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Top Stories

China’s Xi says Beijing wants trade deal, can ‘fight back’

AP - 04:01AM CST

BEIJING (AP) — Chinese President Xi Jinping said Friday that Beijing wants to work for a trade deal with the United States but is not afraid to “fight back” to protect its own interests.

Echoing the upbeat tone adopted by other Chinese officials in recent days, Xi told a visiting U.S. business delegation that China holds a “positive attitude” toward the trade talks.

“As we always said we don’t want to start the trade war, but we are not afraid,” Xi said. “When necessary we will fight back... (full story)


US calls for Iran crackdown videos, internet slowly

AP - 02:43AM CST
DUBAI, United Arab Emirates (AP) — Iranian authorities slowly eased up their sweeping blockage of internet access on Friday, as U.S. Secretary of State Mike Pompeo called for Iranians to send the U.S. videos “documenti... (full story)

Asian shares mostly higher despite US-China trade

AP - 12:55AM CST
BEIJING (AP) — Stocks logged modest gains Friday in Asia after a lackluster overnight session on Wall Street ended with the market’s third straight drop. (full story)

China raises estimate of economy’s size

AP - Thu Nov 21, 11:44PM CST
BEIJING (AP) — China’s economy was 2.1% bigger than earlier estimated, the government said Friday, revising the gross domestic product for 2018 to 91.93 trillion yuan ($13.1 trillion) based on results of a census. (full story)

Japan court allows Nissan ex-chair Ghosn to talk with

AP - Thu Nov 21, 07:13PM CST
TOKYO (AP) — Nissan’s former Chairman Carlos Ghosn is being allowed to talk to his wife after an eight-month ban on such contact while he awaits trial on financial misconduct charges. (full story)
NSANY: 12.2300 (-0.0800)

WeWork cuts nearly 20% of workforce in restructuring

AP - Thu Nov 21, 04:49PM CST
NEW YORK (AP) — WeWork is slashing nearly 20% of its workforce, embarking on a painful restructuring of its money-losing operation that doomed its stock market debut and left the office-sharing company on the brink of bankru... (full story)

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Market Commentary

AUDUSD Still Expecting Lower Prices - Elliott Wave analysis
IF Fri Nov 22, 03:40AM CST
AUD remains under pressure as USDCHN keeps moving away from the low while HSI seems under pressure. (full story)
FOMC Minutes Reveal an Important Shift That's Key for Gold,...
IF Thu Nov 21, 11:32PM CST
Yesterday, the Fed released minutes from its last meeting . They show an important shift among the meeting participants. In September, the FOMC turned more worried about the state of the U.S. economy, while just six wee... (full story)