News
Important Only
Citi cuts China GDP growth forecast to 4.2% from 4.7% for 2025
BEIJING, April 8 (Reuters) - Citi cut China's GDP growth forecast to 4.2% from 4.7% for 2025, citing rising external risks.Citi said in a note that high tariffs could drag China's growth further by at least 1.5 percentage points on an annualised basis, with an extra impact of about 0.6 perc...Reuters
Tue, Apr 8
Pound Sterling recovers against USD as US recession fears boost Fed dovish bets
The Pound Sterling (GBP) bounces back to near 1.2800 against the US Dollar (USD) in Tuesday’s European session from over a month’s low of 1.2708 posted on Monday. The GBP/USD pair recovers as the US Dollar resumes its downside move after a short-lived recovery in the last two trading days.
Fxstreet
Tue, Apr 8
TREASURIES-Sudden selloff shakes US bond market
SINGAPORE, April 8 (Reuters) - U.S. Treasuries extended a sharp retreat on Tuesday as investors were having to sell bonds to cover losses in other assets and scrambled to unwind expectations for deep U.S. rate cuts, in the latest unsettling sign of possible stress in financial markets. Monday's...Reuters
Tue, Apr 8
Poland - Factors to Watch April 8
WARSAW, April 8 - The following are significant news stories, press reports and events on Tuesday. ALL TIMES GMT (Poland: GMT + 2 hour):PRESIDENTIAL ELECTIONS Poland's ruling Civic Coalition candidate, Warsaw Mayor Rafal Trzaskowski, leads opinion polls ahead of the May 18 presidential electi...Reuters
Tue, Apr 8
Vietnam to buy US defence, security products to tackle trade gap
By Khanh Vu HANOI, April 8 (Reuters) - Vietnam will buy more American goods, including defence and security products, and has asked for a 45-day delay in the imposition of U.S. tariffs, Prime Minister Pham Minh Chinh said in a statement issued late on Monday. Hanoi will also seek faster d...Reuters
Tue, Apr 8
