China's PBoC, NDRC and other agencies provide post-NPC briefing comments; says, they have a solid foundation to achieve its 2026 target
The comments from China's PBoC and NDRC highlight a commitment to proactive macroeconomic policies aimed at meeting growth targets by 2026.
Iranian Foreign Minister says Iran has no choice but to continue fighting, Al Arabiya reports
Maersk (MAERSKB DC) says it has decided to temporarily suspend services connecting the Middle East to the far East and Europe; decision has been taken as a precautionary measure
China's PBoC, NDRC and other agencies provide post-NPC briefing comments; says, they have a solid foundation to achieve its 2026 target
India has asked all its refiners to maximise production of liquefied petroleum gas and make the fuel available only to three state-run companies - Indian Oil (IOCL IS), HPCL (HPCL IS) and BPCL (BPCL IS), a government cited by ET order showed.
Newsquawk Daily European Equity Opening News - 6th March 2026
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- China's State Planner Head says, are will continue to implement more proactive macro policies.
- Will set up national-level M&A fund.
- AI industry scale expected to exceed CNY 10tln.
This stance suggests an accommodating monetary policy, which could lead to a supportive environment for risk assets while potentially exerting downward pressure on the CNY as liquidity increases. The establishment of a national M&A fund and the optimistic outlook for the AI sector further indicate a strategic push for economic transformation.
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