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14 Aug 2017

Trump trade probe will 'poison' relations - China Daily - Reuters

According to a recent Reuters article, which cited a Chinese state-run newspaper, China Daily, "U.S. President Donald Trump's order to his top trade adviser to investigate supposedly unfair Chinese trade practices will "poison" relations between the two countries."

Key quotes (via Reuters):

  • Instead of advancing the United States' interests, politicising trade will only acerbate the country's economic woes, and poison the overall China-U.S. relationship
  • It's unfair for Trump to put the burden on China for dissuading Pyongyang from its actions
  • Hopefully, Trump will find another path. Things will become even more difficult if Beijing and Washington are pitted against each other
Aug 14, 2017

USD/CAD struggles to stay above 1.27 as WTI pushes above $49

The USD/CAD pair gathered momentum in the early NA session and rose to 1.2715 as the US Dollar Index refreshed its session high at 93.40. However, the
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Aug 14, 2017

USD/JPY lurched lower and hesitated

USD/JPY lurched lower and hesitated
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