China ready for proportionate response to U.S. tariffs – envoy (news: 03/04/18)

Today's press

  • BEIJING (Reuters) – China will take counter-measures of the “same proportion” and scale if the United States imposes further tariffs on Chinese goods, China’s ambassador to Washington said, amid growing fears of an impending trade war.

  • WASHINGTON (Reuters) – Shares of online retail giant pared some gains after U.S. President Donald Trump on Tuesday repeated his attack on the company over the cost of its deliveries sent through the United States Postal Service.

  • Britain’s manufacturers saw activity soften substantially in early 2018, according to the latest survey snapshot of the sector.

  • Bitcoin (BTC) continues to mount a recovery despite the recent bearish "death cross" chart event.

  • A subsidiary of Sinochem Corporation, one of China’s four major state-owned oil companies, has completed a shipment of gasoline from China to Singapore entirely using Blockchain technology, Reuters reports April 2.

Next trading day's important events

  • 12:00 (GMT+3) EMU – Consumer Price Index (YoY) (Mar)

Forex quotes:

  • USDJPY: 106.49
  • EURUSD: 1.226


  • S&P 500: 2585.22
  • NASDAQ: 6868.97

Source: Alpari

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