FX

China’s Commerce Ministry: : Will follow through on consensus reached by US-China leaders

China’s Commerce Ministry was out with some comments in the last hour, saying that trade and economic teams from both China and the US sides have maintained communications. Will follow through on the consensus reached by the US and Chinese leaders during a phone call, the ministry added further.

Market reaction

The remarks did little to influence the broader market sentiment as investors remain worried about the fast-spreading Delta variant and a global economic slowdown.

Articles You May Like

Euro Rises But Capped in Range Against Dollar
ICYMI: China’s Xi said COVID in China mainly Omicron, was less lethal, allows more openess
GameStop reports decline in revenue and sharp decrease in cash
The AUD is the strongest and the CAD is the weakest as the NA session begins
Dollar retraces its rise. GBPUSD trades to a new session high

Leave a Reply

Your email address will not be published. Required fields are marked *