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India HSBC Composite PMI came in at 59.5, above forecasts (58.6) in March
India HSBC Composite PMI came in at 59.5, above forecasts (58.6) in March
Fxstreet
Fri, Apr 4
Nonfarm Payrolls forecast: US job growth set to ease in March amid economic uncertainty
The all-important United States (US) Nonfarm Payrolls (NFP) data for March will be released by the Bureau of Labor Statistics (BLS) on Friday at 12:30 GMT.
Fxstreet
Fri, Apr 4
AUD/USD plummets below mid-0.6200s as trade-war fears lift RBA rate cut bets
The AUD/USD pair comes under intense selling pressure during the Asian session on Friday and retreats further from a nearly three-week high, around the 0.6400 neighborhood touched the previous day.
AUD/USD
Fxstreet
Fri, Apr 4
Gold price hovers $3,100; bullish bias remains ahead of US NFP report
Gold price (XAU/USD) struggles to capitalize on the previous day's late rebound from the $3,054 area, or a one-week low, and attracts fresh sellers during the Asian session on Friday.
Gold
Fxstreet
Fri, Apr 4
Singapore disappointed with 10% tariffs, will seek negotiation with the US: trade minister
SINGAPORE, April 3 (Reuters) - Singapore's trade minister said the wealthy financial hub was disappointed that the U.S. had imposed a 10% tariff on its exports despite it having a free-trade agreement and running a trade deficit with the United States.Singapore could take countermeasures under t...
Reuters
Fri, Apr 4
WRAPUP 1-Slow, steady US job growth expected in March
Nonfarm payrolls forecast increasing 135,000 in MarchDOGE firings to accelerate federal government job lossesUnemployment rate expected to hold steady at 4.1%Average hourly earnings seen rising 0.3%; up 3.9% y/yBy Lucia Mutikani WASHINGTON, April 4 (Reuters) - U.S. job growth likely slowed in Mar...
Reuters
Fri, Apr 4
EXCLUSIVE-Morgan Stanley raising about $680 million for Japan real estate fund, sources say
Rising interest rates, inflation fuel Japanese real estate revivalGlobal investor demand drives fund establishment and expansionOffice sector draws investment in back-to-work pushActivist investors spur Japan companies to sell property holdings By Miho Uranaka and Anton BridgeTOKYO, April 4 (Reuters...
Reuters
Fri, Apr 4
USD/CAD hangs near multi-month low, below 1.4100 ahead of US/Canadian jobs data
The USD/CAD pair remains under some selling pressure for the fourth straight day on Friday and currently trades around the 1.4070 area, down 0.15% for the day.
USD/CAD
Fxstreet
Fri, Apr 4
USD/INR holds steady as traders brace for US NFP release
The Indian Rupee (INR) trades flat on Friday after gaining in the previous session. A robust recovery in local equities could provide some support to the Indian currency.
Fxstreet
Fri, Apr 4
Japanese Yen seems poised to appreciate further amid a global meltdown
The Japanese Yen (JPY) edges lower during the Asian session on Friday amid worries about the potential economic fallout from US President Donald Trump's reciprocal tariffs.
USD/JPY
Fxstreet
Fri, Apr 4
EXCLUSIVE-Morgan Stanley raising about $680 million for Japan real estate fund, sources say
By Miho Uranaka and Anton BridgeTOKYO, April 4 (Reuters) - Morgan Stanley MS.N is raising about 100 billion yen ($684 million) for a Japan-focused real estate fund, two people familiar with the matter said, highlighting investor interest in property as the world's fourth-largest economy emerges ...
Reuters
Fri, Apr 4
BoJ’s Ueda says US tariffs likely to exert downward pressure on Japan, global economies
Bank of Japan Governor Kazuo Ueda said early Friday that US tariffs are likely to exert downward pressure on Japan and the global economies.
Fxstreet
Fri, Apr 4
Vietnam foreign ministry says regrets US tariff decision
HANOI, April 4 (Reuters) - Vietnam's foreign ministry on Friday said it regrets the U.S. decision to impose reciprocal tariffs on its exports. "We believe that the decision is not in line with the reality of mutually beneficial economic and trade cooperation between the two countries," M...
Reuters
Fri, Apr 4
Japan February household spending dips as inflation weighs
TOKYO, April 4 (Reuters) - Japanese household spending fell for the first time in three months in February, government data showed on Friday, highlighting consumer wariness in the face of high prices, but the decline was less than economists had feared.Lacklustre personal consumption is a source of ...
Reuters
Fri, Apr 4
BoJ’s Uchida says will raise rates if inflation rises and economy improves
Bank of Japan Deputy Governor Shinichi Uchida said on Friday that the central bank will raise interest rates if underlying inflation heightens against the background of continued improvements in the economy.
Fxstreet
Fri, Apr 4
Japan's Kato concerns about tariffs impact on economies
Japan’s Finance Minister Shunichi Kato said late Thursday that he is concerned about US tariffs that will impact the Japanese economy and could have a significant impact on trade systems. However, Kato does not comment on foreign exchange.
Fxstreet
Fri, Apr 4
Trump administration sued over Chinese import tariffs - Reuters
New Civil Liberties Alliance, a conservative legal group, on Thursday filed what it said was the first lawsuit seeking to block US President Donald Trump's tariffs on Chinese imports, claiming that the president overstepped his authority, per Reuters.
Fxstreet
Thu, Apr 3
Japan considering an extra budget to address tariffs
Japanese media Asahi reported on Thursday that the Japanese government is considering what actions to take over the new tariffs, including an extra budget.Prime Minister Shigeru Ishiba on Thursday highlighted its disappointment and "serious concern" over the US move to impose reciprocal tariffs on t
Fxstreet
Thu, Apr 3
Japan Overall Household Spending (YoY) above forecasts (-1.7%) in February: Actual (-0.5%)
Japan Overall Household Spending (YoY) above forecasts (-1.7%) in February: Actual (-0.5%)
Fxstreet
Thu, Apr 3
RPT-ANALYSIS-Trump's global tariffs hurt China with 'all-round blockade'
China is the economy most exposed to global demand shocksNo place to hide for Chinese exporters offshoring productionGrowth, deflation risks mount in ChinaBeijing faces pressure to unleash more stimulusBy Ellen Zhang and Casey Hall DONGGUAN, China, April 3 (Reuters) - Chinese outdoor furniture ma...
Reuters
Thu, Apr 3
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