BERLIN (Reuters) -The prospect of a military spending boom by Germany unprecedented since the Cold War sent Europe's defence stocks soaring after Reuters reported the likely next government was mulling a fiscal sea change for Europe's biggest economy. Defence contractors including Thyssenkrupp, Hensoldt, Renk ( RNKGF ), Rheinmetall, BAE Systems and Leonardo saw their shares jump by double-digit percentages on...

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06:27 AM EST, 03/03/2025 (MT Newswires) -- The White House on Saturday ordered a Commerce Department probe of the wood, lumber, and timber imports, which it described as a threat to national security. The United States faces significant vulnerabilities in the wood supply chain from imported timber, lumber, and their derivative products being dumped onto the US market, the White...

06:21 AM EST, 03/03/2025 (MT Newswires) -- Commerzbank in its European Sunrise note of Monday highlighted: Markets: German Bund future gaps sharply lower in Asian trading on spending plans. United States Treasuries also weaken, then stabilize. Asian stocks and e-minis are supported. EUR slightly firmer. Brent tests $73/barrel support. U.S./Fed: Chicago Federal Reserve Bank President Austan Goolsbee is partly concerned...