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ADP Employment Report set to show an improving job market in February
The Automatic Data Processing (ADP) Research Institute will release its monthly report on private-sector job creation for February on Wednesday.
Fxstreet
Wed, Mar 4
Forex Today: US Dollar rally pauses ahead of key US data
Here is what you need to know on Wednesday, March 4:
Fxstreet
Wed, Mar 4
Spain HCOB Services PMI registered at 51.9, below expectations (52.7) in February
Spain HCOB Services PMI registered at 51.9, below expectations (52.7) in February
Fxstreet
Wed, Mar 4
AUD: Growth resilience versus RBA uncertainty – UOB
UOB’s Lee Sue Ann notes that Australia’s economy ended 2025 with stronger-than-expected GDP growth, underpinned by resilient household spending and ongoing private investment.
AUD/USD
Fxstreet
Wed, Mar 4
Euro zone bonds steady after sharp selloff on inflation fears
By Stefano Rebaudo March 4 (Reuters) - Euro zone government bonds were mixed on Wednesday as investors took a breather after a sharp selloff earlier this week driven by fears that the war in the Middle East would fuel inflation.Germany’s 10-year government bond yield DE10YT=RR, the euro area’s be...
Reuters
Wed, Mar 4
Switzerland Consumer Price Index (MoM) above forecasts (0.5%) in February: Actual (0.6%)
Switzerland Consumer Price Index (MoM) above forecasts (0.5%) in February: Actual (0.6%)
USD/CHF
Fxstreet
Wed, Mar 4
Switzerland Consumer Price Index (YoY) above forecasts (-0.1%) in February: Actual (0.1%)
Switzerland Consumer Price Index (YoY) above forecasts (-0.1%) in February: Actual (0.1%)
USD/CHF
Fxstreet
Wed, Mar 4
Euro area: Inflation supports steady ECB stance – Danske Bank
Danske Research Team notes that Euro area data show inflation slightly below target but higher than expected, reinforcing expectations that the ECB will keep its policy rate unchanged at 2.00%.
Fxstreet
Wed, Mar 4
Russia's 2025 budget deficit over $30 billion, says German intelligence service BND
BERLIN, March 4 (Reuters) - Russia's true federal budget deficit in 2025 was more than 2.36 trillion roubles ($30.45 billion), higher than officially stated, as Moscow seeks to hide the real costs of its war in Ukraine, Germany's BND intelligence service said on Wednesday.In a post on Linked...
Reuters
Wed, Mar 4
WRAPUP 3-China's factory data mixed as Iran war clouds export outlook
Official February PMI drops to 49.0 from 49.3 in JanuaryNon-manufacturing PMI edges up to 49.5 from 49.4 in prior monthEconomists forecast growth to stay weak in Q1 without stimulusIran conflict poses fresh threat to China's export-driven economy, analysts sayBy Joe Cash BEIJING, March 4 (Reu...
Reuters
Wed, Mar 4
Asian stocks fall as South Korea’s KOSPI slumps over 10%
Asian equities fall for a second consecutive session as escalating tensions in the Middle East shook investor sentiment and revived concerns over energy-driven inflation.
Fxstreet
Wed, Mar 4
Russia S&P Global Services PMI fell from previous 53.1 to 51.3 in February
Russia S&P Global Services PMI fell from previous 53.1 to 51.3 in February
Fxstreet
Wed, Mar 4
China targets ways to boost domestic demand for economic growth
By Xiuhao Chen, Shi Bu and Liz LeeBEIJING, March 4 (Reuters) - China will increase its output of high-quality consumer goods and foster new growth points for services consumption in efforts to boost domestic demand aimed at propping up economic growth this year.Consumption is the main driver of the ...
Reuters
Wed, Mar 4
Japan’s Katayama: Watching market developments closely, prepared to act if needed
Finance Minister Satsuki Katayama said on Wednesday that he is watching market developments closely and prepared to take various measures if needed.
Fxstreet
Wed, Mar 4
BoJ’s Ueda says will closely watch impact of Middle East developments on domestic, overseas economy
Bank of Japan (BoJ) Governor Kazuo Ueda said on Wednesday that wages need to increase significantly for Japan to sustainably, stably achieve BoJ's price target. Ueda added that he will closely watch impact of Middle East developments on domestic and overseas economy.
Fxstreet
Wed, Mar 4
India HSBC Composite PMI declined to 58.9 in February from previous 59.3
India HSBC Composite PMI declined to 58.9 in February from previous 59.3
Fxstreet
Wed, Mar 4
India HSBC Services PMI came in at 58.1, below expectations (58.6) in February
India HSBC Services PMI came in at 58.1, below expectations (58.6) in February
Fxstreet
Wed, Mar 4
Japan Consumer Confidence Index registered at 40 above expectations (38.2) in February
Japan Consumer Confidence Index registered at 40 above expectations (38.2) in February
USD/JPY
Fxstreet
Wed, Mar 4
China targets ways to boost domestic demand for economic growth
BEIJING, March 4 (Reuters) - China will increase its output of high-quality consumer goods and foster new growth points for services consumption in efforts to boost domestic demand to prop up economic growth this year.Consumption is the main driver for the country's economy, having contributed 5...
Reuters
Wed, Mar 4
China commerce vice minister met with Johnson & Johnson VP
BEIJING, March 4 (Reuters) - China's top trade negotiator Li Chenggang has met with the executive vice president of U.S. pharmaceutical company Johnson & Johnson JNJ.N, the country's commerce ministry said on Wednesday.The meeting took place just as China and the United States were repor...
Reuters
Wed, Mar 4
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