The GDP growth may push the USD up
The United States will release the level of final GDP growth on June 27, at 15:30 MT.
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
Market updates on June 20
What is moving the markets today
Pay attention to the important release for Canada
Canada will publish the level of core retail sales on June 21, at 15:30 MT.
Latest news
British inflation tacks on for the first time this year
In July, Britain's inflation rate rallied for the first time in 2018, thus leaving many UK households feeling quite squeezed by prices, soaring at nearly the same tempo as their wages…
Evergreen buck heads north
On Friday, the evergreen buck rallied versus its counterparts after data disclosed that the American economy generated more jobs than anticipated In October, thus backing the Fed’s case to proceed with gradual rate lifts…
Gold sinks on soaring greenback
On Monday, gold declined because the evergreen buck managed to gain early traction, thus putting pressure on the most popular precious commodity, which has been sticking with the year’s minimums…
Deposit with your local payment systems
