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US President Trump: Would rather not have to use tariffs on China

US President Donald Trump said Friday that he “would rather not have to use tariffs on China.”

Trump further noted that he thinks can make a deal with China.

His comments came after he spoke to China's President Xi Jinping on Thursday.

PBOC conducts medium-term loan operations, rate unchanged

The People's Bank of China (PBOC) conducted a medium-term loan operation on Friday and left the interest rate unchanged, per Reuters.
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USD/INR posts modest gains ahead of Indian PMI release

The Indian Rupee (INR) loses ground, snapping the two-day winning streak on Friday.
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