Germany 10-y Bond Auction up to 2.92% from previous 2.52%

Mar 12, 2025

USD/CNH: Room for another leg lower towards 7.2200 before stabilization – UOB Group

As long as any recovery in US Dollar (USD) remains below 7.2500 vs Chinese Yuan (CNH), there is room for another leg lower towards 7.2200 before stabilization can be expected.

Back and forth on tariffs – ING

President Donald Trump threatened to increase steel and aluminium tariffs on Canada to 50% in retaliation to Ontario’s move to raise taxes on electricity exports to the US, a sign of trade war escalation.