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According to Reuters, the PBOC will likely set the USD/CNY reference rate at 7.2727.

The PBOC sets a daily yuan midpoint, allowing a +/- 2% trading band, with interventions to manage volatility.

A spokesperson from China’s NPC expressed readiness to address US concerns via dialogue and consultation.

China urges dialogue, rejects threats, and seeks fair trade while reaffirming sovereignty and mutual respect amid tariffs.

The CEO of Goldman Sachs, Solomon, believes a 2025 US recession is unlikely but possible.

David Solomon believes a U.S. recession by 2025 is unlikely but possible, highlighting fiscal spending’s economic impact.

Vàng Tăng Giá Khi Sự Bất Ổn Thương Mại Vẫn Tiếp Diễn

Giá vàng XAUUSD tăng lên $2,888 giữa lo ngại về chiến tranh thương mại và nguy cơ lạm phát. Tuy nhiên, đồng USD mạnh đang kìm hãm đà tăng này. Theo dõi sự biến động! – vnvtglobal.com

Amid trade and geopolitical concerns, investors drive gold prices up over 1% as the dollar weakens.

Gold prices rebounded over 1% as geopolitical tensions and falling Treasury yields boosted safe-haven demand.

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