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GBP/USD falls to near 1.2850 following renewed US-China trade tension
The GBP/USD pair snapped its two-day winning streak, retreating to around 1.2850 during Asian trading hours on Thursday. The British Pound (GBP) came under pressure following the release of weaker-than-expected data from the RICS Housing Price Balance, which showed just a 2% increase in March.
Fxstreet
Thu, Apr 10
US tariffs may cut Indonesia growth by up to 0.5%, minister says
KUALA LUMPUR, April 10 (Reuters) - Planned U.S. tariffs could reduce Indonesia's potential growth by 0.3% to 0.5% of GDP, but a 90-day pause in implementing the levies allows time to discuss solutions, Indonesia's finance minister told Reuters on Thursday.Reuters
Thu, Apr 10
WRAPUP 1-US consumer prices seen mild in March before tariffs tsunami
Consumer price index forecast increasing 0.1% in MarchCPI estimated to have risen 2.6% year-on-yearCore CPI seen gaining 0.3%; climbing 3.0% year-on-yearBy Lucia Mutikani WASHINGTON, April 10 (Reuters) - U.S. consumer prices likely increased marginally in March, but inflation risks are tilted to ...Reuters
Thu, Apr 10
PRESS DIGEST-New York Times business news - April 10
April 10 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- The House of Representatives on Wednesday approved resolutions striking down a $5 cap on most bank overdraft fees and overturnin...Reuters
Thu, Apr 10
China's deflationary pressures persist as trade gloom worsens
CPI falls in March, missing forecastsPPI falls at fastest pace in four monthsDeflationary pressures to deepen in months ahead, analyst says BEIJING, April 10 (Reuters) - China's consumer prices fell for the second straight month in March while factory-gate deflation worsened, as an escalating...Reuters
Thu, Apr 10
RPT-Ray Dalio calls for US trade deal with China
April 10 (Reuters) - Ray Dalio, founder of the world's largest hedge fund, called for a U.S. deal with the Chinese on tariffs and said that the next goal for U.S. President Donald Trump's administration should be to cut the country's deficit to 3% of GDP."Trump's decision to step...Reuters
Thu, Apr 10
Chinese sellers on Amazon to hike prices or exit the US on Trump’s tariff blow - Association head
Wang Xin, the head of the Shenzhen Cross-Border E-Commerce Association, which represents more than 3,000 Amazon sellers, told Reuters on Thursday that Chinese companies that sell products on Amazon are considering hiking prices for the United States (US) or looking to find new markets due to a big b
Fxstreet
Thu, Apr 10
Ray Dalio calls for US trade deal with China
April 9 (Reuters) - Ray Dalio, founder of the world's largest hedge fund, called for a U.S. deal with the Chinese on tariffs and said that the next goal for U.S. President Donald Trump's administration should be to cut the country's deficit to 3% of GDP."Trump's decision to step ...Reuters
Thu, Apr 10
US, Vietnam agree to start trade deal talks as tariffs paused, Hanoi says
HANOI, April 10 (Reuters) - The United States and Vietnam agreed to start talks for a trade agreement, the Vietnamese government said on Thursday, hours after the U.S. paused the implementation of global "reciprocal" tariffs, including a 46% levy on Vietnam.The two countries will consider re...Reuters
Thu, Apr 10
Vietjet signs $300 million finance deal, in talks to expand order with Boeing
HANOI, April 10 (Reuters) - Vietnamese budget carrier Vietjet said on Thursday it has signed an agreement worth $300 million with AV AirFinance, a partner of investment fund KKR KKR.N, to fund the expansion of its fleet.Thursday's announcement confirmed a Reuters report last week on the finance ...Reuters
Thu, Apr 10
Japan nominates ex-Mitsubishi Corp executive Masu to join Bank of Japan board
By Makiko Yamazaki TOKYO, April 10 (Reuters) - The Japanese government on Thursday nominated Kazuyuki Masu, a former chief financial officer of Mitsubishi Corp 8058.T , to join the Bank of Japan's nine-member policy board.Masu would replace former Hitachi 6501.T executive Toyoaki Nakamura, se...Reuters
Thu, Apr 10
Vietjet signs $300 million finance agreement with AV AirFinance
HANOI, April 10 (Reuters) - Vietnamese budget carrier Vietjet said on Thursday it has signed an agreement worth $300 million with AV AirFinance, a partner of investment fund KKR, to fund the expansion of its fleet.In a statement, the airline also said it was in talks to expand its order of 200 Boein...Reuters
Thu, Apr 10
