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CORRECTED-Yields on Japan's shorter-end bonds rise after BOJ comments drive rate hike bets
TOKYO, March 13 (Reuters) - Yields on Japan's shorter-dated government bonds reversed course to rise on Thursday as comments from the Bank of Japan chief boosted bets for an early interest rate hike.The 10-year JGB yield JP10YTN=JBTC rose 1 basis point to 1.53%, after falling to as low as 1.495...Reuters
Thu, Mar 13
Vietnam regulator proposes approval of Chinese COMAC jets, documents show
Vietnam proposes recognising China's aircraft standards, aiding COMAC's market entryVietnam seeks to diversify airline options beyond Boeing and AirbusVietJet plans to lease COMAC C909 jets have been delayed by lack of approvalsVietnam seeks to balance US trade surplus with Boeing 737 MAX pu...Reuters
Thu, Mar 13
BoJ’s Ueda: Underlying inflation is still somewhat below 2%
Bank of Japan (BoJ) Governor Kazuo Ueda said on Thursday that the “underlying inflation is still somewhat below 2%.” Additional takeaways Expect underlying inflation to gradually accelerate as economy continues to recover.
Fxstreet
Thu, Mar 13
Japan’s Kato: Still not in a state where we can permanently call end to deflation
Japanese Finance Minister Shunichi Kato said on Thursday that “Japan is still not in a state where we can permanently call an end to deflation.” Additional quotes Japan's economy in state of experiencing supply shortage, rather than lack of demand.Fxstreet
Thu, Mar 13
US October-February budget deficit hits record $1.147 trillion
WASHINGTON, March 12 (Reuters) - The U.S. budget deficit for the first five months of fiscal 2025 hit a record $1.147 trillion, the Treasury Department said on Wednesday, including a $307 billion February deficit for President Donald Trump's first full month in office that was up 4% from a year earlReuters
Thu, Mar 13
Trump, Irish leader meet amid differences on Gaza war, trade
Trump pledges reciprocal tariffs against EU, including IrelandMartin highlights US-Ireland investment ties, despite trade deficitLeaders discuss Gaza conflict, differing on Palestinian expulsionBy Andrea Shalal and Gram Slattery WASHINGTON, March 12 (Reuters) - U.S. President Donald Trump critici...Reuters
Wed, Mar 12
Bank of Canada considered leaving rates unchanged, governor tells Reuters
By Promit Mukherjee and Caroline Stauffer OTTAWA, March 12 (Reuters) - The Bank of Canada considered leaving its key policy rate at 3% ahead of a scheduled announcement before concluding it needed to cut for the seventh consecutive time, Governor Tiff Macklem said in an interview on Wednesday.The...Reuters
Wed, Mar 12
Mexican finance chief warns of economic slowdown with Trump's tariffs
Amador promoted to Mexican finance chief last weekTrump has pursued tariffs against both US neighbors MEXICO CITY, March 12 (Reuters) - Mexican Finance Minister Edgar Amador Zamora told lawmakers on Wednesday there are signs that economic growth is cooling largely due to growing trade tensions wi...Reuters
Wed, Mar 12
WRAPUP 4-Corporate gloom deepens as new Trump tariffs take effect
US steel and aluminium tariffs kick in, EU retaliatesPuma blames weak sales outlook on soft US and Chinese demand Porsche warns it may hike car pricesTariff flip-flops causing 'paralysis,' Franklin Templeton saysJPMorgan sees 40% chance of U.S. recession this yearCEO of Zara-owner Inditex sa...Reuters
Wed, Mar 12
French central bank trims growth outlook on trade tensions
PARIS, March 12 (Reuters) - France's economy will slow more this year and next than previously expected as trade tensions hit demand for French exports, the central bank said on Wednesday in its quarterly outlook.The euro zone's second-biggest economy is set to slow from 1.1% growth last yea...Reuters
Wed, Mar 12
REFILE-Trump, Irish leader to meet amid differences on Gaza war, trade
By Gram Slattery WASHINGTON, March 12 (Reuters) - U.S. President Donald Trump will meet with Irish Prime Minister Micheál Martin on Wednesday, with Trump's trade policies and the conflict in Gaza among the potential topics of conversation.The annual White House meeting to mark St. Patrick'...Reuters
Wed, Mar 12
US budget deficit for Trump's first full month in office reaches $307 billion
WASHINGTON, March 12 (Reuters) - The U.S. budget deficit totaled $307 billion for President Donald Trump's first full month in office, up 4%, or $11 billion, from a year ago, the Treasury Department said on Wednesday, even as growth in receipts outpaced that of spending.Receipts totaled $296 bil...Reuters
Wed, Mar 12
METALS-Copper hits multi-month peaks on improved China sentiment, US tariffs
By Eric Onstad LONDON, March 12 (Reuters) - Copper prices touched multi-month highs on Wednesday as traders prepared for potential U.S. tariffs, while investor sentiment got a boost from signs of improving demand in China and a possible ceasefire in Ukraine.Three-month copper on the London Metal ...Reuters
Wed, Mar 12
