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China’s Commerce Ministry: Won't proactively provoke trade disputes, willing to resolve issues
Speaking on US tariffs, Chinese Commerce Ministry said on Thursday, “China won't proactively provoke trade disputes, willing to resolve issues through dialogue and consultation.” Additional comments China willing to work with relevant countries to jointly respond to challenges of unilateralism and trade protectionism.
Fxstreet
Thu, Feb 6
German industrial orders rise more than expected in December
Adds details, analystBERLIN, Feb 5 (Reuters) - German industrial orders rose significantly more than expected in December due to substantial growth in large-scale orders such as aircraft, ships, trains and military vehicles, the federal statistics office said on Thursday. Orders increased by 6.9% on...Reuters
Thu, Feb 6
Hawkish BOJ policymaker urges raising rates to at least 1%
Inflationary risks building up, board member Tamura saysTamura sees Japan's neutral rate to be at least 1%BOJ must raise rates to neutral in 2nd half of fiscal 2025Comments keep alive near-term rate hike view, push up yenAdds Tamura comments from press conferenceBy Leika Kihara and Takahiko Wada...Reuters
Thu, Feb 6
German industrial orders rise 6.9% in December
Feb 5 (Reuters) - German industrial orders rose 6.9% in December on the previous month on a seasonally and calendar adjusted basis, the federal statistics office said on Thursday.A Reuters poll of analysts had pointed to a rise of 2.0%.The statistics office publishes more economic data on its websit...Reuters
Thu, Feb 6
No scope for Hungary rate cuts amid inflation rebound, rate-setter warns
January inflation can exceed 5% y/yAverage 2025 CPI seen rising to 4.1% to 4.2%Any U.S. tariffs on EU would boost inflationPremature rate easing could hit credibilityBy Gergely SzakacsBUDAPEST, Feb 6 (Reuters) - Hungary's average inflation rate could rise to 4.1% to 4.2% this year, with possible...Reuters
Thu, Feb 6
US Treasury Sec Bessent: Focus is on bringing down 10-year Treasury yields than Fed’s key short-term rate.
US Treasury Secretary Scott Bessent said late Wednesday, the “focus is on bringing down 10-year Treasury yields, rather than the Fed’s benchmark short-term interest rate.” Additional comments Failure to get the tax bill done will result in the "largest tax hike in history".Fxstreet
Thu, Feb 6
Fed's Jefferson: In no rush to reduce level of policy restraint
Feb 5 (Reuters) - U.S. Federal Reserve Vice Chair Philip Jefferson on Wednesday said he is content to keep the central bank's policy rate in its current position until policymakers get a better sense of the net effects of the Trump administration's policies on tariffs, immigration, deregulat...Reuters
Thu, Feb 6
