China House Price Index fell from previous -1.4% to -2.2% in March

Apr 16, 2024

EUR/USD falls toward 1.0600 on higher expectations of the Fed prolonging higher rates

EUR/USD continues to lose ground for the sixth successive session, trading near 1.0610 during the Asian hours on Tuesday.

Iran’s Foreign Minister: Iran willing to exercise restraint, has no intention of further escalation

Following his meeting with the Chinese counterpart, Iranian Foreign Minister Hossein Amir-Abdollahian said that “Iran is willing to exercise restraint and has no intention of further escalating the situation.” In a phone call with Iran’s Foreign Minister, China's Foreign Minister noted that 'It is believed that Iran will be able to grasp the situation well and avoid further instability while safeguarding Iran's sovereignty and dignity.” Market reaction Despite a thaw in the Israel-Iran conflict, the