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'Victory of faith', Vietnamese celebrate 50 years since end of Vietnam War
Vietnam War ended on April 30, 1975 when Saigon fellMilitary parade in HCMC with thousands troops, including ChineseHanoi is now close to U.S., but ties strained by tariff threatsBy Minh Nguyen and Francesco Guarascio HO CHI MINH CITY, April 30 (Reuters) - Thousands of Vietnamese celebrated the 5...Reuters
Wed, Apr 30
USD/INR strengthens as India and Pakistan tension escalates
The Indian Rupee (INR) weakens on Wednesday, pressured by rising geopolitical tensions between India and Pakistan. Many tourist sites in Kashmir have been closed since Tuesday, as traders react to unverified reports of military activity.Fxstreet
Wed, Apr 30
USD/CAD holds gains near 1.3850 as trade optimism supports US Dollar
USD/CAD is holding gains for a second consecutive session, trading near 1.3840 during Wednesday’s Asian session. The pair remains supported as the US Dollar (USD) benefits from renewed optimism surrounding US-China trade developments.
Fxstreet
Wed, Apr 30
NZD/USD remains confined in a narrow range below mid-0.5900s after Chinese PMIs
The NZD/USD pair struggles to gain any meaningful traction during the Asian session on Wednesday and languishes near the lower end of a nearly two-week-old trading range. Spot prices hold steady around the 0.5930 region and move little following the release of Chinese PMIs.
Fxstreet
Wed, Apr 30
Australian Dollar gains ground following CPI, China's PMI data
The Australian Dollar (AUD) is gaining ground on Wednesday following a more than 0.50% decline against the US Dollar (USD) in the previous session. The AUD/USD pair appreciates following the release of key economic data from Australia and China.
Fxstreet
Wed, Apr 30
China's factory activity slows as US tariffs hit export orders
Caixin manufacturing PMI at 50.4 in April vs 51.2 in MarchNew export orders fall at sharpest pace since July 2023Job shedding worsens with downsizing, cost-saving efforts BEIJING, April 30 (Reuters) - China's factory activity slowed at the start of the second quarter, with a sharp fall in new...Reuters
Wed, Apr 30
China's non-manufacturing activity slows in April, PMI shows
BEIJING, April 30 (Reuters) - China's non-manufacturing activity slowed in April, an official survey showed on Wednesday.The official non-manufacturing purchasing managers' index (PMI), which includes services and construction, slowed to 50.4 from 50.8 in March, according to the National Bur...Reuters
Wed, Apr 30
China's manufacturing activity falls in April, PMI shows
BEIJING, April 30 (Reuters) - China's manufacturing activity contracted in April, an official survey showed on Wednesday, reversing two months of recovery and keeping alive calls for further stimulus as Donald Trump's 145% tariffs called time on producers front-loading shipments. The officia...Reuters
Wed, Apr 30
China's NBS Manufacturing PMI contracts to 49 in April, Non-Manufacturing PMI dips to 50.4
China’s official Manufacturing Purchasing Managers' Index (PMI) contracted to 49 in April, compared to March’s 50.5. The reading came in below the market consensus of 49.9 in the reported month.Fxstreet
Wed, Apr 30
BREAKINGVIEWS-China’s automakers will lead a race to the bottom
By Katrina Hamlin HONG KONG, April 30 (Reuters Breakingviews) - Donald Trump’s global trade war is set to heat up competition outside the world’s two largest auto markets, China and the United States. Yet both the People’s Republic and Detroit will share in the pain.Washington had locked Chinese ...Reuters
Wed, Apr 30
