Back

Phase one trade deal likely beginning for China, US explore anew constructive bilateral relations – Global Times

Global Times Editor-in-Chief Hu Xijin expresses his take on the strong Chinese December Trade Balance data released earlier this Tuesday, in light of Wednesday’s US-China phase one trade deal signing.

Hu tweeted out: “Such a world's second-largest economy deserves the respect of the US, the world's largest economy. China cannot be crushed. It can be a suitable partner. It is hoped the phase one trade deal is the beginning for China and the US to explore anew constructive bilateral relations.”

  • China’s Trade data (CNY): Imports and exports jump sharply in December
  • Sources: China to buy nearly $80 bn more of US manufactured goods over two years in Phase One trade deal - Reuters

GBP Futures: decline appears limited

CME Group’s flash data for GBP futures markets showed investors trimmed their open interest positions by more than 1K contracts on Monday, recording t
Mehr darüber lesen Previous

EUR/USD: major support emerges at 1.1065 – UOB

According to FX Strategists at UOB Group, EUR/USD remains exposed to further weakness although a break below 1.1065 looks highly unlikely for the time
Mehr darüber lesen Next