Quick Overview

• China said it will slap a hefty tariff on U.S. chicken imports to combat what it says are unfairly low prices. The New import duties range from 50.3% to as much as 105.4 % will take effect Monday and last for five years.

• U.S. Congress moved a step closer to punishing China for allegedly manipulating its currency. A bill in the U.S. Congress would allow US companies to petition for higher duties on imports from China to compensate for an under-valued Chinese Yuan.

• The SEC denied a bid by China's largest credit rating firm to become an officially recognized statistical rating organization in the United States.

• YoY Japan's trade surplus dropped 37.5% in August
• YoY Japan's exports in August grew 15. 8 %

• Mexico's July economic activity index rose  5.1% YoY