Commerce Secretary says Trump-Xi talks will address trade imbalances (news: 08/11/17)

Today's press

  • BEIJING (Reuters) – Meetings between U.S. President Donald Trump and Chinese President Xi Jinping in Beijing this week will focus on addressing trade imbalances between the two countries, U.S. Commerce Secretary Wilbur Ross said on Wednesday.

  • TOKYO/MIYAZAKI, Japan (Reuters) – The IMF on Wednesday urged Japan to maintain its massive monetary stimulus to boost consumer prices, a view echoed by a central bank board member, reinforcing expectations policy will remain accommodative.

  • NEW DELHI/MUMBAI (Reuters) – Indian officials extolled last year's shock ban on high denomination bank notes as a success on Wednesday, while opponents staged protests and Nepal said its citizens were still stuck with billions of rupees in old money.

  • Having refused to succumb tobearish technical pressures, the world's largest cryptocurrencyis better bidtoday.

Next trading day's important events

  • 10:00 (GMT+3) Germany – Trade Balance s.a. (Sep)
  • 13:00 (GMT+3) Eurozone – ECB Cœuré Speech

Forex quotes:

  • USDJPY: 113.56
  • EURUSD: 1.1591


  • S&P 500: 2590.64
  • NASDAQ: 6767.78

Source: Alpari

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