The Talks Were Successful

Economic News
22 мая 2018 г.
The Talks Were Successful

Trade talks in Washington between the US and China ended yesterday. According to the Chinese side, the talks were successful. The parties agreed that China will increase purchases of goods from the US to reduce the trade balance between the countries.

Thus the threat of a trade war between the two largest economies in the world weakened and the US dollar continues to strengthen.

The yield on US long-term bonds has grown and now the difference between the yields on US bonds and German ones is at multi-year highs.

The US Chamber of Commerce banned the work regarding the public debt of Venezuela, after which some of the oil companies with foreign capital suffered serious losses.

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