News
Important Only
Malaysia PM sees possible reduction in U.S. tariffs, but growth to miss target
KUALA LUMPUR, May 5 (Reuters) - There is a possibility that Malaysia can negotiate a reduction in threatened U.S. tariffs as Washington has agreed to further talks, but the global trade war meant economic growth was likely to be below target this year, the Prime Minister said on Monday.Malaysia is f...Reuters
Mon, May 5
Indonesia annual Q1 GDP growth slowest in more than three years
JAKARTA, May 5 (Reuters) - Indonesia's economy grew 4.87% in the first quarter from a year earlier, its weakest growth rate in more than three years, official data showed on Monday, compared with a 4.91% growth rate expected by analysts in a Reuters poll.The January-March growth was the slowest ...Reuters
Mon, May 5
Vietnam PM says still aiming for growth target despite U.S. tariffs
By Khanh VuHANOI, May 5 (Reuters) - Vietnam faces more challenges than opportunities because of U.S. tariffs but will still aim to meet its target of at least 8% growth this year, the Prime Minister said on Monday, ahead of the start of trade talks with Washington later this week.The Southeast Asian...Reuters
Mon, May 5
USD/INR weakens on potential US-India trade talks
The Indian Rupee (INR) gains ground on Monday. The positive developments surrounding the US-India trade deal boost sentiment, supporting the Indian currency. Additionally, the fall in crude oil prices lifts the INR as India is the world's third-largest oil consumer.Fxstreet
Mon, May 5
USD/CAD steadies near 1.3800, downside appears due to a weaker US Dollar
USD/CAD is holding steady around the 1.3800 level during Monday’s Asian session, following a decline in the previous trading day. Upside momentum for the pair may be capped as the US Dollar (USD) faces pressure, potentially due to renewed trade tensions.
Fxstreet
Mon, May 5
Japanese Yen remains on the front foot as geopolitical risks boost safe-haven assets
The Japanese Yen (JPY) trades with a mild positive bias against its American counterpart for the second straight day on Monday amid reviving safe-haven demand, though the uptick lacks bullish conviction.
Fxstreet
Mon, May 5
US President Donald Trump to impose 100% tariff on all movies produced overseas
US President Donald Trump said late Sunday that he is authorizing the US Trade Representative and the Commerce Department to begin the process of imposing a 100% tariff on imports of foreign-produced movies.Fxstreet
Sun, May 4
