Trump's combative stance has compounded fears of an all-out trade and currency war, with the United States slapping tariffs on steel and aluminium from the EU, Canada and Mexico, in addition to levies on goods from China worth tens of billions of dollars.
Chinese Premier Li Keqiang stressed the government would accelerate plans to reduce taxes by more than 1.1 trillion yuan ($160 billion) and to issue 1.35 trillion yuan in local government special bonds for infrastructure. -China trade war will further hurt output.
DXY: The dollar index steadied after falling to an over 1 week earlier on reports that Trump was anxious the Federal Reserve will raise interest rates twice more this year.
Maharaj claims South Africa's best figures since readmission Cape Town - Proteas opening batsman Dean Elgar admits that Sri Lanka have been the better team in the two-match Test series. Faf du Plessis showed some resistance in Colombo, battling to 48 in the Proteas' first innings of the second test.
It was last down 0.2% at 94.27, the lowest in more than two weeks. The dollar fell against its major trading partners after CNBC reported that Trump was anxious the Federal Reserve will raise interest rates twice more this year. "It's a two-way float", Geng Shuang, foreign ministry spokesman, said at a regular briefing in Beijing when asked to comment on Trump's remarks on the yuan.
U.S. Dollar and China Yuan notes are seen in this picture illustration June 2, 2017. The BOJ, in turn, offered to buy an unlimited amount of five- to- 10-year Japanese government bonds on Monday.
The shift in focus toward easing also comes after the central bank in July released 700 billion yuan in liquidity by cutting some banks' reserve requirements, prompted by concerns over tighter cash conditions and a potential economic drag from the USA trade dispute. With the Fed lifting rates seven times since it began tightening in December 2015, the gap between US and German benchmark yields at some maturities is the widest since at least the 1990s.
Trump is not trying to influence currency markets, Treasury Secretary Steven Mnuchin has said, reiterating that a strong USA dollar reflects a strong U.S. economy and is in the United States' long-term interest.
Chinese shares also opened lower but quickly reversed their losses, with both the blue-chip index and Shanghai's SSE composite up a touch.
"Neither are we overly concerned by recent Chinese yuan weakness triggering a liquidity shock, and we expect policy makers to intervene if there's sustained downward pressure", May told Anadolu Agency. Reed Cavendish Wealth Management analysts say USA businesses based in China are concerned that such measures could mean increased inspections, delayed investment approvals or even consumer boycotts.
"The market took the news as a possible sign the anchor at the long end may allow for some natural drift higher", ANZ said in a note to clients. The fixing was 298 pips or 0.44 percent weaker than Monday's midpoint of 6.7593.
Sony announced Monday that it's designed the highest-resolution image sensor for phone cameras, offering 48 effective megapixels. Better dynamic range means that pictures with both bright and darker areas should have more detailed highlights and shadows.
However, with rumours circulating around the Danish international's future, Ward could be seen as the Foxes new number one. Ward, 25, has been touted as a target for the Foxes this summer as they look to bolster their squad ahead of next season.
Throughout the day, Reuters witnesses on the Golan Heights heard explosions and saw plumes of smoke rising from Syrian territory. Foreign Minister Ayman Safadi said the total number of evacuees was 422, even though the initial request was to evacuate 800.
Mondelēz says there have been no complaints of illness related to the product, but the recall has been issued as a precaution. Certain Ritz Cracker Sandwiches and Ritz Bits products are being recalled because of the potential presence of Salmonella .
In June the company said it was eliminating 3,600 jobs, or 9 percent of its staff, as part of a restructuring effort. Tesla burned through more than $700 million in the first quarter - leaving it with $2.7 billion cash on hand.
It would sport a glass build on the front, covering a 5.99-inch fullHD+ 18:9 aspect ratio screen, and metallic body on the back. Under the hood, Xiaomi Mi A2 is rumoured to include a Qualcomm Snapdragon 660 SoC, paired with 4GB of RAM.
Current Trump attorney Rudy Giuliani said the payment was never made and the brief recording shows Trump did nothing wrong. In this specific instance, it was Trump who waived the privilege after Special Master Jones ruled the tape was privileged.
But on Saturday the luxury carmaker said it had appointed board member Louis Camilleri as its new CEO, replacing Marchionne. Those brands were expected to account for 80 percent of revenues by 2022, compared to 65 percent now .
One question that seemed natural following the week was whose advice, if anyone's, was Trump taking in handling this episode. Bush, who welcomed the Russian leader in the East Room as "my friend". "Maybe in a year or two", he tells The Hill .
India Prime Minister Modi Arrives In Uganda
For Modi, this is his second visit to this East African nation after his visit in 2007 as Gujarat Chief Minister. Rwanda has had a high commission in New Delhi for many years, now manned by Ernest Rwamucyo as envoy.
Stocks wobble, dollar slips as traders shrug off trade talk
The yuan has been skidding since February, mostly because of slower economic growth in China and rising interest rates in the U.S. Many analysts now fear there will be no significant movement towards resolution until after USA mid-term elections in November.
Jeff Bezos' Blue Origin launches spacecraft higher than ever
Both the spacecraft and the rocket landed safely back on Earth, the capsule returning to the ground after 11 minutes of flight. The company said that by firing the emergency motor in the vacuum of space for the first time took things to the next level.