EUR/USD
1.17123
-0.011%
Gold
4682.52
-0.133%
Oil
96.976
0.003%
USD/JPY
157.911
0.022%
GBP/USD
1.35226
-0.003%
GBP/JPY
213.542
0.021%
Real-time News
On May 14, Xi Jinping stated that the common interests between China and the United States outweigh their differences, that the success of each country is an opportunity for the other, and that a stable China-US relationship is beneficial to the world.On May 14, President Xi Jinping held talks with US President Donald Trump at the Great Hall of the People in Beijing. Xi Jinping pointed out that the world is undergoing rapid changes, with a complex and volatile international landscape, and the world has reached a new crossroads. Can China and the US overcome the "Thucydides Trap" and create a new paradigm for major-country relations? Can they work together to address global challenges and inject more stability into the world? Can they focus on the well-being of their people and the future of humanity to jointly create a bright future for bilateral relations? These are questions of history, questions of the world, and questions of the people; they are also answers that leaders of major powers need to jointly write for our times.On May 14, President Xi Jinping held talks with US President Donald Trump, who was on a state visit to China, at the Great Hall of the People in Beijing.The yield on Japans 30-year government bonds rose 3.0 basis points to 3.845%, while the yield on 40-year bonds rose 2.5 basis points to 4.095%.On May 14th, Barclays analyst Bum Ki Son stated that the Bank of Korea (BOK) may begin tightening monetary policy in August. The economist predicts the BOK will take "precautionary" interest rate hikes—one each in the third and fourth quarters of this year, and another in the second quarter of next year—raising the current rate from 2.50% to 3.25%. In a research report, he wrote that the BOK may be more optimistic about the economic growth outlook after a stronger-than-expected first quarter GDP performance. He also noted that heightened concerns about rising overall consumer prices due to the Middle East oil price shock may also prompt the BOK to take precautionary interest rate hikes.
