U.S. trade official says China failed to meet ‘Phase 1’ commitments

Chinese and US flags flutter outside a company building in Shanghai, China November 16, 2021. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Feb 1 (Reuters) – China has failed to meet its commitments under a two-year “Phase 1” trade deal that expired at the end of 2021, and discussions are … Read more

Base metals subdued in thin trade as China shut for holiday

Jan 31 (Reuters) – Copper prices were little changed on Monday, while aluminum edged lower on profit-taking in thin Asian trading as Chinese markets were closed for a week-long Lunar New Year holiday. Three-month copper on the London Metal Exchange was virtually flat at $9,503.50 a tonne by 0623 GMT. It hit a three-week low … Read more

China’s yuan recovers some ground in pre-holiday trade after one-day plunge

SHANGHAI (Reuters) – The Chinese yuan regained some ground on Friday after its biggest one-day weakness in more than seven months, although trading eased as the Lunar New Year holiday approached. After a sharp decline on Thursday, the People’s Bank of China set the daily midpoint of the yuan fixing at 6.3746 to the dollar … Read more

U.S. focused on existing metals talks, Tai tells S. Korean trade chief

US Trade Representative Katherine Tai testifies before the Senate Finance Committee on Capitol Hill in Washington, US, May 12, 2021. Pete Marovich/Pool via REUTERS/File Photo Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Jan 27 (Reuters) – US Trade Representative Katherine Tai told South Korea’s trade minister on Thursday the United States was … Read more

U.S. goods trade deficit hits record high; retail inventories surge

Stacks of merchandise are photographed during operations on Cyber ​​Monday at the Amazon Fulfillment Center in Robbinsville, New Jersey, US, November 29, 2021. REUTERS/Mike Segar/File Photo Register now to get free unlimited access to Reuters.com Register The goods trade deficit increased 3.0% in December Retail stocks rose 4.4%; Wholesale sales rise 2.1% New home sales … Read more

LIVE MARKETS London FX trading falls from records

European shares up 2% Travel & leisure index leads gainers Fed policy meeting squarely in focus Nasdaq futures rise Jan 26 – Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at [email protected] LONDON FX TRADING FALLS FROM RECORDS (1005 GMT) Trading … Read more

Asian shares, U.S. futures slide as traders fret about Ukraine, rate rises

An electronic price board is displayed inside a conference hall in Tokyo, Japan on November 1, 2021. REUTERS/Issei Kato Register now to get free unlimited access to Reuters.com Register HONG KONG (Jan. 25) (Reuters) – Asian stocks and U.S. futures fell on Tuesday after a tumultuous session on Wall Street, with investors worried about the … Read more

EXCLUSIVE Indian rice traders stop new export deals as freight train shortage blocks shipments

Workers lift a bag of rice onto a truck at a wholesale grain market in the northern Indian city of Chandigarh on February 9, 2012. REUTERS/Ajay Verma/File Photo Register now to get free unlimited access to Reuters.com Register MUMBAI (Reuters) – Nearly a third of India’s rice exports for this month are stuck due to … Read more

Dollar finds a footing as traders brace for hawkish Fed

Illustrative photo of the US dollar, Swiss franc, British pound and euro banknotes, taken in Warsaw on January 26, 2011. REUTERS/Kacper Pembel/File Photo Register now to get free unlimited access to Reuters.com Register The dollar maintains Friday’s jump in Asia Rebound extends to 114.45 yen; Federal Funds Futures Drops China offers surprise 10 basis points … Read more