News
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US Treasury says Chinese Yuan undervalued, calling on China to allow its rate to strengthen
The US Treasury stated that the Chinese Yuan is “substantially undervalued” and called on China to allow its exchange rate to strengthen in a timely and orderly way, Bloomberg reported on Thursday.
Fxstreet
Fri, Jan 30
US President Donald Trump threatens 50% aircraft tariff on Canada over jet certification fight
US President Donald Trump on Thursday threatened to impose a 50% tariff on all aircraft sold from Canada into the United States (US), accusing Canada of unfairly blocking certification of Gulfstream business jets.Fxstreet
Thu, Jan 29
Japan December factory output falls 0.1% month-on-month
TOKYO, Jan 30 (Reuters) - Japan's factory output edged down 0.1% in December from the previous month, better than the median market forecast for a 0.4% dip, government data showed on Friday.Manufacturers surveyed by the Ministry of Economy, Trade and Industry expect seasonally adjusted output to...Reuters
Thu, Jan 29
Saks Global to shutter majority of its off-price retail locations amid bankruptcy proceedings
Jan 29 (Reuters) - Saks Global said on Thursday it will wind down 62 of its off-price operations, including its Saks OFF 5th retail locations and remaining Neiman Marcus Last Call stores, to focus on luxury retail and full-price sales amid its bankruptcy proceedings.The high-end department store con...Reuters
Thu, Jan 29
When is the Japan Tokyo CPI and how it could affect USD/JPY?
Statistics Bureau of Japan will publish its data for January on Friday at 23.30 GMT. The Tokyo CPI measures the price fluctuation of goods and services purchased by households in the Tokyo region, excluding fresh food, whose prices often fluctuate depending on the weather.Fxstreet
Thu, Jan 29
