As China steps back into the U.S. crop markets, American prices for corn and soybeans are on the mend amid optimism over demand. At the same time, rival producers like Brazil and Canada may start to lose out if the U.S. and China are able to strike a long-term trade deal.
The Trump administration is making official its decision to delay until March 1 a tariff hike on $200 billion worth of Chinese goods to 25 percent from 10 percent, according to two people familiar with the matter.
Peru’s central bank held borrowing costs unchanged as tame inflation allows it to keep stimulating the economy after growth slowed in the third quarter.
Boeing Co. is poised to open its first 737 finishing plant in China, underscoring the company’s commitment to the world’s largest aircraft market amid simmering trade tension.
U.S. leveraged loan funds saw $2.53 billion of net outflows in the week ended Dec. 12, the biggest decline on record, according to Lipper. Mutual funds saw a $1.82 billion net outflow, while ETFs lost $705 million, Lipper data show.
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