Markets are on edge ahead of Trump’s Fed chair announcement, with Kevin Warsh emerging as the frontrunner and betting odds shifting sharply in his favour. …
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Earlier: US Treasury says yuan undervalued, urges China to allow appreciation — The People’s Bank of China is due to set the daily USD/CNY reference …
More data from Japan (below). I’ll have more to come on this separately. Earlier: Tokyo inflation cools in January, reducing BoJ rate hike urgency. Weight …
Softer January Tokyo inflation data eases pressure on the BoJ to hike rates again soon, despite a still-tight labour market. Summary: Tokyo inflation slowed across …
Trump threatened to decertify Canadian aircraft and impose a 50% tariff, accusing Canada of unfairly blocking certification of Gulfstream business jets. Summary: President Donald Trump …
Tokyo area CPI data for January 2026. I’ll have more to come on this separately. For now, though, the dip back in headline and core …
Summary: The US Treasury said the Chinese yuan is “substantially undervalued” and called for a timely, orderly appreciation. Treasury again stopped short of naming any …