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INSTANT VIEW-World markets slide as Trump tariffs fan trade war fears
April 3(Reuters) - World markets were left reeling on Thursday after U.S. President Donald Trump unveiled reciprocal tariffs to match duties put on U.S. goods by other countries. Stock markets tumbled and investors dashed to the relative safety of bonds, gold and the yen. S&P 500 futures ESc...
Reuters
Thu, Apr 3
Trump tariffs endanger global economic stability, ECB officials say
FRANKFURT, April 3 (Reuters) - U.S. President Donald Trump's decision to impose a raft of tariffs on key trade partner endangers global financial stability, will weigh on growth and increase volatility in inflation, key ECB policymakers said on Thursday. Among the closes U.S. allies, the EU ...
Reuters
Thu, Apr 3
INSTANT VIEW-World markets slide as Trump tariffs fan trade war fears
April 3(Reuters) - World markets were left reeling on Thursday after U.S. President Donald Trump unveiled reciprocal tariffs to match duties put on U.S. goods by other countries. Stock markets tumbled and investors dashed to the relative safety of bonds, gold and the yen. S&P 500 futures EScv1 d...
Reuters
Thu, Apr 3
Forex Today: US Dollar under heavy pressure as trade war deepens
Here is what you need to know on Thursday, April 3:
Fxstreet
Thu, Apr 3
German services sector grows modestly in March, PMI shows
BERLIN, April 3 (Reuters) - Germany's service sector maintained modest growth in March, extending its expansion streak to four months, though the pace slowed as new business continued to decline, S&P Global reported on Thursday.The final HCOB Purchasing Managers' Index (PMI) for the serv...
Reuters
Thu, Apr 3
Vietnam maintains 8% growth goal amid US tariff challenge
By Khanh Vu and Phuong Nguyen HANOI, April 3 (Reuters) - Vietnam's Prime Minister, Pham Minh Chinh, pledged on Thursday to maintain the country's economic growth target of at least 8% for this year, despite the U.S. imposing a hefty 46% tariff on the Southeast Asian nation's exports. ...
Reuters
Thu, Apr 3
ECB’s de Guindos: This uncertainty means we need to be extremely
European Central Bank (ECB) Vice President Luis de Guindos said on Thursday, “in terms of monetary policy, this uncertainty means we need to be extremely prudent when determining the appropriate stance.”
EUR/USD
Fxstreet
Thu, Apr 3
ECB’s Stournaras: US tariffs not an obstacle to April rate cut
European Central Bank (ECB) policymaker Yannis Stournaras said on Thursday, “US tariffs not an obstacle to April rate cut.”
EUR/USD
Fxstreet
Thu, Apr 3
Spain HCOB Services PMI below forecasts (55.5) in March: Actual (54.7)
Spain HCOB Services PMI below forecasts (55.5) in March: Actual (54.7)
Fxstreet
Thu, Apr 3
Yields dive as Trump tariffs spark fears of recession
SINGAPORE/LONDON, April 3 (Reuters) - U.S. Treasury yields dived to multi-month lows on Thursday after U.S. President Donald Trump unleashed larger-than-expected tariffs on the world, sparking panic over the potential for recession and sending investors fleeing into safe havens.
Reuters
Thu, Apr 3
Turkey Consumer Price Index (YoY) below forecasts (38.9%) in March: Actual (38.1%)
Turkey Consumer Price Index (YoY) below forecasts (38.9%) in March: Actual (38.1%)
USD/TRY
Fxstreet
Thu, Apr 3
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
Turkey Consumer Price Index (MoM) below forecasts (3%) in March: Actual (2.46%)
Turkey Consumer Price Index (MoM) below forecasts (3%) in March: Actual (2.46%)
USD/TRY
Fxstreet
Thu, Apr 3
ECB’s Nagel: Will have to reassess the situation
European Central Bank (ECB) policymaker and Bundesbank President Joachim Nagel said on Thursday that “the ECB will have to reassess the situation.”
EUR/USD
Fxstreet
Thu, Apr 3
EUR/INR today: Indian Rupee cross rates edge higher at the start of the European session
Indian Rupee (INR) crosses trade on the front foot at the beginning of Thursday, according to FXStreet data.
Fxstreet
Thu, Apr 3
Loss-free Greater China property reinsurance rates down low double digits
Loss-free property risks price down in the low double digitsReinsurance terms and conditions largely unchanged at renewalsGreater China represents long-term growth opportunity for ILS marketBy Michael JonesApril 3 - (The Insurer) - Stable reinsurance demand and increasing availability and deployment...
Reuters
Thu, Apr 3
World leaders condemn Trump's tariffs, some pledge retaliation
Major U.S. allies not spared from tariffsChina vows to safeguard its interestsConsequences will be dire for millions, Europe's von der Leyen saysFor full list of tariffs, click here https://www.reuters.com/graphics/USA-TRUMP/TARIFFS/zgvojjgxmpd/April 3 (Reuters) - Countries across the world, inc...
Reuters
Thu, Apr 3
Switzerland Consumer Price Index (MoM) meets forecasts (0%) in March
Switzerland Consumer Price Index (MoM) meets forecasts (0%) in March
USD/CHF
Fxstreet
Thu, Apr 3
Switzerland Consumer Price Index (YoY) came in at 0.3% below forecasts (0.5%) in March
Switzerland Consumer Price Index (YoY) came in at 0.3% below forecasts (0.5%) in March
USD/CHF
Fxstreet
Thu, Apr 3
Southeast Asia nations, hit particularly hard by US tariffs, prep for talks with Trump
Six Southeast Asian nations hit with tariffs between 32% and 49%Vietnam's exports to US account for almost 30% of GDP Thailand hopeful that talks will bring down its 37% tariffs So far, none have said they plan retaliatory tariffsBy Francesco Guarascio and Orathai Sriring HANOI/BANGKOK, April...
Reuters
Thu, Apr 3
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