FREELAND: CANADA WON'T ESCALATE OR BACK DOWN ON US TRADE FIGHT

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

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Greenback Broadly Unchanged With US Markets Closed

EMERGING MARKETS
  • The greenback is broadly unchanged with US markets closed on Monday for MLK Day Holiday. Price action and volumes are expected to fade as the day progresses. There are no major Latin American data points.
  • BOJ May Mull YCC End as Early as January; Ex-aide
    • The Bank of Japan may consider removing yield curve control as early as January meeting but it doesn’t mean a withdrawal of easy policy, just a change of method, former BOJ executive director Kazuo Momma said at the weekend, News Socra reported. A reminder the Bank of Japan meeting/decision is this Wednesday.
  • MNI (Beijing) - China should achieve growth in line with expectations of about 5% this year, but a post-zero-Covid consumption-led rebound will be constrained by a continuing house price downturn and high youth unemployment, former World Bank Country Director in China Bert Hofman told MNI.
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