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Home > Latest

French President's Diplomatic Advisor Bonne will visit China for China-France strategic dialogue.

date
08/10/2026
Foreign Ministry Spokesperson announces: French President's Diplomatic Advisor Emmanuel Bonne will visit China from October 9 to 13 and hold a new round of China-France strategic dialogue with Wang Yi, Member of the Political Bureau of the CPC Central Committee and Director of the Office of the Central Commission for Foreign Affairs.
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ING analyst Chris Turner said the minutes of the Fed's September meeting showed that the Fed still expects to raise interest rates again this year, so the dollar continues to receive support. The money market has now priced in a 25 basis point rate hike in December and expects further tightening in 2027. ING believes the market's rate hike expectations are too aggressive, but a significant correction is unlikely in the short term. In addition, the U.S. 10-year Treasury auction last night performed strongly, with both the bid-to-cover ratio and indirect bidding demand high, indicating that as long as yields are high enough, there is still strong demand for U.S. Treasuries. This gives the dollar good support and further strengthens it amid a slightly difficult investment environment. High U.S. Treasury yields and rising market volatility have led to outflows from carry trades, and most Latin American currencies have therefore been significantly hit. Considering the recent situation in Europe, we expect the dollar to remain on an upward trend in the coming months.
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