Back

President Trump: Promises to end reliance on China 'once and for all'

The US President Trump, while deliveirng an acceptance speech to 2020 Republican National Convention late Thursday, promised to end reliance on China 'once and for all'. Trump added that he would impose tariffs on companies that leave US. 

The Trump administration kickstarted a trade war with China two years ago, which roiled global growth. The two sides agreed to a phase one trade deal at the onset of this year. The relief, however, was short-lived as tensions escalated with Washington accusing China of negligence in managing the coroanvirus outbreak. 

Gold Price Analysis: XAU/USD rises 0.25%, forming a bear flag on 15-min chart

Gold's 15-minute chart shows a bear flag pattern. A breakdown will likely invite stronger selling pressure. Gold is trading near $1,933 per ounce at
Read more Previous

USD/INR: Options market flips bearish for first since March 2019

One-month risk reversals on USD/INR, a gauge of calls to puts, has crossed below zero for the first time since March 2019, indicating a bearish shift
Read more Next