ASEAN signs RCEP agreement
The ten ASEAN countries, plus 15 countries including China, Japan, South Korea, Australia and New Zealand, signed a free trade agreement on the past Sunday (15th). This agreement is named “Regional Comprehensive Economic Partnership Agreement” (RCEP). This agreement was led by the ten ASEAN countries, and neither the United States nor India participated. It is understood that this is the world’s largest free trade agreement. The economies of the countries covered together account for 30% of the global GDP and 28% of the global trade. The market estimates that coupled with electronic renminbi and blockchain technology, the agreement will help further accelerate the pace of renminbi internationalization.
Z. com Bullion is an affiliate of GMO Financial Holdings, Inc., a Japanese listed group. The risk of loss in leveraged foreign exchange trading & margin trading can be substantial. Visit the company website to read full risk warning. https://bullion.z.com/en/about/legal/risk/
Service relating to Over-the-counter (OTC) Gold Bullion/Silver trading is provided by MOL. OTC Gold/Silver Bullion trading carries a high degree of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. OTC Gold/Silver Bullion is not regulated by the Securities and Futures Commission (""SFC"") and therefore trading OTC Gold/Silver Bullion will not be subject to rules or regulations promulgated by the SFC. Before deciding to trade OTC Gold/Silver Bullion you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain losses in excess of your deposited fund or even more in extreme circumstances and therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading OTC Gold/Silver Bullion, and seek advice from an independent financial advisor if you require.