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EUR: European defence spending narrative looks overblown – ING
EUR/USD had a decent rally yesterday as investors focused on the explosive rally in European defence stocks. That Europe needs to spend a lot more on defence now is not in doubt. The question is what does it mean for FX?
Fxstreet
Tue, Mar 4
Forex
COMMENT-Large speculative USD/JPY short could limit downside
March 4 (Reuters) - The size of the USD/JPY speculative short could prevent a steeper decline in spot. A larger speculative short position means there is likely to be a corresponding increase in bids and vulnerable buy stops that would likely hinder further falls.The USD/JPY speculative short - deri...Reuters
Tue, Mar 4
Other
Japan trade minister Muto to visit US for tariff exemption, Asahi says
TOKYO, March 4 (Reuters) - Japan's Economy, Trade and Industry Minister Yoji Muto is expected to visit the United States as early as March 10 to meet U.S. Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer, the Asahi newspaper reported on Tuesday citing multiple sourc...Reuters
Tue, Mar 4
Commodities
Aramco CEO says OPEC+ supply decision will positively impact company
DUBAI, March 4 (Reuters) - Saudi Arabia's state oil giant Aramco will benefit from Monday's decision by OPEC+ to proceed with a planned April oil output hike, it's chief executive said on Tuesday. The market is cyclical and the upside is with Saudi Aramco as it is sitting on 3 million ba...Reuters
Tue, Mar 4
Stocks
Europe's defence stocks extend rally as Trump pauses U.S. military aid to Ukraine
March 4 (Reuters) - European defence company shares rallied for a second day on Tuesday, after U.S. President Donald Trump paused military aid to Ukraine.Shares in Rheinmetall RHMG.DE, which provides parts for the Leopard 2 tank, were up around 3%, while sensor maker Hensoldt HAGG.DE soared 16% and ...Reuters
Tue, Mar 4
Commodities
Japan offers to buy 94,282 tons of food wheat via tender
TOKYO, March 4 (Reuters) - Japan's Ministry of Agriculture, Forestry and Fisheries (MAFF) is seeking to buy a total of 94,282 metric tons of food-quality wheat from the U.S, Canada and Australia in a regular tender that will close late on Thursday.Japan, the world's sixth-biggest wheat impor...Reuters
Tue, Mar 4
Other
Beazley posts FY combined ratio of 79%, top line hits $6.16 billion
By Ryan HewlettMarch 4 - (The Insurer) - Beazley reported an undiscounted combined ratio of 79% in its annual results announcement on Tuesday, with the London-listed carrier disclosing an initial loss estimate for January’s California wildfires in the region of $80 million.Profit before tax increase...Reuters
Tue, Mar 4
Cryptocurrencies
Cardano 125% Pump Coming? Analyst Says ADA ‘Could Be Poised’ For Rally To $2.20
On Sunday, Cardano (ADA) saw a massive 80% pump following the US President’s announcement of a “Crypto Strategic Reserve” that will include ADA. As the cryptocurrency retests its key support levels, some analysts believe it might be poised for a 125% rally from current levels. Related Reading: Dogec...NewsBTC
Tue, Mar 4
Stocks
Got $100? Buy This Top Dividend Stock and Never Look Back.
Dividend stocks are wealth-creating investments. The average dividend payer has significantly outperformed non-dividend stocks over the long term. They've produced an average annual total return of 9.2%, compared with 4.3% for non-payers over the past 50 years, according to data from Ned Davis Resea...The Motley Fool
Tue, Mar 4
Stocks
UK Stocks-Factors to watch on March 4
March 4 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening down on Tuesday, with futures FFIc1> down 0.57%.* SHELL: Shell SHEL.L announced its director of Integrated Gas And Upstream, Zoe Yujnovich, will step down and named insiders Cederic Cremers as president, Integrated Gas, and Pe...Reuters
Tue, Mar 4
Cryptocurrencies
Who is Oscar winning actress Mikey Madison, the star of Anora?
Mikey Madison has been biding her time over the past decade before reaching global stardom, and now she can confidently say she has done so. The 25-year-old, who stars as the title character in the 2024 film Anora, can not only take a bow for winning Best Actress at the BAFTA Awards but also for [&#...Bitcoinist
Tue, Mar 4
Other
Euro zone bond yields fall as U.S. tariffs take effect
LONDON, March 4 (Reuters) - Euro zone bond yields fell in early trading on Tuesday as traders reacted to U.S. President Donald Trump's new 25% tariffs on imports from Mexico and Canada taking effect and duties on Chinese goods doubling.Reuters
Tue, Mar 4
Other
France must spend more on defence, and faster, French finance minister says
PARIS, March 4 (Reuters) - France must spend more on defence and faster, French Finance Minister Eric Lombard said on Franceinfo on Tuesday, adding that to be able to do that, France will have to "make efforts" elsewhere.Reuters
Tue, Mar 4
Other
Ukrainian lawmaker says Trump military aid pause looks like attempt to push Kyiv towards capitulation
KYIV, March 4 (Reuters) - U.S. President Donald Trump's pause of all military aid to Ukraine looks like he is trying to push Kyiv towards capitulation on Russia's terms, a senior Ukrainian lawmaker said on Tuesday."To stop aid now means to help (Russian President Vladimir) Putin," Oleksandr...Reuters
Tue, Mar 4
Stocks
LIVE MARKETS-Before the bell: Tariff woes, defence points higher
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comBEFORE THE BELL: TARIFF WOES, DEFENCE POINTS HIGHEREuropean shares were set fall back from record highs at the open on Tuesday as new U...Reuters
Tue, Mar 4
Forex
AUD/JPY trades near 93.00, downside risks appear amid tariff concerns
AUD/JPY continues its decline, hovering around 92.80 during early European trading on Tuesday. The Australian Dollar (AUD) remains under pressure after the White House confirmed that US President Donald Trump signed an order raising tariffs on Chinese imports to 20%. Given China’s crucial role as...
Fxstreet
Tue, Mar 4
