PBOC Adviser Ma: US-China trade truce should rule out any need for major new stimulus

In an interview with Bloomberg earlier today, the Chinese central bank, the People’s Bank of China (PBOC) Adviser Ma Jun noted that “the policy makers won't need to introduce any new massive stimulus measures to reach China's goals of achieving at least 6% gross domestic product growth and keeping the jobless rate below 5.5% in 2019.”

Meanwhile, MNI’s Barton offers more on Ma’s interview.

US Pres. Trump presses China’s Xi on detainment of Canadians – Globe And Mail

Canada’s news outlet, Globe And Mail, quotes the Canadian sources, as saying that the US President Trump pressed his Chinese counterpart Xi Jinping on
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USD/CNH technical analysis: Another U-turn from 4-week old trend-line

USD/CNH registered another U-turn from 4-week old resistance line as it takes the rounds to 6.8745 during early Asian morning on Thursday.
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