Canada will publish the employment change and the unemployment rate on July 10, at 15:30 MT time.
In December China exports nothing of oil products to North Korea
In December, oil products weren’t exported to North Korea by China, except for a minor cargo of jet fuel, as data disclosed on Thursday. It appears to be the latest indication that Beijing keeps applying pressure on its isolated neighbor amidst everlasting tensions over its missile and nuclear program.
As a matter of fact, China sold no more than 5 tons of jet fuel to the isolated country, although it didn’t send any other crude products. It definitely marked the third straight month of no gasoline, diesel as well as fuel oil shipments, as follows from data unveiled by the General Administration of Customs.
By the way, China currently appears to be the number one source of fuel for North Korea.
In addition to this, in December China also imported no coal, lead or iron ore from the isolated country, thus marking the third full month of the fresh trade sanctions officially imposed by the UNO.
The market takes breath after the long rally. What opportunities do traders have today?
The United States will publish a weekly update on unemployment claims on July 9, at 15:30 MT time.
Risk-on is back on the market. Riskier currencies and stocks are in favor. Gold is rising too as investors try to hedge.
Riskier currencies and stocks are in favor of investors. Surprisingly, gold rallies too. Let’s have a closer look.
Congratulations! Gold has just opened a new era... or, rather, reopened...