Spot gold prices rose 0. 6% to $3368.39 per ounce, while US gold futures rose 0.5% to $3376. This occurred amid a weakening dollar and expectations regarding trade talks and the Fed meeting.
US President Donald Trump may meet with Chinese leader Xi Jinping on the sidelines of the APEC event in South Korea. This comes amid attempts by Washington and Beijing to negotiate an end to the tariff war.
The Commander-in-Chief of NATO's European forces, Alexus Hrynkevych, stated that the US and the EU have 18 months to prepare for a possible large-scale military conflict with China and Russia. There is a risk of coordinated aggression, which could lead to a simultaneous attack on Taiwan and NATO countries.
China is considering inviting Donald Trump to the September parade commemorating the end of World War II. Vladimir Putin has also confirmed his presence.
China's Ministry of State Security accused foreign intelligence services of fraudulently exporting strategically important rare earth metals. Attempts to smuggle them through postal shipments and disguise the materials in other goods have been detected.
Head of the Presidential Office Andriy Yermak stated that China is deepening its support for Russia by sending mercenaries to Ukraine, some of whom have already been captured. He called on Chinese leader Xi Jinping to meet with Ukrainian President Volodymyr Zelenskyy.
Japan recognized China's military cooperation with Russia as a serious security threat that could change the Indo-Pacific region. Beijing criticized the report, calling it an "incorrect perception of China."
Chinese leader Xi Jinping pledged to strengthen support for Russia in multilateral forums after meeting with the Russian Foreign Minister. This happened after US threats to impose tariffs on Moscow's trading partners.
China's coal imports in June 2024 reached their lowest level since February 2023, falling by 11% in the first half of the year. This is due to weak demand caused by the shrinking real estate market and a slowdown in heavy industry.
Donald Trump, at a closed-door donor event in 2024, stated that he threatened Vladimir Putin to "bomb Moscow" if he invaded Ukraine. He allegedly made a similar warning to Chinese leader Xi Jinping regarding Beijing.
German Chancellor Friedrich Merz plans his first visit to China to ease relations after prolonged tension. The trip, expected in October, has symbolic significance for maintaining bilateral relations and restoring contacts.
Putin did not attend the BRICS summit in Brazil due to the ICC warrant, and Xi Jinping did not visit the event. Andriy Kovalenko stated that BRICS did not become an anti-Western axis, and Russia is a ballast in this coalition.
BRICS summit leaders condemned "attacks" on bridges and railway infrastructure in the Bryansk, Kursk, and Voronezh regions of the Russian Federation, which allegedly led to numerous casualties. The declaration does not name the perpetrators, and regarding the war in Ukraine, it emphasizes a peaceful settlement.
Vladimir Putin and Xi Jinping will not attend the BRICS summit in Brazil on July 6, indicating a loss of interest in the organization. Putin has an arrest warrant from the ICC, and Xi Jinping allegedly has a "scheduling conflict."
NATO Secretary General Mark Rutte stated that China could ask Russia to start hostilities in Europe to distract the West in the event of an attack on Taiwan. He emphasized the need to deter Russia and China by strengthening NATO and cooperating with the Indo-Pacific region.
The BRICS summit on July 6-7 in Rio de Janeiro will discuss the settlement of the situation in Ukraine. Russian President Putin and Chinese leader Xi Jinping will not participate in the event.
US President Donald Trump announced the start of negotiations with China on a possible deal regarding TikTok. He noted that the US has "largely" concluded an agreement on the sale of the application.
Donald Trump said he has found a group of "very wealthy people" who are ready to buy TikTok. He awaits approval from China and President Xi Jinping, and will reveal names in about two weeks.
India's Defense Minister called on China to intensify work on demarcating the Himalayan section of the border. This is the first such public call from a high-ranking Indian official since 2014, amidst the ongoing border conflict.
U. S. Treasury Secretary Scott Bessent has extended extraordinary measures to avoid exceeding the statutory debt limit. The Treasury will no longer be able to meet all of its obligations without congressional action to raise or suspend the debt limit by mid-to-late summer.
Kazakhstan pursues a multi-vector policy, deepening ties with China and Russia, but maintaining partnership with the EU. Despite this, Europe lost a nuclear contract to Russia and China, which may weaken its position in the region.
European officials are trying to bring Iran back to the negotiating table, and the United States is considering its decision on the conflict within two weeks. The situation remains dangerous, but there is a window for a diplomatic solution.
Russian President Putin and PRC leader Xi Jinping will meet on September 2 in Beijing. The next day, both leaders will take part in celebrations marking the 80th anniversary of the victory over Japan.
The Chinese leader called on the parties to de-escalate and expressed China's readiness to help restore peace in the Middle East. China has begun evacuating its citizens from Israel and Iran.
Chinese President Xi Jinping has arrived in Astana to attend the second China-Central Asia Summit. The summit is expected to put the six countries on the path to a closer community.
The White House announced that the United States and China have reached an agreement on rare earth elements, which must be approved by Xi Jinping and Donald Trump. At the same time, the American president is reviewing certain details of the agreement, his spokeswoman said.
Donald Trump announced the conclusion of a trade agreement with China, subject to approval by the leaders of both countries. The US will receive 55% of duties, China – 10%, relations between the countries will improve.
The US and China have reached a preliminary agreement to restore the flow of goods between the countries. The leaders of the countries must approve the proposals, after which the countries will proceed to their implementation.
The US and China are planning talks in London on June 9 regarding the export of rare earth minerals. Trump said China would resume supplying minerals and magnets to the US.
The President of China has agreed to allow the supply of rare earth minerals and magnets to the United States. This may reduce tensions in trade relations between the countries.