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Japan's factory activity falls on US tariff worries, PMI shows
TOKYO, May 1 (Reuters) - Japan's factory activity shrank for the 10th straight month in April on weaker overseas demand and worsening concerns about U.S. tariffs, a private-sector survey showed on Thursday.The final au Jibun Bank Japan manufacturing purchasing managers' index (PMI) edged up ...Reuters
Thu, May 1
France car registrations down 5.64% in April, Tesla sales drop 59.45%
May 1 (Reuters) - New car registrations in France fell 5.64% in April from a year earlier to 138,694 vehicles, data from French car body PFA showed on Thursday.Tesla TSLA.O sales fell 59.45% to 863 vehicles last month.Since the start of the year, Tesla's sales have declined by 43.98%, while the ...Reuters
Wed, Apr 30
Mexican Peso slumps as US recession fears boost US Dollar despite surprise GDP beat
The Mexican Peso lost some ground against the US Dollar and edged down over 0.31% late during the North American session due to fears that the US could face an economic recession, as revealed by data.
Fxstreet
Wed, Apr 30
Trump appears to suggest he knows more about interest rates than Fed's Powell
April 30 (Reuters) - U.S. President Donald Trump on Wednesday appeared to suggest he knew more about interest rates than Federal Reserve Chairman Jerome Powell and that rates should be cut. "Mortgage rates are actually down slightly even though I have a guy in the Fed that I'm not a huge fan...Reuters
Wed, Apr 30
EBay announces CFO transition; sees quarterly revenue ahead of estimates
By Juby BabuApril 30 (Reuters) - E-commerce firm eBay EBAY.O said on Wednesday that its Chief Financial Officer Steve Priest will step down in May and will be replaced by Peggy Alford, who was a vice president at PayPal PYPL.O.EBay forecast second-quarter revenue above estimates and also beat market...Reuters
Wed, Apr 30
Host Hotels & Resorts beats Q1 results on strong pricing, Maui recovery
April 30 (Reuters) - Real estate investment trust Host Hotels & Resorts HST.O reported first-quarter adjusted funds from operations (FFO) above analysts' expectations on Wednesday, driven by higher pricing and a recovery in Maui.Shares of the company were up 1.9% in extended trading. Strong ...Reuters
Wed, Apr 30
Trump struggles to explain weak economic data as he reaches 100-day mark
By Trevor Hunnicutt WASHINGTON, April 30 (Reuters) - President Donald Trump on Wednesday counseled patience, cast blame and claimed victory in the face of a first-quarter U.S. economic contraction and tariffs that have taken a bite out of his popularity, saying a resurgence was around the corner....Reuters
Wed, Apr 30
BOJ to keep rates steady, cut growth forecasts
BOJ concludes 2-day meeting, decision expected 0330-0430GMTBoard seen cutting growth forecasts in quarterly reportBOJ may also cut price f'casts but see inflation around targetGovernor Ueda to brief media 0630GMTUeda faces tricky balancing act in policy communicationBy Leika Kihara TOKYO, May...Reuters
Wed, Apr 30
TREASURIES-Yields rise as investors mull weak growth and higher inflation
By Alden Bentley NEW YORK, April 30 (Reuters) - Benchmark 10-year U.S. Treasury yields rose in choppy trading on Wednesday after data showed that the U.S. economy contracted for the first time in three years in the first quarter while inflation also rose, complicating the outlook for the Federal ...Reuters
Wed, Apr 30
Fed signals rates will remain unchanged despite market bets on looming cuts
Fed's concern is above-target inflation that may worsen due to tariffsU.S. economy shrank last quarter, consumer spending slowedTraders expect an interest rate cut in JuneBy Ann Saphir April 30 (Reuters) - Federal Reserve policymakers have signaled that short-term interest rates will remain u...Reuters
Wed, Apr 30
What to Watch in the Day Ahead - Thursday, May 1
Apple is expected to report a rise in second-quarter revenue, with iPhone sales being flat in the January to March period due to competition in China and the slow rollout of Apple Intelligence features.Amazon is expected to report a rise in first-quarter revenue, driven by steady cloud demand, but w...Reuters
Wed, Apr 30
