Will the Fed make the US dollar rise?
The release of the Federal open market committee (FOMC) meeting minutes is scheduled on February 20, at 21.00 MT time.
China intends to utilize all necessary means to defend interests versus US trade probe
China is on the verge of utilizing all necessary means for the purpose of defending the interests of the country as well as its companies versus an American trade investigation, as a spokesman for the Ministry of Commerce told on Thursday.
On Monday, the ministry expressed great dissatisfaction with the recent American launch of the probe into China's hypothetical theft of American intellectual property, labeling it irresponsible.
The given probe happens to be the Trump administration's first direct measure versus Chinese trade practices that the White House along with American business groups tell are literally bruising US industry.
China's cabinet issued a bunch of guidelines to manage overseas investments, with key sectors encouraged as well as others limited or banned outright.
Mergers along with acquisitions by Chinese companies in countries closely connected with the Belt and Road initiative have been surging at a quick rate, even as the authorities take aim at China's acquisitive conglomerates to tame capital outflows.
Similar
Greece might end up missing euro zone cash
There’s a likelihood next month that Greece won’t receive up to 750 million euros, it’s expected to get under a debt relief deal with the EU concluded in 2018 because this European country has failed to complete a number of agreed reforms…
ECB will estimate health of bank credit
Next month, the European Central Bank is on the verge of reassessing the outlook for bank lending next month because there’s a likelihood that EU financial institutions could tighten credit supply and drive the current economic deceleration…
Latest news
Forex today: easing geopolitical tensions
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
Common currency ascends ahead of euro zone data
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
Greenback edges down
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
Deposit with your local payment systems
