China hails Carney visit as symbolic as Canada seeks to steady relations.China and Canada struck a conciliatory tone on bilateral relations as China's foreign minister described Prime Minister Mark Carney's visit as having “pivotal” and “symbolic” significance, signalling a potential reset after several years of strained ties.
Oil and Natural Gas Analysis: Geopolitical Fears Fade as Prices Revert Lower.Oil prices surged on fears of Iranian supply disruptions but reversed sharply after President Trump eased geopolitical concerns, while rising U.S. inventories and renewed Venezuelan exports added downside pressure.
Yen steadies as traders gird for election, intervention fears lurk.The yen held onto overnight gains on Thursday but was pinned near 18-month lows as traders remained wary of intervention after strong warnings ahead of an election in Japan that could usher in more fiscal stimulus and keep the currency constrained.