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Brazil's public sector gross debt steady in January
BRASILIA, Feb 27 (Reuters) - Brazil's public sector gross debt held steady at 78.7% of gross domestic product (GDP) in January, central bank data showed on Friday, while economists polled by Reuters expected it to rise to 79.0% of GDP.The public sector recorded a primary surplus of 103.689 billi...Reuters
Fri, Feb 27
FACTBOX-Companies cutting jobs as investments shift toward AI
Feb 27 (Reuters) - Investors' and economists' concerns that artificial intelligence will upend established industries are deepening, as Goldman Sachs warned in February that accelerating AI adoption could push U.S. unemployment higher this year, with job losses already emerging in sectors mo...Reuters
Fri, Feb 27
Fed: AI-driven rate cut strategy questioned – Commerzbank
Commerzbank's senior economists Bernd Weidensteiner and Dr. Christoph Balz discuss designated Federal Reserve chair Kevin Warsh’s plan to justify significant interest rate cuts by citing artificial intelligence as a new deflationary force.Fxstreet
Fri, Feb 27
Several German states show inflation easing in February
BERLIN, Feb 27 (Reuters) - Inflation eased in several German states in February, official data showed on Friday, pointing to a lower national rate in Europe's largest economy. Official national data are due at 2 p.m. (1300 GMT).Inflation fell below the 2% mark to 1.8% year-on-year in North Rhine...Reuters
Fri, Feb 27
Romania aims to sell domestic debt worth 8 bln lei in March-debt managers
BUCHAREST, Feb 27 (Reuters) - Romania's finance ministry aims to sell domestic treasury bonds and bills worth 8 billion lei ($1.86 billion) in February, and an additional 15% worth of the issued paper through non-competitive tenders, it said on Friday.Debt managers have scheduled 13 bond tenders...Reuters
Fri, Feb 27
German unemployment rises slightly in February
BERLIN, Feb 27 (Reuters) - The number of unemployed people in Germany rose slightly in February, labour office figures showed on Friday, as the economic weakness of the past three years continues to weigh on the job market in Europe's biggest economy.In seasonally adjusted terms, the jobless fig...Reuters
Fri, Feb 27
Bund yields head for steepest monthly drop since April turbulence
LONDON, Feb 27 (Reuters) - Germany's 10-year yield was set for its biggest monthly drop since April's tariff turmoil on Friday, as government bonds globally benefit from investor jitters about everything from artificial intelligence disruption to potential U.S. strikes on Iran. The yield on ...Reuters
Fri, Feb 27
