DAX Rises In Cautious Trade

European Shares Slide As Trade War Begins

European stocks declined on Tuesday, after having hit a record high in the previous session led by defense-related stocks.

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Asian Shares Fall As New US Tariffs Take Effect

Asian stocks ended mostly lower on Tuesday as fresh U.S. tariffs came into effect.

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RBA Cautious About Further Easing, Minutes Show

The Reserve Bank of Australia is cautious about lowering the benchmark interest rate further and the decision to cut the rate in February does not mean that the bank is committed to cut again at coming meetings. At the February meeting, the bank had reduced the interest rate for the first time since 2020. The rate was lowered by 25 basis points to 4.10 percent.

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Antipodean Currencies Slide On Trump Tariff Threat

The Antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Tuesday, amid concerns about the economic impact after U.S. President Donald Trump confirmed the 25% tariffs on Canada and Mexico as well as the additional 10 percent tariff on China will take effect Tuesday. The reciprocal tariffs on other U.S. trade partners will be imposed on April 2.

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Japan Capex Falls Unexpectedly; Jobless Rate Steady At 2.5%

Capital investment of Japanese companies declined unexpectedly in the fourth quarter and the jobless rate remained in January, official data revealed Tuesday. Investment in plant and machinery dropped 0.2 percent, in contrast to the sharp 8.1 percent increase in the third quarter, the Ministry of Finance reported. Investment declined for the first time in nearly four years.

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NZ Dollar Slides Against Most Majors

The New Zealand dollar weakened against most major currencies in the Asian session on Tuesday.

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Australian Dollar Falls Against Majors

The Australian dollar weakened against other major currencies in the Asian session on Tuesday.

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European Economic News Preview: Eurozone Unemployment Data Due

Unemployment from the euro area and Spain are the top economic news due on Tuesday, headlining a light day for the European economic news. At 3.00 am ET, Spain's labor agency publishes monthly unemployment data for February. The number of unemployed is expected to rise to 45,200 from 38,700 in the previous month.

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EURUSD	1.05104	GBPUSD	1.27189	AUDUSD	0.62201
USDJPY	149.003	USDCAD	1.44252	USDCHF	0.89169