USD/CAD holds steady as US-China tariffs persist, economic slowdown looms, and Canadian data remains mixed.
WTI Crude climbs near two-week high amid US-China trade optimism and mixed global supply signals.
PBOC sets yuan midpoint, injects liquidity; markets watch for outcomes from China-U.S. trade discussions.
NZD/USD rises on easing US-China trade tensions; Fed signals rate cuts amid global economic uncertainties.
Goldman Sachs forecasts falling Brent and WTI prices through 2026 due to global supply growth pressures.
China and US agree to trade consultation mechanism; joint statement expected, hinting at positive developments.
PBOC adjusts USD/CNY rate, uses monetary tools to manage stability, growth, and reform China’s finance sector.
PBOC sets daily yuan midpoint at 7.2429, guiding USD/CNY within a controlled 2% trading band.
EUR/USD dips amid ECB rate cut talk, US-China trade optimism, and looming EU countermeasures on tariffs.
US-China relations show progress with planned meetings; US targets lower prescription drug prices to aid consumers.
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