News
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Spain's PM urges Washington to reconsider tariff 'nonsense'
MADRID, March 28 (Reuters) - Spanish Prime Minister Pedro Sanchez and European Commission Vice President Teresa Ribera on Friday urged the United States to reconsider new tariffs on goods from Europe and open a dialogue with Brussels to stop what Sanchez described as "nonsense".President Don...Reuters
Fri, Mar 28
POLL-Canada home prices to lag inflation; trade war further hurts sentiment
cpurl://apps.cp./cms/?pageId=house-poll for poll dataBy Mumal Rathore and Indradip Ghosh BENGALURU, March 28 (Reuters) - Canadian home prices are set to lag overall inflation this year, a Reuters poll of property market experts showed, with transaction volumes already down sharply as a U.S.-led t...Reuters
Fri, Mar 28
INSTANT VIEW-US Feb PCE prices index shows inflation picture still a conundrum
March 28 (Reuters) - The Personal Consumption Expenditures (PCE) price index increased 0.3% in February after advancing by an unrevised 0.3% in January, the U.S. Commerce Department said on Friday. Economists had forecast the PCE price index gaining 0.3%. In the 12 months through February, prices in...Reuters
Fri, Mar 28
TREASURIES-Yields decline slightly after US inflation data
NEW YORK, March 28 (Reuters) - U.S. Treasury yields had a relatively muted response to the release on Friday of the U.S. Personal Consumption Expenditure data, the Federal Reserve's favored indicator for inflation.The Personal Consumption Expenditures (PCE) price index increased 0.3% in February...Reuters
Fri, Mar 28
German unemployment rises amid economic slowdown
Jobless rate increases to 6.3%, above analyst forecastsOpen positions drop by 64,000, indicating reduced labour demandBankruptcies rising, contributing to future unemploymentBy Maria MartinezBERLIN, March 28 (Reuters) - The number of people out of work in Germany rose in March at the fastest rate si...Reuters
Fri, Mar 28
'Nimble, dynamic' Cyprus economy may grow 2.5% this year, IMF says
NICOSIA, March 28 (Reuters) - Cyprus has a "nimble and dynamic economy" that should grow about 2.5% this year, the International Monetary Fund said on Friday, while it added that the island should resist any temptation to loosen fiscal policy.The east Mediterranean island required a bailout ...Reuters
Fri, Mar 28
Markets boost bets on ECB rate cuts on weak data, tariff fears
By Stefano Rebaudo March 28 (Reuters) - Money markets increased their bets on European Central Bank easing, with short-dated yields dropping to levels last seen before Germany announced its biggest ever spending package, as investors shifted focus to U.S. tariffs and weak economic data.Inflation ...Reuters
Fri, Mar 28
