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Major automakers want Congress to bar California 2035 electric vehicle plan
California rules would require 80% EVs in 2030Automakers warn they could soon stop shipping some vehicles to states with rulesCalifornia requires 35% EVs for 2026 model yearBy David Shepardson WASHINGTON, April 28 (Reuters) - Major automakers want Congress to bar California's landmark plan to...Reuters
Mon, Apr 28
USD/JPY declines to near 143.00 as Japanese Yen outperforms, BoJ policy in focus
The USD/JPY pair falls sharply to near 143.00 during North American hours on Monday. The pair declines as the Japanese Yen (JPY) trades strongly at the start of the week, with investors awaiting the monetary policy announcement by the Bank of Japan (BoJ) on Thursday.
Fxstreet
Mon, Apr 28
ECB’s de Guindos: Incoming data suggest modest growth in the first quarter of 2025
European Central Bank Vice President Luis de Guindos told European lawmakers in Brussels on Monday that incoming data suggest that the Eurozone economy grew at a modest pace in the first quarter of 2025, per Reuters.Fxstreet
Mon, Apr 28
Major automakers want Congress to bar California 2035 electric vehicle plan
By David ShepardsonWASHINGTON, April 28 (Reuters) - Major automakers want Congress to bar California's landmark plan to end the sale of gasoline-only vehicles by 2035 that has been adopted by 11 other states, warning the rules could begin impacting vehicle shipments in a few months.The U.S. Hous...Reuters
Mon, Apr 28
FACTBOX-What are the key races in Canada's federal election?
OTTAWA, April 28 (Reuters) - As Canada holds an election on Monday, Prime Minister Mark Carney's Liberals are ahead of Pierre Poilievre's Conservatives in national opinion polls. The New Democratic Party led by Jagmeet Singh is in a distant third place, while the separatist Bloc Quebecois, w...Reuters
Mon, Apr 28
EXPLAINER-What are the potential outcomes of Canada's general election?
By David Ljunggren OTTAWA, April 28 (Reuters) - Canada will hold a general election on Monday, with polls indicating Prime Minister Mark Carney's ruling Liberals ahead of the official opposition Conservatives of Pierre Poilievre.There are 343 seats in the elected House of Commons chamber. A p...Reuters
Mon, Apr 28
FACTBOX-Key facts about Canada's election on April 28
OTTAWA, April 28 (Reuters) - Canada will hold a general election on April 28, with polls indicating Prime Minister Mark Carney's ruling Liberals a few points ahead of the official opposition Conservatives of Pierre Poilievre. BASIC FACTS ABOUT THE ELECTIONThere are 28 million registered vote...Reuters
Mon, Apr 28
Canada March wholesale trade most likely down 0.3% - Statscan flash estimate
TORONTO, April 28 (Reuters) - Canadian wholesale trade most likely fell 0.3% in March from February, with declines in five of the seven subsectors, Statistics Canada said in a flash estimate on Monday.The estimate was calculated based on a weighted response rate of 64.8%. The average weighted respon...Reuters
Mon, Apr 28
RPT-Amid Trump tariffs, China's trade and economy tsar steps into spotlight
Vice Premier He Lifeng is longtime confidant of Xi JinpingHe initially underwhelmed foreign investors, but has gained confidence and experienceHe described as ideological proponent of state-led growthU.S. has so far insisted it will only negotiate on tariffs with XiBy Laurie Chen, Michael Martina ...Reuters
Mon, Apr 28
EXCLUSIVE-China's Xi to visit Shanghai in show of strength amid trade war
Shanghai is China's main international financial hub Home to Tesla's biggest factory, foreign HQsVisit comes as China pushes back against US tariffsAnalyst says Xi could focus on tech successes SHANGHAI, April 28 (Reuters) - Chinese President Xi Jinping will visit Shanghai this week, two ...Reuters
Mon, Apr 28
AUD/USD trades indecisively around 0.6400, US-Aussie data in focus
The AUD/USD pair recovers initial losses and turns flat around 0.6400 during European trading hours on Monday. The Aussie pair trades indecisively as investors await a slew of United States (US) economic and Australian Consumer Price Index (CPI) data, which will be released this week.
Fxstreet
Mon, Apr 28
