Equities Turn Slightly Weaker Near The Top
Equity markets were seen trading rather flat for the third consecutive day. [...]
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China and the U.S. coordinating
China and the U.S. coming closer
China's vice finance minister stated today that the Chinese nation and the U.S. should support each other via opening their markets, thus increasing cooperation and policy coordination.
China's weak expansion creates global distress
Zhu highlighted further that there is a considerable downside pressure on the worldwide economy, following China’s slow pace and weak expansion.
Japan's new growth strategy
Today, the Japanese government will be setting out a new strategy for growth, one which has already disappointed the majority of the economists.
The economists stated that Abe's approach did not bring any progress, while structural reforms, monetary, and fiscal measures are urgently needed.
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Thursday, 02 Jun, 2016 / 8:02
Source : https://www.argusfx.com/en/research-education/market-analysis/news/china-and-the-u.s.-coordinating
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