Australia Economy News Today Live

ECB’s de Guindos: ECB sees energy inflation behaving relatively well  Forex FactoryECB’s Rehn: Forecasts, indicators of core inflation suggest that inflation will align with 2% target  FXStreet

CNBC Daily Open: U.S. consumers are feeling bad and expect inflation to spike  CNBCConsumer sentiment plunges as US ‘frightened’ of ‘sharply higher prices’  Al Jazeera English

How Can Canada’s Retail Renaissance Survive the Onslaught of Trump’s Tariffs?  The Business of FashionTariff-wielding trade warrior Trump is taking on the world, and the world is fighting back  ABC NewsList of products from the United States subject to 25 per cent tariffs effective March 13, 2025  Canada.caTariffs led to the worst economic own-goal of all time. Now Trump is repeating it  Sydney Morning HeraldTrump’s tariffs may end up blowing up the US dollar hegemony  Al Jazeera English

US-EU tariff clash imperils $9.5 trillion of business, AmCham warns By Reuters  Investing.comAlmonds, whiskey, auto parts: EU’s retaliatory tariffs set up these U.S. states and local products as the biggest losers  CNBCUS-EU tariff clash imperils $9.5 trillion of business, AmCham warns  Yahoo FinanceWho’s hit by tariff war crossfire? Wine, plastics and pulp top list of sectors  MSN

China Home Prices Fall at Faster Pace Despite Revival Efforts  BloombergChina’s home prices dip slightly in February due to holiday impact  CGTNQuality homes — new vision for China’s property sector amid market adjustment  China Daily

China Sees Rare Drop in Winter Power Output on Warmer Weather  BloombergChina power generation dips in Jan, Feb for only third time since the 1990s  TradingViewChina’s thermal power generation down 5.8% year-on-year in Jan-Feb  TradingView

Open mike 17/03/2025  The Standard

China Jan – Feb 2025 Retail sales 4% y/y (exp 4%) Industrial production 5.9% (exp 5.3%)  ForexLiveSigns of consumer pick-up as China fights off tariff hit  The Australian Financial ReviewChina’s retail sales strengthen at the start of the year, industrial output tops expectations  CNBCChina’s economy improved at the start of 2025, but challenges remain  The Associated Press

Situationer: Banks push back on power debt plan  DAWN.com

US recession fears, tariff tantrums may dim IT growth  The Economic TimesWhat a US Recession Would Mean for the Global Fashion Industry  The Business of FashionShrinking IT deals dealt another blow by Donald Trump’s tariff war  Moneycontrol

New Zealand surveyed economists show a downward revision to the near-term growth outlook  ForexLiveEconomists trim back expectations of future GDP growth  Interest.co.nzHave we escaped recession? Experts on what to expect this week  New Zealand HeraldCrawling back out of recession: Economy likely grew in the final quarter  RNZThe economy has found its forward gear again  Interest.co.nz

Retail Suppliers ‘Completely Under the Gun’ Amid Tariff Pressure  PYMNTS.comChina investigating Walmart’s attempts to cut costs amid trade war with US, report says  Arizona’s FamilyWalmart feels the heat in China after Trump imposes tariffs  CNN

Banks Boom And Shoppers Scrimp a Year After Japan’s Rate Pivot  Yahoo FinanceBoJ: Financial institutions have sufficient capacity to absorb losses  FXStreetJapan lenders saw profitability rise due to higher rates, BOJ says  TradingView

China launches special initiatives to boost consumption and raise incomes  FXStreetChina unveils plan to boost consumption as Trump tariffs bite  CNNOil prices jump, China’s stimulus boosts Asia shares  The Canberra TimesChina stimulus to boost consumer & are bear market fears justified?  SBS NewsChinese stocks close at three-month high, leading gains in Asia, despite fall on Wall Street  CNBC

Weekend – China city Shenzen announced eased housing finance rules  ForexLiveShenzhen Eases Housing Loan Rules To Boost Market  Evrim Ağacı

Australian Treasurer warns of higher inflation to come, jobs hit also  ForexLiveVIDEO: Leading budget watcher warns Australia’s economic luck could be running out  ABC NewsChalmers reveals Alfred’s damage to the budget, inflation and growth  The AgeCyclone Alfred to cost budget $1.2 billion, hit growth and push up inflation: Chalmers  The Conversation Indonesia

Cover Story: The Great Wealth Migration: Why the Ultra-Rich Are Fleeing Britain  Caixin GlobalMoving Abroad from the UK: Best Countries for HNWIs  Nomad Capitalist

Fiji eyes growth in Chinese market  FBC NewsFiji reporter: China-funded road will improve livelihoods  CGTN

Can Australian small businesses survive Trump turmoil?  The AgeView Full coverage on Google News

