As expected, the Federal Reserve left interest rates unchanged at the previous level of 1.75%, thus pointing to the fact that inflation is close to target. The US dollar continued to strengthen, reaching session highs.
The United States is beginning trade negotiations with China today. China has said that during the talks with the representatives of the United States it will stick to its own course of action and will not go to pre-assignment. Despite tensions in trade negotiations of the two largest economies in the world, the global economy indicates a stabilization on the financial markets.
It was also announced that in April 2019 Bloomberg will incorporate Chinese bonds into its global index, which will significantly increase the flow of assets and China will strongly integrate into the world economic system and, accordingly, will make Chinese markets more open.
Data released yesterday in the United States on oil stocks helped the price of energy remain virtually unchanged. For the last day the prices have continued to retreat from recent highs.
