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TREASURIES-US yields rise as investors gauge data, impact of tariffs
Yields rise amid mixed economic data, tariff concernsADP report shows lower-than-expected job growthISM nonmanufacturing PMI beats forecastBy Chuck Mikolajczak NEW YORK, March 5 (Reuters) - U.S. Treasury yields climbed on Wednesday, reversing earlier declines, as investors gauged a mixed bag of e...Reuters
Wed, Mar 5
US economic activity up slightly as tariff worries rise, Fed survey shows
Fed reports uneven economic growth across districtsRising uncertainty linked to Trump's policies, including tariffsFed likely to maintain interest rates amid inflation concernsBy Ann Saphir March 5 (Reuters) - U.S. economic activity has risen slightly but unevenly since mid-January, employmen...Reuters
Wed, Mar 5
Fed's Beige Book: Price increases ahead of tariffs could spell trouble for inflation
The Federal Reserve's (Fed) Summary of Commentary on Current Economic Conditions by Federal Reserve District, colloquially known as the Beige Book, is a collection of anecdotal information regarding inflation, employment, and general economic conditions within each Fed Bank's district.Fxstreet
Wed, Mar 5
US activity rises slightly and uncertainty also up, Fed survey shows
Fed reports uneven economic growth across districtsRising uncertainty linked to Trump's policies, including tariffsFed likely to maintain interest rates amid inflation concerns March 5 (Reuters) - U.S. economic activity has risen slightly but unevenly since mid-January, employment nudged high...Reuters
Wed, Mar 5
US White House Press Secretary Leavitt: Trump will give auto industry an extension on tariffs
According to US White House Press Secretary Karoline Leavitt, US President Donald Trump is granting the US automotive industry, which is incredibly dependent on foreign trade, a one-month exemption from this week's stiff 25% tariffs imposed on Canada and Mexico.Fxstreet
Wed, Mar 5
Mexican Peso surges as rumors swirl over tariff rollback
The Mexican Peso (MXN) is recovering some ground against the US Dollar (USD) on Wednesday, on rumors that tariffs imposed by the United States (US) since March 4 could be rolled back or at least adjusted, according to US Commerce Secretary Howard Lutnick.
Fxstreet
Wed, Mar 5
TREASURIES-US yields rise as investors gauge data, impact of tariffs
Yields rise amid mixed economic data, tariff concernsADP report shows lower-than-expected job growthISM nonmanufacturing PMI beats forecast, indicating expansionBy Chuck Mikolajczak NEW YORK, March 5 (Reuters) - U.S. Treasury yields were mostly higher on Wednesday in choppy trading, as investors ...Reuters
Wed, Mar 5
Irish tax take for January-February up 12%, excluding Apple tax windfall
DUBLIN, March 5 (Reuters) - Ireland collected 12% more tax in the first two months of the year than in the same period last year if one-off proceeds from a ruling on Apple AAPL.O back taxes are excluded, the finance ministry said on Wednesday.Ireland is drawing down a 14 billion euro ($15.09 billion...Reuters
Wed, Mar 5
US crude stockpiles rise, fuel draws down amid refinery maintenance, EIA says
By Stephanie Kelly NEW YORK, March 5 (Reuters) - U.S. crude oil stockpiles rose more than expected last week, while gasoline and distillate inventories fell as product exports rose amid refinery spring maintenance, data from the Energy Information Administration showed on Wednesday.Crude inventor...Reuters
Wed, Mar 5
Canada, citing trade turmoil, to crack down on foreign takeover bids
OTTAWA, March 5 (Reuters) - Canada, citing fears that recent trade turbulence could cut the value of domestic companies, on Wednesday vowed to make it harder for foreign firms to launch "predatory" takeover bids.Innovation Minister Francois-Philippe Champagne made the announcement a day afte...Reuters
Wed, Mar 5
EXPLAINER-How the West uses Russia's frozen reserves to help Ukraine
By Marc Jones LONDON, March 5 (Reuters) - With President Donald Trump's suspension of U.S. military aid to Ukraine, European nations are again looking at how to utilise some $300 billion of Russian state assets frozen by the Group of Seven rich democracies after Moscow's 2022 invasion of ...Reuters
Wed, Mar 5
US factory orders rebound in January on commercial aircraft
WASHINGTON, March 5 (Reuters) - New orders for U.S.-manufactured goods rebounded in January amid a surge in commercial aircraft bookings, but the broader manufacturing sector's recovery is likely to be hampered by tariffs on imports.Factory orders increased 1.7% after a revised 0.6% decline in D...Reuters
Wed, Mar 5
Toronto home sales drop 28.5% in February as trade uncertainty hits sentiment
By Fergal Smith TORONTO, March 5 (Reuters) - Greater Toronto Area home sales tumbled in February and home prices declined for a third straight month as an uncertain trade outlook weighed on the homebuyers' confidence, data from the Toronto Regional Real Estate Board (TRREB) showed on Wednesda...Reuters
Wed, Mar 5
US crude stocks rise, gasoline and distillate inventories fall - EIA
NEW YORK, March 5 (Reuters) - U.S. crude stocks rose while gasoline and distillate inventories fell in the week ending February 28, the Energy Information Administration said on Wednesday.Crude inventories rose by 3.6 million barrels to 433.8 million barrels in the week, the EIA said, compared with ...Reuters
Wed, Mar 5
Mexico could seek other trade partners after US tariffs, president says
MEXICO CITY, March 5 (Reuters) - Mexico's government may look for other trade partners, the nation's president said on Wednesday, after the United States slapped tariffs on its southern neighbor. President Claudia Sheinbaum said that Mexico could shift trade alliances "if nec...Reuters
Wed, Mar 5
