China and the US Commerce heads have agreed to manage their differences properly and agree to push forward with trade and investment ties.
China's Commerce Minister Wang Wentao and US Commerce Secretary Gina Raimondo had a candid and pragmatic exchange of views on Thursday, The Global Times reported.
The exchange was done over a phone call on ''relevant issues of mutual concerns, agreeing to promote pragmatic cooperation in trade and investment and properly handle differences.''
There has been no reaction in the markets that are instead waiting for bigger fish to fry in the European Central Bank and US Consumer Price Index ahead of the G7 and next week's Federal Reserve meeting.
Forex volatility is the lowest since 2019 and the US presidency has been hardly eventful for forex so far with respect to China compared to the Trump era when the dollar was higher volatile.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.