US to undermine globally-agreed bank reforms

Source: Dukascopy Bank SA
US plans to delay global reforms to make banks safer after financial crisis are likely to get an international regulatory cooperation system thrown into confusion.
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Wed, 14 Jun 2017 04:19:11 GMT

Steady Chinese macroeconomic data released

Chinese retail sales and output of factories has increased at a moderate pace in the month of May. However, investment has decreased, which strengthens the hypothesis that the Chinese economy will lose momentum.

Wed, 14 Jun 2017 02:54:08 GMT

China's retail sales unchanged at 10.7% in May

The Chinese National Bureau of Statistics reported that retail sales posted an unchanged reading of a 10.7% yearly gain in May, while analysts expected a slight decrease to 10.6%.

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