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Mexican President Sinbaum: We respect Canada's decision to move closer to the European Union.

2026-09-18

Mexican President Sinbaum: We respect Canada's decision to move closer to the European Union.

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2026-09-18

Conflict involving Iran has pushed fuel costs higher and driven global container rates up. Xeneta data show spot freight for a 40ft box on a major deep-sea route at $10,948, more than four times its level since the Feb. 28 outbreak and nearing the $1

Conflict involving Iran has pushed fuel costs higher and driven global container rates up. Xeneta data show spot freight for a 40ft box on a major deep-sea route at $10,948, more than four times its level since the Feb. 28 outbreak and nearing the $11,900 record of Jan. 2022. Low-sulfur marine fuel has risen to $901.5/ton from $543.5 on Feb. 27, though still below the $1,053 peak on Mar. 20. With firms accelerating restocking ahead of the seasonal peak, demand could push rates higher; Xeneta analysts say persistent fuel surcharges leave a return above the pandemic peak possible.
2026-09-18

On the 8th, onshore and offshore yuan both broke 6.7 per dollar, the strongest levels since January 2023. Oriental Jincheng chief macro analyst Wang Qing cited two primary drivers: a retreat in the dollar index after Fed rate-hike effects were priced

On the 8th, onshore and offshore yuan both broke 6.7 per dollar, the strongest levels since January 2023. Oriental Jincheng chief macro analyst Wang Qing cited two primary drivers: a retreat in the dollar index after Fed rate-hike effects were priced in, and recent adjustments to CHINA'S YUAN FIXING skewed toward a stronger yuan. He added that global FX volatility—prompted by policy moves in major economies, a US-Japan coordinated FX intervention and Middle East tensions—has left the yuan broadly steady-to-firmer. Domestically, resilient export growth and a stable-to-improving macro backdrop provide additional support for the exchange rate.
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