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China Customs: There is still big room for import growth this year
An official at China Customs said on Monday that “there is still big room for China's import growth this year.” Additional headlines China's 2024 imports value at CNY18.39 trillion. China’s 2024 Yuan-denominated imports +2.3% YoY. China’s 2024 Yuan-denominated exports +7.1% YoY. China’s 2024 trade b
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USD causes problems for Chinese and Japanese FX – ING
Dollar strength is causing some problems, especially for Japan, China and many emerging markets, ING’s FX analysts note. Non-USD currencies to remain under pressure this year“USD/JPY is now close to the 158/160 area, where Japanese authorities sold $35bn in July last year. Chinese authorities contin
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EUR: Narrower rate spreads, but tariff threat dominates – ING
EUR/USD remains fragile as US rates remain relatively firm, higher US Treasury yields undermine risk conditions and US tariff threats loom large, ING FX analyst Chris Turner notes. More EUR/USD consolidation on a quieter day“EUR:USD two-year swap rate differentials are actually narrowing a little in
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NZD/USD remains tepid near 0.5600 after the release of Chinese CPI report
NZD/USD remains subdued following China’s CPI inflation data released on Thursday. China's Consumer Price Index rose by 0.1% YoY in December, against the previous 0.2% increase. The US Dollar Index maintains its position near 109.00 amid rising hawkish sentiment surrounding the Fed. NZD/USD continue
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Pull-up Update
