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Weeeknd: EU plans 350,000 annual cap on Chinese hybrids after Beijing agrees 16-point deal

For European carmakers, a hybrid quota offers some relief from lower-priced Chinese competition at a time when Volkswagen, Stellantis, Mercedes and BMW are under pressure on profits, though the cap’s generous starting size and annual increases limit how much market share it protects. Chinese brands that have leaned on hybrids to sidestep EU electric vehicle tariffs face slower European growth,…

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Preview: RBA minutes and jobs data headline Australia’s week ahead, with unemployment seen at 4.6%

For the Australian dollar and front-end rates, the minutes carry more weight than usual because Bullock’s post-meeting tone was softer than the decision itself. A record that leans toward holding would support pricing for a pause and could weigh on the currency, while one that keeps further tightening clearly on the table would reinforce Westpac’s call for another move by year-end. Oil is the…

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