The relative calm on Chinese equity markets so far today is not doing any harm to the euro, and is even helping AUD after its earlier falls.
EUR/USD has resistance 1.3070/80, but stops above 1.3090 (some sellers again above 1.3100).
Shanghai Composite, 5 minute candles:
Most Popular
Sponsored
The EU has struck a provisional agreement to implement its Turnberry trade deal with the US, paving the way for duty cuts on American goods before Trump's July 4 deadline and averting the threat of higher US tariffs on European products.
Bright Valley Capital exits H World Group ($27.33M trade) after 27% annual return. Fund downsizes.
CNXC's 15.3% revenue growth & 1.9x P/E signal opportunity; FLO & MTD face sales/margin risks.
PBOC sets USD/ CNY central rate at 6.8397 (vs. estimate at 6.8072)
US 30-yr yields hit 2007 highs as selloff deepens. Rinehart bets $100M on defense stocks.
INDUS Capital adds 126K HTHT shares, boosting its 86% portfolio stake. HTHT up 34% YTD, yielding 4.4%.
The People's Bank of China has left its Loan Prime Rates (LPR)s unchanged for the 12 month. 1 year LPR at 3%, 5 year at 3.5%, both unchanged again.
Sponsored
Must Read
