Issued by MTR, Hong Kong’s mass transit operator, the Octopus Card was a stored-value money card. You could pay your subway fare by simply tapping the Octopus Card at the turnstile. Or you could use […]
Australia should remove its “colored glasses” when looking at China’s development, Chinese State Councilor and Foreign Minister Wang Yi said when meeting with his Australian counterpart Julie Bishop earlier this week. Bishop admitted that negative […]
US Commerce Secretary Wilbur Ross will visit China early next month for another round of talks amid ongoing trade frictions between the world’s two largest economies. Ross will visit China from June 2 to June […]
Moody’s Investors Service says that the property market remains as central to China’s economy as it did a year ago, largely through its impact on downstream industries in the supply chain such as cement and […]
The dollar lost momentum on Thursday following minutes of the Federal Reserve’s last policy meeting and the threat by U.S. President Donald Trump of imposing new tariffs on imported cars. While most policymakers thought it […]
USDJPY remains elevated amid the easing of trade war concerns as China reduces auto import tariffs, while widening US-JP bond spreads would favour further USDJPY buying
After easing yesterday and in early trade today, a USD rally seems likely as the US and China reach a trade war ceasefire.
China has pledged to buy more U.S. goods to reduce America’s huge trade deficit and help avoid exacerbating a trade war between the world’s two biggest economies, with energy and commodities high on Washington’s list […]
The USD-index continues to hold onto its gains amid reduced fears of a trade war between the US and China, while GBP is on the backfoot amid Snap Election chatter.
There have been two major developments over the weekend. First, the US and China appear to have struck an agreement in principle that will reduce the bilateral imbalance. The precise details have yet to be […]