11 May 2026
Chinese stocks hit 11-year highs and the yuan reaches a three-year peak against the dollar ahead of a Trump-Xi summit later this week, with above-forecast export growth and China's highest producer price inflation in more than three years potentially strengthening Beijing's hand at the table.
Oil climbs back above $104 a barrel after Trump called Iran's response to U.S. peace proposals "totally unacceptable." Today’s recommended read: https://www.reuters.com/commentary/ho...
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