US is pressing Israel to delay Gaza invasion – report

Bloomberg reports that the US and Europe are pressing Israel to delay an invasion of Gaza because they hope to win hostage releases and proceed with negotiations. This news has led to selling in oil and a boost in risk assets. Here is the report. “US and European governments have been putting pressure on Israel

Exclusive-China asks some banks to reduce or delay dollar buying -sources By Reuters

© Reuters. U.S. Dollar and Chinese Yuan banknotes are seen in this illustration taken January 30, 2023. REUTERS/Dado Ruvic/Illustration/File photo SHANGHAI/BEIJING (Reuters) – China’s currency regulators are asking some commercial banks to reduce or postpone their purchases of U.S. dollars in order to slow the yuan’s depreciation, two people with direct knowledge of the matter