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Euro zone bond yields rise as tariff optimism offers respite to risky assets
By Yadarisa Shabong March 25 (Reuters) - Euro zone bond yields rose on Tuesday as traders piled into risky assets on signs of flexibility in the next round of U.S. tariffs and stronger-than-expected U.S. data, while improved business morale in Germany also helped.European bond markets took some c...Reuters
Tue, Mar 25
Brazil central bank says high uncertainty prevents guidance beyond next meeting
BRASILIA, March 25 (Reuters) - Brazil's central bank said on Tuesday that given heightened uncertainty, it chose to signal only the direction of its next move, emphasizing that due to monetary policy lags, it was appropriate to indicate a smaller interest rate hike.In the minutes of its March 18...Reuters
Tue, Mar 25
Tesla's sales and market share in Europe drop again in February
Tesla's market share falls to 1.8%, down from 2.8% last year Tesla sold fewer than 17,000 cars in Europe in February, versus over 28,000 in February 2024Elon Musk's political controversies may have impacted Tesla's European salesOverall BEV sales in Europe rise despite Tesla's declin...Reuters
Tue, Mar 25
Austria central bank cuts 2025 growth forecast on energy price, tariff concerns
By Rachel More BERLIN, March 25 (Reuters) - Austrian gross domestic product is expected to contract by 0.1% in 2025, the central bank said on Tuesday, cutting its forecast from 0.8% in December, as the economy faces a budget deficit, high energy prices and the threat of U.S. tariffs."The Aust...Reuters
Tue, Mar 25
FACTBOX-Foreign companies and their tax tussles with India
March 25 (Reuters) - Foreign companies have often struggled in India due to high tax demands related levies payable on big M&A transactions or government accusations of duty evasion on imports, at times leading to prolonged litigation. Here are some of the key current and past tax disputes invol...Reuters
Tue, Mar 25
German business sentiment rises in March, Ifo survey finds
German business morale rose to 86.7 in MarchEconomic recovery expected with fiscal packageFiscal euphoria outweighs US tariffs concernsBy Maria Martinez BERLIN, March 25 (Reuters) - German business morale rose in March, a survey showed on Tuesday, as companies expect a recovery after two years of...Reuters
Tue, Mar 25
EXPLAINER-Stagflation on the radar for the US economy, but no repeat of the '70s
Stagflation risks appear higher in response to Trump tariff policiesUnlikely to fully repeat the high inflation and joblessness of the 1970sFed official: 'Nothing more uncomfortable' than a stagflationary environmentBy Howard Schneider WASHINGTON, March 25 (Reuters) - Recent economic proj...Reuters
Tue, Mar 25
US bond investors weigh 'convexity' risk in recent Treasury yield decline
Convexity buying started as yields hit lowest since October, analysts sayMortgage players shift hedges to balance portfolios amid rate changesConvexity hedging tightens spread between 10-year swap and Treasury yieldBy Gertrude Chavez-DreyfussNEW YORK, March 25 (Reuters) - The recent drop in U.S. yie...Reuters
Tue, Mar 25
Austria's central bank now expects 0.1% contraction in 2025, warns of challenges
BERLIN, March 25 (Reuters) - Austrian gross domestic product is expected to contract by 0.1% in 2025, the country's central bank said on Tuesday, listing a high budget deficit as one of the challenges faced by the economy this year.In December, the ONB central bank had forecast 0.8% growth in 20...Reuters
Tue, Mar 25
German business sentiment rises in March, Ifo survey finds
BERLIN, March 25 (Reuters) - German business morale rose in line with forecasts in March, a survey showed on Tuesday. The Ifo institute said its business climate index stood at 86.7 in March.Analysts polled by Reuters had forecast a slight rise in the reading to 86.7.Reuters
Tue, Mar 25
German home prices halt decline in fourth quarter but outlook uncertain
By Tom Sims and Rene Wagner FRANKFURT, March 25 (Reuters) - German residential property prices rose in the fourth quarter, halting a decline in place since 2022 by gaining 1.9% year-on-year, federal statistics office data showed on Tuesday.But the outlook for the sector remains uncertain, with a ...Reuters
Tue, Mar 25
EXCLUSIVE-India eyes tariff cut on $23 bln of US imports, to shield $66 bln in exports, sources say
India open to cut tariffs on 55% of US importsIt estimates hit to $66 bln of exports from Trump's tariffsIndia sees tariff hike of 6% to 10% for key US exports Offer of tariff cuts hinges on relief from Trump's tariffsBy Sarita Chaganti Singh, Aftab Ahmed and Manoj Kumar NEW DELHI, March ...Reuters
Tue, Mar 25
German home prices halt decline in fourth quarter but outlook uncertain
FRANKFURT, March 25 (Reuters) - German residential property prices rose in the fourth quarter, halting a decline in place since 2022 by gaining 1.9% year-on-year, federal statistics office data showed on Tuesday.But the outlook for the sector remains uncertain, with a recent increase in borrowing co...Reuters
Tue, Mar 25
Ueda speech: Still need some time to consider what to do with BoJ’s ETF holdings
Speaking before the Japanese parliament on Tuesday, Bank of Japan (BoJ) Governor Kazuo Ueda said, the central bank “still need some time to consider what to do with BoJ’s ETF holdings.” Additional quotes Must think about valuation and market rout risks when offloading BoJ’s ETF holdings.
Fxstreet
Tue, Mar 25
China frees Mintz staff in move to soothe foreign sentiment
All Beijing employees of Mintz freed after two years in detentionTheir release coincided with a high-profile international forum in BeijingTheir detention had cast chill on foreign sentiment towards ChinaBy Antoni Slodkowski and Liz Lee BEIJING, March 25 (Reuters) - Chinese authorities have r...Reuters
Tue, Mar 25
