China wraps up massive two-day military ‘punishment’ drills surrounding Taiwan designed to intimidate its new president

CHINA: ‘DRILLS SERVE AS A STRONG PUNISHMENT’: China pulled out all the stops today as it concluded two days of military drills that looked to all the world like a dress rehearsal for an invasion or blockade of Taiwan as Beijing continues to vow to bring what it considers a renegade province under Chinese rule […]
AUD/USD rises to two-day high ahead of Aussie CPI – FXStreet

The AUD/USD pair extended its gains following the disappointing US S&P global PMI, suggesting the possibility of Fed easing. The U.S. dollar has weakened as U.S. Treasury yields have fallen and stock markets have reacted positively to a possible change in Fed policy. Upcoming Australian CPI data may influence the Reserve Bank of Australia’s policy […]