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"Calm Returns", Futures Rebound As Yields Drop After Historic Pounding

"Calm Returns", Futures Rebound As Yields Drop After Historic Pounding
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Xi's Davos speech pivotal to multilateral cooperation


Xi s Davos speech pivotal to multilateral cooperation
1
2021-01-27 10:47:09Xinhua
Editor : Mo Hong e
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Chinese President Xi Jinping attends the World Economic Forum (WEF) Virtual Event of the Davos Agenda and delivers a special address via video link in Beijing, capital of China, Jan. 25, 2021. (Xinhua/Li Xueren)
Chinese President Xi Jinping s new Davos speech was pivotal to boosting multilateral cooperation, leaders of international organizations, business executives and economists have said, stressing China s role as a growth engine in supporting global economic recovery.
Addressing the World Economic Forum (WEF) Virtual Event of the Davos Agenda on Monday, Xi called on the world to abandon ideological prejudice and jointly follow a path of peaceful coexistence, mutual benefit and win-win cooperation. ....

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World Insights: Xi's Davos speech pivotal to multilateral cooperation_GMW.cn


2021-01-27 10:27   By: Xinhua
 
Chinese President Xi Jinping attends the World Economic Forum (WEF) Virtual Event of the Davos Agenda and delivers a special address via video link in Beijing, capital of China, Jan. 25, 2021. (Xinhua/Li Xueren)
No global problem can be solved by any one country alone, and there must be global action, global response and global cooperation, Chinese President Xi Jinping said.
GENEVA, Jan. 26 (Xinhua) Chinese President Xi Jinping s new Davos speech was pivotal to boosting multilateral cooperation, leaders of international organizations, business executives and economists have said, stressing China s role as a growth engine in supporting global economic recovery. ....

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GLOBAL MARKETS-U.S. Treasury yields fall, dollar firms on stimulus delay worries


Italian PM Conte to resign
Asian shares sell off
Fed meets on Tuesday-Wednesday, no fireworks expected
LONDON/SINGAPORE, Jan 26 (Reuters) - U.S. Treasury yields fell to three-week lows while stock markets were mixed on Tuesday as concerns about potential roadblocks to new U.S. President Joe Biden’s planned $1.9 trillion stimulus weighed on investor sentiment.
Mounting coronavirus cases and caution ahead of the U.S. Federal Reserve’s policy meeting this week also dulled appetites for risk, lending support to the dollar against a basket of currencies. Oil prices edged down.
The yield on Germany’s 10-year government bond, seen as Europe’s safest asset, dropped to a two-week low amid a fresh bout of political turmoil in Italy. ....

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