News
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TREASURIES-Benchmark yield slips as monumental Treasury shakeout pauses
10-year Treasury yield falls after last week's surgeTrump's tariff exemptions calm markets, but new tariffs loomHedge funds offloaded bonds amid market volatility, margin callsBy Alden Bentley NEW YORK, April 14 (Reuters) - Fear the U.S. Treasury market would lose its global preeminence a...Reuters
Mon, Apr 14
Mexico's finance minister to ask banks to lower interest rates, president says
MEXICO CITY, April 14 (Reuters) - Mexican President Claudia Sheinbaum said on Monday that she had instructed Finance Minister Edgar Amador to speak with banks so they can lower interest rates for both commercial and development loans.Sheinbaum said that banks should follow the central bank, known as...Reuters
Mon, Apr 14
Brazil's Bolsonaro recovering after 12-hour surgery
April 13 (Reuters) - Former Brazilian President Jair Bolsonaro is recovering after undergoing surgery on Sunday, his sixth since being stabbed in the stomach while campaigning in 2018, his wife, Michelle, said in a social media post."Surgery concluded with success," she posted. "My heart...Reuters
Mon, Apr 14
WH Economic Adviser Hassett: Making enormous progress on tariff talks with EU
In an interview with Fox Business Network on Monday, Kevin Hassett, Director of the US National Economic Council (NEC), said that they are making "enormous progress" on tariff talks with the European Union, per Reuters.Fxstreet
Mon, Apr 14
As economy stalls, Germany struggles to get consumers spending
Next government wants to boost consumer spendingBut impact of proposed policies may be limited, analysts sayGerman savings rate well above EU averageGermany faces third year of economic contractionSustainability push may also dent spending By Maria Martinez BERLIN, April 14 (Reuters) - With globa...Reuters
Mon, Apr 14
CAD in focus ahead of inflation and BoC meeting – Danske Bank
Tariff exemptions from the US offered temporary support to the dollar, but broader concerns about credibility and economic weakness continue to weigh. With market correlations breaking down and investor confidence shaken, USD pressure may persist in the near term, Danske Bank's FX analysts report.
Fxstreet
Mon, Apr 14
TRY: Keeping an eye on inflation expectations ahead of rate meeting – Commerzbank
The latest version of market inflation expectations, published on Friday by Turkey’s central bank (CBT) showed inflation expectation for end-2025 rising by 2pp from 28% to 30%. The margin is not insignificant.
Fxstreet
Mon, Apr 14
US Dollar continues to bleed on firming US economic risks
The US Dollar (USD) continues to face an intense selling pressure, with the US Dollar Index (DXY) sliding to near 99.50. The USD Index has extended its losing streak for the third trading day amid escalating trade war between the United States (US) and China.Fxstreet
Mon, Apr 14
INSIGHT-How China went from courting Trump to ‘never yield’ tariff defiance
After unsuccessfully courting Trump, Beijing takes hardline stance on tradeChina orders foreign affairs and commerce officials to cancel vacationsTrump says China has panickedChina tried to rally international support against tariffs BEIJING/WASHINGTON, April 13 (Reuters) - China has put civilian...Reuters
Mon, Apr 14
Apple takes top spot for first-quarter smartphone sales, data shows
April 14 (Reuters) - Apple AAPL.O took the top spot for global smartphone sales in the first quarter on the back of the iPhone 16e's launch and strong demand in countries such as Japan and India, data from Counterpoint Research showed on Monday. WHY IT'S IMPORTANTCounterpoint expects the sma...Reuters
Mon, Apr 14
Sony hikes PlayStation 5 price by 11% in Europe
TOKYO, April 14 (Reuters) - Sony 6758.T said it will hike the price of its PlayStation 5 (PS5) console in markets in Europe, Britain, Australia and New Zealand, citing high inflation and fluctuating exchange rates. The Japanese technology and entertainment conglomerate is raising the cost of a PS5 w...Reuters
Mon, Apr 14
CORRECTED-Sony hikes PlayStation 5 price by 11% in Europe
TOKYO, April 14 (Reuters) - Sony 6758.T said it will hike the price of its PlayStation 5 console in markets in Europe, Britain, Australia and New Zealand, citing high inflation and fluctuating exchange rates. The Japanese technology and entertainment conglomerate is raising the cost of a PlayStation...Reuters
Mon, Apr 14
Ministry warns German exposure to tariff uncertainty 'exceptionally high'
BERLIN, April 14 (Reuters) - German exports and industrial production are both in line for considerable headwinds as a result of U.S. President Donald Trump's tariff policies, the German economy ministry warned on Monday in its monthly report.Reuters
Mon, Apr 14
