🚨China's US Treasury securities holdings $784 bln in February vs. $761 bln in January.
BoJ Governor Ueda: US tariffs could exert downward pressure on global, domestic economy, while cannot tell right now which way they would impact prices
SWIFT: China's Renminbi share as a global payment currency was 4.13% in Mar, down from 4.33% in Feb
This media is not supported in your browser
VIEW IN TELEGRAM
🚨Billionaire Tim Draper says Bitcoin is going to $250k this year.
🍾3🔥2
China Shanghai: supports private listed companies in using buybacks and shareholder increases for market cap management
🚨Fitch Ratings: The intensifying US-China tariff conflict is set to severely disrupt trade flows between the two countries.
🚨Fitch Ratings revises their U.S. inflation forecast upward to over 4%, which implies stagnation in real wages.
Goldman Sachs warns of $800bn US outflows from China stocks in extreme scenario should US investors be forced to offload Chinese equities
BoJ's Nakagawa: US tariffs will likely push Japan economy downward through reduced trade, corporate profits and impact on markets.
ECB Policy Announcement today at 12:15 GMT/08:15 ET. The ECB is expected to cut by 25 bps bringing the deposit rate to 2.25%. Two more rate cuts expected by year-end.
China Commerce Ministry, on Trump saying ball in China's court: Ministry maintaining normal communication with US counterparts. Urges US to stop threat and blackmail, resolve issues on basis of mutual respect.