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China's Liu He: Pressures on economy 'normal' - Xinhua

Presures faced by China's economy are normal, Vice Premier Liu He said on Friday, according to Xinhua New Agency. 

Liu He added further that China will expand opening up of its economy. 

The world's second-largest economy has announced plans to etablish six new pilot free-trade zones and expansion of Shanghai free-trade zone as part of opening up its economy. 

 

 

EUR/USD technical analysis: 50-HMA holds the key to 1.1236/31 support-area

Having failed to clear 1.1287/94 resistance-area, the EUR/USD pair drops to 50-hour moving average (HMA) as it takes the rounds to 1.1250 during early Friday.
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USD/CNH: Modestly flat above 50-D EMA ahead of China trade balance data

With the Fedspeak weighing over the US Dollar (USD) and uncertainty surrounding the US-China trade deal keeps growing, USD/CNH await Chinese trade data.
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