FX

China’s Commerce Ministry: : Will follow through on consensus reached by US-China leaders

China’s Commerce Ministry was out with some comments in the last hour, saying that trade and economic teams from both China and the US sides have maintained communications. Will follow through on the consensus reached by the US and Chinese leaders during a phone call, the ministry added further.

Market reaction

The remarks did little to influence the broader market sentiment as investors remain worried about the fast-spreading Delta variant and a global economic slowdown.

Articles You May Like

The USDJPY makes new session lows and in the process moves below a swing level. What next?
OPEC+ Meeting: Deepening oil cuts on the horizon says an unnamed source
Real AI use cases in crypto, No. 1: The best money for AI is crypto
Clothing rental service Nuuly reaches profitability, beating rival Rent the Runway to the benchmark
Forexlive Americas FX news wrap: No pushback from Powell, gold hits a record

Leave a Reply

Your email address will not be published. Required fields are marked *