U.S. industrial production falls sharply by 11.2 pct in April, likely to remain in negative territory in 2020
Australian labor market seems to be stabilizing, businesses expect to increase staff in months ahead
Renminbi Series: Yuan’s share in global payments rises in May; dollar continues dominance
Despite President Trump’s toughening stance towards foreign policies and trade relations and use of USD as a means to impose sanctions, the dollar continues to dominate the global payment system.
The dollar continues to dominate:
However, Yuan is continuing its gradual rise,