
Key market players expect China to start decreasing the rate and giving liquidity to the markets. China is actively pushing to switch to the stimulative monetary policy. What's going on right now? Read it in our new review.
On Thursday, the Chinese Ministry of Commerce told that China doesn’t want further escalation of trade contradictions with America during the last round of negotiations, which ended on the weekend. As a m a matter of fact, the sides managed to achieve some progress.
The leading Asian country expressed its willingness to ramp up the volume of imports from the United States in the framework of negotiations on cutting the trade deficit of the US in the amount of $375 billion and also easing the tension provoked by the trade dispute.
According to some sources, Donald Trump had discussed the proposal of the Chinese authorities to spur the import of agricultural products as well as energy from the USA by up to $ 70 billion with the trade advisors, although it’s not clear whether this transaction is going to be sufficient to avert a trade conflict or not.
The US leader threatened to impose tariffs on Chinese exports of about $150 billion on the background of another dispute having to do with the protection of intellectual property.
Additionally, the administration told that the final list of goods that will be subject to tariffs will be uncovered next week and that the US Treasury considers limiting Chinese investments in the USA.
Gao Feng, the official spokesman for the Ministry of Commerce, told that the Sunday negotiations of US Secretary of Commerce Wilbur Ross as well as Vice Premier of the State Council Liu He in Beijing came with a detailed discussion of the issues of energy trade and agriculture, although he didn’t confirm that Beijing made a proposal for about $70 billion.
Moreover, Gao added that that the negotiations generated some progress, and repeated that Beijing is willing to spur imports from America, but he didn’t provide further details.
Key market players expect China to start decreasing the rate and giving liquidity to the markets. China is actively pushing to switch to the stimulative monetary policy. What's going on right now? Read it in our new review.
Be aware this day is filled with PMI releases, so the market may act quite unpredictably. Still, there’s something you should know:
Jackson Hole, ten PMI releases, and the BRICS summit. This week will be full of market movements, and we will be there to trade them. Get ready, and let’s roll!
XAUUSD fell below 1900 for the first time since March 2023. Meanwhile, the US dollar index gives a bearish signal. Read the full report to learn more!
Oil prices are rising while the US government is on the verge of shutting down. How will it affect the market?
US stock markets started falling, while the US dollar is rising. What to expect from
FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.
Your request is accepted.
A manager will call you shortly.
Next callback request for this phone number
will be available in
If you have an urgent issue please contact us via
Live chat
Internal error. Please try again later
Don’t waste your time – keep track of how NFP affects the US dollar and profit!