China’s Commerce Ministry lifts anti-dumping, anti-subsidy tariff on Australia imported barley from Aug 5

Market news

4 August 2023

China’s Commerce Ministry lifts anti-dumping, anti-subsidy tariff on Australia imported barley from Aug 5

In a piece of welcome news, China’s Commerce Ministry announced on Friday that the country will lift the anti-dumping and anti-subsidy tariff on barley imports from Australia, effective August 5.

No further details are provided about the same.

Market reaction

AUD/USD receives a fresh boost from the above headlines, now regaining the upside traction toward 0.6600. The pair is trading at 0.6575, up 0.37% so far.

Gold Price Forecast: XAU/USD bears stay hopeful below $1,955 – Confluence Detector

USD/JPY Price Analysis: Fades bounce off key support zone surrounding 142.00 as US NFP looms

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.