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Bank of Japan likely to continue interest rate hikes despite U.S. tariffs - report
Investing.com -- The Bank of Japan (BOJ) is reportedly planning to indicate next week that the potential impact of increased U.S. tariffs will not disrupt the ongoing cycle of wage growth and inflatioInvesting.com
Mon, Apr 21
GBP/USD surges above 1.3400 as threat to Fed’s independence batters US Dollar
The GBP/USD pair rallies to near 1.3400 during European trading hours on Monday, the highest level seen in seven months. The Cable strengthens as the US Dollar (USD) has been battered by the threat to the Federal Reserve’s (Fed) independence after United States (US) President Donald Trump.
Fxstreet
Mon, Apr 21
Investors flock to safety of US short-term government bond funds
By Patturaja Murugaboopathy April 21 (Reuters) - U.S. short-term government bond funds have received large inflows this month even as most other funds across asset classes suffered heavy selling in markets hit by worries over U.S. tariffs and recession risks. Treasury yields have risen this mont...Reuters
Mon, Apr 21
FXS Fed Sentiment Index remains in hawkish region as Fed independence comes under threat
The Federal Reserve (Fed) will enter the blackout period on April 26 before holding a two-day meeting on May 6-7. Markets widely expect the Fed to hold its policy rate unchanged, with the CME FedWatch Tool's probability of a 25 basis points (bps) at the May meeting holding around 10%.Fxstreet
Mon, Apr 21
Some migrants in Canada lose work status while applications languish
Paperwork for migrant workers taking months or more than a year to processMigrants lose right to work, access health care amid processing delaysSome migrants turning to exploitative employers or getting bad migration adviceBy Anna Mehler Paperny TORONTO, April 21 (Reuters) - Migrants living in Ca...Reuters
Mon, Apr 21
Markets spooked by Trump’s interest in removing Powell – UBS
US National Economic Council Director Hassett said US President Trump was investigating whether they could fire Federal Reserve Chair Powell. Investors seem less than happy with the idea of a politicized Fed—the US dollar and long-dated government bonds have weakened.Fxstreet
Mon, Apr 21
Ukraine's Naftogaz says it seeks 1 billion euros to purchase over 2 bcm of gas
By Pavel Polityuk KYIV, April 21 (Reuters) - Ukraine's state oil and gas firm Naftogaz is in talks with the government and international financial institutions to raise 1 billion euros to purchase over 2 billion cubic meters of gas for the 2025/26 heating season, the company said on Monday.It...Reuters
Mon, Apr 21
Russia's slowing economic growth cuts demand for Chinese imports
High interest rates, labour shortages squeeze Russia's growthChina has come to dominate Russian sectors such as autosChina's Russia trade cannot offset U.S. tariff hit to exportsBy Gleb Stolyarov and Alexander Marrow April 21 (Reuters) - Slowing economic growth and reduced demand for larg...Reuters
Mon, Apr 21
Asian bonds draw largest foreign inflows in seven months on rate cut hopes
April 21 (Reuters) - Asian bonds attracted the largest monthly foreign inflows in seven months in March, driven by hopes of rate cuts from regional central banks and their appeal as a haven as global assets were hit on worries over U.S. tariffs and a recession.Reuters
Mon, Apr 21
Thai exports posting higher growth in March, commerce minister says
BANGKOK, April 21 (Reuters) - Thailand's export growth in March was higher than February's 14% annual rise, while tariff negotiations with the United States set for this week are expected to proceed positively, the commerce minister said on Monday.Pichai Naripthaphan said exports, a key driv...Reuters
Mon, Apr 21
EUR/USD breaks above 1.1500 as Trump mulls over Powell’s removal
EUR/USD rallies to near 1.1570 at the start of the week, the highest level seen in three-and-a-half years. The major currency pair strengthens as the US Dollar (USD) falls further due to escalating doubts over its safe-haven status.
Fxstreet
Mon, Apr 21
US Dollar Index slumps below 98.50 on trade war woes
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, falls to near 98.30, the lowest since March 2022. The heightened uncertainty around US President Donald Trump’s tariffs and concerns over global economic growth amid the...Fxstreet
Mon, Apr 21
Thai first-quarter rice exports fall 30% annually
BANGKOK, April 21 (Reuters) - Thailand's rice exports fell 30% annually in the first quarter of this year to 2.1 million metric tons, an industry association said on Monday.The decline was due to countries delaying buying decisions and India resuming rice exports, Chookiat Ophaswongse, honorary ...Reuters
Mon, Apr 21
RPT-China's export controls are curbing critical mineral shipments to the world
By Lewis Jackson and Amy Lv BEIJING, April 20 (Reuters) - China's export controls on three metals important across the defence and chip sectors are keeping shipments at historically low levels despite high prices worldwide as Beijing flexes its control over the minerals supply chain.China is ...Reuters
Mon, Apr 21
Trump tariff worries spur record overseas demand for JGBs
By Kevin Buckland April 21 (Reuters) - The longest-dated Japanese government bonds attracted record foreign demand last month as money shifted out of U.S. debt in search of other safe havens as President Donald Trump's aggressive tariffs sparked concerns of a U.S. recession.Overseas investors...Reuters
Mon, Apr 21
Indonesia March trade surplus, wider than expected, hits 4-month high
March surplus of $4.33 bln is bigger than $2.64 bln poll f'castExports +3.16% y/y, vs -3.40% in pollImports +5.34% y/y, vs +6.60% in pollBy Stefanno Sulaiman and Gayatri SuroyoJAKARTA, April 21 (Reuters) - Indonesia reported on Monday a $4.33 billion trade surplus in March, more than expected an...Reuters
Mon, Apr 21
