Fx Primus Rebates

US March import price index MoM 0.0% vs. 0.1% expected

US March import/export price index data (April 12, 2018) The USD has move a little higher off the data. The Bureau of Labor Statistics reports: “Import prices recorded no change in March following rises of 0.3 percent in February and 0.8 percent in January. The index has not declined on a monthly basis since decreasing…

Fx Primus Rebates

BlackRock doesn’t see China weakening the yuan

BlackRock CIO for FX, Rick Rieder, comments in an interview with Bloomberg TV It’s starting to be a growing consensus over the last few days that China will not move to devalue the yuan in a trade spat against the US. But equally – if not more – as unlikely will be them deciding to…