US Tsy Sec Mnuchin: Hope US-China can finalize a trade deal in two more rounds of talks

Treasury Secretary Steven Mnuchin was out with some comments in the last hour, via the Fox Business News, and sounded optimism over the recent US-China trade negotiations.

Key quotes:

   •  Hope US & China can finalize a trade deal in 2 more round of talks.
   •  The enforcement mechanism is close to done in the US-China trade talks.
   •  Chinese espionage issues are separate from trade and economic issues.
   •  Not concerned about the 10-year yield curve, not worried about recession risk.

World: Worst decline in trade volumes since the 2008-09 recession - NBF

Krishen Rangasamy, analyst at National Bank Financial, explains that the global economy continues to struggle amid trade barriers as the slowdown of t
Đọc thêm Previous

GBP/USD slides to the lower end of its daily trading range, around 1.2920 ahead of US data

• The lack of progress in the UK cross-party Brexit talks keeps a lid on the attempted up-move. • A modest pickup in the USD demand further adds to t
Đọc thêm Next