China will introduce important measures to ease the negative impact of the trade war - Global Times (Risk boosted)

Dhwani Mehta FXStreet

The risk sentiment is seeing a fresh lift on the Editor-in-chief of Chinese and English editions of the Global Times, Hu Xijin’s, tweet, as he says: “Based on what I know, China will introduce important measures to ease the negative impact of the trade war. The measures will benefit some companies from both China and the US.”

USD/JPY extended the upside and renewed fresh six-week tops at 107.80, as S&P 500 futures jumped back into the bids, now approaching the 3k mark. The benchmark 10-year Treasry yields rise nearly 1% to 1.72%.USD/JPY extended the upside and renewed fresh six-week tops at 107.80, as S&P 500 futures jumped back into the bids, now approaching the 3k mark. The benchmark 10-year Treasry yields rise nearly 1% to 1.72%.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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