News
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HSBC downgrades US stocks, turns bullish on European equities
March 10 (Reuters) - HSBC on Monday downgraded U.S. equities, citing uncertainty around tariffs, while turned bullish on European stocks following boost from Germany loosening its fiscal reforms.The brokerage lowered U.S. equities to "neutral" and raised rating on European stocks, excluding UK...
Reuters
Mon, Mar 10
Downplaying the Decline in Japan's Real Wages: Will the Bank of Japan Hike Interest Rates Earlier?
TradingKey - Although Japan's real wages have declined after two consecutive months of growth, the outlook for wage increases remains positive. This year's spring wage talks are expected to result in the largest wage increase in more than three decades again, and the yield on 10-year Japanese...
Japan govt panel members urge vigilance on rising inflation, rate impact
TOKYO, March 10 (Reuters) - Private-sector members of a key Japanese government panel on Monday urged policymakers to be vigilant to the risks of rising inflation hurting the economy as the country's long-term government bond yields surged to 16-year highs.Reuters
Mon, Mar 10
INSIGHT-Farmers put plans, investments on hold under Trump USDA spending freeze
CHICAGO/WASHINGTON, March 10 - Nate Powell-Palm, an organic farmer outside Belgrade, Montana, was relying on a $648,000 grant from USDA's Agricultural Marketing Service to help build a feed mill - an economic lifeline for about 150 area organic grain farmers.Reuters
Mon, Mar 10
Gold steadies as traders look for direction on Trump tariffs
Gold’s price (XAU/USD) stabilizes and consolidates within a tight range near the $2,900 level at the start of the week. Traders are mulling over comments from United States (US) President Donald Trump after an interview on Fox News over the weekend. When asked about the US economy, President Trump..
Fxstreet
Mon, Mar 10
China's car sales rise 1.3% in first two months of 2025
Car sales +26.1% in Feb vs -12% in JanEV, PHEV sales dwarfed by gasolines for third straight monthAutomakers scramble under BYD-led smart EV price warBEIJING, March 10 (Reuters) - China's car sales inched up 1.3% in the first two months of 2025 from the same period a year earlier, as an expanded...Reuters
Mon, Mar 10
Russian rouble brushes off sanctions threat to firm against dollar
March 10 (Reuters) - The Russian rouble strengthened to a more than one-week high on Monday, brushing aside U.S. President Donald Trump's threat of imposing large-scale sanctions on Russia as Washington pushes Moscow and Kyiv to negotiate a peace deal.Reuters
Mon, Mar 10
The Yen’s Strength Lights Up Japan’s Property Market as Trump Tariffs Loom
TradingKey - As the yen strengthens against the dollar, Japanese real estate emerges as a strategic investment amid global uncertainty fueled by Trump’s trade tensions. Banks highlight Japan’s property sector advantages during inflationary periods: low vacancy rates, stable rental yields, and a...Tesla Shares Suffer the Longest Consecutive Decline in History, but Is the Turning Point Near?
Musk, who has immersed himself in American politics, is steering Tesla into an unprecedented crisis. Tesla's stock price has fallen for seven consecutive weeks, sales in the European and Chinese markets have plummeted, Wall Street investment banks have lowered their target prices, and even Tesla...
TradingKey
Mon, Mar 10
Bitcoin Plays Chicken With Central Banks As Dollar Falls, Says Expert
Bitcoin’s price endured another bout of volatility over the weekend, shedding 5% on Sunday to dip below the $80,000 mark, before settling near $82,000. This latest decline places the cryptocurrency roughly 25% below its all-time high of $109,900. Analysts attribute the downturn to ongoing trade tensNewsBTC
Mon, Mar 10
Pound Sterling holds onto gains against US Dollar amid concerns over US economic outlook
The Pound Sterling (GBP) clings to gains slightly above 1.2900 against the US Dollar (USD) in Monday’s European session. The GBP/USD pair strengthens as the US Dollar struggles to gain ground amid growing concerns over the United States (US) economic outlook. The US Dollar Index (DXY), which...
Fxstreet
Mon, Mar 10
Japan's Nikkei rises in choppy trade as chip shares rally
TOKYO, March 10 (Reuters) - Japan's Nikkei rose in a choppy session on Monday, led by semiconductor-related shares as investors snapped up deals, although uncertainty around U.S. tariff policies limited the index's rise.The Nikkei .N225 briefly slid to its lowest since September 18 at 36,705.02,...Reuters
Mon, Mar 10
METALS-London copper falls on US tariff woes, softer dollar caps decline
NEW DELHI, March 10 (Reuters) - London copper prices edged lower on Monday as traders assessed uncertainties surrounding U.S. tariff policies, although a weaker dollar helped limit the downside.Three-month copper on the London Metal Exchange (LME) CMCU3 fell 0.6% to $9,552 a metric ton as of 0740 GM...Reuters
Mon, Mar 10
US Exceptionalism Takes a Bad Turn: Trump Becomes a "Big Short"?
TradingKey - Trump is waving the flag of tariffs abroad, while Musk is driving a wave of government spending cuts at home. Coupled with the rise of China's technological strength and a major turning point in European policies, the once-unique appeal of US assets is gradually losing its luster.
TradingKey
Mon, Mar 10
PRECIOUS-Gold edges higher on dollar weakness, safe-haven flows
Gold could breach $3,000 level soon, analyst saysTrump U.S. CPI data due on Wednesday, PPI data on ThursdayBy Anjana Anil March 10 (Reuters) - Gold inched higher on Monday, supported by a weaker dollar and safe-haven flows amid fears of an escalating global trade war, while investors awaited furt...Reuters
Mon, Mar 10
CORRECTED-FOREX-Tariff worries drag U.S. dollar, boosts safe-haven yen, Swiss franc
Dollar defensive as tariff worries sap sentimentInvestors buy safe havens yen and Swiss franc Euro steady after best week in 16 years By Ankur Banerjee SINGAPORE, March 10 (Reuters) - The dollar was softer on Monday and trading near its lowest level in four months against major currencies as conc...Reuters
Mon, Mar 10
WTI attracts some sellers to near $66.50 on tariff uncertainty
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $66.45 during the early European session on Monday. The WTI price remains under selling pressure amid concern about the impact of US import tariffs on global economic growth and the risk-off mood. Softer Chinese CPI...
Fxstreet
Mon, Mar 10
Crypto Sentiment Flips Bullish on Trump News—Here’s Why Solana and FX Guys Are Taking Off!
Trump’s surprise shift to support crypto gives digital money a welcome boost. Some believe his policies may help blockchain grow and let people control money more freely. Investors now choose more risky assets. With unclear rules blocking crypto, friendlier policies may bring exceptional returns.
Cryptopolitan
Mon, Mar 10
