Chinese Yuan Hits 32-Month High at 6.96 per Dollar Backed by Strong Central Bank Fixing
Yuan hits 32-month high at 6.96/USD after strong central bank fixing, despite slower GDP growth and weak domestic demand.
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Yuan hits 32-month high at 6.96/USD after strong central bank fixing, despite slower GDP growth and weak domestic demand.
Japan's 10-year bond yield hit 2.24%, highest since 1999, on tighter policy bets and fiscal expansion, signaling rising market volatility.
US natural gas futures rebound on late January cold snap forecasts, raising demand and grid alerts, but gains are capped by strong supply.
Software stocks slump as AI tools like Anthropic's Claude Cowork raise fears of SaaS disruption, while chip stocks outperform on strong AI demand.
Elon Musk sues OpenAI and Microsoft, demanding up to $134B over alleged profit shift, with trial set for April 2026.
Turkey's 2025 exports hit a record $273.4B, driven by Europe and high-tech sectors, with tech exports up 10.8% and trade deficit at $7.8B.
Iraq's oil exports hit 3.6M barrels/day in 2026, aided by Kurdistan flows and financial settlements, with focus on market stability.
EU and Mercosur signed a €111B free trade deal after 25 years, cutting tariffs and boosting trade, pending ratification amid key challenges.
Google appeals US antitrust ruling, seeks to delay changes; court review expected this year, regulatory measures remain mild.
US may impose 100% tariffs on Korean, Taiwanese chips unless firms build US plants, pressuring Asian giants to invest in American production.
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