The US dollar index breaks one resistance after another. Read the report to learn the next target for the US dollar index!
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 United States has one week before default, and NVIDIA may become the next Tesla. What else drives the market?
Some progress in US debt ceiling talks is made, and the PMI data is out.
The first day of June should’ve brought us the US default. Unsurprisingly, the US House passes the debt ceiling bill at the latest possible moment.
About 24% of global central banks intend to increase gold reserves in 2023. Rising inflation, geopolitical turmoil, and worries about interest rates are reasons to increase gold reserves.
Greetings to a brand new week full of events, economic releases and US debt frictions. We are here to tell you everything you need to know!