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China sets 2026 growth target at 4.5%–5% vs. 5% hit last year
In an annual report presented by Premier Li Qiang at the opening session of this year's meeting of the National People's Congress (NPC) on Thursday, China set its 2026 economic growth target at 4.5%-5%, slightly lower than the 5% pace achieved last year.
Fxstreet
Thu, Mar 5
WTI holds gains near $75.00 as supply disruptions persist on Middle East war
West Texas Intermediate (WTI) Oil price remains stronger for the third successive session, trading around $74.80 per barrel during the Asian hours on Thursday. Crude Oil prices climb as supply disruptions persist amid ongoing Middle East war.
Fxstreet
Thu, Mar 5
JGB yields climb as investors assess inflation risks from Iran war
TOKYO, March 5 (Reuters) - Japanese government bond (JGB) yields rose on Thursday as investors assessed the potential risk of a pickup in inflation and the outlook for interest rate hikes after the widening Middle East conflict pushed oil prices sharply higher.Reuters
Thu, Mar 5
China sets 2026 economic growth target at 4.5%-5%
BEIJING, March 5 (Reuters) - China set its economic growth target for this year at 4.5%-5%, signalling it is willing to tolerate a slower pace than the 5% it achieved last year, a copy of an official government report reviewed by Reuters showed on Thursday.Reuters
Thu, Mar 5
Indonesia: Trade buffers against Oil shock – DBS
DBS Group Research economists Radhika Rao and Chua Han Teng argue that Indonesia’s growth outlook remains intact despite Middle East tensions. They highlight negligible trade exposure to Iran, diversified links with Gulf economies and net commodity exporter status.Fxstreet
Wed, Mar 4
Omega Flex Q4 net income falls on lower sales
OverviewFlexible metal hose maker's Q4 net sales fell 6.5% yr/yrQ4 net income decreased 27.1% yr/yr due to lower sales and higher expensesOutlookOmega Flex did not provide specific guidance for future quartersResult DriversLOWER SALES VOLUME - Co attributed decline in net sales to lower sales un...Reuters
Wed, Mar 4
China parliament to approve growth, policy plans amid growing US rivalry
China's National People's Congress begins on March 5Expected to announce bold industrial upgrading plansWill maintain rhetoric about boosting consumptionAnalysts sceptical of Beijing giving up production-focused modelBut 4.5%-5% growth target leaves room for structural tweaksBy Kevin Yao and...Reuters
Wed, Mar 4
Fed report says economy solid, notes disruption from immigration crackdown in Minnesota
Fed survey provides granular looks at economic activity, prices, employment trendsUS central bank expected to hold rates steady in MarchTraders anticipate no Fed rate cut until JulyBeige Book shows effects of immigration crackdown, tariffsBy Ann Saphir and Howard Schneider March 4 (Reuters) - ...Reuters
Wed, Mar 4
Fed Beige Book shows mixed growth as price pressures persist across districts
The Federal Reserve's (Fed) March 2026 Beige Book, based on data collected through February 23, showed mixed economic conditions. Seven of twelve districts reported slight to moderate growth, but the number of flat or declining districts rose from four to five.Fxstreet
Wed, Mar 4
What to Watch in the Day Ahead - Thursday, March 5
On the U.S. economic tap, the Labor Department is expected to release the weekly jobless claims report. Initial claims for unemployment benefits likely rose by 3,000 to 215,000 for the week ending February 28. Meanwhile, continued jobless claims for the week ending February 21 possibly increased to ...Reuters
Wed, Mar 4
Fed report points to positive economic outlook, stable employment
Fed survey provides granular looks at economic activity, prices, employment trendsUS central bank expected to hold rates steady in MarchTraders anticipate no Fed rate cut until JulyBy Ann Saphir March 4 (Reuters) - U.S. economic activity rose a bit, prices continued to increase and employment lev...Reuters
Wed, Mar 4
Trump sends Fed chair Warsh nomination to Senate
Senator Tillis opposes Fed nomination amid DOJ probe of PowellEconomic data and Iran conflict complicate rate cut ambitionsTrump has long sought rate cuts, criticized Fed chair PowellBy Ann Saphir March 4 (Reuters) - President Donald Trump on Wednesday officially nominated former Federal Reserve ...Reuters
Wed, Mar 4
