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RPT-In deflation-hit China, one store holds flash sales four times a day
Deflation worries deepen as China CPI hits -0.7% y/y in FebruaryBeijing store tries 'flash sales' to draw customersPersistent deflation poses risks to growth, analysts warnBy Liangping Gao and Marius Zaharia BEIJING/HONG KONG, March 10 (Reuters) - Leo Liu, manager of the sprawling Wankela...Reuters
Mon, Mar 10
White House pushes back against recession talk as household worries grow, stocks tank
Tariff uncertainty to be resolved in April, tax cuts to boost economy, Hassett says US stock markets plunge to 6-month lowsUS households grew more pessimistic about their prospects, New York Fed survey showsBy Andrea Shalal and Timothy Aeppel WASHINGTON/NEW YORK, March 10 (Reuters) - A key econom...Reuters
Mon, Mar 10
TREASURIES-Yields decline on growth fears, stock market drop
By Karen Brettell NEW YORK, March 10 (Reuters) - U.S. Treasury yields fell on Monday with those on interest-rate-sensitive 2-year notes on track for their largest daily drop since September after U.S. President Donald Trump declined to rule out a recession as a result of his tariff policies. In ...Reuters
Mon, Mar 10
Mexican Peso tumbles as Consumer Confidence deteriorates, US recession fears
The Mexican Peso depreciates against the US Dollar on Monday, snapping four days of consecutive losses against the emerging market currency as investors eye the release of crucial inflation figures in the United States (US).
Fxstreet
Mon, Mar 10
Fed to deliver rapid-fire rate cuts if economic downturn happens, traders bet
Futures markets price in rate cuts for June, July, OctoberFed chief Powell says central bank in no rush to cut ratesEconomists warn of inflation risks from tariffs March 10 (Reuters) - The Federal Reserve won't lower interest rates at its policy meeting next week, but could deliver the first ...Reuters
Mon, Mar 10
US container imports at near-record level in February, tariff risks loom
By Lisa Baertlein LOS ANGELES, March 10 (Reuters) - U.S. container import volumes increased 4.7% year-on-year in February, but could cool in coming months as the U.S. trade war with China and other key trading partners takes hold, supply chain technology provider Descartes DSG.TO said on Monday. ...Reuters
Mon, Mar 10
EU explores joint defence funding as US commitment wavers
EU finance ministers discuss joint borrowing for defense fundingGermany supports EU borrowing for joint defense projectsDebate over buying European vs. non-European weapons systemsBy Jan Strupczewski BRUSSELS, March 10 (Reuters) - European Union finance ministers on Monday began discussing how to...Reuters
Mon, Mar 10
US LNG accounts for nearly a third of Spanish gas imports so far this year
MADRID, March 10 (Reuters) - Imports of liquefied natural gas from the United States rose to 31.8% of Spain's total gas imports in January and February from just over 27% a year ago, while imports of Russian LNG declined, data showed on Monday. Europe is absorbing most U.S. LNG exports du...Reuters
Mon, Mar 10
US insurance stocks retreated 3% last week amid Wall Street’s worst weekly performance since September
By Carlos PallordetMarch 10 - (The Insurer) - The North American insurance composite, compiled by Stonybrook Capital and Weild & Co, fell 2.9% in the week to Friday, with all but one of the 12 industry groups in the composite ending in negative territory.The S&P 500 index closed the week dow...Reuters
Mon, Mar 10
TREASURIES-US yields drop on economic growth fears
By Karen Brettell NEW YORK, March 10 (Reuters) - U.S. Treasury yields fell on Monday with those on benchmark 10-year notes on track for their largest daily drop since mid-February after comments by U.S. President Donald Trump on Sunday raised concerns about an impending U.S. recession.In an inter...Reuters
Mon, Mar 10
FACTBOX-Major brokerages continue to expect slower pace of Fed rate cuts after payrolls data
March 10 (Reuters) - Major Wall Street brokerages backed their predictions for a slower pace of interest-rate cuts by the Federal Reserve in 2025, after data showed the U.S. economy created fewer jobs than expected in February and as President Donald Trump's tariff announcements add to economic ...Reuters
Mon, Mar 10
