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US Treasury Secretary Bessent: Trump told Xi that he wants to open up China
United States (US) Treasury Secretary Scott Bessent said during the European trading session on Thursday regarding the outcome of the meeting between President Donald Trump and Chinese leader Xi Jinping that both nations are trying to balance trade out.Fxstreet
Thu, May 14
Kazaks: ECB will continue to decide meeting by meeting, based on incoming data
The European Central Bank Governing Council member Martins Kazaks said in a presentation during an event on Thursday, the central bank will continue to decide meeting by meeting and on the basis of incoming data.
Fxstreet
Thu, May 14
Trump-Xi meeting was good and both agree for Hormuz remaining open - Reuters
According to a White House official, the meeting between United States (US) President Donald Trump and Chinese leader Xi Jinping was “good” and they both discussed ways to enhance economic cooperation, Reuters reports.Fxstreet
Thu, May 14
British Pound: Downside risks linger against US Dollar – UOB
UOB economists Quek Ser Leang and Lee Sue Ann keep a cautious stance on GBP/USD after the pair briefly broke below 1.3490 to 1.3485 before rebounding. For the next day, they expect consolidation between 1.3500 and 1.3560 as downside momentum eases.Fxstreet
Thu, May 14
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