China’s Vice Premier He Lifeng described the weekend talks with U.S. officials as an important first step in stabilising bilateral trade relations, acknowledging that while differences remain, saying frictions are unavoidable. He underscored that the fundamental nature of China-U.S. trade is a mutual win-win, pushing back against zero-sum rhetoric that has recently dominated political discourse.
TRADER-UPDATE: Trump Tweets “Great Progress” in U.S.-China Trade Talks – But Final Deal Remains Uncertain Donald Trump has tweeted enthusiastically about recent trade discussions with China in Switzerland, calling them “friendly but constructive” and indicating that “great progress” has been made. While such optimism from Trump could be viewed positively, prompting market participants to anticipate
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
Earlier today there was a concerning escalation with Indian cruise missiles hitting Pakistan’s Nur Khan Airbase. Earlier, there was also an Indian military facility in Beas hit by Pakistan, supposedly destroying a storage facility for Brahmos missiles. I can’t confirm any of those reports but it looks like cooler heads have prevailed with both nuclear
Last week was dominated by developments out of the US and UK, not just because of monetary policy decisions, but also the unexpected announcement of a US-UK trade deal. Fed’s hold and BoE’s cut were were largely overshadowed by the surprise trade breakthrough. Importantly, the structure of the agreement offered valuable insights into the US
China Producer Price Index (YoY) below forecasts (-2.6%) in April: Actual (-2.7%) Source link
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
The US Dollar holds steady as global trade negotiations remain in focus. The PBoC continues Gold purchases, signaling long-term interest. Chinese Copper production expands, reducing reliance on imports. The Australian Dollar (AUD) remains under pressure as global trade uncertainties persist, particularly surrounding the US-China trade talks. While there has been a slight rebound in copper
White House Press Secretary Karoline Leavitt addressed media staff on Friday, walking back some of the tone and market interpretations of President Donald Trump’s early morning tweets. Key highlights Trump confident in US Treasury Secretary Bessent with discussions (with China). The US needs to see concessions from China. Trump committed to the 10% baseline tariff.
