Thailand Inflation Remains Negative for 10th Straight Month in January 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
The Mexican peso reached its weakest point since mid-March after President Trump’s commerce secretary Wilbur Ross said that the United States is imposing duties ranging from 3-24 percent on five Canadian companies that export lumber to the United States. The commerce secretary highlighted that Canada has been subsidizing the sector that amounts to exports worth 45 billion. Canadian firms have 31.5 percent share in the US lumber market. It reminded investors of the real risk to Mexico from the Trump administration’s determination to balance the trade deficits. The peso traded as low as 19.29 per dollar, compared to 18.47 per dollar just two weeks ago.
However, the peso found a boost from separate news also involving the Trump administration. President Trump announced that after talking to the Canadian Prime Minister Justin Trudeau and the Mexican President Enrique Pena Nieto, the three have agreed to not to terminate the North American Free Trade Agreement (NAFTA) but renegotiate it and make it up to date. As the news broke out, the peso is up more than a percent today, and currently trading at 18.97 per dollar.
