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China and US in Communication on Trump Visit, Chinese Foreign Ministry Says
BEIJING, March 16 (Reuters) - China and the U.S. are in communication about President Donald Trump's visit to China, a Chinese foreign ministry spokesperson said on Monday when asked about reports of Trump's threat to delay a planned summit with Chinese President Xi Jinping.
Reuters
Mon, Mar 16
Trump Signals Again. Cuba May Become the Next Focus After Iran.
TradingKey - On March 15 (ET), U.S. President Trump stated that the United States may soon reach an agreement with Cuba or take other actions. He noted that the U.S. is in negotiations with the Cuban side, but the current priority remains Iran.TradingKey
Mon, Mar 16
Asian Stocks Waver on Mideast Tensions; Indonesia Tumbles to Eight-month Low
March 16 (Reuters) - Stocks in emerging Asia fluctuated on Monday as the Middle East war kept oil prices elevated and investors on edge, while Indonesian equities fell to an eight-month low after the president indicated a willingness to exceed the country's fiscal deficit limit.Reuters
Mon, Mar 16
Japan Not yet Planning Hormuz Escort Mission, Pm Takaichi Says
TOKYO, March 16 (Reuters) - Japan does not currently plan to dispatch naval vessels to escort ships in the Middle East, Prime Minister Sanae Takaichi said on Monday, after U.S. President Donald Trump called on allies to help escort tankers through the Strait of Hormuz.Reuters
Mon, Mar 16
Micron Plans Second Chip Facility at Newly Acquired Taiwan Site
TAIPEI, March 16 (Reuters) - U.S. memory chipmaker Micron Technology MU.O said on Monday it plans to build a second manufacturing facility in Taiwan at the Tongluo site it recently acquired from Powerchip Semiconductor Manufacturing Corp.
Reuters
Mon, Mar 16
GLOBAL MARKETS-Asia Shares Wary, Oil Volatile as War Drags On
SYDNEY, March 16 (Reuters) - Asian markets were in a wary mood on Monday as hostilities in the Gulf kept oil prices elevated, complicating an inflation outlook that should keep most central banks on pause at policy meetings this week, barring one possible hike.Reuters
Mon, Mar 16
Jd.com Launches Joybuy in Europe, Targeting Amazon
LONDON, March 16 (Reuters) - Chinese e‑commerce giant JD.com 9618.HK on Monday launched its Joybuy online marketplace in the UK, Germany, France, the Netherlands, Belgium and Luxembourg, stepping up its push beyond its home market and taking aim at market leader Amazon AMZN.O.Reuters
Mon, Mar 16
Breaking: Gold Falls Below $5,000 as Oil-driven Inflation Fears Weigh
Gold price (XAU/USD) tumbles to around $4,980 during the early Asian session on Monday. The precious metal faces some selling pressure despite intense geopolitical conflict in the Middle East. Traders will closely monitor the developments surrounding the United States (US)-Israel war with Iran.Fxstreet
Mon, Mar 16
Japan Finance Minister Flags Readiness to Take Decisive Steps on Forex
TOKYO, March 16 (Reuters) - Japan Finance Minister Satsuki Katayama said on Monday that the government is prepared to take decisive steps against volatility in foreign exchange and other financial markets, as the yen sank close to the psychologically important 160-per-dollar line."There was shar...Reuters
Mon, Mar 16
Silver Price Forecast: XAG/USD Bounces Off Two-week Low; Retakes $81.00 Amid Bearish Setup
Silver (XAG/USD) stages a modest recovery from a nearly two-week low, around the $78.35 region touched during the Asian session on Monday, and climbs back above the $81.00 mark in the last hour.Fxstreet
Mon, Mar 16
Trump Warns NATO Faces ‘very Bad Future’ If Allies Fail to Help Us in Iran, Ft Reports
March 15 (Reuters) - U.S. President Donald Trump has warned that NATO faces a “very bad” future if U.S. allies fail to assist in opening up the Strait of Hormuz, in an interview with the Financial Times published on Sunday.Reuters
Mon, Mar 16
Australian Dollar Steady After Turbulent Week, with Focus on Hawkish RBA
SYDNEY, March 16 (Reuters) - The Australian dollar steadied on Monday following two consecutive weeks of losses as a war in the Middle East rages, while traders braced for a possible trade hike Down Under as surging oil prices increased concerns about inflationary risks.Reuters
Mon, Mar 16
US Energy Secretary Says Iran War Expected to End Within Next Few Weeks
US energy secretary Chris Wright said that he expects the United States (US)–Israel war with Iran to end within “the next few weeks,” with oil supplies rebounding and energy costs declining afterwards, the Guardian reported on Sunday.Fxstreet
Mon, Mar 16
