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27 Jul 2020

US’ closure of Chengdu consulate completely complied with the Chinese order – Global Times

China's influential news outlet, Global Times, Editor-in-Chief Hu Xijin responds to the US' closure of Chengdu consulate, confirmed by the Foreign Ministry earlier this Monday.

Hu tweeted out: “From what I learned, US' closure of Chengdu consulate and personnel withdrawal completely complied with the requirement of the Chinese side. China also took over the premises in a civilized way. I hope this kind of observance of a rule can be expanded to broader China-US relations.”

more to come ...

Jul 27, 2020

When is the German IFO survey and how it could affect EUR/USD?

The German IFO survey for June is due for release later today at 0800 GMT. The headline IFO Business Climate Index is seen improving to 89.3 versus 86
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Jul 27, 2020

One small step towards fiscal integration, one giant leap for the euro – JP Morgan

Last week, the EU region took a giant step for a more fiscally integrated Europe with all 27 leaders of the EU member states approving the European Co
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