Japan Early Trade: Benchmark 10-Year JGB Futures Rise 0.28 Point; Nikkei Average Futures Fall 0.9%
Japan Early Trade: Benchmark 10-Year JGB Futures Rise 0.28 Point; Nikkei Average Futures Fall 0.9%
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Japan Early Trade: Benchmark 10-Year JGB Futures Rise 0.28 Point; Nikkei Average Futures Fall 0.9%
0328 GMT - The Chinese yuan is undervalued by as much as 25%, Jonas Goltermann, chief markets economist at Capital Economics says in a note. Reducing China's trade surplus to a broadly balanced position would necessarily involve the yuan's significant appreciation, he says. That said, exchange rate adjustment alone wou