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Japan’s Aso: Situation between the US and China seems a little different this time

Japanese Finance Minister Taro Aso told reported on Friday that the situation between the US and China seems a little different this time.

Aso added that the US and China are talking about fundamental issues.

His comments sound not so upbeat on the trade talks and cast doubt over a potential trade deal between the US and China.

The Yen is unfazed by the comments, with USD/JPY keeping its recovery mode intact near 107.50 levels.

EUR/GBP retakes the 0.8900 handle and above

The softer tone in the Sterling in combination with the continuation of the buying bias in the shared currency has motivated EUR/GBP to regain the key
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Eurozone: Modest relief in PMI – Nordea Markets

Anders Svendsen, analyst at Nordea Markets, notes that the Euro-area PMIs rose slightly in June from low levels, driven by a substantial improvement i
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