Anonymous ID: 3b16ba May 9, 2019, 9:44 p.m. No.6460422   🗄️.is đź”—kun   >>0435 >>0628 >>0840 >>0878 >>0923 >>0953

China expresses regret over U.S. tariff hike, vows countermeasures and Asian Markets reaction(s)

 

BEIJING (Reuters) - China on Friday said it “deeply regrets” the United States’ decision to increase tariffs on $200 billion worth of Chinese goods to 25% from 10%, adding without elaborating that it would take necessary countermeasures.

(I am concerned by your deep concern-fuck off china)

 

China’s Commerce Ministry said in a short statement that it hoped the United States could meet China halfway and resolve the issue through cooperation and consultation.

 

Top U.S. and Chinese trade negotiators concluded the first of two days of talks in Washington on Thursday to rescue a deal aimed at ending a months-long trade war that is close to collapsing.

https://www.reuters.com/article/us-usa-trade-china-reaction/china-expresses-regret-over-u-s-tariff-hike-vows-countermeasures-idUSKCN1SG09T?il=0

 

China shares, yuan rise, US Crude and US Futures drop

In late morning trade, the benchmark Shanghai Composite index was up 1.3 percent, having ended at an 11-week closing low in the previous session. But that was down from earlier highs that saw the index rise as much as 2.6 percent.

 

China’s blue-chip CSI300 index was up 1.5 percent, having earlier risen more than 3 percent.

In Hong Kong, the Hang Seng Index was up 0.5 percent while H-shares added 0.6 percent.

 

The smaller Shenzhen index was up 1.8 percent and the start-up board ChiNext Composite index was higher by 2.1 percent.

 

China’s yuan was up 0.1 percent at 6.8191 per dollar, despite China’s central bank setting the midpoint of the currency’s daily trading band at its weakest level in 3-1/2 months before the market open, at 6.7912 per dollar.

https://www.reuters.com/article/us-china-markets/china-shares-yuan-rise-on-hopes-for-last-minute-trade-deal-idUSKCN1SG08P

https://www.kitco.com/charts/livegold.html

https://www.dailyfx.com/crude-oil

https://www.barchart.com/futures/quotes/ZNM19/overview