China’s Commerce Ministry: Welcome US's goodwill gesture

Dhwani Mehta FXStreet

Reuters reports the latest comments from the Chinese Commerce Ministry, with the key headlines found below.

When asked about trade dispute with the US, says it welcomes US's goodwill gesture.

Chinese firms have started to inquiring about prices for US farm buys.

Hopes both sides will creative favorable conditions for talks.

Mid-level trade teams to meet soon to prep for high-level talks.

Trade teams are in effective communication.

Will roll out supportive measures to stabilise trade at appropriate time.

Possible purchases of US agriculture may include soybeans, pork.

The European equities are trading with modest gains in the opening trades while USD/JPY pares gains in tandem with S&P 500 futures, as risk trades take a breather ahead of the ECB decision.

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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