China’s economy is growing again after its worst three months in decade. China GDP returned to growth in the second quarter, up 3.2%.
Category: Features
Early data for progress towards a potential COVID-19 vaccine boosted hopes of an economic recovery and set the risk-on mood in currency markets.
The change in risk sentiment was fuelled by COVID-19 concerns as a resurgence of infections has caused some areas to place new restrictions on business activity.
The dollar paused on Friday as Alarming new spikes in coronavirus cases in the United States stoked concern about the pace of economic recovery.
Investors shrugged off diplomatic tension between Washington and Beijing to focus on China’s economic recovery.