News
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INDIA BONDS-India bond rally on US trade pact runs into supply wall, RBI meet
By Khushi Malhotra MUMBAI, Feb 3 (Reuters) - Indian government bonds rose on Tuesday after the U.S.–India trade-pact sparked fresh buying, but gains were capped as the news created a rare opportunity for profit-taking in a supply-heavy market.U.S. President Donald Trump announced late on Mond...Reuters
Tue, Feb 3
Eurozone: Positive growth outlook for 2026 – BNP Paribas
BNP Paribas highlights a positive outlook for the Eurozone, forecasting robust GDP growth of 1.5% in 2026, bolstered by recovering industry and household purchasing intentions. The report notes that Europe is overcoming challenges such as the war in Ukraine and political uncertainty in France.Fxstreet
Tue, Feb 3
Brazil central bank signals rate-cut cycle but vows to keep policy tight
By Marcela AyresBRASILIA, Feb 3 (Reuters) - Brazil's central bank signaled on Tuesday it will begin cutting interest rates in March, but stressed borrowing costs must remain restrictive and that the size and duration of the easing cycle will be set over time, in line with incoming data.In minute...Reuters
Tue, Feb 3
India: US cuts tariffs on India – DBS
DBS Group Research report, authored by Radhika Rao, notes that the US and India have agreed on a trade deal, reducing tariffs on Indian goods from 25% to 18%. This agreement is contingent on India's continued reduction of oil purchases from Russia.Fxstreet
Tue, Feb 3
Brazil central bank signals rate-cut cycle but vows to keep policy tight
BRASILIA, Feb 3 (Reuters) - Brazil's central bank said on Tuesday it found it appropriate to signal the start of an interest-rate easing cycle at its next meeting, but stressed the need to keep borrowing costs at restrictive levels until the slowdown in price pressures is firmly consolidated and...Reuters
Tue, Feb 3
AUD: RBA hikes cash rate, inflation concerns persist – TD Securities
The Reserve Bank of Australia (RBA) raised the target cash rate by 25bps to 3.85% in a unanimous decision, citing risks to inflation from excess demand and capacity constraints. The RBA's core inflation forecast was increased from 2.7% to 3.2% for 2026, indicating the likelihood of further action.
Fxstreet
Tue, Feb 3
BREAKINGVIEWS-India settles for least bad option on US trade
By Shritama Bose MUMBAI, Feb 3 (Reuters Breakingviews) - India's trade pact with the U.S. leaves much to be desired but will ease a crushing overhang on the rupee. Ten months into President Donald Trump's trade war, the South Asian country is emerging bruised but at least more integrated ...Reuters
Tue, Feb 3
GBP/USD: Range-bound trading expected – UOB Group
The GBP/USD pair is anticipated to trade within a range between 1.3640 and 1.3710, following a recent decline. The outlook suggests that while downward momentum has eased, GBP is unlikely to decline further, note Quek Ser Leang, Senior Technical Strategist and Peter Chia, Senior FX Strategist at UOBFxstreet
Tue, Feb 3
Japan's food exports hit record in 2025 on strong US demand
TOKYO, Feb 3 (Reuters) - Japan's exports of agricultural, forestry and fishery products rose 12.8% to an all-time high in 2025, lifted by stronger shipments to the United States despite new tariffs, and by a rebound in exports to China from the previous year's slump.Reuters
Tue, Feb 3
Japan's food exports hit record in 2025 on strong US demand
By Yuka ObayashiTOKYO, Feb 3 (Reuters) - Japan's exports of agricultural, forestry and fishery products rose 12.8% to an all-time high in 2025, lifted by stronger shipments to the United States despite new tariffs, and by a rebound in exports to China from the previous year's slump.Exports t...Reuters
Tue, Feb 3
