Coinbase Global Inc., the leading cryptocurrency exchange in the US, will go public on the Nasdaq index on April 14!
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.
Today traders await the US inflation data to be out at 15:30 MT. Jump in to get fresh trade ideas for today!
The American inflation rate is announced on Tuesday at 15:30 MT. It’s an important event for traders as it will impact hugely currency pairs with the USD.
US retail sales will be out on Thursday, April 15, at 15:30 MT. It is a significant release for traders as it will impact the US dollar.
As the earnings season kicks in, JPMorgan is the first to impress us with the better-than-expected data!
The Reserve Bank of New Zealand will hold a meeting on Wednesday, April 14, at 05:00 MT.