The G7 finance chiefs expressed their skepticism towards Facebook’s attempt to issue a digital currency, as they consider that several regulatory problems should be solved before it could be launched.
According to a Japanese official, Japan is working hard on reaching an agreement with the United States, and that he expects to provide news about it in the future.
Spot silver hit its highest level recorded in four months against the U.S. Dollar yesterday, reaching a rate as high as $16.10 per ounce during the Tokyo session.
The European Central Bank board member Benoit Coeure said on Wednesday that the bank is ready to do what is necessary to keep the inflation levels near but below the 2% target.
The United Kingdom salaries rose according to recently published data by the Office for National Statistics, reaching its fastest growth pace in more than a decade.
Following the United States President statements yesterday, the Chinese claim that is misleading to claim that China needs to reach a deal with the U.S. because of their slowing down the economy, adding that the Chinese economic growth was “not bad”.
Aside from the release of relatively weak, although entirely predictable Chinese GDP data which appeared to have little to no impact upon markets, today is currently dominated by strength in the antipodean currencies, particularly the New Zealand Dollar.