News

ICE data showed that Dutch wholesale natural gas prices rose 24% in the month to 54.2 euros/MWh.

Major European stock indexes continued to decline. Italy's FTSE MIB index fell 3% during the day, the European Stoxx 50 index fell 2.5%, the German DAX index fell 2.7%, and the British FTSE 100 index and FCHI index fell nearly 2%.

Traders no longer expect the Bank of England to cut interest rates for a second time this year.

The yield on British two-year government bonds rose 16 basis points that day to 3.8%, a new high since December 29.

The U.S. State Department urges non-emergency U.S. government personnel in the UAE to leave the country.

Australia has called on people not to panic buy fuel due to the conflict between the United States, Iran and Israel.

British treasury bond yields generally rose by 5 to 9 basis points during the day across various maturities.

The European Stoxx 600 financial sector opened down 1.6%.

The German DAX30 index opened down 455.68 points, or 1.85%, to 24216.72 points on March 3 (Tuesday);The British FTSE 100 index opened down 99 points on March 3 (Tuesday). 54 points, a decrease of 0.92%, to 10680.57 points;The FCHI index opened on March 3 (Tuesday), a decrease of 119.61 points, a decrease of 1.42%, to 8274.71 points;Europe The Stoxx 50 Index opened on March 3 (Tuesday), down 105.42 points, or 1.76%, to 5886.75 points;The Spanish IBEX35 Index opened on March 3 (Tuesday), down 300 points .97 points, a decrease of 1.68%, to 17577.93 points;Italy’s FTSE MIB index opened down 751.90 points, or 1.62%, to 45528.50 points on March 3 (Tuesday).

The number of unemployed people in Spain changed by 3,600 in February from the previous value of 30,400.

Spain's monthly unemployment rate in February was 0.15%, compared with the previous value of 1.26%.

When European stocks opened, the German DAX index, FCHI index, European Stoxx 50 index, and Italian FTSE MIB index all fell by more than 1%, and the British FTSE 100 index fell by 0.83%.

ECB Governing Council Member Villeroy: It would be a mistake to rush to predict interest rate changes.

European natural gas futures prices surged a further 32%.

ECB Governing Council member Villeroy: The French economy’s exposure to tensions in the Middle East is limited.

Traders see a 25% chance that the European Central Bank will raise interest rates by 25 basis points this year.

French Finance Minister: France’s natural gas and fuel stocks are not at risk.

Lane, chief economist of the European Central Bank: European companies can play an important role in developing industry-specific AI applications, allowing medium-sized enterprises to benefit from artificial intelligence.

ECB Chief Economist Lane: The labor force participation rate is higher than expected, and the number of immigrants from outside the EU has also increased. The increase in labor supply helps explain why the European economy continues to grow in the face of many headwinds.

Lane, chief economist of the European Central Bank: High-end consumers in the United States still have strong purchasing power, so European companies continue to successfully export to the United States, especially in high-end luxury goods and technology products.