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Market news

15 May 2019

U.S. Treasury Secretary Mnuchin says China recently retreated on many trade commitments

  • Says in "serious" talks with China to improve trade ties
  • A lot of work to do on China trade negotiations
  • Says he will likely go to Beijing at some point to continue talks
Market Focus
  • Eurozone annual inflation up to 1.7% in March
  • China's central bank will not let yuan decline past 7 to the dollar - sources
  • European car sales drop in April for 8th straight month - ACEA
  • BOJ Governor Kuroda: BOJ may keep low rates well over year, dismisses debt monetisation

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