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Australian Dollar continued its decline today as speculation mounted that China might allow Yuan to weaken in 2025 to counteract the economic impact of increased US trade tariffs under the incoming Trump administration. While no official announcement has been made, Beijing appears to ready to...
Australian Dollar continued its decline today as speculation mounted that China might allow Yuan to weaken in 2025 to counteract the economic impact of increased US trade tariffs under the incoming Trump administration. While no official announcement has been made, Beijing appears to ready to...
The data is here from earlier:
Japan November PPI +0.3% m/m (expected +0.2%) and +3.7% y/y (expected +3.4%)
Recapping the report, and adding more:
November Wholesale Inflation: Accelerated to 3.7% year-on-year, exceeding the forecast of 3.4%, marking the third consecutive month of...
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