January 29, 2026
United States:
US Trade Deficit Widens From Smallest Since 2009 as Imports Rise
The US trade deficit widened in November from the lowest level since 2009 as imports rebounded and exports fell, highlighting wide monthly swings in response to the Trump administration’s vacillating tariffs.
The goods and services trade gap nearly doubled from the prior month to $56.8 billion, Commerce Department data showed Thursday.
Europe:
New UK Business Starts Jump at Fastest Pace Since Labour Elected
British entrepreneurship has rebounded at the fastest pace in more than two years, with founders of new businesses appearing to brush off Chancellor of the Exchequer Rachel Reeves’ tax rises.
The number of new enterprise entries in the Inter-Departmental Business Register reached 71,935 in the fourth quarter of 2025, up 10% on the same period a year earlier, according to figures published by the Office for National Statistics on Thursday.
Asia:
BOJ Set to Make Progress on Balance Sheet Cuts With CPs at Zero
The Bank of Japan is set to hit a milestone in its quest to shrink its massive balance sheet, as its commercial paper holdings head toward zero.
The outstanding amount of CPs on the central bank’s books has dropped to ¥29.9 billion ($196 million) as of Jan. 20, according to BOJ data last week.
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