News

Germany's seasonally adjusted trade balance in January was 21.2 billion euros, compared with the expected 15.7 billion euros. The previous value was revised from 17.1 billion euros to 17.2 billion euros.

Morgan Stanley expects the Bank of England to cut interest rates by 25 basis points each in April and November this year, and again in February 2027. The previous forecast was for interest rate cuts in March, July and November 2026.

Germany's seasonally adjusted trade balance for January is due in ten minutes.

Indian Trade Minister: The government will take measures to provide insurance and shipping support to exporters affected by the Iran crisis.

Volkswagen: Expects to cut around 50,000 jobs in Germany by 2030.

Volkswagen: Sales revenue in fiscal year 2025 is 321.9 billion euros.

Qantas: Flights to and from Europe continue to operate as planned.

The FAA's status page shows that JetBlue's grounding order has been lifted.

Japan Petroleum, Natural Gas and Metals National Corporation: The spot CIF price of Japanese LNG in February was US$10.40/million British thermal units; the spot contract price of LNG in February was US$11/million British thermal units.

Renault: Targets to sell more than 2 million cars per year by 2030, half of which will be sold outside Europe.

Large model concept stocks in Hong Kong stocks rose again. MINIMAX-WP (00100.HK) rose by more than 15% and set a new high since its listing. Zhipu (02513.HK) rose by more than 10%.

RBA Vice Chairman Hauser: Consumption and other data are lower than expected.

Market news: Germany temporarily evacuates its embassy staff in Iraq.

RBA Vice Chairman Hauser: There will be a very serious policy discussion at the committee meeting, and both sides will put forward their own arguments.

RBA Vice Chairman Hauser: Rising oil prices obviously pose an upward risk to our inflation forecast, but the situation is still changing, and the uncertainty about the development of the situation in Iran is extremely high.

RBA Vice Chairman Hauser: The Australian economy is in good shape in many aspects.

RBA Vice Chairman Hauser: It may be a bit pessimistic for the inflation rate to hit a peak of 5%.

RBA Vice Chairman Hauser: Our response depends on the size and duration of the price shock, which is very uncertain.

RBA Vice Chairman Hauser: Recent data seem to confirm more clearly that the economy has limited spare capacity.

RBA Vice Chairman Hauser: Oil price fluctuations and the situation in the Middle East "are real challenges for us."