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EUR/INR: Indian Rupee cross rates down at the start of the European session
Indian Rupee (INR) crosses trade with a negative bias at the start of Friday, according to FXStreet data. The Euro (EUR) to the Indian Rupee changes hands at 95.05, with the EUR/INR pair declining from its previous close at 95.83.Fxstreet
Fri, May 2
China 'evaluating' US offer to talk tariffs; warns against 'extortion'
Beijing says door open to talks on tariffsWarns Washington not to engage in 'extortion and coercion'Commerce Ministry statement signals de-escalation in trade war BEIJING, May 2 (Reuters) - Beijing is "evaluating" an offer from Washington to hold talks over U.S. President Donald T...Reuters
Fri, May 2
Japan's shorter-dated bond yields fall on bets of slower BOJ rate hikes
TOKYO, May 2 (Reuters) - Yields on Japan's shorter-ended bonds fell on Friday amid strong investor demand for these notes, on expectations that the Bank of Japan will not raise rates soon.The BOJ on Thursday kept interest rates steady and sharply cut its growth forecasts, suggesting uncertainty ...Reuters
Fri, May 2
EUR/JPY eases from YTD peak, up a little around 164.30 ahead of Eurozone CPI
The EUR/JPY cross builds on the previous day's blowout rally following the Bank of Japan's (BoJ) policy decision and touches a fresh year-to-date top, around the 164.60-164.65 region during the Asian session on Friday.
Fxstreet
Fri, May 2
PRESS DIGEST - Wall Street Journal - May 2
May 2 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.- President Donald Trump's fiscal 2026 budget proposal, set for release Friday, will propose over $160 billion in cuts to environmental, re...Reuters
Fri, May 2
As Trump moves to tax small parcels, some retailers give up on US
US tariff exemption for low-value items from China ends Friday Ecommerce goods from China face jump to 145% tariffsSome online retailers stop serving U.S. over tariffsShein seeks to reassure shoppers in Instagram postBy Helen Reid LONDON, May 2 (Reuters) - As the United States ends a tariff exemp...Reuters
Fri, May 2
WRAPUP 1-Tariff-induced uncertainty seen curbing US job growth in April
Nonfarm payrolls forecast increasing 130,000 in AprilUnemployment rate expected to hold steady at 4.2%Average hourly earnings seen rising 0.3%; up 3.9% year-on-yearAverage workweek likely held steady at 34.2 hoursBy Lucia Mutikani WASHINGTON, May 2 (Reuters) - U.S. job growth likely slowed in Apr...Reuters
Fri, May 2
China 'evaluating' US offer to negotiate tariffs; Beijing's door is 'open'
BEIJING, May 2 (Reuters) - Beijing is "evaluating" an offer from Washington to hold talks over U.S. President Donald Trump's crippling tariffs, China's Commerce Ministry said on Friday, signalling a potential de-escalation in the trade war that has roiled global markets.The United St...Reuters
Fri, May 2
