German Chancellor Merz on trade with China says, they welcome any further market opening and it is in their mutual interest
Chancellor Merz's comments reflect a potential thaw in trade relations with China, emphasizing mutual benefits of market openness.
[MARKET ANALYSIS] European bourses firmer as HSBC lifts the banking sector; US equity futures hold onto Anthropic driven gains
Ukraine President Zelensky's negotiators will meet with US counterparts on Thursday. Is targeting a leaders summit in March
German Chancellor Merz on trade with China says, they welcome any further market opening and it is in their mutual interest
Russia and Iran are cutting its oil prices to China, Bloomberg reports citing traders; Russia's Urals grade is selling USD 12/bbl below ICE Brent (prev. USD 10/bbl below), Iranian Light selling USD 11/bbl below ICE Brent (prev. USD 8-9/bbl)
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This could signal increased economic cooperation, which may benefit German exporters and bolster sentiment in Eurozone markets. Monitoring further developments in EU-China trade dynamics will be key for positioning, especially for sectors reliant on exports.
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