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The news is here ICYMI:
Trump's tariff team studying gradual hikes of 2 to 5% per month
Bloomberg with the info, citing unnamed 'people familiar':
Members of Donald Trump’s incoming economic team are discussing slowly ramping up tariffs month by month, a gradual approach aimed at boosting...
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Japanese markets reopen today after a holiday on Monday.
Nothing on the data calendar is likely to move major FX around too much. Nevertheless, given the approach of the next Bank of Japan meeting (January 23 and 24) and the chatter of a rate hike (BOJ reportedly still mulling over January...
Mixed ending for the major indices. Nasdaq lower but other indices close higher
Gold consolidates gains as buyers and sellers wait for the next break
Crude oil futures settle at $78.82
Fitch estimates for economic losses related to California fires range from $150B to $275B
ECB Vileroy: French...
Bloomberg with the info on a plan to gradually raise tariffs by 2 to 5% a month
more to come
This article was written by Eamonn Sheridan at www.forexlive.com.