Germany and Spain are said to push back on Europe’s plans to ban Huawei gear, reports suggest
Newsquawk Staff ·
Germany and Spain are said to push back on Europe’s plans to ban Huawei gear, reports suggest.
- PRE-MARKET AUSTRALIAN STOCK NEWS: CSL names new CEO and faces class action; Fortescue Q1 sales hit by CMRG talks; Garda upgrades FY27 guidance on AUD 300mln portfolio sale
- CRUDE WRAP: WTI (Z6) SETTLES USD 0.67 LOWER AT 97.15/BBL; BRENT (X6) SETTLES USD 0.03 HIGHER AT USD 108.82/BBL
- [MARKET UPDATE] Risk-on trade seen at 12:39EDT/17:39BST with desks citing OFAC authorising offloading of some cargo involving some blocked vessels; Downside in oil, equity futures hit new session highs, gold and bonds rallied, while USD saw pressure
- Canadian PM Carney is expected to announce tariff support measures for the steel and automotive sectors
- China and the EU promise deeper antitrust enforcement cooperation and to uphold fair competition across global markets
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