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12/05/2025
West Pacific Bank: In light of OPEC+ agreeing to increase production, crude oil prices are expected to plummet to $60 per barrel, while "Liberation Day" has caused iron ore trading prices to fall below $100 per ton.
Latest
2 m ago
Chinese Vice Premier and head of the Chinese delegation in the China-US economic and trade negotiations, He Lifeng, attended a press conference and expressed that China and the US have reached important consensus and made substantive progress in the talks.
4 m ago
Foreign exchange market this morning: The Renminbi is strengthening, while some non-U.S. currencies are significantly declining.
11 m ago
Lutnick expressed that the 10% basic tariff will continue to exist in the "foreseeable future."
15 m ago
The China-US high-level economic and trade talks were held in Geneva, Switzerland.
2 h ago
Both China and the United States will issue a joint statement.
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