China’s EV makers are battling a price war at home that is cutting into margins; BYD, despite its scale, is also feeling pressure on profitability from intensified domestic competition. #BYD #EVs #FiatNews

Alibaba shares jumped more than 19% in Hong Kong after the company reported a sharp revenue increase in its AI-focused segment; the surge added over $50 billion to Alibaba’s market value. #Alibaba #FiatNews

Eurozone manufacturing activity rose for the first time since mid-2022, supported by higher domestic demand and production. PMI surveys have lifted sentiment on future output. #eurozone #PMI #FiatNews

Spain is outperforming both Europe and the US this year: the IBEX 35 has gained nearly 30% year-to-date, while Spain also ranks as the top eurozone economy by growth in recent data. #IBEX35 #Spain #FiatNews

ECB President warned that if US President Donald Trump were to remove the Fed chair or Governor Lisa Cook, it could jeopardize both the US and the global economy, underscoring geopolitical risks to policy credibility. #FiatNews

Czech state budget deficit narrowed to CZK 165.4 billion at end-August, down from CZK 168.2 billion in July, the finance ministry reported. #CZK #fiscal #FiatNews

Czech GDP for Q2 was revised up to 2.6% year-on-year from a prior 2.4%, with quarter-on-quarter growth slowing slightly to +0.5% from earlier readings of +0.7% and +0.8%. #FiatNews

Oil prices reversed higher by about 1% Monday morning. Gold briefly traded above $3,480 following Friday’s gains. The Czech koruna strengthened to about 24.40 CZK/EUR intraday, though it later gave up part of those gains. #commodities #CZK #FiatNews

Weekly macro focus shifts to the US labour market: official jobs data due Friday will be central to Fed policy expectations and economic outlook. Current market positioning suggests traders expect weak payrolls. #USJobs #Fed #FiatNews

The euro climbed to 1.1705 USD/EUR as European bond yields rose. Analysts note yields may provide short-term support for the euro, but rising political risks in Europe could limit sustainable appreciation. #EUR #USD #FiatNews