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US President Donald Trump signs order sealing Japan tariff deal with 15% rate — Bloomberg
US President Donald Trump signed an executive order implementing his trade agreement with Japan, which calls for a maximum 15% tax on most of Japan's imports, including automobiles and parts, Bloomberg reported late Thursday.Fxstreet
Thu, Sep 4
German budget committee approves 2025 budget
BERLIN, Sept 4 (Reuters) - Germany's budget committee finalised the budget for 2025 with record investments to revive the economy and a strong commitment to defence spending, people familiar with the matter said on Thursday.The budget committee session begun on Thursday morning wrapped up weeks ...Reuters
Thu, Sep 4
TREASURIES-US yields slump on labor market jitters as rate cut odds climb
Weak jobs data leads to four-month low in 2-year, 10-year yieldsADP report shows private payrolls rose less than expectedFed funds futures show 98% odds of September rate cutBy Gertrude Chavez-Dreyfuss NEW YORK, Sept 4 (Reuters) - U.S. Treasury yields fell on Thursday, with those on two-year and ...Reuters
Thu, Sep 4
Fed's Williams sees gradual rate cuts but lets data drive when they'll happen
Williams suggests gradual rate cuts possible if economic forecasts holdFed faces balancing act with tariffs and interest ratesRate cut expected this month despite uncertain inflation outlookBy Michael S. Derby NEW YORK, Sept 4 (Reuters) - Federal Reserve Bank of New York President John Willia...Reuters
Thu, Sep 4
Fed's Williams says tariffs having less economic impact than expected
By Michael S. DerbyNEW YORK, Sept 4 (Reuters) - Federal Reserve Bank of New York President John Williams said on Thursday he sees lower risks to inflation as tariffs have driven up price pressures less than expected so far.“I see on the margin...a reduction of some of the upside risks to inflation&#...Reuters
Thu, Sep 4
WRAPUP 2-US jobless claims rise, private payrolls growth slows
Weekly jobless claims increase 8,000 to 237,000Continuing claims fall 4,000 to 1.940 millionPrivate payrolls increase 54,000 in AugustTrade deficit widens 32.5% to $78.3 billion in JulyBy Lucia Mutikani WASHINGTON, Sept 4 (Reuters) - The number of Americans filing new applications for unemploymen...Reuters
Thu, Sep 4
US crude stockpiles rise as refineries begin maintenance, EIA says
Crude inventories rose by 2.4 mln bbls, exceeding expectationsCushing hub crude stocks increased by 1.6 mln bblsNet US crude imports rose by 434,000 bpdBy Arathy Somasekhar and Georgina McCartneyHOUSTON, Sept 4 (Reuters) - U.S. crude oil inventories rose last week as refineries headed into maintenan...Reuters
Thu, Sep 4
Fed's Williams says bond market calm, trading normally
By Michael S. DerbyNEW YORK, Sept 4 (Reuters) - Federal Reserve Bank of New York President John Williams said Thursday the bond market is functioning normally and is being driven by economic data developments.“The bond market is relatively calm” at the moment, Williams said at an event held by the E...Reuters
Thu, Sep 4
Fed's Williams sees risks rising for central bank's job mandate
By Michael S. DerbyNEW YORK, Sept 4 (Reuters) - Federal Reserve Bank of New York President John Williams said Thursday that risks to the job market have been rising.“It’s clearly the case that some of the downside risks” to the job market have “increased,” Williams said at a meeting of the Economic ...Reuters
Thu, Sep 4
Fed's Williams warns that Fed has to balance inflation and jobs market
Federal Reserve (Fed) Bank of New York President John Williams warned on Thursday that although he expects Fed interest rates to continue declining at a slow pace, the Fed's dual mandate still means the US central bank has to carefully balance supporting the jobs market with interest rate cuts withFxstreet
Thu, Sep 4
US biodiesel and renewable diesel imports slump after changes to tax credits
NEW YORK, Sept 4 (Reuters) - U.S. imports of biodiesel and renewable diesel slumped to a decade low in the first half of 2025 after a change in tax credits for the fuels went into effect, the U.S. Energy Information Administration said on Thursday.The U.S. this year revamped the way it awards tax cr...Reuters
Thu, Sep 4
Fed's Williams sees gradual rate cuts if economy performs as he expects
Williams suggests gradual rate cuts possible if economic forecasts holdFed faces balancing act with tariffs and interest ratesRate cut expected this month despite uncertain inflation outlookBy Michael S. Derby NEW YORK, Sept 4 (Reuters) - New York Federal Reserve President John Williams said on T...Reuters
Thu, Sep 4
Euro zone yields drop after US data, Fed officials' remarks
By Stefano Rebaudo Sept 4 (Reuters) - Euro zone government bond yields fell on Thursday, after a surge earlier this week, as weak U.S. data and remarks from Federal Reserve officials reinforced bets that the central bank will cut interest rates in September.However, investors remained concerned a...Reuters
Thu, Sep 4
Trump's Fed pick Stephen Miran vows to resign from CEA if confirmed for Fed seat
Stephen Miran, Donald Trump's pick to fill a recently vacated seat on the Federal Reserve (Fed) Board of Governors, vowed that he would resign from the Council of Economic Advisors (CEA) if confirmed by Congress to take a spot at the Fed. Miran was also selected by Trump to take a seat on the CEA.Fxstreet
Thu, Sep 4
Japan’s political uncertainty weighs on JPY outlook – Rabobank
During the spring and early summer there was hope that the political clouds in Japan would clear after the July Upper House election. That has not been the case. The poor performance of the LDP in that election has meant that changes in its leadership are still expected.
Fxstreet
Thu, Sep 4
Canada's trade deficit in July narrows as exports to the US rise
Merchandise trade deficit at C$4.94 billion in JulyTrade surplus with the U.S. up 80% to C$6.7 billionOverall exports rose by 0.9% to C$61.86 billion By Promit Mukherjee OTTAWA, Sept 4 (Reuters) - Canada's trade deficit narrowed in July as overall exports rose, especially driven by outbound ...Reuters
Thu, Sep 4
India looking beyond US for pharma exports amid tariff tensions
By Sriparna Roy and Rishika Sadam NEW DELHI, Sept 4 (Reuters) - India is seeking to boost drug exports to semi-regulated markets in Africa, Latin America and Southeast Asia to reduce its dependence on the U.S., where tariff concerns pose risks, officials from a government-backed trade body told ...Reuters
Thu, Sep 4
