Oil prices are rising while the US government is on the verge of shutting down. How will it affect the market?
China's Xi ascertains Belt and Road requires rejecting protectionism
On Monday, Chinese President Xi Jinping urged key multilateral institutions to join his fresh Belt and Road Initiative, emphasizing the whole importance of rejecting protectionism in looking for global economic surge.
Addressing other world leaders in Beijing at a summit on the initiative, China’s President told it was urgently required to coordinate policies with the development objectives of institutions including the Asia-Pacific Economic Cooperation, African Union, ASEAN as well as the European Union.
On Sunday, Xi promised $124 billion for his fresh Silk Road, supposed to bolster China's global leadership ambitions by simply expanding links between Africa, Asia, Europe and beyond, as American President Donald Trump puts a lot of value on "America First".
Xi stressed that world leaders require improving policy coordination and rejecting beggar-thy-neighbor practices.
Welcome to the first week of October! As usual, at the start of the week, we are looking for valuable insights that will bring us profits in trading. Let’s observe the main events.
Inflation in Europe was released better than the forecast. The preliminary fact was published at 4.3%. What's happening in the markets?
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!