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Brazilian Vice President Alckmin: US tariffs are unfair and unreasonable. The US has a trade surplus with Brazil. Brazil imposes a medium tariff of 3.1% on US goods, and 75% of US goods exported to Brazil are subject to zero tariffs. The US's claims

2026-07-17

Brazilian Vice President Alckmin: US tariffs are unfair and unreasonable. The US has a trade surplus with Brazil. Brazil imposes a medium tariff of 3.1% on US goods, and 75% of US goods exported to Brazil are subject to zero tariffs. The US's claims in the Section 301 investigation lack factual basis.

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2026-07-16

[July 16, 2026 Interbank Foreign Exchange Market Central Parity Rate of RMB] USD/CNY: 6.7909, down 1 point (RMB appreciation); EUR/CNY: 7.7690, up 199 points; HKD/CNY: 0.8663, down 1.7 points; GBP/CNY: 9.1703, up 864 points; AUD/CNY: 4.7446, up 140 p

[July 16, 2026 Interbank Foreign Exchange Market Central Parity Rate of RMB] USD/CNY: 6.7909, down 1 point (RMB appreciation); EUR/CNY: 7.7690, up 199 points; HKD/CNY: 0.8663, down 1.7 points; GBP/CNY: 9.1703, up 864 points; AUD/CNY: 4.7446, up 140 points; CAD/CNY: 4.8236, up 2 points; JPY/CNY: 4.1815, down 32 points; CNY/RUB: 11.4522, up 87 points; NZD/CNY: 3.9587, up 183 points; CNY/MYR: 0.60142, up 1.9 points; CHF/CNY: 8.4172, up 351 points; The Singapore dollar/Chinese yuan exchange rate was 5.2588, up 44 points.
2026-07-16

Federated Hermes portfolio manager Karen Manna said the firm still expects the Federal Reserve to largely remain on hold and that inflation remains one of the hardest macro variables to predict. The move from the post-2008 low-inflation regime to pan

Federated Hermes portfolio manager Karen Manna said the firm still expects the Federal Reserve to largely remain on hold and that inflation remains one of the hardest macro variables to predict. The move from the post-2008 low-inflation regime to pandemic-era inflation was driven by supply-chain disruptions, shifts in consumption and labor-market imbalances; many of those distortions have eased, but new factors — tariffs enacted last year, reduced economic visibility around last autumn’s government shutdown, elevated energy prices and large AI-related capital expenditures — continue to cloud the outlook. Manna warned disinflation may be more uneven and episodic than in prior cycles, reinforcing the Fed’s cautious, data-dependent approach.
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