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Sources: US gives China draft proposal for tougher North Korea sanctions - RTRS

Reuters quoted a Western diplomat, who did not want to be identified, as saying that the US has given China a draft resolution for tougher UN sanctions on North Korea and hopes for a quick vote on it by the UN Security Council.

The diplomat noted: “We’re trying to get another one. They’re not there yet.”

Among the sanctions the US wants is a tightening of restrictions on North Korea’s supply of refined petroleum, which is capped by previous U.N. sanctions at 2 million barrels a year.

AUD/USD - Yield spread rises in AUD-positive manner

Despite the US tax reform optimism and the resulting rise in the Treasury yields, the AUD/USD pair is trading above the 50-day MA of 0.7659. The resi
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CASS: China’s GDP seen at 6.7% in 2018

The Chinese Academy of Social Sciences (CASS), an academic research organization that operates under China’s Cabinet, said in a report today that the
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