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ECB's Villeroy: there is still gradual margin for rate cuts
ECB policymakers confident over June cut -sourcesOn April 17, ECB cut deposit rate to 2.25%Villeroy: there is still gradual margin for rate cutsVilleroy reaffirms no recession expected in FrancePARIS, April 28 (Reuters) - U.S. President Donald Trump's tariff threats are creating uncertainty for ...Reuters
Mon, Apr 28
Australia government dismisses concerns over AAA rating amid election spending pledges
By Christine Chen SYDNEY, April 28 (Reuters) - Australian Treasurer Jim Chalmers on Monday downplayed warnings that the country's top-level AAA rating was under threat due to billions of dollars in election spending promises.Earlier in the day, analysts at S&P Global Ratings warned in a r...Reuters
Mon, Apr 28
ECB consensus builds for June rate cut but no appetite for big move, sources say
WASHINGTON, April 26 (Reuters) - European Central Bank policymakers are becoming increasingly confident about cutting interest rates in June as inflation continues its march lower, but there is little to no appetite for a big move, six sources told Reuters.
Reuters
Mon, Apr 28
China downplays impact of Trump tariffs on economic recovery
China aims for 5% growth despite U.S. tariffs, says NDRC's Zhao ChenxinIMF, major investment banks lower China's growth forecasts due to tariffsChina plans more monetary, fiscal stimulus amid trade war challengesBy Kevin Yao BEIJING, April 28 (Reuters) - Chinese policymakers on Monday sou...Reuters
Mon, Apr 28
ECB's Villeroy: there is still gradual margin for rate cuts
PARIS, April 28 (Reuters) - U.S. President Donald Trump's tariff threats are creating uncertainty around the world but there is still a margin for further interest rate cuts in Europe as inflation in the euro-zone heads lower, European Central Bank (ECB) policymaker Francois Villeroy de Galhau s...Reuters
Mon, Apr 28
EUR/GBP moves away from multi-week low, lacks bullish conviction and remains below mid-0.8500s
The EUR/GBP cross attracts some buyers during the Asian session on Monday, though it lacks bullish conviction and remains close to a nearly three-week low around the 0.8510 region touched on Friday. Spot prices currently trade just below mid-0.8500s, up less than 0.10% for the day.
Fxstreet
Mon, Apr 28
JGB yields tick lower, tracking US peers ahead of BOJ meeting
TOKYO, April 28 (Reuters) - Japanese government bond yields edged lower on Monday, under pressure from a decline in U.S. Treasury yields, with traders seeing little chance for any near-term policy tightening by the Bank of Japan.
Reuters
Mon, Apr 28
EUR/JPY slips below 163.00 as trade-related uncertainties benefit the safe-haven JPY
The EUR/JPY cross kicks off the new week on a weaker note and moves away from over a three-week top, around the 163.75 area touched on Friday. The downward trajectory drags spot prices back below the 163.00 mark during the Asian session, though it lacks bearish conviction.
Fxstreet
Mon, Apr 28
US Dollar Index remains above 97.00 due to easing US-China tensions
The US Dollar Index (DXY), which tracks the USD against six major currencies, continues to rise for the second consecutive day, trading near 99.60 during Asian hours on Monday. The US Dollar (USD) strengthens amid signs of easing tensions between the US and China.Fxstreet
Mon, Apr 28
Singapore negotiating for US concessions on pharmaceuticals, chips
April 28 (Reuters) - Singapore is negotiating concessions for pharmaceutical exports to the U.S. while ensuring it still has access to high-end AI chips from the American market, said Trade and Deputy Prime Minister Gan Kim Yong.Gan had a call with U.S. Secretary of Commerce Howard Lutnick on Friday...Reuters
Mon, Apr 28
WTI trades with modest losses around $62.70-$62.65 area, downside seems limited
West Texas Intermediate (WTI) US Crude Oil prices struggle to capitalize on modest gains registered over the past two days and attract some sellers near the $63.55 area during the Asian session on Monday.
Fxstreet
Mon, Apr 28
USD/CAD rises to near 1.3900 due to easing US-China tensions, lower Oil prices
USD/CAD is advancing for the second consecutive session, hovering around 1.3880 during Asian trading hours on Monday. The pair continues to strengthen as the US Dollar (USD) gains momentum, supported by signs of easing tensions between the US and China.
Fxstreet
Mon, Apr 28
Singapore negotiating for US concessions on pharmaceuticals, chips
April 28 - Singapore is negotiating concessions for pharmaceutical exports to the U.S. while ensuring it still has access to high-end AI chips from the American market, said Trade and Deputy Prime Minister Gan Kim Yong according to a report by The Straits Times.Gan said on Sunday that he had a call ...Reuters
Mon, Apr 28
Japanese Yen bulls seem reluctant as bets for delayed BoJ rate hike offset trade uncertainties
The Japanese Yen (JPY) oscillates in a narrow range during the Asian session on Monday and stalls the recent pullback from a multi-month high touched against its American counterpart last week.Fxstreet
Mon, Apr 28
