The post Weighing new policy tools as economic and trade order is under severe impact appeared on BitcoinEthereumNews.com.

China’s Premier Li Qiang spoke in a symposium with Chinese firms in Jakarta over the weekend, with the key comments noted below. “China is weighing new policy tools in the face of an international economic and trade order that is under severe impact.” “The fragmentation of industrial and supply chains has deepened, and trade barriers have increased, which has had a great impact on the economic development of all countries.” “China is studying new policy tools, including some “unconventional measures”, which will be launched as the situation changes.” “China will continue strengthening economic cooperation with more countries.” Market reaction At the timing, AUD/USD is up 0.38% on the day at 0.6520. Australian Dollar FAQs One of the most significant factors for the Australian Dollar (AUD) is the level of interest rates set by the Reserve Bank of Australia (RBA). Because Australia is a resource-rich country another key driver is the price of its biggest export, Iron Ore. The health of the Chinese economy, its largest trading partner, is a factor, as well as inflation in Australia, its growth rate and Trade Balance. Market sentiment – whether investors are taking on more risky assets (risk-on) or seeking safe-havens (risk-off) – is also a factor, with risk-on positive for AUD. The Reserve Bank of Australia (RBA) influences the Australian Dollar (AUD) by setting the level of interest rates that Australian banks can lend to each other. This influences the level of interest rates in the economy as a whole. The main goal of the RBA is to maintain a stable inflation rate of 2-3% by adjusting interest rates up or down. Relatively high interest rates compared to other major central banks support the AUD, and the opposite for relatively low. The RBA can also use quantitative easing and tightening to influence credit…

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Filed under: News - @ May 26, 2025 4:24 am