Today the US Begins Talks with China

Economic News
03 Mei 2018
Today the US Begins Talks with China

As expected, the Federal Reserve left interest rates unchanged at the previous level of 1.75%, thus pointing to the fact that inflation is close to target. The US dollar continued to strengthen, reaching session highs.

The United States is beginning trade negotiations with China today. China has said that during the talks with the representatives of the United States it will stick to its own course of action and will not go to pre-assignment. Despite tensions in trade negotiations of the two largest economies in the world, the global economy indicates a stabilization on the financial markets.

It was also announced that in April 2019 Bloomberg will incorporate Chinese bonds into its global index, which will significantly increase the flow of assets and China will strongly integrate into the world economic system and, accordingly, will make Chinese markets more open.

Data released yesterday in the United States on oil stocks helped the price of energy remain virtually unchanged. For the last day the prices have continued to retreat from recent highs.

SuperForex
Oil Prices are Up

Economic News

Oil Prices are Up

After some decreases earlier this week, today oil prices are moving up once again.

SuperForex
02 Mei 2018
The Dollar Rally Continues

Economic News

The Dollar Rally Continues

SuperForex
02 Mei 2018
Hopes of a Hike

Economic News

Hopes of a Hike

We are not likely to see an increase in US interest rates this week.

SuperForex
01 Mei 2018