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US Dollar Index rises above 99.00 as Middle East tensions drive inflation fears
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, extends gains for the third consecutive day, trading around 99.20 during the Asian hours on Wednesday.Fxstreet
Wed, Mar 4
BREAKINGVIEWS-India’s AI software freakout has solid foundation
By Una GalaniHONG KONG, March 4 (Reuters Breakingviews) - Is the global selloff in enterprise software and services stocks an overreaction? Maybe not in India. New tools released by Anthropic point towards increasing automation of work that "once required armies of consultants spending years map...Reuters
Wed, Mar 4
China factory activity contracts for second month in February
Official 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 stimulusBEIJING, March 4 (Reuters) - China's manufacturing activity contracted for a second straight month in February, an official ...Reuters
Wed, Mar 4
China’s RatingDog Manufacturing PMI climbs to 62.1 in February, Services PMI rises to 56.7
China's RatingDog Manufacturing Purchasing Managers' Index (PMI) climbed to 62.1 in February from 50.3 in January, the latest data published by RatingDog showed on Monday. This figure came in better than the expectation of 50.1.
Fxstreet
Wed, Mar 4
China's services sector growth races to 33-month high in February, survey shows
New business expands at quickest pace in six monthsRising costs push output prices to 21-month highService providers cut staffing levels due to cost controlsBy Liangping Gao and Ryan Woo BEIJING, March 4 (Reuters) - China's services activity expanded at its fastest pace in 33 months in Februa...Reuters
Wed, Mar 4
China's factory activity expands at quickest pace in over 5 years, private PMI shows
RatingDog manufacturing PMI 52.1 in February vs 50.3 in JanuaryNew orders at home and abroad drive up outputMarkets await new economic targetsBy Ellen Zhang and Ryan Woo BEIJING, March 4 (Reuters) - China's factory activity in February expanded at the fastest pace since December 2020, driven ...Reuters
Wed, Mar 4
Australian Dollar remains subdued following GDP data
AUD/USD extends its losses for the second successive session, trading around 0.7010 during the Asian hours on Wednesday. The pair remains under pressure following the release of Australian Gross Domestic Product (GDP) data. Attention now turns to the US ISM Services Purchasing Managers’ Index (PMI),Fxstreet
Wed, Mar 4
China's factory activity shrinks for second month in February, PMI shows
BEIJING, March 4 (Reuters) - China's factory activity contracted for the second consecutive month in February, an official survey showed on Wednesday, suggesting a need for further policy stimulus as efforts to ship goods abroad fail to offset depressed demand and investment. The official purcha...Reuters
Wed, Mar 4
China's NBS Manufacturing PMI declines to 49.0 in February, Non-Manufacturing PMI rises to 49.5
China’s official Manufacturing Purchasing Managers' Index (PMI) eases to 49.0 in February, compared to 49.3 in the previous reading. The reading came in below the market consensus of 49.1 in the reported month.Fxstreet
Wed, Mar 4
Trump threatens to halt US trade with Spain over military bases, defence spending
Spain refuses US military base use for Iran strikesTrump cites Supreme Court ruling to justify potential embargoSpain's exports include olive oil, auto parts, steel, chemicalsBy Nandita Bose, David Lawder and Victoria Waldersee WASHINGTON/MADRID, March 3 (Reuters) - U.S. President Donald Trum...Reuters
Wed, Mar 4
Breaking: Australian Gross Domestic Product rises 0.8% QoQ in Q4 vs. 0.6% expected
Australia’s Gross Domestic Product (GDP) rose 0.8% QoQ in the fourth quarter (Q4) of 2025 compared with the 0.4% growth in the third quarter, the Australian Bureau of Statistics (ABS) showed on Wednesday. This reading came in stronger than the expectations of 0.6% expansion.Fxstreet
Wed, Mar 4
