News
Important Only
Economic Indicator
INSTANT VIEW-Tamer Feb US CPI may not budge Fed, given tariff picture
March 12 (Reuters) - U.S. consumer prices increased less than expected in February, but the improvement is likely temporary against the backdrop of aggressive tariffs on imports that are expected to raise the costs of most goods in the months ahead.The consumer price index rose 0.2% last month after...Reuters
Wed, Mar 12
Forex
Bolivia turns to crypto for energy imports amid dollar, fuel shortages
LA PAZ, March 12 (Reuters) - Bolivia's state energy firm YPFB will use cryptocurrency to pay for energy imports amid a painful shortage of dollars and fuel in the landlocked South American nation, a company spokesperson and a government official told Reuters on Wednesday.The country is battling ...Reuters
Wed, Mar 12
Commodities
UK favours pragmatism over tit-for-tat tariffs, but all options open
PM Starmer says he will keep all options on the tableUK had hoped for an exemption, now targets trade dealUnited States is UK's second biggest steel export marketBy Kate Holton LONDON, March 12 (Reuters) - Britain did not immediately retaliate to U.S. President Donald Trump's tariffs on s...Reuters
Wed, Mar 12
Economic Indicator
Zara owner Inditex "optimistic" about U.S. despite tariffs
Inditex CEO optimistic about U.S.Americas region accounts for smaller share of sales in 2024CEO says prices will remain stable despite tariffsZara's U.S. prices increased over past yearBy Helen Reid and Corina Pons ARTEIXO, Spain, March 12 (Reuters) - Zara owner Inditex ITX.MC expects to ...Reuters
Wed, Mar 12
Economic Indicator
REFILE-INSTANT VIEW-Tamer Feb US CPI may not budge Fed, given tariff picture
March 12 (Reuters) - U.S. consumer prices increased less than expected in February, but the improvement is likely temporary against the backdrop of aggressive tariffs on imports that are expected to raise the costs of most goods in the months ahead.The consumer price index rose 0.2% last month after...Reuters
Wed, Mar 12
Other
UN's Guterres says he hopes proposed Ukraine ceasefire paves way for just peace
March 12 (Reuters) - United Nations Secretary General Antonio Guterres said on Wednesday that he was hoping for the proposed 30-day ceasefire in Ukraine to materialize and for the truce to pave the way for a just peace.Reuters
Wed, Mar 12
Cryptocurrencies
US inflation falls to 2.8%, lower than expectations
Inflation in the United States came in lower than expected in February, as prices for goods and services increased at a slower rate than virtually all economists had predicted. The Bureau of Labor Statistics (BLS) reported Wednesday that the consumer price index (CPI), which tracks the cost of a wide range of goods and services, […]Cryptopolitan
Wed, Mar 12
Stocks
Nasdaq Sell-Off: Don't Panic; Use This Strategy Instead
With the Nasdaq Composite hitting correction territory earlier this week, which is defined as at least a 10% decline from a recent high, investors may be getting worried. That's normal. In fact, there are a number of things to be nervous about in the near term. The threat of trade wars and a potenti...The Motley Fool
Wed, Mar 12
Other
As UN turns 80, it seeks to cut costs in shadow of Trump uncertainty
By Michelle Nichols UNITED NATIONS, March 12 (Reuters) - The United Nations will get a "facelift" as it turns 80 amid a cash crisis this year, seeking ways to improve efficiency and cut costs, senior U.N. officials said on Wednesday - but don't liken it to the U.S. effort by President...Reuters
Wed, Mar 12
Stocks
Sprinklr rises on upbeat annual revenue forecast, Q4 profit beat
** Shares of enterprise software company Sprinklr CXM.N gain 11.4% to $9 premarket** Co forecasts annual revenue in the range of $821.5 million and $823.5 million, higher than analysts' average estimate of $820.36 million, as per data compiled by LSEG** CXM reports adj. Q4 profit of 10 cents/sha...Reuters
Wed, Mar 12
Stocks
Handbag firm Vera Bradley falls after quarterly revenue drop
** Handbag and luggage company Vera Bradley's VRA.O shares down 21.1% to $2.14 premarket** Company's Q4 net revenue falls 24.9% to $99.96 million** Reports Q4 net loss of $1.69/shr, compared to a loss 6 cents/shr a year earlier** Company says it signed an interest purchase agreement to sell ...Reuters
Wed, Mar 12
Indices
USD steadies, undertone remains weak – Scotiabank
The US Dollar (USD) is trading a little higher overall on the session, but gains are limited and price action suggests the DXY is consolidating recent losses, rather than reversing, at this point, Scotiabank's Chief FX Strategist Shaun Osborne notes.Fxstreet
Wed, Mar 12
Other
Ukraine's Zelenskiy says 30-day ceasefire could be used to draft peace plan
KYIV, March 12 (Reuters) - Ukrainian President Volodymyr Zelenskiy on Wednesday hailed a meeting between the U.S. and Ukraine this week aimed at ending Russia's invasion and said a proposed ceasefire could be used to draft a broader peace deal. The United States said on Tuesday it was res...Reuters
Wed, Mar 12
Commodities
CERAWEEK-Cheniere considering electrification to cut emissions from LNG
HOUSTON, March 12 (Reuters) - Cheniere LNG.N is considering using electric drivers in its LNG production facilities where appropriate to reduce emissions, Robert Fee, the company's senior vice president of international affairs and climate, said on Wednesday.Fee, speaking at the CERAWeek energy ...Reuters
Wed, Mar 12
Commodities
CBOT Trends-Wheat down 2-4 cents a bushel, corn and soy down 8-10 cents
CHICAGO, March 12 (Reuters) - Following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Wednesday. WHEAT - Down 2 to 4 cents per bushel* Wheat futures extend a setback after the most-active contract Wv1 on ...Reuters
Wed, Mar 12
