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Pound Sterling strengthens against US Dollar as consumer sentiment deteriorates
The Pound Sterling (GBP) extends its winning streak for the fifth trading day against the US Dollar (USD) at the start of the week.The GBP/USD pair jumps to near 1.3150 in Monday’s European session and aims to reclaim the six-month high of 1.3207, reached on April 3, as investors have dumped the...
Fxstreet
Mon, Apr 14
Philippines, preparing for U.S talks, says less vulnerable to trade shocks
MANILA, April 14 (Reuters) - A Philippine delegation will travel to the United States next month to discuss threatened tariffs on Filipino exports, while a minister said the country's smaller trade sector makes it less vulnerable than Asian neighbours to global economic shocks.Special Assistant ...Reuters
Mon, Apr 14
Indonesia to offer to increase U.S. imports to help trade talks, official says
JAKARTA, April 14 (Reuters) - Senior Indonesian ministers will travel to Washington to present their U.S. counterparts with offers of significantly increased U.S. imports and investment proposals as part of their negotiations to avoid hefty U.S. tariffs.Chief economic minister Airlangga Hartarto, Fi...Reuters
Mon, Apr 14
COLUMN-Is dollar weakness a panic signal or healthy rebalancing? Klement
By Joachim KlementApril 14 - One of the biggest surprises since Donald Trump’s "Liberation Day" tariff announcement has been the continued weakness of the U.S. dollar, which is raising fears about an emerging market-style crisis brewing in the world’s largest economy. But what we’re likely w...Reuters
Mon, Apr 14
Thailand says to discuss tariffs with United States on April 21
BANGKOK, April 14 (Reuters) - Thailand's finance and commerce ministers will lead a delegation to the United States to meet Trump administration officials and push for relief from planned heavy tariffs, a government spokesperson said on Monday.An advance team led by Finance Minister Pichai Chunh...Reuters
Mon, Apr 14
China's March exports jump in temporary boost as Trump 2.0 heaps pressure
BEIJING, April 14 (Reuters) - China's exports rose sharply in March after factories rushed out shipments before the latest U.S. tariffs took effect, but an escalating Sino-U.S. trade war has darkened the outlook for factories and growth in the world's second-biggest economy.Reuters
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
Australian Dollar holds gains following China’s trade balance data
The Australian Dollar (AUD) extends its gains against the US Dollar (USD) on Monday, supported by improved risk sentiment. The AUD/USD pair rose after US President Donald Trump announced less severe tariffs late Sunday on Chinese imports, including semiconductors and electronics.
Fxstreet
Mon, Apr 14
Vietnam tells firms to tighten control on origins of goods and materials
HANOI, April 14 (Reuters) - Vietnam has told firms to tighten controls on the origins of goods and materials and to tackle fraud, according to a ministry document that was seen by Reuters, as the country tries to avoid being hit with a 46% tariff rate by the Trump administration.The ministry also to...Reuters
Mon, Apr 14
China’s Trade Balance: Surplus balloons in March as Exports surge
China's Trade Balance for March, in Chinese Yuan (CNY) terms, arrived at CNY736.72 billion, showing a massive expansion from the previous figure of CNY122 billion.Exports jumped 13.5% YoY in March vs. 3.4% in February. The country’s imports fell 3.5% YoY in the same period vs. -7.3% booked previouslFxstreet
Mon, Apr 14
CORRECTED-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
