Wednesday Pre-market US: Key News & Data

by: Between the Hedges

From Between the Hedges:

Late-Night Headlines

- China’s yuan had the biggest gain since a decade-old peg to the dollar ended in July, after Premier Wen Jiabao called for the market to play a greater role in setting exchange rates.
- China, the world’s largest steelmaker, won’t accept a rise in iron ore prices in talks under way between suppliers such as BHP Billiton and Chinese steel mills and will take action to protect its interests.

Financial Times:
- The European Union’s economic growth strategy for jobs and growth, which was revamped last year and dubbed the “Lisbon 2 agenda,