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27 Jun 2017

US Comm Dept.: Canadian softwood will face duties up to 30.88%

The US Commerce Department came out with a statement earlier today, via Reuters, announcing duties on the softwood lumber exports from Canada.

Key Points:

Canadian softwood will face duties up to 30.88%

This is due to finding of dumping and prior finding of subsidies

A final ruling will come on September 7th

Jun 27, 2017

PBOC sets the Yuan reference rate at 6.8292

People's Bank of China (PBOC) set the Yuan reference rate at 6.8292 vs. Monday's fix of 6.8220. The central bank has decided to skip the Open Market
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Jun 27, 2017

Nikkei approaching two-year highs as Yen weakens

The Japanese stock markets remain well bid on the back of Yen weakness with the benchmark index eyeing fresh two-year highs above 20,318 levels.  The
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