Senior U.S. and Chinese officials renewed their commitment and had their Phase 1 trade deal reaffirmed in a telephone call originally expected on Aug. 15.
Category: Features
Muted Chinese retail sales and industrial output slowed a selldown of the greenback and dollar index heads for its longest weekly losing streak since 2010.
Markets call for it but US lawmakers have not yet reached an agreement about the fiscal package to cushion the economic blow from the pandemic.
A stalemate in talks between the White House and congressional Democrats over additional U.S. stimulus continued leading investors to enormous uncertainty.
The struggle continues in the U.S. Congress on extending COVID-19 stimulus package while investors cheered an order from the U.S. President Donald Trump.