July 14, 2026

China’s yuan is still undervalued versus the euro despite its recent gains, and that’s contributing to a wider European Union trade deficit, according to Deutsche Bank AG.

Chinese crude oil imports fell sharply in June to near a decade low, hampered by war in the Persian Gulf and an abrupt slowdown in domestic demand.

Taiwan reported a roughly 80% profit from a nine-month-long intervention to support the island’s stock market following the Trump administration’s move to impose tariffs, though it has now exited its position.

Jefferies says large caps are starting to look more reasonably valued.