Tag: International trade
Dedollarisation: Transitioning to a Multipolar World Economy
In the first half of 2024, there has been a noticeable increase in the momentum of dedollarisation in the global financial landscape. This movement...
Eurozone PMI Data Causes EUR/USD Drop Below 1.0700
EUR/USD faced a significant drop to 1.0670 as a result of the weak preliminary Eurozone PMI data for June and the strong performance of...
Achieving Stable FX Levels in Japan: Benefits and Strategies
Japan's Chief Cabinet Secretary, Yoshimasa Hayashi, recently emphasized the importance of achieving stable foreign exchange (FX) levels in the country. According to Hayashi, having...
Canada: America’s NAFTA Rival
America and Canada share a significant trade relationship. President Donald Trump recently met with Canada's Prime Minister Justin Trudeau for the first time. During...
Mexican Peso Strengthens Following Positive Economic Data
The Mexican Peso has been trading in a tight range on Tuesday as it bounces back from the sell-off that occurred after the elections....
Mexico’s Plan to Impact American Corn Farmers
Mexico is considering making a significant change that could have a big impact on American corn farmers. Mexican senator Armando Rios Piter, who leads...
Understanding the Surge in Ocean Freight Container Shipping Rates
Ocean freight container spot rates have seen a significant increase on major trade routes since the beginning of May, leading to speculation that the...
ZhejiangPictorial | China’s Yiwu sees surges in orders as Paris 2024 approaches
ZhejiangPictorial | China's Yiwu Experiences Surge in Orders Ahead of Paris 2024 OlympicsYiwu, a renowned small commodities manufacturing hub located in east China's Zhejiang...