More from the EU’s Hogan: EU wants to reset trade relationship with the US

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do […]

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China set to post weakest growth in 29 years as trade war bites, investment sputters

© Reuters. FILE PHOTO: A teller counts yuan banknotes at a China Merchants Bank branch in Hefei By Kevin Yao BEIJING (Reuters) – China is expected to report on Friday that economic growth slowed to its weakest in nearly three decades in 2019 amid a bruising trade war with the United States, and more stimulus […]

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Disease that killed millions of China’s pigs poses global threat

By Tom Polansek CHICAGO (Reuters) – Bettie the beagle, a detector dog for U.S. Customs and Border Protection, picked up the scent of pork on a woman arriving from China at Chicago’s O’Hare International Airport. Soon the dog’s handler discovered and confiscated a ham sandwich in the purse of a passenger who had flown on […]

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Trade deal no panacea for rocky U.S. relations with China

By Andrea Shalal and Cate Cadell WASHINGTON/BEIJING (Reuters) – From Huawei to the South China Sea, deep political rifts between Beijing and Washington are set to persist, despite a trade relations breakthrough, as the United States pushes back against an increasingly powerful and assertive China. Relations between the world’s two largest economies have deteriorated sharply […]

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NZD/USD maintains its advance as buyers recapture near-term control

[unable to retrieve full-text content] NZD/USD trades at session highs around 0.6650 currently ForexLive The pair is maintaining some good momentum on the day as buyers push through the 200-hour MA (blue line) after several attempts to break above the level in Asia Pacific trade. Forexlive RSS Breaking technicalanalysis feed

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Text of Phase One trade deal is balanced, fair – Chinese analysts

[unable to retrieve full-text content] Global Times reports, citing commentary by Chinese analysts on the matter ForexLive On the $ 200 billion purchases of US goods, a director of the Chinese Academy of International Trade and Economic Cooperation’s foreign trade institute said that "this should not be too difficult". Adding that: Forexlive RSS Breaking news […]

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Turkish central bank cuts rates 75 points in restrained move

ISTANBUL (Reuters) – Turkey’s central bank trimmed its key interest rate by 75 points to 11.25% on Thursday as expected, its most restrained move since it began easing in July, suggesting monetary stimulus was winding down as the economy recovers from recession. The bank said inflation would edge a bit lower through 2020 as it […]

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U.S. Senate expected to vote on North American trade deal Thursday: McConnell

WASHINGTON (Reuters) – U.S. Senate Majority Leader Mitch McConnell said he expected the Senate to vote on final approval of a new North American trade deal on Thursday and send the legislation to President Donald Trump for his signature. The legislation, passed by the House of Representatives on Dec. 19, has been delayed in the […]

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