Created
: 2025.05.08
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
US Treasury Secretary Bessent: China trade talks to begin Saturday
World FX news
Breaking news
US Treasury Secretary Bessent: China trade talks to begin Saturday
New
2025.05.08 01:29
2025.05.08 01:29
2025.05.08 01:29
United States (US) Treasury Secretary Scott Bessent reaffirmed that US-China trade talks will begin on neutral ground when delegates from the two countries meet in Switzerland this weekend.
Key highlights
Bessent declines to say which countries the US could reach trade deals with this week, saying it would be detrimental to US interests.
Some trade negotiations are quite advanced towards agreements in principle.
China negotiations will begin on Saturday in Switzerland. Trump Trade Adviser Navarro won't be joining China talks in Geneva.
Talks with China on Saturday are a beginning for talks, not advanced discussions.
The Treasury market was well functioning in the April turmoil. We and the Fed have a very large toolkit for Treasuries.
There is broad investor support for Treasuries in auctions.
It is time for China to graduate from developing country status.
The US will always meet its debt obligations.
Many bank capital regulations may be too tight.
The unfettered ability to borrow has made US more prolific.
The market may discipline us one day. We're working to avoid it.
The conditions for a strong dollar are important for confidence.
I believe the debt-to-GDP ratio will drop next year.
Last updated
: 2025.05.08
Related articles
Canadian Dollar lurches higher on upbeat quarterly GDP growth
2025.05.31 05:26USD/CHF Price Forecast: Flat as inflation cools, as US-China tensions rise
2025.05.31 05:11AUD/USD trades sideways as fundamental and technical factors weigh on price action
2025.05.31 05:11EUR/USD holds steady as US PCE softens, trade tensions offset USD weakness
2025.05.31 04:20EUR/JPY falls as Bank of Japan faces pressure to raise rates
2025.05.31 03:32EUR/GBP edges higher as German Retail Sales and Inflation data provide a mixed picture for the ECB
2025.05.31 02:09
FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
Was this article helpful?
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Thank you for your feedback.
Thank you for your feedback.
Most viewed
Canadian Dollar lurches higher on upbeat quarterly GDP growth
The Canadian Dollar (CAD) found some room on the top side on Friday, spurred higher by a better-than-expected print in Canadian Gross Domestic Product (GDP) growth figures for the first quarter.
New
2025.05.31 05:26USD/CHF Price Forecast: Flat as inflation cools, as US-China tensions rise
The USD/CHF trades subdued on Friday after a US report showed that inflation is approaching the Federal Reserve's (Fed) 2% goal. Meanwhile, US President Trump complains about the slow negotiations between Beijing and Washington, which have roiled the markets.
New
2025.05.31 05:11AUD/USD trades sideways as fundamental and technical factors weigh on price action
The Australian Dollar (AUD) is consolidating against the US Dollar on Friday as fresh domestic data and monetary policy expectations for the Reserve Bank of Australia (RBA) and the US Federal Reserve (Fed) continue to drive price action.
New
2025.05.31 05:11EUR/USD holds steady as US PCE softens, trade tensions offset USD weakness
The Euro (EUR) remains steady against the US Dollar (USD) on Friday after a softer-than-expected US Personal Consumption Expenditures (PCE) Price Index, which was close to the Federal Reserve's (Fed) 2% goal, lifted the pair from daily lows of 1.1312.
New
2025.05.31 04:20Silver Price Forecast: XAG/USD plummets below $33.00 as Dollar rebounds, weekly losses near 2%
Silver price turned negative on Friday during the North American session, poised to end the week with losses of over 1.80% as the dollar staged a recovery during the day. XAG/USD trades at $32.87, down 1.29%.
New
2025.05.31 04:18EUR/JPY falls as Bank of Japan faces pressure to raise rates
The Euro (EUR) is coming under renewed pressure against the Japanese Yen (JPY) as investors weigh persistent inflation in Japan against soft consumer and inflation data from the Eurozone.
New
2025.05.31 03:32Dow Jones Industrial Average hobbled by renewed China trade tensions
The Dow Jones Industrial Average (DJIA) stumbled on Friday as investors continue to get pummeled with new trade concerns from the White House.
New
2025.05.31 03:17Gold price falls below $3,300 on strong US Dollar as Trump reignites China tensions
Gold price slumped on Friday as the US Dollar recovered some ground despite witnessing a drop in US Treasury bond yields following a strong inflation report, which keeps traders hopeful that the US Federal Reserve (Fed) will ease policy in 2025. XAU/USD trades at $3,289, down 0.83%.
2025.05.31 02:19EUR/GBP edges higher as German Retail Sales and Inflation data provide a mixed picture for the ECB
The Euro (EUR) is firming against the British Pound (GBP) on Friday, with EUR/GBP holding above the 100-day Simple Moving Average (SMA) near 0.8415.
2025.05.31 02:09US exceptionalism wanes as global investors pivot away - Rabobank
The concept of 'US exceptionalism' covers many specific themes. For academics it may have referred to the US's ability to attract bright minds from around the world and generate cutting edge research.
2025.05.31 00:24Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy
