China's Commerce Ministry announces a tariff of up to 11.7% (prev. 42.7%) on EU dairy products; effective from the 13th of February
This development signals a significant escalation in trade tensions between China and the EU, as the reduction in tariffs on dairy products may open the door for increased EU exports but also reflects ongoing protectionist measures.
CBRT raises its end-2026 inflation forecast to 15-21% (prev. 13-19%)
Nissan Motor (7201 JT) 9-month (JPY): Net income -250.22bln (prev. 5.15bln Y/Y), Revenue 8.58tln (prev. 9.14tln Y/Y). Raises its FY revenue forecast to 11.90tln (prev. 11.70tln) and sees narrower FY operating loss at 60bln
China's Commerce Ministry announces a tariff of up to 11.7% (prev. 42.7%) on EU dairy products; effective from the 13th of February
Samsung (005930 KS) is reportedly preparing to ship its upgraded HBM4E sample product in H2 of 2026
Hungarian Inflation Rate YoY (Jan) Y/Y 2.1% vs. Exp. 2.4% (Prev. 3.3%)
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Keep an eye on how this affects the EUR against the USD, as well as its broader implications for commodity prices, particularly if food exports come under scrutiny. The geopolitical landscape may shift, influencing risk sentiment across equities and currencies.
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