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Chinese Foreign Ministry Comments Ahead of Xi's Trip To Europe

EMERGING MARKETS
  • Global news:
  • US/ISRAEL: President Biden spoke with Prime Minister Benjamin Netanyahu of Israel on Sunday to discuss the prospects of a possible cease-fire deal to secure the release of hostages held by Hamas, while repeating his warnings about a new Israeli assault on the city of Rafah in southern Gaza, officials said. The call was meant to pave the way for Secretary of State Antony J. Blinken, who left Washington just a few hours earlier on Sunday for his latest trip to the Middle East aimed at scaling back the war in Gaza.
  • CHINA/EU: MNI (London) - Wires reporting comments from the Chinese Foreign Ministry ahead of President Xi Jinping's upcoming trip to Europe, taking place 5-10 May. Says that the trip to France, Serbia, Hungary, and the EU institutions in Brussels "are vitally important for China's relations" with each partner, and will "provide new impetus for global peace and development".
  • JAPAN: Japan’s top currency official declined to comment on whether Tokyo had intervened in the currency market Monday following a sharp move in the market that sliced 2% off the dollar-yen exchange rate. “No comment for now,” said Masato Kanda, vice minister for international affairs, when asked by reporters if authorities had stepped into markets to prop up the yen. He later explained that information would be disclosed if any intervention at the end of May.
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  • Global news:
  • US/ISRAEL: President Biden spoke with Prime Minister Benjamin Netanyahu of Israel on Sunday to discuss the prospects of a possible cease-fire deal to secure the release of hostages held by Hamas, while repeating his warnings about a new Israeli assault on the city of Rafah in southern Gaza, officials said. The call was meant to pave the way for Secretary of State Antony J. Blinken, who left Washington just a few hours earlier on Sunday for his latest trip to the Middle East aimed at scaling back the war in Gaza.
  • CHINA/EU: MNI (London) - Wires reporting comments from the Chinese Foreign Ministry ahead of President Xi Jinping's upcoming trip to Europe, taking place 5-10 May. Says that the trip to France, Serbia, Hungary, and the EU institutions in Brussels "are vitally important for China's relations" with each partner, and will "provide new impetus for global peace and development".
  • JAPAN: Japan’s top currency official declined to comment on whether Tokyo had intervened in the currency market Monday following a sharp move in the market that sliced 2% off the dollar-yen exchange rate. “No comment for now,” said Masato Kanda, vice minister for international affairs, when asked by reporters if authorities had stepped into markets to prop up the yen. He later explained that information would be disclosed if any intervention at the end of May.