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U.S. TREASURY YIELDS ROSE WITH CHINA’S CENTRAL BANK’S INITIATIVE
Highlights
- Benchmark 10-year yield increased 8.4 basis points at 1.6043%
- Financial intervention from China boosted investors mood
U.S. Treasury yields increased the reason being China has taken steps to curb coronavirus, and the...
Facial recognition case in China puts the elder brother on trial
Facial-recognition technology has made its way into the deepest parts of China, from its airports to the hotels, its e-commerce sites and even places like public toilets. Due to the increased involvement, a law professor when asked to scan their face at a local safari park, decided that he had ha...
Phase one of US-China trade deal could be signed within a week
According to Peter Navarro, White House assistant for trade and manufacturing policy, the partial trade deal between China and the U.S. could be signed within the week. Officials are waiting for the translation.
Navarro's comments were followed by the reportage of the same by the So...
Forex China narrows
Forex trading has been largely affected as the United States and China trade war had slowed down the economies involved and also had a global impact as the economic slowdown started during the trade war between these nations. Apart from economic and trade deficits, there have been huge deficits i...