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'A day of celebration': What the blockbuster EU-India trade deal means for auto giants
CNBC· 2026-01-27 11:24
In this articleRNO-FRBMW-DEVOW3-DEIndia's Prime Minister Narendra Modi (C) poses for a photograph with European Commission President Ursula von der Leyen (R) and European Council President Antonio Costa before their meeting at the Hyderabad House in New Delhi on January 27, 2026.Sajjad Hussain | Afp | Getty ImagesA landmark trade deal between the European Union and India has been lauded as a major breakthrough for Europe's biggest carmakers, although analysts have flagged competition concerns in one of the ...
Global Markets Grapple with Geopolitical Tensions, Monetary Policy, and Tech Oversight
Stock Market News· 2026-01-26 09:08
Geopolitical Tensions and Economic Responses - France is organizing a G-7 Finance call to coordinate international aid for Ukraine's energy infrastructure, following severe damage to Ukraine's power grid from Russian attacks, leaving millions without electricity and heating [3] - The European Union is deploying 447 emergency generators to Ukraine, valued at 3.7 million euros, to support critical services [3] - UNESCO has expressed concern over damage to the Kyiv-Pechersk Lavra and threats to the Saint Sophia Cathedral, both World Heritage sites, due to ongoing conflicts [4] Currency and Commodity Markets - The South African Rand (ZAR) has appreciated past 16/$ for the first time since June 2022, trading at 16.0475 against the dollar, up approximately 0.4% from the previous close, driven by record-high gold prices above $5,000 an ounce and an improved economic outlook [6] - OPEC+ is likely to maintain its supply pause in March amid signs of a surplus in global oil markets, with oil futures declining 15% this year to around $63 a barrel [7] International Trade and Digital Regulation - Canadian Prime Minister Mark Carney stated Canada has no intention of pursuing a free trade deal with China, responding to U.S. tariff threats of 100% on Canadian goods [8] - The EU Commission is initiating proceedings against xAI's Grok chatbot under the Digital Services Act due to concerns over inappropriate content generation [10]
X @外汇交易员
外汇交易员· 2025-12-18 07:22
商务部新闻发言人何亚东:中欧双方正在就电动汽车案开展磋商。中方的原则和立场是一贯的,愿与欧方通过对话磋商妥善解决分歧。推进达成行业整体解决方案,希望欧方与中方相向而行,切实落实中欧领导人会晤重要共识,真正拿出诚意。 ...
X @Bloomberg
Bloomberg· 2025-12-12 12:30
The European Union will impose higher fees on small packages starting next year in an attempt to curb the influx of parcels coming mostly from China https://t.co/xVOvJT4e6S ...
The Importance of Having a Reserve Currency
Global Currency Dynamics - A country's currency becomes the preferred global medium of exchange when it leads international trade [1] - This currency then becomes the preferred storehold of wealth and the world's leading reserve currency [1] - Historically, the Dutch Gilder, British Pound, and US Dollar served as reserve currencies when their respective countries led world trade [1] - China's currency is increasingly being used as a reserve currency [2] Reserve Currency Advantages - Having a reserve currency allows a country to borrow more than others [2] - Countries without a reserve currency do not have the same borrowing advantage [2] - A country with a reserve currency can print more money when it runs out [3] Potential Risks - The privilege of having a reserve currency can lead to increased borrowing and the beginning of a financial bubble [3] - This can create mutually supportive financial, political, and military powers [3] - Historically, empires have followed this path to power [4]
X @The Economist
The Economist· 2025-11-23 15:00
Uncertainty hangs over North America in 2026. Hosting a bunch of men kicking a football will be child’s play alongside the decisions about the United States-Mexico-Canada Agreement that will follow https://t.co/jfpuFKqZ0k ...
HSBC: Companies have a better outlook than 6 months ago
Youtube· 2025-11-18 16:48
Core Insights - Companies are generally more optimistic and better prepared than six months ago, having taken proactive steps to mitigate the impact of tariffs and navigate policies [2][4][6] - Over 80% of corporates are looking to expand into new markets and engage in international trade, which is contrary to expectations during turbulent times [4] Group 1: Company Preparedness - Companies have implemented a range of strategies including renegotiating payment terms, seeking cost efficiencies, diversifying suppliers, and expanding operations [3][4] - The level of preparedness varies significantly by region, with US and Indian companies being more prepared compared to those in Hong Kong and Italy [4] Group 2: Market Dynamics - The sentiment in the market is more positive than it was six months ago, despite ongoing challenges [6] - In B2C markets, price is a critical factor, while B2B markets prioritize resilience and customization, indicating a potential shift in supplier relationships [7]
X @The Economist
The Economist· 2025-11-17 22:20
Uncertainty hangs over North America in 2026. Hosting a bunch of men kicking a football will be child’s play alongside the decisions about the United States-Mexico-Canada Agreement that will follow https://t.co/slpotvob2y ...
X @Bloomberg
Bloomberg· 2025-11-17 16:50
Nigerian trade with other African nations grew 14% in the first half of the year, after the government strengthened regional ties, the country’s head of customs said https://t.co/xfNDc1N145 ...
X @Bloomberg
Bloomberg· 2025-11-16 08:10
Industry Trend - German exporters are increasing investments in new projects in China, despite government warnings [1] - These investments are deepening the economic ties between German exporters and China [1]