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Russia S&P Global Services PMI declined to 50.5 in February from previous 54.6
Russia S&P Global Services PMI declined to 50.5 in February from previous 54.6
Fxstreet
Wed, Mar 5
COLUMN-Key US energy data trends to track as tariffs kick in: Maguire
By Gavin Maguire LITTLETON, Colorado, March 5 (Reuters) - Energy product traders, utilities, investors and business executives are among those scrambling to assess the likely impact of new steep tariffs on the United States' largest trade partners, which kicked in on Tuesday.New 25% tariffs o...
Reuters
Wed, Mar 5
WRAPUP 9-Trump triggers trade war, price hikes with tariffs on Canada, China and Mexico
Tariffs on Canadian, Mexican, Chinese goods come into forceChina say it's ready for tariff war or 'any other type of war'Trump says more tariffs coming April 2U.S. Commerce chief says Trump may work out partial solutionCanada's Trudeau tells Trump, 'this is a very dumb thing to d...
Reuters
Wed, Mar 5
BoJ’s Uchida: Don't have a preset idea in mind on the pace of future rate hikes
Bank of Japan (BoJ) Deputy Governor Shinichi Uchida said on Wednesday, I “don't have a preset idea in mind on the pace of future rate hikes.”At press time, USD/JPY holds minor gains near 149.80 following these comments.
USD/JPY
Fxstreet
Wed, Mar 5
Singapore Retail Sales (MoM): 2.4% (January) vs -1.5%
Singapore Retail Sales (MoM): 2.4% (January) vs -1.5%
Fxstreet
Wed, Mar 5
Singapore Retail Sales (YoY) climbed from previous -2.9% to 4.5% in January
Singapore Retail Sales (YoY) climbed from previous -2.9% to 4.5% in January
Fxstreet
Wed, Mar 5
India HSBC Services PMI above forecasts (57.3) in February: Actual (59)
India HSBC Services PMI above forecasts (57.3) in February: Actual (59)
Fxstreet
Wed, Mar 5
India HSBC Composite PMI declined to 58.8 in February from previous 60.6
India HSBC Composite PMI declined to 58.8 in February from previous 60.6
Fxstreet
Wed, Mar 5
Japan’s Kato: Shared views on FX with US counterpart
Japan’s Finance Minister Katsunobu Kato said on Wednesday that I “have shared views on FX with US counterpart.” Kato further noted: I “have shared views with US counterpart that FX rates are determined by markets and excessive volatility negatively impacts the economy, financial stability.” .
USD/JPY
Fxstreet
Wed, Mar 5
China fully confident of achieving 2025 growth target, official says
BEIJING, March 5 (Reuters) - China is fully confident of achieving its economic growth target of around 5% this year, Shen Danyang, director of the State Council Research Office, told a press conference on Wednesday.Macro policy measures will provide strong support for the economy, Shen said, while ...
Reuters
Wed, Mar 5
Will Trump's Tariff Policy Escalation Become a Catalyst for U.S. Inflation?
Trump's tariff war intensifies as multiple countries face new tariffs, with the New York Fed President warning it could worsen inflation.
TradingKey
Wed, Mar 5
US President Trump: Will impose tariffs on products not made in the US
US President Donald Trump is addressing a joint session of Congress at the Capitol Building, in Washington DC, on Wednesday.
Fxstreet
Wed, Mar 5
Japan defence budget prioritises quality over GDP ratio, spokesperson reacts to Trump aide
TOKYO, March 5 (Reuters) - Japan's defence buildup prioritises quality over the size of its budget, a top government spokesperson said on Wednesday, in response to calls by one of U.S. President Donald Trump's aides to ramp up defence spending to counter China."What we think important is...
Reuters
Wed, Mar 5
REFILE-Trump administration disbands two expert panels on economic data
WASHINGTON, March 4 (Reuters) - U.S. President Donald Trump's administration has disbanded two expert committees that worked with the government to produce economic statistics, potentially affecting the quality of data.The terminations by Commerce Secretary Howard Lutnick were effective February...
Reuters
Wed, Mar 5
China's services activity grows modestly in February, Caixin PMI shows
BEIJING, March 5 (Reuters) - China's services activity slightly expanded in February, driven by a faster rebound in demand, including export orders, a private sector survey showed on Wednesday, though an escalating U.S.-Sino tariff war has cast uncertainty over the outlook.
Reuters
Wed, Mar 5
BoJ’s Uchida: If forecasts met the Bank will adjust policy further
Bank of Japan (BoJ) Deputy Governor Shinichi Uchida said on Wednesday, “if forecasts met the Bank will adjust policy further.” Additional quotes If forecasts met the Bank will adjust policy further.
USD/JPY
Fxstreet
Wed, Mar 5
China’s Caixin Services PMI surprisingly jumps to 51.4 in February vs. 50.8 expected
China's Services Purchasing Managers' Index (PMI) unexpectedly firmed to 51.4 in February from 51 in January, the latest data published by Caixin showed Wednesday.
AUD/USD
Fxstreet
Wed, Mar 5
China Caixin Services PMI came in at 51.4, above forecasts (50.8) in February
China Caixin Services PMI came in at 51.4, above forecasts (50.8) in February
Fxstreet
Wed, Mar 5
China's Finance Ministry says will step up the pace of fiscal spending
China's finance ministry stated early Wednesday that the government will increase the intensity of fiscal spending and will adopt more proactive, sustainable, robust, and effective fiscal policies in 2025.
Fxstreet
Wed, Mar 5
Ireland Purchasing Manager Index Services declined to 53.2 in February from previous 53.4
Ireland Purchasing Manager Index Services declined to 53.2 in February from previous 53.4
Fxstreet
Wed, Mar 5
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