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Trump Credits Tariffs for Novartis' Expansion and Job Creation
US President Trump stated that tariffs have influenced Novartis and its CEO Vasant Narasimhan to build over seven manufacturing and R&D facilities, resulting in thousands of new jobs. This move highlights the impact of trade policies on corporate investment decisions.
Date:
27.02.2026 |
Source:
FOR-EX.NEWS
Quotes
| Instrument | Price | Change (%) |
|---|---|---|
| EURUSD | 1.181240 | +0.12545% |
| GBPUSD | 1.347200 | -0.066761% |
| USDJPY | 156.134000 | +0.028189% |
| XAUUSD | 5277.210000 | +1.77506% |
| USDCAD | 1.364860 | -0.23318% |
| NZDUSD | 0.599430 | +0.24867% |
| USDCHF | 0.768910 | -0.57155% |
| AUDUSD | 0.711310 | +0.1281% |
| EURGBP | 0.876690 | +0.20116% |
| EURJPY | 184.427000 | +0.17544% |
| GBPJPY | 210.342000 | -0.035168% |
| AUDJPY | 111.049000 | +0.19398% |
| CADJPY | 114.385000 | +0.27087% |
| CHFJPY | 203.024000 | +0.6654% |
| NZDJPY | 93.575000 | +0.33023% |
| GBPCHF | 1.035760 | -0.66082% |
| EURCHF | 0.908250 | -0.50174% |
| USDMXN | 17.216000 | +0.17998% |
| USDZAR | 15.926400 | -0.15547% |
| USDTRY | 43.885200 | -0.13865% |
| USDRUB | 77.285000 | +0.55295% |
| USDSEK | 9.027900 | -0.13672% |
| USDCNY | 6.857400 | +0.24852% |
Upcoming Important Events
| Time | Country | Event | Forecast | Previous |
|---|---|---|---|---|
| 02.03.2026 | ||||
| 01:45 | Manufacturing PMI (Feb) | 50.5 | 50.3 | |
| 09:00 | Full Year GDP Growth (2025) | 0.5 | 0.7 | |
| 09:00 | Government Budget (2025) | -3 | -3.4 | |
| 15:00 | 🇺🇸 | ISM Manufacturing PMI (Feb) | 51.3 | 52.6 |
| 03.03.2026 | ||||
| 10:00 | 🇪🇺 | Inflation Rate YoY (Feb) | 1.7 | 1.7 |
| 04.03.2026 | ||||
| 00:30 | 🇦🇺 | GDP Growth Rate QoQ (Q4) | 0.8 | 0.4 |
| 01:30 | NBS Manufacturing PMI (Feb) | 49.9 | 49.3 | |
| 01:45 | Manufacturing PMI (Feb) | 50.5 | 50.3 | |
| 05:00 | 🇯🇵 | Consumer Confidence (Feb) | 38.1 | 37.9 |
| 08:00 | 🇺🇸 | ISM Non-Manufacturing PMI (Feb) | 53.8 | |