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Canada's Ivey PMI rises to 5-month high in February
TORONTO, March 6 (Reuters) - Canadian economic activity expanded at a faster pace in February as inventories climbed, Ivey Purchasing Managers Index (PMI) data showed on Friday.The seasonally adjusted index rose to 56.6 last month from 50.9 in January, posting its highest level since September.The I...Reuters
Fri, Mar 6
Fed: Wait-and-see stance after weak jobs – Commerzbank
Commerzbank Senior Economist Dr. Christoph Balz notes that US employment fell by 92,000 in February, far below expectations, with revisions also lowering prior months. He highlights possible distortions from a strike and cold weather.Fxstreet
Fri, Mar 6
India says it needs to build resource buffers, reprioritise fiscal spending
By Nikunj Ohri NEW DELHI, March 6 (Reuters) - The conflict in the Middle East has underscored the importance of natural resource buffers, and fiscal resources have to be reprioritised in coming years, the Indian government said in its monthly economic report.India is vulnerable to energy supply s...Reuters
Fri, Mar 6
US President Donald Trump: There will be no deal with Iran except unconditional surrender
United States (US) President Donald Trump said that Iran’s only option is unconditional surrender and that after that happens, he will help select its next leader in a Truth Social post on Friday.Fxstreet
Fri, Mar 6
Fed's Daly: job market vulnerable, but risks two-sided
March 6 (Reuters) - San Francisco Federal Reserve President Mary Daly said Friday that a weaker-than-expected U.S. jobs report underscores her concern about the labor market, but does not mean the Fed should immediately cut rates in response, given the "two-sided" risks posed by still-too-hi...Reuters
Fri, Mar 6
Brazil's auto sales, production soar in February
SAO PAULO, March 6 (Reuters) - Brazil's auto sales and production rose in February from the previous month, data released by automakers' association Anfavea showed on Friday.According to Anfavea, sales were up 8.6% in February to 185,163 units, while production rose 24.9% to 204,345 units.Reuters
Fri, Mar 6
TREASURIES-US yields fall as weak jobs report raises Fed cut expectations
Weak jobs report shows nonfarm payrolls decreased by 92,000Yields fall as Fed rate cut expectations growBy Chuck Mikolajczak NEW YORK, March 6 (Reuters) - U.S. Treasury yields were lower on Friday, dropping sharply after a government payrolls report fell well short of expectations and boosted vie...Reuters
Fri, Mar 6
European firms navigate US tariff chaos post-Supreme Court ruling
Trump imposes 10% tariffs after Supreme Court rulingCould rise to a threatened 15% as trade deals unravelGlobal companies face new wave of tariff uncertainty Firms look for routes to seek refunds, file lawsuitsLoophole could allow firms to amend import docs, execs sayBy Matthias Inverardi, Emma Rumn...Reuters
Fri, Mar 6
US Retail Sales contracted by 0.2% MoM in January
Retail Sales in the United States eased to $733.5 billion in January, the US Census Bureau reported on Tuesday. This print followed the flat reading recorded in the previous month and came in above market expectation for a drop of 0.3%. On a yearly basis, Retail Sales were up 3.2% in this period.Fxstreet
Fri, Mar 6
Eurozone: Manufacturing recovery faces energy risks – ABN AMRO
ABN AMRO expects Eurozone and German industrial production to rebound, helped by recovering domestic demand and stronger defence-related activity in Germany. However, it looks for a pullback in German factory orders after late-2025 strength.
Fxstreet
Fri, Mar 6
Fed rate cut bets rise after weak jobs data
March 6 (Reuters) - The Federal Reserve may cut short-term borrowing costs again in June after government data showed the economy shed jobs last month, traders bet on Friday.The surge in global oil prices kicked off by the Iran conflict had raised concerns over a push higher to inflation that is alr...Reuters
Fri, Mar 6
Fed's Waller: Don't expect current oil price shock to have persistent impact on inflation - BBG TV
WASHINGTON, March 6 (Reuters) - Rising gas prices following the U.S. launch of airstrikes against Iran may be a shock to the consumer, but the global jump in oil is not likely to lead to persistent inflation or warrant a change in monetary policy, U.S. Federal Reserve Governor Christopher Waller sai...Reuters
Fri, Mar 6
