- Analytics
- News and Tools
- Market News
- US Treasury Secretary Yellen: Hopes to travel to China, wants to reestablish contact, discuss disagreements
US Treasury Secretary Yellen: Hopes to travel to China, wants to reestablish contact, discuss disagreements
“US will continue to take actions to protect national security interests with regards to China even if that imposes some economic cost,” said US Treasury Secretary Janet Yellen during her interview with MSNBC early Thursday morning in Asia.
Additional comments
US will address supply chain risks, in areas such as electric vehicles, minerals and solar panels.
Inflation now down to about 5%, but ‘remains too high’.
Treasury monitoring commercial real estate sector very closely.
Expects some losses to banks from changes in commercial real estate.
Market reaction
The news offers an additional reason for the AUD/USD pair to decline further, down 0.03% intraday as bears attack the 0.6600 mark after falling the most on a day since March.
Also read: AUD/USD sellers keep the reins at three-week low near 0.6600 ahead of Australia Retail Sales
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
