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BoE's Greene: We should see some trade diversion coming from China
Bank of England (BoE) policymaker Megan Greene said on Friday that they are not sure if the weakness in the UK economy is caused by demand or supply, per Reuters.
Fxstreet
Fri, Apr 25
US consumer sentiment remains weak in April on tariffs concerns
WASHINGTON, April 25 (Reuters) - U.S. consumer sentiment ebbed for a fourth straight month in April amid concerns about the economic impact of tariffs.The University of Michigan Surveys of Consumers said on Friday its Consumer Sentiment Index came in at 52.2 this month. While that was an improvement...
Reuters
Fri, Apr 25
Russia keeps key rate on hold, braces for global turbulence
Inflation starts to decline, turning point expected in MayGlobal economic turbulence seen as key inflationary factorRouble strength seen as more sustainable in AprilEconomy slowing with oil price drop; budget revenue decliningBy Elena Fabrichnaya and Gleb Bryanski MOSCOW, April 25 (Reuters) - The...
Reuters
Fri, Apr 25
USD/JPY sets for positive weekly close above 143.00 as US Dollar rebounds
The USD/JPY pair is expected to conclude the week on a positive note above 143.00. The pair surges to near 143.50 on Friday as the US Dollar (USD) has resumed its recovery move on hopes that United States (US) President Donald Trump is close to make deals with number of his trading partners.
USD/JPY
Fxstreet
Fri, Apr 25
United States Michigan Consumer Expectations Index registered at 47.3 above expectations (47.2) in April
United States Michigan Consumer Expectations Index registered at 47.3 above expectations (47.2) in April
Fxstreet
Fri, Apr 25
United States UoM 1-year Consumer Inflation Expectations registered at 6.5, below expectations (6.7) in April
United States UoM 1-year Consumer Inflation Expectations registered at 6.5, below expectations (6.7) in April
Fxstreet
Fri, Apr 25
United States UoM 5-year Consumer Inflation Expectation in line with forecasts (4.4%) in April
United States UoM 5-year Consumer Inflation Expectation in line with forecasts (4.4%) in April
Fxstreet
Fri, Apr 25
United States Michigan Consumer Sentiment Index registered at 52.2 above expectations (50.8) in April
United States Michigan Consumer Sentiment Index registered at 52.2 above expectations (50.8) in April
Fxstreet
Fri, Apr 25
Sri Lanka secures staff-level IMF agreement on fourth review of bailout
April 25 (Reuters) - Sri Lanka has reached a staff-level agreement with the International Monetary Fund on a fourth review of an Extended Fund Facility bailout, the IMF said on Friday.On approval by the IMF Executive Board, Sri Lanka will have access to about $344 million in financing, the IMF s...
Reuters
Fri, Apr 25
Brazil inflation matches forecasts ahead of expected rate hike
SAO PAULO, April 25 (Reuters) - Brazil's annual inflation sped up in line with market expectations in early April, official data showed on Friday, hitting its highest in more than two years ahead of the central bank's next interest rate-setting meeting in May.The IPCA-15 consumer price index...
Reuters
Fri, Apr 25
7-Eleven owner says it will need to cut costs as US tariffs hit consumer confidence
Will take a hard look at its supply chain North America accounts for 73% of Seven & i's overall revenueStill plans on IPO for North American unit in second half of 2026By Anton Bridge TOKYO, April 25 (Reuters) - Seven & I Holdings 3382.T, the owner of 7-Eleven convenience stores, said...
Reuters
Fri, Apr 25
Lagarde speech: Not pre-committing to a particular rate path
European Central Bank (ECB) President Christine Lagarde said on Friday that the disinflation process in the Eurozone is well on track, per Reuters.
Fxstreet
Fri, Apr 25
POLL-South Africa 2025 economic growth forecast cut to 1.5% on tariff worries
reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=ZAGDPQP GDP forecastsreuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/cb-polls?RIC=ZAREPO%3DECI Inflation forecastsBy Vuyani Ndaba JOHANNESBURG, April 25 (Reuters) - South African economic growth will be a bit weaker this...
Reuters
Fri, Apr 25
Some European companies wary of expanding in US amid tariff chaos
Erratic US trade policy causes rethink among smaller firmsSome expansion plans are halted, orders delayedGerman industry appears to "press pause button" in US -VDMABy Giulio Piovaccari, Christoph Steitz, Victoria Waldersee MILAN/FRANKFURT/BERLIN, April 25 (Reuters) - U.S. President Donald...
Reuters
Fri, Apr 25
Chinese Embassy: US and China are not having any negotiations on tariffs
The United States and China are not engaged in any talks on tariffs, the Chinese embassy said on Friday, according to Reuters.
Fxstreet
Fri, Apr 25
Canada Retail Sales ex Autos (MoM) came in at 0.5%, above expectations (-0.4%) in February
Canada Retail Sales ex Autos (MoM) came in at 0.5%, above expectations (-0.4%) in February
Fxstreet
Fri, Apr 25
Canada Retail Sales (MoM) in line with expectations (-0.4%) in February
Canada Retail Sales (MoM) in line with expectations (-0.4%) in February
USD/CAD
Fxstreet
Fri, Apr 25
Sub-Saharan Africa must lift revenue to ride out global turbulence - IMF Africa head
Abebe says there are times when debt financing is not an optionIMF cuts 2025 regional growth forecast to 3.8% from 4.2%Blames the move on knock-on effects of trade uncertainties By Karin Strohecker and Duncan Miriri WASHINGTON/NAIROBI, April 25 (Reuters) - Sub-Saharan African economies should wor...
Reuters
Fri, Apr 25
US Dollar steady with China-US relations clouds
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, trades slightly higher and turns positive for the week on Friday.
Fxstreet
Fri, Apr 25
CNY: Waiting for the PMIs – Commerzbank
Next week, China will release its official PMIs, which, unlike in other countries, are always released on the last day of the month rather than the first day of the following month.
USD/CNH
Fxstreet
Fri, Apr 25
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