Lee Seung-heon Signals Caution on Rate Hikes, Supports Higher Property Taxes to Cool Korea’s Housing Market 
Australian Household Spending Dips in December as RBA Tightens Policy 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Asian Currencies Stay Rangebound as Yen Firms on Intervention Talk 
UK Starting Salaries See Strongest Growth in 18 Months as Hiring Sentiment Improves 
Despite all the harsh trade war rhetoric and actions taken up by the U.S. Commerce Department using countervailing and anti-dumping duty laws since 2017, the U.S. goods trade deficits with China continues to rage. It has so far shown no signs of reversing at all. The chart shows the goods trade balance between China and the United States for the first quarter,
Despite all the noise surrounding the trade between the United States and China, and hard data shows that U.S. goods deficit with China reached a new record high in the first quarter of 2018 after reaching an all-time high last year for the entire year.