Smart appliances, smarter economy: Reviving China’s growth through innovation  Pearls and IrritationsChina’s Home Appliance Exports Grow as Makers Eye Emerging, High-End Markets  Caixin Global

‘Greece’s economic model remains unchanged’  Kathimerini English Edition

Support for private sector reiterated  China DailyXi Jinping’s article on public, non-public sectors to be published  CGTNLegal Talk with Hou Na: NPC Deputy Chui Saipeng on Chinese law efficiency  CGTN

Industrial workers in Germany demonstrate, urge more investment | Daily Sabah  Daily Sabah

Uzbeks flock to South Korea even as economy weakens  Nikkei AsiaSouth Korea turns to landlocked Uzbekistan to fill gaps in shipbuilding workforce  Splash 247Korean shipbuilders, which have high expectations for orders from Trump, are making every effort to  매일경제Korea to train Uzbek workers for shipbuilding jobs  코리아타임스Vocational training center for work in South Korea to open in Ferghana  UzDaily.uz

Developing states outperform developed economies in 2024  DAWN.comGlobal trade in 2025: Resilience under pressure  UNCTADGlobal Trade Update (March 2025)  UNCTADGlobal trade hits record $33 trillion in 2024, driven by services and developing economies  UNCTADGlobal trade hits record $33tn in 2024, growing by 3.7%: UNCTAD  Arab News

Experts advocate circular economy  The Express Tribune

S. Korea’s household debt to GDP ratio at world’s 2nd highest: data  The Korea HeraldKorea’s household debt to GDP ratio at world’s second highest: data  The Korea JoongAng Daily

China should choose ‘right timing and strength’ for monetary easing, state media says  ReutersPBOC signals measured path for monetary easing  China DailyPBOC: Will cut interest rates and RRR at a proper time  FXStreet

Small business owners are working harder than ever to ride out tough conditions — at a personal cost  ABC NewsAustralia faces ‘deleterious consequences’ unless government aids struggling business  Sky News Australia

Ten indicators explain what’s going on with America’s economy  The EconomistEven good news about the economy is bad news now  CNNEconomic alarm bells are ringing everywhere  AxiosFacts About The Stock Corrections, Tariffs, And Consumer Confidence  ForbesUS growth and policy fears continue to weigh – Equity markets later improved  FXStreet

Millennial leaves ‘dream job’ in Australia for cheap life overseas: ‘Rent for $300 a month, dinner is $3’  Yahoo Finance AustraliaI moved to Australia to pursue my dream job… but this is the ugly truth on why I decided to give it all up a  Daily MailI moved to Australia to pursue my dream… But I decided I had enough  MSN

How Worried Should You Actually Be About a Recession?  InvestopediaColumn | How to prepare for a recession before it’s too late  The Washington PostWhat is a recession, and is it possible to prepare for one?  ABC News5 actions to take now ahead of a possible recession  Business Insider

Watch S&P Global ‘s Wittstruck Walks Us Through Shutdown Vote  BloombergBloomberg Daybreak: Optimism on Shutdown Talks  BloombergS&P Global ‘s Wittstruck Walks Us Through Shutdown Vote  Marketscreener.com

The Rise Of Trumpvilles – Project 2025 Drives Economic Displacement  Forbes

How many eggs can you send? U.S. asks countries to help lower soaring prices  Reuters

Donald Trump Is Going to Destroy American Manufacturing  The American ProspectTrump’s tariffs face long odds in bid to bring factories home  The Washington Post

UK economy shrinks unexpectedly in blow to Rachel Reeves  The GuardianUK economy sputters, underlining growth challenge  The Canberra TimesPressure on the Chancellor as GDP disappoints  Proactive Investors AustraliaShrinking economy offers unhelpful backdrop for Rachel Reeves’s growth push  The GuardianUK economy shrinks in January; stocks and euro jump on German debt deal – as it happened  The Guardian

France Consumer Price Index – Final Results (CPI) – February 2025  Forex FactoryFrench consumer inflation confirmed at +0.9% y/y in February  TradingViewFrench consumer prices rise by 0.9% in February, meeting expectations  Investing.com Australia

China’s Economy Forecast to Show Resilience as Trade War Begins  Yahoo FinanceChina’s exports miss forecasts as U.S. tariffs hit, imports record sharpest decline since July 2023  CNBCChina’s imports shrink as demand skids, trade war heats up | Daily Sabah  Daily SabahChina hits record exports in rush to beat US tariffs  台北時報China’s Jan-Feb exports hit record high, foreign trade off to stable start  Global Times

ECB’s Lagarde Warns of Severe Global Fallout From a Trade War  BloombergTrump’s trade war a ‘wake-up call’ for Europe: Lagarde  The Canberra TimesECB’s Lagarde warns of severe economic hit from Trump’s trade wars  Yahoo Finance Australia

