Several largest American companies will publish their financial results this week. BTCUSD and XAUUSD are skyrocketing. What's going on in the markets?
China's Li tells the EU and China should promote free and fair trade
China along with the European Union require promoting rather an upbeat signal of economic globalization as well as free and fair trade. That’s what Premier Li Keqiang told Federica Mogherini, the EU's top diplomat.
The two sides need to adcequately respond to changes as well as uncertainty in the international situation with the cooperation and stability of China-EU relations, Li Keqiang told Mogherini, who’s visiting China for China-EU strategic talks.
Some EU diplomats tell that China has already launched a charm offensive with the EU since American President Donald Trump took office, in an attempt to find allies amid concerns that Trump could undermine it with his surging protectionism.
The Chinese statement cited Mogherini as telling that China along with the EU shoulder the duty for the purpose of safeguarding international order, responding to terrorism as well as climate change, not to mention other global challenges.
The dollar's status as the world's reserve currency could only be recovered if the US controls its spending. The huge budget deficit and rising interest rates on the US national debt should scare every American, analysts say. Read the full report to learn more!
Chinese investors are selling the UST. Meanwhile, the earning season continues. What's going on in the markets?
The Japanese yen fell to its lowest level against the US dollar in 33 years. Read the full report to learn the next target for USDJPY!
The US stock market fell in the third quarter. What's going on and why economists think that the last quarter will be better? Let's discuss it all here.
BlackRock CEO forecasts the Fed may have to raise rates further. The US dollar index (DXY) gains 130 points today. Read the full report to get more fresh news and technical analysis!