China's SAFE: Will steadily push forward for convertibility of capital account

Comments from China's State Administration of Foreign Exchange (SAFE) are crossing the wires via Reuters:

Will push for convertibility of capital account.
Fend off cross-border capital flow risks.

May 4, 2018

EUR/USD: US Non-Farm Payrolls to decide how the week ends as Euro struggles to hold 1.20

The EUR/USD is holding near the 1.20 major handle heading into Friday's European session after the pair managed to pump the brakes on its recent decli

US: Productivity growth muted in Q1 2018 – Nomura

Analysts at Nomura note that the US nonfarm productivity, real output per hour, increased 0.7% q-o-q saar in Q1 2018, while Q4 2017 was revised up to