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Chinese assistant foreign minister: G20 should ensure unity and cooperation

With the G20 now the main event around the corner, Chinese assistant foreign minister has been crossing the wires:

  • The global economy is facing rising risks.
  • G20 should ensure unity and cooperation.
  • We will safeguard own fundamental interests.

AUD/USD trades as a proxy to the trade war noise, benefitting on prospects of progress towards a solution. On the flipside, dwindling chances of a deal will weigh on the Aussie. 

  • AUD/USD Analysis: upside limited but short-term gains possible 

PBOC sets Yuan reference rate at 6.8503

The People's Bank of China (PBOC) has set the Yuan reference rate at 6.8503 vs Friday's fix of 6.8675.
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USD/IDR moves towards 100-day SMA ahead of Indonesia trade balance

With the monthly trade balance data on the radar, USD/IDR clings to 14,162 amid initial Asian session on Monday.
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