Oil producers cut spending amid rising costs, prioritizing shareholder returns over drilling expansion despite presidential calls.
China’s housing market stabilises as buyer confidence grows, with government support for redevelopment, lending, and affordable housing.
Chinese CPI fell -0.7% year-on-year, signaling deflation and potential stimulus needs amid market pressures.
Thin liquidity at FX market open causes fluctuations. China’s CPI at -0.7% signals deflation, potential policy stimulus.
Bitcoin drops below $83,000 after Trump’s executive order sparks sell-off; government involvement raises market uncertainty.
China’s CPI fell to -0.7% in February 2025, reflecting weak demand and ongoing industrial deflation challenges.
US CPI, BoC rate decision, UK GDP, Norwegian CPI, tariffs, inflation, consumer sentiment, and Fed outlook dominate.
China imposes 100% tariff on Canadian canola, oilcakes, peas, aquatic products, and pork, retaliating against Canada’s tariffs.
US payrolls rose 151,000, below expectations. Powell signaled no urgency on rates. Tariff concerns weighed on markets.
Markets fluctuated amid tariff concerns; midday rally lifted indices, but weekly losses persisted for a third week.
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