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Brazilian fintech Meliuz adopts new treasury strategy to invest in bitcoin
SAO PAULO, March 6 (Reuters) - Brazilian fintech Meliuz CASH3.SA said on Thursday its board of directors had approved a new treasury strategy allowing the company to allocate resources and make investments in bitcoin as it seeks "long-term" returns.The new strategy allows up to 10% of Meliuz...Reuters
Thu, Mar 6
CORRECTED-EMERGING MARKETS-Stocks advance as China rally continues; focus on tariffs
EM debt swept up in global bond sell-offAlibaba's HK shares surge after it unveils reasoning modelGoldman Sachs raises EM's target on AI-driven China rallyECB rate decision at 1315 GMT, Turkey rate decision also awaitedBy Shashwat Chauhan March 6 (Reuters) - An index for emerging markets ...Reuters
Thu, Mar 6
Sterling extends drop versus euro after German fiscal boost
LONDON, March 6 (Reuters) - The pound extended a slide against the euro on Thursday, dropping to its weakest level since January as the single currency benefited from an improving growth outlook after Germany announced plans to massively boost fiscal spending.
Reuters
Thu, Mar 6
COMMENT-Justifying a Riksbank rate cut becomes increasingly challenging
March 6 (Reuters) - A fragile Swedish economic recovery presents a rate cut case, but the Riksbank is having to refocus its policy efforts on inflation and as such, further interest cuts are unlikely.Swedish flash inflation data for February surprised to the upside with the year-on-year CPIF measure...Reuters
Thu, Mar 6
COMMENT-NFP miss could tee up Fed cut in May, damage USD
March 6 (Reuters) - Worse than expected U.S. jobs data on Friday could raise the probability of the Federal Reserve cutting interest rates as early as May, and prompt further selling of the U.S. dollar.The Reuters poll consensus forecast for February's nonfarm payroll number is 160,000. The unem...Reuters
Thu, Mar 6
Pound Sterling holds onto gains against US Dollar as Trump tariff fears ease
The Pound Sterling (GBP) clings to gains near 1.2900 against the US Dollar (USD) in European trading hours on Thursday. The GBP/USD pair exhibits strength as the risk premium of the US Dollar has diminished significantly, with investors expecting the United States (US) President Donald Trump’s...
Fxstreet
Thu, Mar 6
FOREX-Euro holds 4-month peak ahead of ECB policy decision
Euro up more than 4% this week, set for best week in 16 yearsRisk-sensitive sterling rises to 4-month highBeijing's pledge of more stimulus supports yuan, AussieBy Yadarisa Shabong and Kevin Buckland March 6 (Reuters) - The euro held at a four-month high against the U.S. dollar on Thursday, a...Reuters
Thu, Mar 6
