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China’s Commerce Ministry: Will roll out targeted measures to help exporters this year

Reuters reports the latest comments by the Chinese Commerce Ministry, as it underscores the concerns over faltering foreign trade.

The Ministry stated that the drop in December trade is due to weak global demand and waning frontloading.

However, it added that China will closely keep an eye on the trend in foreign trade while rolling out targeted measures to help exporters this year.

Eurozone inflation amongst market movers today – Danske Bank

Analysts at Danske Bank suggest that today, the final euro area inflation figures for December are due out and is going to be the key economic release
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USD/JPY retreats from two-week tops, farther below 109.00 handle

   •  Weaker risk sentiment underpins JPY’s safe-haven demand and exerts pressure.    •  A modest USD uptick offset by weaker US bond yields and fail
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