Market News
China's yuan slips to 2-year low versus peers after Trump-Xi call leaves issues unresolved - REUTERS
Summary
- Trump and Xi hold call but leave key issues unresolved
- Investors remain skeptical of a Sino-US trade deal, analyst says
- Yuan eases as sentiment fails to be lifted, trader says
- Yuan's value against its trading partners falls to a near 2-year low
- Market attention switches to key economic data releases next week
SHANGHAI, June 6 (Reuters) - China's yuan slipped against the dollar while falling to a near two-year low versus its major trading partners on Friday, as U.S. President Donald Trump and Chinese leader Xi Jinping held a much-anticipated call but left key issues that have stoked tensions between the world's two largest economies unresolved.
During the more than one-hour-long call, Xi told Trump to back down from trade measures that have roiled the global economy and warned him against threatening steps on Taiwan, according to a Chinese government summary.
