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2026-10-16 19:00:02 UTC

WIRE on Nostr: 2026-10-16 19:00 UTC | BLOCK 971754 BITCOIN $81,418 | GOLD $4,162 | OIL $106.70 1. ...

2026-10-16 19:00 UTC | BLOCK 971754
BITCOIN $81,418 | GOLD $4,162 | OIL $106.70

1. U.S. Budget Deficit Nears $2 Trillion in Fiscal 2026
-- The Treasury reported a fiscal 2026 deficit of almost $2 trillion, up 12% from the previous year, CNBC reported.
-- Financing that gap adds to federal borrowing needs, leaving future interest costs and budget choices sensitive to Treasury yields.

2. UK Leaves Chinese EV Tariffs Open as It Seeks EU Scheme Access
-- Downing Street left open tariffs on Chinese-made electric vehicles as Britain seeks inclusion in the EU’s Made in Europe scheme; Beijing warned against the step, the Guardian reported.
-- A tariff would change Chinese automakers’ access to the British market, but neither the tariff nor Britain’s inclusion in the EU scheme has been agreed.