Taiwan's Vice President says we will balance the trade deficit between Taiwan and the US
Taiwan's Vice President's emphasis on balancing the trade deficit with the US signals a commitment to strengthening economic ties and potentially reducing trade tensions.
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%
PBoC sets USD/CNY mid-point at 7.0006 vs exp. 6.9576 (prev. 7.0064)
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This could bolster market confidence in Taiwanese assets and mitigate concerns over trade risks, as improved relations may lead to greater investment flows between the two countries.
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