Wolf Money(world market review 2-8 March 2026)
Market Summary 2-8 Mar 2026
*USA*
± S&P Global US Composite PMI at 51.9 in Feb, lowest in 10 mths
-US retail sales down by 0.2% MoM in Jan, first decline since Oct
+ US ISM Services PMI climbed to 56.1 in Feb vs 53.8 in Jan, fastest expansion since Aug 2022
+ US export prices rose more than anticipated by 0.6% in Jan, import prices up 0.2% for 2nd mth
± S&P Global US Services PMI fell to 51.7 in Feb vs 52.7 in Jan, vs market estimates of 53
-US jobless rate rises to 4.4%, 3rd time in 5 mths economy lost jobs
+ US initial jobless claims unchanged at 213,000
+ US average hourly earnings for all employees on private nonfarm payrolls rose by 15 cents, or 0.4% MoM to US$37.32 in Feb
-US nonfarm payrolls down 92,000 in Feb, healthcare lost most jobs at 28,000, tech followed at 11,000
+ US private businesses added 63,000 jobs in Feb, the most since Jul 25
-US labour cost in nonfarm business sector rose 2.8% in Q4, after a 1.8% fall in Q3
+ US job cuts down 55% MoM to 48.307 in Feb, or down 72% YoY
± US 10-year treasury note rose for 5th consecutive session to 4.17%, largest jump since Apr 25
+ US business inventories rose by 0.1% MoM in Dec, up 1.6% on annual basis
± US >20 states filed lawsuit challenging planned 15% global tariffs
± US consumer credit rose by US$8.05bn in Jan, an increased of about 1.9% annual rate
-US considering requiring permits for global AI chip sales, such as those from Nvidia and AMD
-US govt seized >US$30bn in virtual currency assets worldwide between 2022 and 2025: report
+ Boeing close to 500-jet order with Trump-Xi summit from Mar 31 to Apr 2
-BlackRock curbed withdrawals from one of its biggest private credit funds after client requests for redemptions spiked
± Trump officially nominates Kevin Warsh as Fed chair
+ US unveiled US$20bn reinsurance plan for Strait of Hormuz
-US-run oil field in Iraq shuts down after attack
+ US crude oil inventories up 3.475m barrels to 439.3m for wk ending Feb 27, vs forecast 2.3m barrel rise
-US customs agency told court it was unable to comply with order to refund tariffs
+ Anthropic has opened new channel of discussion with Pentagon
-Nvidia CEO says US$30bn OpenAI investment ‘might be the last’
*OTHERS*
-WTI hits US$90 for the first time since 2023
-FAO Food Price Index increased to 125.3 index pts in Feb, highest in 4 mths
*CHINA*
+ China launched a ¥100bn (US$14bn) fiscal-financial package aimed at boosting domestic demand
+ China set its 2026 economic growth at 4.5%-5%, lowest level goal since 1991
-China’s manufacturing PMI fell to 49 in Feb vs 49.3 in Jan, contracted for 2nd mth
+ China pledges moderately loose monetary policy to support growth
+ China to issue ¥300bn bonds to boost big state banks
+ China will expand a policy-baked financing instrument to ¥800bn (US$116bn) to support investment and economic growth
+ China will keep fiscal deficit at 4% of GDP and set consumer inflation target of around 2%
+ China local govts will be allowed to issue ¥4.4 trillion in special-purpose bonds to fund investment projects
+ China’s forex reserve rose by US$28.7bn MoM to US$3.428 trillion in Feb, highest in >10 yrs, gold buying continues
+ China to expand cross-border use of yuan and guide enterprises to optimise their global market layout
+ China’s govt debt hits ¥96 trillion (US$13.9) trillion in 2025, well within ceiling approved by parliament: central govt debt at ¥41.23 trillion, local govt debt at ¥54.82
+ China will expand cross-border use of yuan and guide enterprise to optimise their global market layout to stabilise foreign trade and investment
+ China’s service sector to top ¥100 trillion in 2026-2030: economic planner
-China tells top refiners to halt diesel and gasoline exports
+ China to establish national fund for low-carbon transition, boost green economy
+ China’s core AI industry surpassed ¥1.2 trillion in 2025, expanded to >6200 enterprises
+ China’s AI-related industries to top ¥10 trillion by 2030
+ China pledged to stabilise its property sector and optimise housing supply; plan to better utilise existing commodity housing stock, including purchasing unsold homes and converting them into govt-subsidised housing to reduce excess inventory
+ China plans to inject ¥200bn into large-scale equipment upgrades, fuel hard tech
+ China’s power equipment exports surged 26% to US$37.4bn in 2025 as emerging markets accelerate investment in electricity infrastructure
+ China to deepen reform of SZ’s ChiNext board to boost funding for innovative firms
+ HK forex reserves rose to US$439.2bn in Feb, highest since Jul 2022
+ Taiwan industrial output surged 28.51% YoY in Jan to near 16-year high, largely by manufacturing
*EUROPE*
+ Eurozone GDP grew by 0.2% in Q4, below earlier estimates of 0.3%
+ European Commission published draft IAA, to ensure manufacturing accounts for 20% of European GDP by 2035
± Eurozone unemployment rate edged down to all-time low of 6.1% in Jan
± Eurozone producer prices rose 0.7 MoM in Jan vs expectations of 0.2% increase
-Dutch HQ Nexperia blocks system access for China-based employees, disrupting parts of production
-Maersk halts shipping linking Far East, Middle East, Europe, due to escalated tensions in Gulf region
-Russian warned could halt gas supplies ahead of a planned 2027 ban
*ASIA*
+ Japan’s Consumer Confidence Index up by 2.1 pts MoM to 40 in Feb
+ SoftBank eyes up to US$40bn loan to fund OpenAI investment
-Saudi Aramco’s oil facility was targeted in latest Iranian strike
-UAE considering freezing billions of dollars of Iranian assets held in Guld state
-Indonesia's Fitch Ratings downgraded outlook on long-term foreign-currency issuer default rating to negative from stable
+ Malaysia kept its key interest rate unchanged at 2.75% during Mar monetary policy meeting
+ Malaysia recorded historic RM426.7bn in approved investments in 2025 vs RM384.4bn in 2024
+ Johor leads as Malaysia’s approved investments, Sg and China are the top foreign investors with total reach RM116.3bn
-Sg retail fell 0.4% YoY in Jan to 11-mth low, on seasonally adjusted mthly basis, retail sales rose 6.1% in Jan
+ MAS will closely track progress and outcomes of the Value Unlock programme and gather feedbacks as seeks to establish border industry norms for value-creation practices
+ Changi Airport handled about 70m passenger in 2025, surpassing pre-pandemic levels
Contribution by Derek@valueinvestments chat group. Thank you.
Please consider following us on telegram for the latest update on Lone Wolf investor by clicking on the link below. No form filling, no payment required, no collection of data, no data mining, no hard selling, no obligation.
https://t.me/joinchat/oCgkD3sQFRMzMWM1
Disclaimers
All investments is highly speculative in nature and involves substantial risk of loss. We encourage our reader to invest very carefully. We also encourage reader to get personal advice from your professional investment advisor and to make independent investigations before acting on information that we publish. Much of our information is derived directly from information published by companies or submitted to governmental agencies on which we believe are reliable but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way whatsoever warrant or guarantee the success of any action you take in reliance on our statements. All information provided are for education only. Buyer beware,do you own due diligence.
Comments
Post a Comment