China's MOFCOM says they are to enhance communications with the US on trade
China's Ministry of Commerce (MOFCOM) signaling an intent to enhance trade communication with the U.S.
[DESK UPDATE] Easter Schedule: Given the ongoing Middle East conflict and the US NFP report on Good Friday, the desk will operate as usual across Good Friday (April 3rd), Easter Monday (April 6th) and the surrounding days.
Reconstructing Iran's Khuzestan steel factory will take between 6-12 months, Mizan news reports
China's MOFCOM says they are to enhance communications with the US on trade
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Explosion reported in Kuwait; explosions are caused by an attack on American positions, Mehr and Fars News report
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suggests a potential thaw in economic tensions. This could favorably impact risk sentiment, potentially supporting the USD against major currencies like the EUR and JPY, although market reactions will depend on subsequent developments and specifics. Overall, it may indicate a more cooperative trade environment, which could ease some existing pressures in global markets.
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