News
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US manufacturing stable in February, but storm brewing from tariffs
Manufacturing PMI dips to 50.3 in FebruaryMeasures of new factory orders, employment slumpGauge of prices paid for inputs highest since June 2022By Lucia Mutikani WASHINGTON, March 3 (Reuters) - U.S. manufacturing was steady in February, but a measure of prices at the factory gate jumped to near ...Reuters
Mon, Mar 3
Ford's total February sales fall 9%
Adds background and details from release in paragraphs 2-4March 3 (Reuters) - Ford Motor Co F.N on Monday reported an about 9% drop in its auto sales for February. Automakers have been trying to cut costs amid lower interest for new vehicles, and brace for the potential impact of U.S. tariffs on imp...Reuters
Mon, Mar 3
Canadian factory PMI tumbles as tariff uncertainty hits sentiment
By Fergal Smith TORONTO, March 3 (Reuters) - Canadian manufacturing activity contracted for the first time in six months in February as an uncertain trade outlook led to firms turning the most pessimistic since the start of the COVID-19 pandemic.The S&P Global Canada Manufacturing Purchasing ...Reuters
Mon, Mar 3
White House trade adviser Navarro doesn't see Trump wavering on tariffs
WASHINGTON, March 3 (Reuters) - White House trade adviser Peter Navarro on Monday said the impact of President Donald Trump's tariffs on U.S. consumer prices would be "second order small" given concurrent plans to deregulate industry, shrink the federal government and expand energy produ...Reuters
Mon, Mar 3
FACTBOX-Wall Street braces for potential fallout as Trump tariffs on Canada, Mexico draw near
Rewrites paragraphs 1-3By Johann M Cherian and Pranav Kashyap Feb 3 (Reuters) - The Trump administration had postponed the implementation of the new levies on Mexico and Canada, the United States' largest trade partners for one month. But the reprieve ends on Tuesday.U.S. Commerce Secretary H...Reuters
Mon, Mar 3
Morning News Call - Canada, March 3
To access a PDF version of this newsletter, please click hereYou can read Morning News Call Canada via TOPNEWS Canada page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-pageECONOMIC EVENTS0930 S&P Glo...Reuters
Mon, Mar 3
Bessent’s Plausible or Pipe Dream: Inflation Will Drop Soon, the Real Estate Market Will Boom Soon
Although the prospect of a rebound in US inflation continues to trouble economists and the American public, US Treasury Secretary Scott Bessent said that a series of policies of Trump are expected to bring inflation back to the Federal Reserve's target of 2% soon.TradingKey
Mon, Mar 3
EXCLUSIVE-Nvidia and Broadcom testing chips on Intel manufacturing process, sources say
Tests show chip designers moving closer to manufacturing decisionIntel's contract manufacturing business faces delay to mid-2026Intel foundry revenue expected to remain low until at least 2027By Max A. Cherney and Fanny Potkin SAN FRANCISCO/SINGAPORE, March 3 (Reuters) - Chip designers Nvidia...Reuters
Mon, Mar 3
Euro zone inflation ticks lower in boost to ECB rate cut bets
Inflation slows to 2.4% in Feb from 2.5% in JanECB rate cut on Thursday seen a done dealFurther policy easing on the cards as growth is anaemicBy Balazs KoranyiFRANKFURT, March 3 (Reuters) - Euro zone inflation dipped a bit less than expected last month but its most closely watched component also dr...Reuters
Mon, Mar 3
