China's Ministry of Commerce (MOFCOM) says China and the US should properly handle the relationship between competition and cooperation

Newsquawk StaffPublished
Newsquawk headlinesUTC

Every headline is on the live feed 20 minutes before this site.

Australia PM Albanese says the country's fuel supply looks safe in the coming months

Explosions heard in Tehran, while a report also noted the bombing of a Revolutionary Guard headquarters in the city of Kashan, central Iran

China's Ministry of Commerce (MOFCOM) says China and the US should properly handle the relationship between competition and cooperation

Fed's Barr (voter) says he has particular concern for long-run inflation expectations, adds the longer inflation remains above 2%, the greater the risk that it becomes entrenched

New York Fed's Perli says reserve management buying is likely to be tapered after April tax date

On the Newsquawk feed at , 20 minutes before this page.

Use the PlatformFree. No signup, no card.

Says

  • China and the US should maintain close communication, look forward together, and promote healthy, stable, and sustainable development of bilateral economic and trade relations.
  • China is willing to strengthen multilateral and regional economic and trade cooperation with the US.
  • China expressed serious concern regarding US Section 301 investigations against multiple economies, including China.

Context

China's Ministry of Commerce is emphasizing the need for a balanced relationship with the US, advocating for both competition and cooperation. This highlights ongoing tensions, particularly in light of trade investigations; any escalation in rhetoric could impact market sentiment and currency stability, especially for the USD and JPY. Traders should be alert to potential shifts in trade policy narratives that could affect risk assets and global economic outlook.

Related headlines

The feed had this first.

Use the Platform