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European Central Bank meeting this week – “Cheat sheet”

European Central Bank meeting this week – “Cheat sheet”

The European Central Bank (ECB) is widely expected to cut interest rates by 25 basis points on Thursday, March 6, a move that markets have already fully anticipated. With the deposit rate set to drop to 2.5%, attention will turn to President Christine Lagarde’s stance on monetary policy—specifically, whether she continues to describe it as […]

CEO of Australia's largest bank expects RBA rate cuts not coming until later in the year

CEO of Australia's largest bank expects RBA rate cuts not coming until later in the year

Commonwealth Bank of Australia (CBA) CEO Matt Comyn Australia’s easing cycle would be “slower and shallower” than what people had been expecting further rate cuts would not arrive until later in the year Australia “clearly not out of the woods” when it came to inflation further rate cuts would “hinge on [economic] data points”. *** […]

Australia’s Retail Sales rebound in January, rising 0.3% m/m vs. 0.3% expected

Australia’s Retail Sales rebound in January, rising 0.3% m/m vs. 0.3% expected

Australian retail sales rose 0.3% in January, as consumer spending picked up amid easing inflation and tax cuts. rebounding from a 0.1% decline in December, the January increase, reported by the Australian Bureau of Statistics (ABS), was in line with analysts’ expectations. On an annual basis, retail sales were up 3.8% ABS highlighting food-related spending […]

ECB to cut by 25bp this week – focus is on signalling what's to come

ECB to cut by 25bp this week – focus is on signalling what's to come

Deutsche Bank forecasts that the European Central Bank (ECB) will lower its policy rate by 25 basis points to 2.50% on March 6, bringing the total cuts so far to 150 basis points. The move is expected as the ECB continues to adjust monetary policy amid evolving economic conditions, including trade tensions and increased defence […]

Trump Orders Pause on Military Aid to Ukraine After Zelensky Oval Office Spat

Trump Orders Pause on Military Aid to Ukraine After Zelensky Oval Office Spat

President Trump No More Military Aid For Ukraine!!! Published March 3, 2025 5:59 PM PST More fallout from the Oval Office spat between President Donald Trump and Ukrainian President Volodymyr Zelensky … Trump is now pausing military aid to Ukraine. The White House confirmed the move Monday … with officials telling news outlets the U.S. […]

Canada confirms 25% retaliatory tariffs on US imports it Trump's imposts go into effect

Japan prime minister Ishiba says not pursuing so-called currency devaluation policy

Canada reciprocal tariffs statement from prime minister’s office Canada will impose retaliatory tariffs on U.S. imports from Tuesday if U.S. tariffs go into effect Canada will start with 25% tariffs on U.S. imports worth C$30 billion from Tuesday Should U.S. tariffs not cease, we are in active and ongoing discussions with provinces and territories to […]