China's December rare earth magnet exports -3.2% M/M
China's December rare earth magnet exports fell by 3.2% month-over-month, indicating potential weaknesses in global demand or supply chain disruptions.
Japan's DPP Chief Tamaki says there is no need for sales tax if real wage growth is achieved and is closely watching the situation now
Japan's Economy Minister Kiuchi says we will consider the impact of food sales tax cuts on yields and FX
China's December rare earth magnet exports -3.2% M/M
Taiwan's Vice President says we will balance the trade deficit between Taiwan and the US
PBoC injects CNY 324bln via 7-day reverse repos with the rate maintained at 1.40%
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- Rare earth export to Japan -8% M/M.
- Rare earth export to the US -3% M/M.
The significant decline in exports to key markets like Japan and the US suggests possible risks for industries reliant on these materials, potentially impacting prices and investment in related sectors. Traders should watch for ripple effects in commodity markets and manufacturing sectors that depend on rare earth elements.
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