Italian Balance of Trade (Feb) 4.944B vs. Exp. 3.83B (Prev. 1.089B)
The Italian balance of trade for February came in significantly above expectations, suggesting stronger export performance or weaker imports than anticipated.
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)
Italian Balance of Trade (Feb) 4.944B vs. Exp. 3.83B (Prev. 1.089B)
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 beat relative to the prior month also indicates a positive shift in trade dynamics for Italy, which could have implications for the Euro's strength and overall economic outlook, potentially influencing market perceptions of growth in the eurozone.
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