Dollar subdued as traders eye Powell testimony, jobs report

Newsletter Mar 6, 2023 [ International Business Times]( [Dollar subdued as traders eye Powell testimony, jobs report]( The U.S. dollar made a tentative start to the week on Monday as investors awaited testimony from Federal Reserve Chair Jerome Powell and looked towards for a February jobs report that will likely influence how hawkish the U.S. [France faces massive strikes over pension reform]( France faces massive strikes over pension reform.  [Learn more about Jeeng]( [Oil prices open lower on modest Chinese growth forecast]( Oil prices opened lower on Monday after China set a modest target for economic growth this year of around 5%, lower than market expectations of 5.5% growth in the world's second- largest oil consumer. [Asia stocks rally, bonds tense for U.S. rate tests]( Markets have become resigned to more rate rises from the Federal Reserve but are hoping it will stick with quarter-point moves rather than switch back to half-point hikes. [UN Development chief sounds alarm over debt distress]( UN development chief sounds alarm over debt distress [dianomi]( [China increases military spending in face of 'escalating' threats]( China increases military spending in face of 'escalating' threats [China to double down on push to be self-reliant in tech, premier says]( China's science and technology policies should aim to build its strength and self-reliance, Premier Li Keqiang said on Sunday. [SoftBank's Arm aims to raise at least $8 billion in U.S. IPO, sources say]( Arm Ltd, the British chip designer owned by Japan's SoftBank Group Corp, is likely to aim to raise at least $8 billion from what is expected to be a blockbuster U.S. stock market launch. [At right-wing CPAC forum, Trump shows why he'll be tough to topple]( Reminders of former U.S. President Donald Trump's towering influence over the Republican Party were everywhere at the annual Conservative Political Action Conference in Washington. [International Women's Day 2023: History, significance and theme of the special day]( The idea of International Women's Day originated from labour movements which began in North America and Europe during the early 20th century. [Chelsea's expensive recruits face Champions League moment of truth]( Graham Potter stopped the rot with a 1-0 victory over Leeds on Saturday to end a six-game winless run. You Might Like    [Learn more about Jeeng]( [IBTimes]( IBTimes will always protect your security and privacy. Please read our detailed [Privacy Policy.]( Please do not reply to this email. [Click here]( to adjust your notification preferences or unsubscribe. © Copyright 2023 IBTimes LLC. All Rights Reserved. IBTimes LLC, 33 Whitehall ST FL 7, New York, NY 10004 U.S.A, New York, New York 10004, United States You may [unsubscribe]( or [change your contact details]( at any time.