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China ForeignMin Spokesman Geng: Not aware about report on tentative trade truce, Yen bounces

Headlines are crossing the wires from the Chinese Foreign Ministry Spokesman Geng Shuang, as it responds to the earlier reports that the US and China have reached a tentative trade truce.

Not aware about report on tentative trade truce.

Gold technical analysis: Bulls show some resilience near $1400 mark, 38.2% Fibo. level

Given that the commodity has already found acceptance below 100-hour SMA for the first time in over a week or so, a follow-through selling will set th
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China: Industrial profits turn positive on fiscal push – ING

Iris Pang, economist at ING, notes that China’s industrial profits grew 1.1% year-on-year in May after declining 3.7% YoY in April. Key Quotes “This s
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