Previous close | 6.7070 |
Open | 6.7070 |
Bid | 6.7030 |
Day's range | 6.6945 - 6.7130 |
52-week range | 6.2992 - 6.8106 |
Ask | 6.7040 |
Derek Scissors, AEI Scholar, member of the US-China Economic and Security Review Commission and the chief economist of the China Beige Book, sits down with Yahoo Finance Live to talk about how the Biden administration is considering ending Trump-era tariffs on China, in addition to inflation and rising food prices.
A busy economic calendar, central bank policy decisions and chatter, and news updates on the war in Ukraine will be the key drivers in the week ahead.
Chinese President Xi Jinping called for an “all-out” effort this week to boost the world’s second-largest economy through infrastructure investments, signaling growing internal concerns about China’s growth prospects.