Category: tones
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China Tones It Down at Davos This Time Ahead of Trump Tariffs
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Breadcrumb links BMN Business In 2017, weeks after Donald Trump’s first presidential election victory, Xi Jinping became the first Chinese president to address the World Economic Forum in Davos, Switzerland, drawing applause as he criticized protectionism and declared that a trade war would hurt both sides. Article writer: Bloomberg News…
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USD/JPY gains, but Ishiba tones down hawkish bias By Investing.com
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Investing.com – The recent nomination of new Japanese Prime Minister Shigeru Ichib has sent the yen higher, but UBS is skeptical that his appointment will significantly change the speed of the yen’s rise. At 05:00 EST (09:00 GMT), it was trading 0.1% higher at 143.81 yen, after falling to 142.09…