The president of the federal reserve, Jerome Powell, speaks for the 2025 American monetary policy forum on March 7, 2025 in New York.
Spencer Platt | Getty Images News | Getty images
The report on the non -enlarged American wage bill for February was lower than expected, but the silver lining is that the number of jobs added for the month was higher than in January. That said, the layoff of federal workers by the Elon Musk government ministry occurred after the survey was completed, noted Jeff Cox of CNBC, which means that the downward draft on data would likely appear that in the Mars Jobs report.
An immediate apparent effect of DOGE, on the other hand, is the seven-week shift in Tesla’s sharing since Musk has parked in Washington, DC Doge’s actions, as well as other policies that US President Donald Trump is deploying to straighten the United States, is so drastic that the federal reserve takes a note and embarks on a waiting position. But investors do not wait – they already see the confusion and themping of actions.
What you need to know today
Signs of deflation in China
The national Chinese consumer price index fell 0.7% in February compared to the previous year, according to data published Sunday by the Chinese National Statistics Bureau. Reading inflation was in negative territory for the first time since January of last year, overthrowing an annual shift of 0.5% in January. It is also worse than the 0.5% contract expected in a reuters survey of economists.
Jobs increase but less than expected
The American economy added 151,000 adjusted jobs in season in February, better than the 125,000 revised downwards in January, the office of American labor statistics reported on Friday. However, the figure is less than 170,000 consensual forecasts from Dow Jones. The unemployment rate increased by more than 4.1% compared to 4% in January.
Weak markets
Friday, the S&P 500 added 0.55%, the Industrial average Dow Jones increased by 0.7% and the Nasdaq Composite climbed by 0.52%. However, the three clues fell over the week, the S&P having its worst week since September. The markets in Asia-Pacific exchanged on Monday on Monday. Japanese Nikkei 225 Adding approximately 0.2% on data showing that cash benefits increased by 2.8% over one year in January. Hong Kong Hang Seng indexHowever, approximately 2.3% dropped after inflation data on China was published on Sunday. Bitcoin Prices fell at the start of trading in Asia.
Tesla shares inverted gains
The TESLA equity price has dropped for seven consecutive weeks, ending Friday 0.3% at $ 262.67. It is the longest sequence of losses to Tesla During its 15 years as a public company – and coincides with the time of the CEO Elon Musk in Washington, the actions of DC Tesla ended the week down more than 10% and at their lowest level since November 5, the day of the ballot, when they closed $ 251.44.
Wait -and -see
The president of the federal reserve, Jerome Powell, said on Friday in a speech during a political forum that the central bank “focused on the separation of the noise signal”, referring to the policies of American president Donald Trump on the economy. Regarding interest rates, Fed officials “do not need to be in a hurry and are well placed to wait for greater clarity,” added Powell. Meanwhile, the secretary in the United States of the Treasury Scott Bessent admitted on Friday that the economy “begins to roll a little”.
[PRO] Inflation readings to watch
The stock market was beaten last week due to the uncertainties caused by Trump’s policies. This week, investors will have an eye on the American consumer and will produce respectively on Wednesday and Thursday, for a clearer image of the economy. The feelings of consumer feelings of the University of Michigan for Mars, will be released on Friday, will also provide a dominant mood barometer.
And finally …
Ukrainian crew members in a German gepard anti -aircraft reservoir are used to targeting drones launched in Russian, during the vehicle demonstration to the media, on the outskirts of Kyiv, on November 30, 2023, in the middle of the Russian invasion of Ukraine.
Pilipey Romain | AFP | Getty images
European leaders push defense to defense in the midst of uncertainty about Trump’s help in Ukraine
A week since the heated expulsion of the Ukrainian President Volodymyr Zelenskyy of the White House, European leaders increased the plans of defense spending. This week, the European Commission proposed budgetary flexibility measures on defense spending and a plan to borrow 150 billion euros ($ 163 billion) to lend EU governments for defense capacities across Europe.
With more equipment, the EU stressed that it could “intensify” its support for Ukraine, which depended on both Europe and the United States for military and humanitarian aid throughout its three-year resistance to the invasion of Russia. In total, the so-called Rearm Europe plan could mobilize nearly 800 billion euros.