Solution to housing crisis is staring us in the face  news.com.au

Egg prices are rapidly falling so far in March  CNBCWhat’s the latest on the price of eggs? How consumers are adapting  USA TODAYEgg Prices Don’t Need to Be Investigated—It’s Just Supply and Demand  Cato InstituteNational average wholesale price of eggs drops for 3rd week in a row  ABC News

Agricultural prices increase in Q4 2024  European Commission

Is the US headed for a recession in 2025? Trump’s impact on economy and stock market, explained.  Vox.comWall Street’s recession odds are starting to look like a coin flip as Trump refuses to back down on his trade war  FortuneTrump’s war sets up America for a painful future  Sydney Morning HeraldTrump Is Unleashing a Chaos Economy  The Atlantic

As it happened: Power prices to increase up to 8.9 per cent; Fallout from Trump’s tariffs continues  The AgeState and federal governments scold regulator over power price hikes, urging a cost-of-living rethink  ABC NewsBillions in cost-of-living relief is coming Australia’s way this federal budget. Here’s what you can expect  9NewsContinuing to let climate change rip will only drive up power prices  The Canberra Times

What are the main events for today?  ForexLiveForex Today: Risk recovery loses steam ahead of mid-tier data releases  FXStreetUS Dollar in choppy mode ahead of PPI and Jobless Claims data  MitradePPI, jobless claims take center stage in Thursday’s economic lineup By Investing.com  Investing.com Australia

WH Advisor Hassett: Expects US GDP to be 2%-2.5% in Q1  ForexLive

Trump’s erratic policy is harming the reputation of American assets  The EconomistHow Trump shattered exuberance for the US economy  The Australian Financial ReviewEurope, China shine as US exceptionalism fades  TradingViewChina humiliates US as markets crash  news.com.auA look back at the lessons from the Davos divergence  ForexLive

If you think the current outlook is bad, just wait until the White House can’t find anyone to buy its debt, warns Ray Dalio  FortuneRay Dalio warns that mounting U.S. debt problems could lead to ‘shocking developments’  CNBC

Inflation rate eased to 2.8% in February, lower than expected  CNBCS&P 500 closes higher on soft inflation report, Nasdaq jumps 1% as traders snap up tech shares  CNBCInflation cools in first full month of Trump term but egg prices soar  ABC NewsUS inflation eases, as economists await impact from Trump’s tariffs  The Australian Financial ReviewHow Bad Is Inflation? A Quick Data Snapshot  U.S News & World Report Money

Russia’s alcohol production plummets amid tax hikes and anti-drinking measures  The Drinks Business

Even as US slashes jobs, ‘it is the calm before the storm’, economists warn  Al Jazeera EnglishDonald Trump: US economy adds 151,000 jobs, slightly missing estimates  The Australian Financial ReviewUS unemployment rate rises to 4.1% as economy added 151,000 new jobs in February – as it happened  The GuardianThe US economy added 151,000 jobs last month and the unemployment rate rose to 4.1%  CNNUS employers add a solid 151,000 jobs last month though unemployment up to 4.1%  The Associated Press

Russia’s Budget Deficit Grows to 1.3% of GDP in January-February  The Moscow TimesRussia’s budget gap widens to $31.5B in January-February period | Daily Sabah  Daily Sabah

US small businesses lose confidence in economy as Trump trade war fears hit dollar – business live  The GuardianSmall business owners seem to feel fine in the chaotic Trump era. Why?  The GuardianUS business owners share renewed optimism for Trump’s economy, unfazed by tariffs and DOGE  Fox BusinessSmall business uncertainty about the economy spikes to the second-highest level since 1973  CNNThe backbone of the US economy flashes stagflation warnings as uncertainty spikes on tariffs and layoffs — ‘storm clouds are forming’  AOL

China unveils big plan to fix its ailing economy and transform into a high-tech power  CNNChina’s growth goal will need big stimulus If trade war escalates  Sydney Morning HeraldWith an ailing economy, is China a stable global player?  Al Jazeera EnglishBoosting spending appetites tops agenda  China DailyChina steps up stimulus amid escalating trade war  The Australian Financial Review

Japan Economy Minister Akazawa says FX should move stably, reflecting fundamentals  ForexLiveJapan fin min Kato: Japan still not in a state where we can call end to deflation  ForexLiveJapan’s Kato: Still not in a state where we can permanently call end to deflation  FXStreet

Australian February business confidence to -1 (prior +5)  ForexLiveConsumer confidence hits three-year high as RBA rate cut delivers cautious optimism  9NewsThe six charts that show the consumer comeback is here  The Australian Financial ReviewConsumer sentiment hits three-year high on cooler inflation and RBA interest rate cut  The West Australian

Canadian Road Trippers Boycotting U.S. Could Mean A $4 Billion Economic Loss  ForbesView Full coverage on Google News

Japan’s real wages fall 1.8% in January, first drop in 3 months  Japan TodayView Full coverage on Google News