Trump's Japan trade deal explained
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U.S. President Donald Trump's trade deal with Tokyo opens scope for the Bank of Japan to raise interest rates again this year, sources say, a prospect the central bank may start to telegraph by offering a less gloomy view on the economic outlook.
A group representing the ‘big three’ US automakers raised concerns that the US-Japan trade deal could hurt US auto workers
Japan and Europe are two of the U.S.’s largest trading partners and now that the markets have some certainty around trade, it’s back to “risk-on” for investors, according to Jim Reid’s team at Deutsche Bank.
The dollar edged higher against the euro on Thursday following progress in U.S. trade talks with key partners, but slipped against the yen as Japan's currency got a lift from expectations for higher interest rates.
Ho-hum agreements with Japan and others are a prelude to talks with China, William Pesek writes in a guest commentary.
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US Treasuries fell for a second day as investors trimmed exposure to haven assets on optimism that the US will reach more trade deals after clinching a pact with Japan.Most Read from BloombergTrump Awards $1.