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ECB's Nagel warns of 'significant' impact of tariffs on Germany
BERLIN, April 24 (Reuters) - Tariffs pose a "significant" risk to growth in the euro zone's largest economy Germany, ECB policymaker Joachim Nagel said in Washington on Thursday."We are relatively certain that the impact on inflation in the U.S. will be stronger than in the euro zone...Reuters
Thu, Apr 24
RPT-BREAKINGVIEWS-US-China trade deal would be tricky and tenuous
By Una Galani HONG KONG, April 24 (Reuters Breakingviews) - Donald Trump and Xi Jinping have an interest coming to the negotiating table. The U.S. president’s 145% additional tariff on many Chinese goods, and his counterpart in Beijing’s corresponding 125% charge, are unsustainable. The problem i...Reuters
Thu, Apr 24
USD/JPY falls back to near 142.30 as USD’s relief recovery shrinks
The USD/JPY pair retreats to near 142.30 during European trading hours on Thursday after a relief recovery move seen in the last two trading days. The pair falls back as the US Dollar Index (DXY) retraces after failing to extend its two-day recovery above the key level of 100.00.
Fxstreet
Thu, Apr 24
Dover beats first quarter profit estimates helped by data center demand
April 24 (Reuters) - Dover DOV.N on Thursday beat first-quarter profit estimates, helped by strong sales at its segment that makes components to cool down servers at data centers. Global appetite for artificial intelligence has fueled demand for data centers, benefiting industrial parts makers and m...Reuters
Thu, Apr 24
German economy to flatline in 2025 as tariff turmoil hits, government says
BERLIN, April 24 (Reuters) - The German government cut its economic growth forecast on Thursday and now sees stagnation in 2025 instead of a 0.3% expansion as uncertainty from global trade disputes is set to hobble growth and dampen investment.Germany was the only G7 economy that failed to grow for ...Reuters
Thu, Apr 24
Euro zone yields fall as global mood turns more fragile
German business morale unexpectedly improves in April - IfoTariffs and trade tensions remain a focusBy Yadarisa Shabong April 24 (Reuters) - Euro zone government bond yields dipped on Thursday after a rise in the previous session as global market sentiment turned more negative, pushing investors ...Reuters
Thu, Apr 24
Procter & Gamble lowers annual forecasts as trade war hits consumer demand
P&G reports bigger-than-expected drop in third-quarter net salesCompany says US shoppers slowed spending in February and MarchP&G faces competition from private label brands amid price hikesBy Jessica DiNapoli, Juveria Tabassum April 24 (Reuters) - Procter & Gamble PG.N on Thursday lo...Reuters
Thu, Apr 24
AUD/USD bounces back to near 0.6400 as US Dollar’s recovery fizzle out
The AUD/USD pair rebounds to near 0.6390 during European trading hours on Thursday. The Aussie pair recovers as the two-day recovery in the US Dollar (USD) has fizzled out despite ebbing fears of an intense trade war between the United States (US) and China.Fxstreet
Thu, Apr 24
