China's MOFCOM spokesperson, when asked about a potential round of US-China trade talks, says China is willing to work with the US side to jointly uphold and implement the important consensus of the two heads of state, Global Times reports
The statement from China's MOFCOM indicates a willingness to engage in dialogue with the U.S., which could signal a de-escalation in trade tensions.
Swedish Consumer Confidence (Jan) 95.3 (Prev. 95.6, Rev. From 95.8)
Spanish Retail Sales MoM (Dec) M/M -0.8% (Prev. 1%)
China's MOFCOM spokesperson, when asked about a potential round of US-China trade talks, says China is willing to work with the US side to jointly uphold and implement the important consensus of the two heads of state, Global Times reports
Turkey says it has foiled an Iranian intelligence plot at US' Incirlik base
Alibaba (BABA) has reportedly attracted more than 400 clients for their new chip, according to sources
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
- Full post: China is willing to work with the US side to jointly uphold and implement the important consensus of the two heads of state, make good use of the China-US economic and trade consultation mechanism, manage differences, advance cooperation, and promote the stable, healthy, and sustainable development of China-US economic and trade relations, Chinese Commerce Ministry spokesperson He Yongqian said on Thursday, responding to a question about remarks by US Trade Representative Jamieson Greer, who recently floated the idea of another potential round of trade negotiations with China at Davos ahead of meeting between the two countries’ leaders."
This collaborative approach may promote stability in U.S.-China relations, thereby impacting markets such as currencies, commodities, and equities. Traders should keep an eye on potential market movements as further negotiations could alter risk sentiment and asset valuations.
Related headlines
- [MARKET ANALYSIS] Asia-Pac stocks trade mixed as partially weathers the hawkish FOMC meeting where the Fed hiked rates and the dotplots pencilled in another hike this year1 hour ago
- US President Trump says very close to a deal with Mexico and we don't need anything Europe has, also questions why should the US carry Canada4 hours ago
- US President Trump says Iran war will end soon because Iran cannot go on and it is going to be a really good conclusion4 hours ago
- US President Trump is expected to meet Gulf leaders on the sidelines of the UN General Assembly in New York next Tuesday to discuss next steps in the war with Iran, according to Axios5 hours ago
- US President Trump says Fed Chair Warsh has a tough board and he still has confidence in Warsh, also notes interest rates are too high and not appropriate6 hours ago
- US President Trump posts interest rates in the US should be 1% or less; "LOWER THE INTEREST RATES FOR THE UNITED STATES OF AMERICA, AND FAST!"8 hours ago
- Hong Kong Monetary Authority Chief Executive Eddie Yue says HKD may gradually ease after carry trade activity3 hours ago
- US-Mexico trade talks were pushed back one week, according to WSJ8 hours ago
- [MARKET ANALYSIS] Dollar takes a breather and holds on to post-FOMC spoils1 hour ago
- Israel conducts air and artillery fire on southern Lebanon, according to Mehr News Agency5 hours ago
- US intelligence warns regarding sale of F-35 jets to Saudi Arabia that China could acquire US jet technology through spying or cooperation with Saudis, according to NYT7 hours ago
- US Presdient Trump says Iran wants to make a deal and hopefully we're more at the end of the Iran war6 hours ago
- Fed Chair Warsh says in July expressed joint readiness to act and the FOMC decided that this standard has not been satisfied and the committee's unanimous vote shows our resolve to achieve price stability on a timelier basis10 hours ago
- [MARKET UPDATE] Asia-Pac stocks begin higher and US equity futures attempt to rebound overnight despite the hawkish FOMC where the Fed hiked rates and dot plots pencilled in another hike this year4 hours ago
- Fed Chair Warsh says it was evident that most advanced economies are facing price pressures, and FOMC decision today reflects their best judgment in service to its remit10 hours ago
- [MARKET ANALYSIS] T-note futures are contained following post-FOMC selling2 hours ago
- CRUDE WRAP: WTI (V6) SETTLED USD 3.40 LOWER AT 102.43/BBL; BRENT (X6) SETTLED USD 2.92 LOWER AT 105.83/BBL9 hours ago
- [MARKET UPDATE]: Hawkish reaction with stocks, bonds and gold falling while the Dollar rises after the Fed hiked rates in unanimous decision, dot plots pencilled in one more hike this year, and Warsh emphasised commitment to price stability9 hours ago
- PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Taiwan Digital Minister Lin Yi-jing recently visited Washington, D.C., and met with US officials, think tanks and major technology companies to discuss cooperation on AI and cybersecurity3 hours ago
- PBoC is expected to set USD/CNY mid-point at 6.7241 (prev. 6.7628)4 hours ago
The whole workspace, free to try.
Try it free