China’s annual parliament meeting opens on Thursday, with Beijing expected to unveil ambitions to upgrade its industrial base, close the technology gap with the U.S. and renew its pledge to shore up consumer demand.
A gauge of dollar-funding stress eased on Wednesday amid rising hopes that the Middle East conflict may prove shorter lived than initially feared, a day after its sharpest move in six months following U.S. strikes on Iran.
Russia could halt gas supplies to Europe right now amid a spike in energy prices triggered by the Iran crisis, President Vladimir Putin warned on Wednesday, linking the possible decision to the European Union wanting to ban purchases of Russian gas and liquefied natural gas.