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China’s K-Shaped Economic Divide Is Extending to Another Quarter bloomberg.com
Chinese consumption probably expanded far slower than the pace of industry in April, as trade remained a notable bright spot despite the global reverberations from the Iran war. Source: bloomberg.com
After Trump’s pledge to ‘open up’ China, low expectations for summit deal aljazeera.com
Washington and Beijing expected to extend trade truce, but analysts see only modest breakthrough in strained ties. Source: aljazeera.com
World Bank forecasts Vietnam 2026 economic growth to slow to 6.8% reuters.com
Vietnam’s economic growth is expected to slow to 6.8% this year from an expansion of 8% last year, the World Bank said on Friday. Source: reuters.com
EURUSD Price Breaks Our Target – Analysis economies.com
The EURUSD extended its strong losses in recent intraday trading after breaking below the 1.1675 support level, which we had previously identified as a target in earlier analyses. This reflects growing selling pressure and continues weak technical performance in the short term.
EUR/USD Price Forecast: Near-term bias turns negative on breakdown below 1.1655 fxstreet.com
The EUR/USD pair extends its losing streak for the fourth trading day on Friday, trading 0.15% lower to near 1.1653 during the Asian trading session.
Gold Forecast: XAU/USD sellers refuse to give up ahead of more Trump-Xi talks fxstreet.com
Gold has broken its consolidation phase to the downside in Asian trade on Friday, challenging one-week lows near $4,600 on its way to book a weekly loss.
USDJPY Extends Its Gains – Analysis economies.com
The (USDJPY) continued to rise during recent intraday trading after breaching the key resistance level at 157.90. The pair remains supported by trading along a short-term corrective bullish trend line, while continued movement above EMA50 maintains positive pressure and strengthens the chances of extending gains in the near term.