NEW: 🇨🇳 US imports from China drop 22.7% YoY in January to 771k TEUs, per Descartes Systems Group.
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🕒 🇬🇧 12:01 AM BRC Retail Sales Monitor YoY
Actual: 2.3%
Previous: 1%
Forecast: 1.3%
Consensus: 1.2%
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Actual: 2.3%
Previous: 1%
Forecast: 1.3%
Consensus: 1.2%
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NEW: ⚠️🇺🇸 US urges ships to stay as far as possible from Iran's waters in Strait of Hormuz after boarding attempts.
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NEW: 🇨🇳 Chinese holdings of US Treasuries plunge to lowest since Global Financial Crisis.
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NEW: 🇺🇸🇮🇳 India will scrap digital services taxes and work on bilateral digital trade rules, White House says.
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🚨BREAKING🚨: 🇹🇼🇺🇸 Taiwan rebuffs US push to absorb 40% of its chip supply chain, per Vice Premier Cheng Li-chiun.
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NEW: 🇨🇳 PBOC to make flexible use of policy tools like RRR cuts and interest rate cuts.
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