some Australian cricketers plan to skip the end of the Indian Premier League, due to the India-Pakistan conflict.

4 Things That Could Impact Crypto Markets in The Week Ahead  - WorldNL Magazine

Crypto markets have held onto gains over the weekend as the United States and China sat down for trade talks, though no official deals were made. Reports also emerged about Donald Trump’s list of around 20 countries prioritized for early trade negotiations, including key partners like Japan, South Korea, and Vietnam. In a widely anticipated move, the Federal Reserve held rates steady last week, citing increased macroeconomic uncertainty tied to …

USA-China Deal: Real game changer or just a lot of talk?On May 11, 2025, the US officially announced a new trade deal with China – after the negotiations in Geneva. Finance Minister Scott Bessent and President Trump have confirmed that progress has been made to reduce the huge $295 billion trade deficit.Sounds like mega news, but: The details are missing completely and China has not yet confirmed any real concessions.The financial markets are al…