China’s Politburo plans proactive policies, stabilising markets, managing risks, and addressing external shocks amid economic uncertainty.
Trump confirmed tariffs, strengthening USD; DXY may hit 108. Equities fell, crypto dropped 20%, trade deficit remains.
Japan’s January 2025 housing starts fell 4.6% year-on-year, exceeding expectations and impacting economic sentiment. USD/JPY at 149.75.
Hesse’s CPI rose 2.3% year-on-year in February, down from 2.5% in the previous month.
Japan’s PM Ishiba revised the FY25/26 budget to JPY 115.2 trillion, impacting subsidies, taxes, and funding sources.
CPI in Saxony rises, EUR/USD steady, GBP/USD affected by tariffs, Gold falls as US dollar strengthens.
The US dollar surged, weakening AUD, NZD, gold, GBP, and EUR. Bitcoin dropped below $80K, while Japan’s inflation softened.
Core PCE inflation is projected to drop, influencing Federal Reserve policy and potential market reactions on Friday.
Ed Miliband will visit China on March 17 to discuss UK-China energy cooperation and engage with investors.
Emini S&P dropped from resistance, Nasdaq fell below 21000, and Dow Jones collapsed to target support.
