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COLUMN-What China can teach Europe about geopolitical independence: Klement
By Joachim Klement March 4 - The transatlantic alliance appears to be coming apart at the seams, meaning Europe will need to quickly develop a strategy for harnessing geopolitical hard power. The continent could look to China for tips on how to achieve this.The first step is enhancing defensive c...
Reuters
Tue, Mar 4
US Treasury Sec. Bessent: We're set on bringing interest rates down
In an interview with Fox News on Tuesday, US Treasury Secretary Scott Bessent said that they are set on bringing interest rates down, as reported by Reuters.
Fxstreet
Tue, Mar 4
Italy farm lobby worried about U.S. tariffs' impact on Prosecco and Parma ham
ROME, March 4 (Reuters) - U.S. tariffs on European Union food products would cause "billion of dollars of damage" for Italy's prized agricultural exports including Parma ham and Prosecco wine, an Italian farmers' lobby said on Tuesday.President Donald Trump has vowed to hit the EU an...
Reuters
Tue, Mar 4
Tesla's China-made EV sales fall to lowest since August 2022
BEIJING, March 4 (Reuters) - Tesla's TSLA.O sales of its China-made electric vehicles dropped 49.2% in February from a year earlier to 30,688 cars, the lowest since August 2022, as the U.S. automaker faces pressure from Chinese rivals in a relentless smart EV price war. Tesla, which makes...
Reuters
Tue, Mar 4
Tesla's China-made EV sales fall 49.2% in February
BEIJING, March 4 (Reuters) - U.S. automaker Tesla TSLA.O sold 30,688 China-made electric vehicles in February, down 49.2% from a year earlier, data from the China Passenger Car Association (CPCA) showed on Tuesday.Deliveries of China-made Model 3 and Model Y vehicles fell 51.5% from the previous mon...
Reuters
Tue, Mar 4
United Kingdom 30-y Bond Auction fell from previous 5.198% to 4.375%
United Kingdom 30-y Bond Auction fell from previous 5.198% to 4.375%
GBP/USD
Fxstreet
Tue, Mar 4
Spain 6-Month Letras Auction declined to 2.255% from previous 2.355%
Spain 6-Month Letras Auction declined to 2.255% from previous 2.355%
Fxstreet
Tue, Mar 4
Spain 12-Month Letras Auction: 2.173% vs previous 2.221%
Spain 12-Month Letras Auction: 2.173% vs previous 2.221%
Fxstreet
Tue, Mar 4
Greek unemployment drops to 8.7% in January
March 4 (Reuters) - Greece's jobless rate stood at 8.7% in January, down from a downwardly revised 9.3% in December, data from statistics service ELSTAT showed on Tuesday.Seasonally adjusted data showed 408,181 people were officially unemployed.Unemployment impacted women more than men, at the r...
Reuters
Tue, Mar 4
Greece Unemployment Rate (MoM) fell from previous 9.4% to 8.7% in January
Greece Unemployment Rate (MoM) fell from previous 9.4% to 8.7% in January
Fxstreet
Tue, Mar 4
Orban ally takes over at Hungary central bank amid inflation, growth risks
Hungary's inflation rebounds to EU's highest levelEconomic growth seen falling short of Orban's targetCentral Europe to suffer from possible US tariffsInvestors watch transition amid lingering rate cut concernsBy Gergely Szakacs BUDAPEST, March 4 (Reuters) - Former Hungarian finance m...
Reuters
Tue, Mar 4
India's exports face pressure from US, EU trade policies, govt official says
By Manoj Kumar NEW DELHI, March 4 (Reuters) - Indian exports are facing mounting pressure from aggressive trade policies by partners such as the United States and the European Union, a senior trade ministry official said on Tuesday.Citing the U.S. decision to raise import tariffs and initiatives ...
Reuters
Tue, Mar 4
China: CPI inflation likely negative in February – Standard Chartered
Official manufacturing PMI rebounded in February; 2-month average suggests steady production activity. Trade performance likely weakened last month due to both the holiday and tariff impact. CPI may have dropped y/y on a fall in prices of food, fuel and services, as well as a high base effect.
Fxstreet
Tue, Mar 4
South Africa Gross Domestic Product (QoQ) increased to 0.6% in 4Q from previous -0.3%
South Africa Gross Domestic Product (QoQ) increased to 0.6% in 4Q from previous -0.3%
Fxstreet
Tue, Mar 4
South Africa Gross Domestic Product (YoY) increased to 0.9% in 4Q from previous 0.3%
South Africa Gross Domestic Product (YoY) increased to 0.9% in 4Q from previous 0.3%
USD/ZAR
Fxstreet
Tue, Mar 4
Cocoa prices decline on fading supply fears – ING
The cocoa market continues to sell off, with London cocoa pulling back aggressively. The nearly 11% drop yesterday has cocoa trading at its lowest level since November, ING's commodity experts Ewa Manthey and Warren Patterson note.
Fxstreet
Tue, Mar 4
Italy Unemployment registered at 6.3% above expectations (6.2%) in January
Italy Unemployment registered at 6.3% above expectations (6.2%) in January
Fxstreet
Tue, Mar 4
Greece S&P Global Manufacturing PMI down to 52.6 in February from previous 52.8
Greece S&P Global Manufacturing PMI down to 52.6 in February from previous 52.8
Fxstreet
Tue, Mar 4
Turkey Exports declined to $20.8B in February from previous $21.2B
Turkey Exports declined to $20.8B in February from previous $21.2B
Fxstreet
Tue, Mar 4
Spain Unemployment Change registered at -5.994K, below expectations (45.2K) in February
Spain Unemployment Change registered at -5.994K, below expectations (45.2K) in February
Fxstreet
Tue, Mar 4
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