China’s Caixin recently came out with the news report while quoting the dragon nation’s Minister of Commerce Zhong Shan as showing readiness to take measures to promote trade developments. The news follows earlier upbeat comments from the United States’ (US) Trade Secretary Wilbur Ross. Key quotes “Specific policy measures to promote the high-quality development of trade will be introduced soon.” “Affected by factors such as slowing global economic growth, fluctuations in international financial markets, and adjustments in monetary policy in developed countries, global demand has continued to weaken, geopolitical complexity has changed, and uncertainties have increased significantly.” FX implications With the Chinese diplomat following the footsteps of the US lawmakers, chances are high that the present risk aversion gets healed soon. As a result, the Antipodeans could regain their strength while traditional safe-havens might have to trim recent gains. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next GBP/USD technical analysis: Bearish technical indicators signal return of sub-1.2600 area FX Street 3 years China's Caixin recently came out with the news report while quoting the dragon nation's Minister of Commerce Zhong Shan as showing readiness to take measures to promote trade developments. The news follows earlier upbeat comments from the United States' (US) Trade Secretary Wilbur Ross. Key quotes "Specific policy measures to promote the high-quality development of trade will be introduced soon." "Affected by factors such as slowing global economic growth, fluctuations in international financial markets, and adjustments in monetary policy in developed countries, global demand has continued to weaken, geopolitical complexity has changed, and uncertainties have increased significantly." FX implications With… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
