Japan's Suga: Will work persistently on US tariff issue

Comments from Japan's Chief Cabinet Secretary Suga are crossing the wires via Reuters:

  • Will persistently work on US tariff issue.
  • No change to Japan's stance, any trade steps should be in accordance with the World Trade Organization (WTO) rules. 

USD/JPY Technical Analysis: Drops below 110.00 on bearish RSI divergence

Hourly chart Spot rate: 109.91 Daily high: 110.22 Daily low: 109.91 Trend: Bearish Resistance R1: 110.18 (200-day moving average) R2: 110.48
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China's Commerce Ministry: Willing to increase imports from US and other countries

China does not want an escalation of trade friction with the US and is willing to increase imports from the US and other countries, the Commerce Minis
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