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Sweden's economic growth will be hit by tariffs, finance minister says
HELSINKI, April 10 (Reuters) - Sweden's economic growth will be negatively affected by the international conflict over trade tariffs, Finance Minister Elisabeth Svantesson said on Thursday."It's a given that the growth outlook must be revised down when the next forecast is presented,"...Reuters
Thu, Apr 10
German economist: Turning to China in response to U.S. tariffs would be wrong path
BERLIN, April 10 (Reuters) - Germany should not seek closer economic ties with China to offset the negative effect of U.S. trade tariffs because of strategic risks, a leading economist contributing to a closely followed forecast for the German economy said on Thursday."One should not make the mi...Reuters
Thu, Apr 10
Italy industry output falls in February as economy struggles
By Antonella Cinelli ROME, April 10 (Reuters) - Italian industrial output fell 0.9% in February from the month before, broadly in line with market expectations, data showed on Thursday, offering no sign of a pick-up for the country's struggling economy.A Reuters survey of 11 analysts had poin...Reuters
Thu, Apr 10
IHS economist: global economy burdened by aggressive U.S. tariff policies
BERLIN, April 10 (Reuters) - The global economy will be burdened by "aggressive" U.S. tariff policies, a leading economist contributing to a closely followed forecast for the German economy said on Thursday.Speaking at a press conference, Klaus Weyerstrass of the Vienna-based research insti...Reuters
Thu, Apr 10
Gold price enters hotspot region with new all-time high possible
Gold price (XAU/USD) is delivering a jaw-breaking performance this Thursday in the early trading session, moving around $3,107 at the time of writing. Since Tuesday morning, the precious metal has rallied nearly 5.00%.
Fxstreet
Thu, Apr 10
Moody's Analytics cuts India's 2025 growth forecast by 30 basis points citing US tariff impact
MUMBAI, April 10 (Reuters) - Moody's Analytics has downgraded India's growth forecast for 2025 by 30 basis points to 6.1% from the baseline it forecast in March, following the latest announcement of U.S. tariffs."Although U.S. President Donald Trump has just declared a 90-day freeze on m...Reuters
Thu, Apr 10
USD/CAD holds losses below 1.4100 ahead of US CPI data
USD/CAD loses ground for the second successive day, trading around 1.4090 during the European hours on Thursday. The pair loses ground as the US Dollar (USD) remains subdued ahead of the high-impact Consumer Price Index (CPI) inflation report for March set to be published on Thursday at 12:30 GMT.
Fxstreet
Thu, Apr 10
Greek industrial output drops 0.1% y/y in February
April 10 (Reuters) - Greek industrial output declined by 0.1% year-on-year in February, after an upwardly revised 2.7% increase in January, data from statistics service ELSTAT showed on Thursday.A breakdown of index components showed manufacturing production rose 0.9% from the same month in 2024. El...Reuters
Thu, Apr 10
Greek EU-harmonised inflation rises to 3.1% y/y in March
April 10 (Reuters) - Greece's annual EU-harmonised inflation accelerated to 3.1% in March from 3.0% in February, data showed on Thursday.Month-on-month consumer inflation rose by 1.9%The cost of food and non-alcoholic beverages rose 2.3% year-on-year in March, with prices of housing up by 7.3%, ...Reuters
Thu, Apr 10
