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USD/INR softens on steady FII inflows, positive US-India trade talks
The Indian Rupee (INR) extends its upside on Tuesday after logging its best day in more than two weeks in the previous session. The positive developments surrounding US-India trade talks provide some support to the local currency.Fxstreet
Tue, Apr 29
USD/CAD depreciates to near 1.3800 as Canadian Dollar gains on early election outcome
The USD/CAD pair remains under pressure for the second straight session, hovering around 1.3820 during Asian trading hours on Tuesday. The pair weakens as the Canadian Dollar (CAD) gains modestly, supported by early election results in Canada.Fxstreet
Tue, Apr 29
Australian Dollar edges lower as US Dollar appreciates due to easing global trade tensions
The Australian Dollar (AUD) is edging lower on Tuesday after registering more than 0.50% gains against the US Dollar (USD) in the previous session. The AUD/USD pair depreciates as the US Dollar appreciates amid easing global trade tensions.
Fxstreet
Tue, Apr 29
White House official says Trump expected to soften auto tariffs - WSJ
According to the Wall Street Journal, US President Donald Trump plans to soften the impact of his automotive tariffs by preventing duties on foreign-made cars from stacking with other tariffs and easing levies on foreign parts used in car manufacturing. Those actions are expected tomorrow.Fxstreet
Mon, Apr 28
Mexican Peso slips despite strong trade data, as US trade worries persist
The Mexican Peso weakened by 0.48% against the US Dollar on Monday, despite Wall Street gains and a 0.64% drop in the US Dollar Index (DXY). At the time of writing, the USD/MXN trades at 19.58 after bouncing off daily lows of 19.47.
Fxstreet
Mon, Apr 28
US Treasury expects to borrow $514 billion in second quarter
April 28 (Reuters) - The U.S. Treasury said on Monday it expects to borrow $514 billion in the second quarter, $391 billion higher than its February estimate, mainly due to a lower cash balance at the beginning of the quarter and projected lower net cash flows.The second-quarter financing estimate a...Reuters
Mon, Apr 28
Trade talks with UK moving in positive way, White House says
WASHINGTON, April 28 (Reuters) - Trade talks between the United States and Britain are moving in a positive direction, the White House said on Monday."As for the trade talks, I understand they are moving in a very positive way with the United Kingdom," White House spokesperson Karoline Leavi...Reuters
Mon, Apr 28
Rabanne owner Puig posts 8% rise in first-quarter sales
MADRID, April 28 (Reuters) - Puig, the Barcelona-based company behind perfume brands Rabanne, Carolina Herrera and Jean Paul Gaultier, reported an 8% rise in first-quarter sales on Monday, beating analysts' expectations.The company reported 1.21 billion euros ($1.38 billion) in sales during the ...Reuters
Mon, Apr 28
Rabanne owner Puig posts 8% rise in first-quarter sales
MADRID, April 28 (Reuters) - Puig, the Barcelona-based company behind perfume brands Rabanne, Carolina Herrera and Jean Paul Gaultier, reported an 8% rise in first-quarter sales on Monday, beating analyst expectations.The company reported 1.21 billion euros ($1.38 billion) in sales during the first...Reuters
Mon, Apr 28
Israel favours upgrading US free trade deal, economy minister says
JERUSALEM, April 28 (Reuters) - Israel has proposed revamping its four-decade-old free trade agreement with the United States, its economy minister said on Monday, as it looks to head off tariffs from its closest ally. An upgraded trade pact would ease restrictions on data sharing that would enable ...Reuters
Mon, Apr 28
Biggest risk to markets is a fragmented world, says Norway wealth fund CEO
Fragmented world leads to lower growth, higher prices, CEO says"Looks like" we are in this situation, he addsTo focus on optimising fund in his second and final termBy Gwladys Fouche OSLO, April 28 (Reuters) - The world economy appears to be fragmenting, posing the biggest risk to markets...Reuters
Mon, Apr 28
Euro zone yields edge up as traders await economic data
German spending briefly back in focusTraders await US economic data for directionEuro zone inflation data due from Tuesday By Alun John LONDON, April 28 (Reuters) - Euro zone government bonds edged higher on Monday, as the unusual absence of U.S. tariff-related headlines left investors waiting f...Reuters
Mon, Apr 28
Could the US trade war lead to lower global tariffs? – Standard Chartered
The optimism that US trade policies may lead to lower global tariffs is misplaced. The WTO under Trump is symptomatic of a wider crisis for multilateralism. Countries will face challenges lowering tariff rates given WTO MFN requirements.Fxstreet
Mon, Apr 28
TREASURIES-US yields little changed ahead of heavy data slate
NEW YORK, April 28 (Reuters) - U.S. Treasury securities held in narrow ranges and yields were mixed on Monday as players minimized activity without new tariff headlines to react to before a list of important economic reports, culminating in April payrolls data on Friday.Trading was more muted than i...Reuters
Mon, Apr 28
China's Zhoushan port to see 48% jump in Brazilian soybean ships in April, state media reports
BEIJING, April 28 (Reuters) - Around 40 Brazilian soybean ships are expected to have docked at China's Zhoushan port in April, up 48% from last year, a social media account affiliated with the state broadcaster reported on Monday, as China shuns U.S. suppliers in an escalating trade war.The acco...Reuters
Mon, Apr 28
