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Sail GP Halifax: The Extreme Race Experience | SaltWire #racing #sailing #catamaranIt's another day of nail-biting for currency traders as the will-they-won't-they debate swirls on Japan's yen-buying intervention. Friday's holiday in most of the world, barring Japan, China and some parts of U.S. markets, makes them all the more nervous.
Meanwhile, Chinese authorities are trying to mitigate the fallout of yen weakness on the yuan, which hit a four-month low last week. Britain's GDP shrank 0.3% in the final quarter of 2023 and 0.1% in the quarter before, meeting the definition of a technical recession widely used in Europe. The economy returned to growth in January.
Still, the Bundesbank said firms continue to hold on to workers and unemployment may rise only slightly in the coming quarter.
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