EU Current Account (Feb) 21.09B (Prev. 13B)

The EU current account surplus for February has risen significantly to 21.09 billion from the previous 13 billion, indicating stronger net exports or improved balance on services and income.

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Chinese scientists have reportedly developed diamond coating, which could improve cooling efficiency of AI data centeres by around 80%, SCMP reports

China has reportedly fined 7 e-commerce platforms for CNY 3.6bln over food delivery scandal, state TV reports; companies include Pinduoduo (PDD), Meituan (3690 HK) and JD.com (9618 HK)

EU Current Account (Feb) 21.09B (Prev. 13B)

IRNA states that security and traffic measures have been intensified in Islamabad, preparing itself for a major international event, while highlighting that Pakistani officials have not yet confirmed or denied any negotiations, Iran International reports

Shanghai weekly copper inventories: 240.5k (prev. 266.5k)

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This improvement could bolster the euro's appeal, suggesting a positive outlook for the EU economy, which may impact monetary policy discussions ahead.

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