Taiwan and the US are reportedly to sign a reciprocal trade agreement on February 13th
The upcoming reciprocal trade agreement between Taiwan and the US on February 13th suggests potential strengthening of economic ties, which could influence the USD positively against other currencies.
PBoC is expected to set USD/CNY mid-point at 6.9153 (prev. 6.9438)
[MARKET UPDATE] Asia-Pac stocks edge higher as the region reacts positively to earnings releases and the better-than-expected US jobs data, while Japan's benchmark hits a fresh record high on return from holiday
Taiwan and the US are reportedly to sign a reciprocal trade agreement on February 13th
Australia sells AUD 150mln in 2035 indexed bonds, b/c 3.97, avg. yield 2.4127%
Russia blocks Meta's (META) WhatsApp messaging service, according to FT
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This shift may also raise geopolitical tensions with China, warranting closer scrutiny of market reactions in risk assets and safe havens, especially gold. Overall, this development reflects a durable initiative that could reshape trade dynamics in the region.
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