News
Important Only
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
President Trump: Carney will come to the White House
US President Donald Trump said Wednesday that Canadian Prime Minister Mark Carney is seeking to strike a trade deal and is expected to visit the White House within the next week. He also hinted at the possibility of reaching a deal with China eventually.Fxstreet
Wed, Apr 30
WRAPUP 4-US economy shrinks in first quarter as tariffs unleash flood of imports
First-quarter GDP contracts at 0.3% rateFront-loading of imports ahead of tariffs weighs on GDPConsumer spending grows at a slow, but still healthy paceInflation cools in March before tariffs escalationWages maintain moderate growth pace in first quarterBy Lucia Mutikani WASHINGTON, April 30 (Reu...Reuters
Wed, Apr 30
TREASURIES-Yields gyrate lower, investors mull weak GDP and stagflation scenario
By Alden Bentley NEW YORK, April 30 (Reuters) - Benchmark U.S. Treasury yields seesawed lower on Wednesday after a disappointing read on first-quarter U.S. growth underscored market reasoning that White House tariff uncertainty will both weaken growth and increase inflation in a dreaded "...Reuters
Wed, Apr 30
BREAKINGVIEWS-US economic stall hints at a freefall to come
By Gabriel Rubin WASHINGTON, April 30 (Reuters Breakingviews) - Though he wasn’t even president for the entire quarter, the first official report on the health of the U.S. economy in 2025 bears the unmistakable imprint of Donald Trump. An estimated 0.3% annualized decline in gross domestic produc...Reuters
Wed, Apr 30
Fed should ditch current policy framework, group of former top central bankers says
G30 panel chaired by former New York Fed President DudleyReport says 'make-up' strategy slowed inflation response, raised risksIt argues 'inclusive' approach to employment is beyond Fed's reachBy Howard Schneider WASHINGTON, April 30 (Reuters) - A group of former top world cen...Reuters
Wed, Apr 30
REFILE-INSTANT VIEW-Tame March PCE inflation no salve after downbeat Q1 US GDP report
April 30 (Reuters) - Consumer spending, which accounts for more than two-thirds of U.S. economic activity, surged 0.7% in March after an upwardly revised 0.5% gain in February, the Commerce Department' said on Wednesday. Economists polled by Reuters had forecast consumer spending would rise 0.5%...Reuters
Wed, Apr 30
Retailer Loblaw beats quarterly estimates, sees consumers opting for Canadian products
Sees Canadian product purchases go up on ecommerce platformOnboards 30 new Canadian suppliers to mitigate US tariffsSame-store sales rise in food and drug retail segments April 30 (Reuters) - Canadian retailer Loblaw L.TO exceeded analysts' expectations for first-quarter revenue and profit on...Reuters
Wed, Apr 30
Euro zone yields drop on busy data day
By Stefano Rebaudo and Alun John April 30 (Reuters) - Euro zone government bond yields dropped on Wednesday after a batch of mixed economic data both in Europe and the U.S. amid persistent concerns about a U.S. tariff-induced economic slowdown.German and French inflation data came in slightly hig...Reuters
Wed, Apr 30
FACTBOX-Trump and his campaign promises: Mapping his first 100 days
By James Oliphant WASHINGTON, April 30 (Reuters) - One of the mantras within President Donald Trump’s administration since he took office in January has been "promises made, promises kept" even as many of his campaign pledges remain unfulfilled.In the first 100 days of Trump's second ...Reuters
Wed, Apr 30
US Treasury to keep auction sizes steady over coming quarters
By Karen BrettellApril 30 (Reuters) - The U.S. Treasury Department on Wednesday said it expects to keep its coupon and floating-rate note auction sizes steady for at least the next several quarters and will study potential changes to its buyback program to support market liquidity.Analysts expect th...Reuters
Wed, Apr 30
WRAPUP 1-Europe's major banks signal caution as ominous outlook tempers profit wins
Provisions and souring loans make comeback in Q1Lenders reaffirmed targets but highlight uncertaintyShares recoup losses from April's investor exitsBy Sinead Cruise and Tommy Reggiori Wilkes LONDON, April 30 (Reuters) - Big European lenders are retaining ambitious performance targets after bu...Reuters
Wed, Apr 30
US crude, gasoline stockpiles fall; distillates build last week, EIA says
HOUSTON, April 30 (Reuters) - U.S. crude oil and gasoline stocks fell, while distillate inventories rose last week, the Energy Information Administration said on Wednesday.Crude inventories fell by 2.7 million barrels to 440.4 million barrels in the week ended April 25, the EIA said, compared with a...Reuters
Wed, Apr 30
INSTANT VIEW-Tame March PCE inflation no salve after downbeat Q1 US GDP report
April 30 (Reuters) - Consumer spending, which accounts for more than two-thirds of U.S. economic activity, surged 0.7% in March after an upwardly revised 0.5% gain in February, the Commerce Department' said on Wednesday. Economists polled by Reuters had forecast consumer spending would rise 0.5%...Reuters
Wed, Apr 30
Miu Miu's momentum powers Prada sales growth
Prada first quarter net revenues up 12.5%, driven by Miu Miu's 60% retail sales jumpMiu Miu now accounts for 31% of Prada's total revenuesPrada to adjust prices considering euro strength and potential US tariffsBy Elisa Anzolin MILAN, April 30 (Reuters) - Net revenues at Italian luxury gr...Reuters
Wed, Apr 30
