Well, it was inevitable after Trump dominated the primary election on the Republican end. She managed to snag Vermont from Trump but that's about it really. That means we are set to see this showdown once again:
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Nikki Haley reportedly set to pull out of Republican presidential race
- Reuters and FT are reporting on the matter
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- Australian dollar jumped higher on the very strong jobs report - no RBA rate cuts ahead
- Ueda says BOJ ready to act if long-term yields move out of line with fundamentals
- Japan's finance minster says its hard to forsee Japan defaulting on its debt
- Australian October unemployment rate 4.3% (expected 4.4%, prior 4.5%)
- PBOC is expected to set the USD/CNY reference rate at 7.1156 – Reuters estimate ·
- Takaichi: Will strive to create strong economy so that tax revenues rise without tax hikes
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