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Booking Holdings posts upbeat quarterly results helped by international travel
April 29 (Reuters) - Online travel agency Booking Holdings BKNG.O beat analysts' expectations for first-quarter profit and revenue on Tuesday, as sustained demand for international travel helped the company offset weakness in the U.S. amid fears of a recession. The company has been benefiting fr...
Reuters
Tue, Apr 29
TREASURIES-Yields fall to three-week low as economic data weakens
Yields fall as economic data weakensGDP on Wednesday, payrolls on Friday next data focusesTreasury to release refunding details on WednesdayBy Karen Brettell April 29 (Reuters) - Benchmark 10-year U.S. Treasury yields fell for the sixth consecutive day to a three-week low on Tuesday after data sh...
Reuters
Tue, Apr 29
Trump set to soften auto tariffs after industry pushback
Trump administration touts deal to aid US auto manufacturersDuties to be cut on foreign parts, but not those from ChinaAuto makers would receive credits on value of vehicles assembled in USAuto companies had appealed to Trump for tariff relief By Andrea Shalal and David Lawder WASHINGTON, April 2...
Reuters
Tue, Apr 29
What to Watch in the Day Ahead - Wednesday, April 30
As President Donald Trump reaches the 100-day milestone of his second term, all eyes are on the Bureau of Economic Analysis' advance estimate for first-quarter GDP. The report is poised to offer an early glimpse into how the administration's policies are affecting the economy. The economy is...
Reuters
Tue, Apr 29
Trump says he had a good call with Amazon's Bezos
WASHINGTON, April 29 (Reuters) - U.S. President Donald Trump on Tuesday said he had a good call with Amazon AMZN.O chairman Jeff Bezos.The call follows media reports that the Republican president complained to Bezos about a report that the e-commerce giant planned to display prices that showed the i...
Reuters
Tue, Apr 29
WRAPUP 5-GM delays investor call, UPS axes 20,000 jobs as Trump's tariffs create corporate chaos
About 40 firms worldwide pull or cut forward guidance in first two weeks of Q1 earnings seasonPorsche took hit of at least 100 million euros in April-MayGM and Volvo Cars ditch annual guidance UPS to cut 20,000 jobs, cites biggest potential impact to trade in a centuryElectrolux flags weaker consume...
Reuters
Tue, Apr 29
Danes boycotting US products like Coca-Cola, Carlsberg says
LONDON, April 29 (Reuters) - Danish consumers are boycotting Coca-Cola, Carlsberg CARLb.CO CEO Jacob Aarup-Andersen said on Tuesday, noting that the brewer, which bottles the drink in Denmark, had seen Coca-Cola volumes decline while local rivals gain share. Carlsberg, which also sells Kronenbourg b...
Reuters
Tue, Apr 29
Brazil's central government posts $194 million primary budget surplus in March
BRASILIA, April 29 (Reuters) - Brazil's central government recorded a primary budget surplus of 1.096 billion reais ($194.68 million) in March, Treasury data showed on Tuesday, below the 1.323 billion reais surplus forecast by economists polled by Reuters. ($1 = 5.6297 reais)
Reuters
Tue, Apr 29
WRAPUP 2-Tariffs-related stockpiling boosts US goods trade deficit to record high
Goods trade deficit widens to record $162.0 billionImports soar to all-time high of $342.746 billionConsumer goods account for big chunk of surge in importsConsumer confidence slumps to near five-year low in AprilJob openings decrease to six-month low; layoffs remain low By Lucia MutikaniWASHINGTON,...
Reuters
Tue, Apr 29
Euro zone bond yields edge down ahead of month-end economic data deluge
Eye on key U.S. data, tech earningsEuro zone inflation reads awaitedU.S. Treasury yields dropBy Lucy Raitano LONDON, April 29 (Reuters) - Euro zone government bond yields slipped on Tuesday but remained largely rangebound as traders caught their breath ahead of this week's raft of economic da...
Reuters
Tue, Apr 29
US Lutnick: Domestic car makers could move supply chains to the US
US Secretary of Commerce Howard Lutnick unveiled White House’s plans for US auto markers.
Fxstreet
Tue, Apr 29
USD/CAD continues to hold 1.3800 on slight optimism in US-China trade war de-escalation
The USD/CAD pair moves slightly higher to near 1.3855 during North American trading hours on Tuesday. The Loonie pair gains as the US Dollar (USD) ticks higher, with investors turning slightly optimistic on de-escalation in the trade war between the United States (US) and China.
USD/CAD
Fxstreet
Tue, Apr 29
TREASURIES-Yields fall to three-week low as economic data weakens
By Karen Brettell April 29 (Reuters) - Benchmark 10-year U.S. Treasury yields fell for the sixth consecutive day to a three-week low on Tuesday after data showed that U.S. job openings dropped sharply in March while consumer confidence hit an almost five-year low. Job openings, a measure of l...
Reuters
Tue, Apr 29
Hilton cuts 2025 revenue growth forecast as US travel demand softens
By Aishwarya Jain April 29 (Reuters) - Hilton Worldwide HLT.N cut its forecast for 2025 room revenue growth on Tuesday, becoming the first U.S.-based hotel operator to temper its outlook as consumer spending on travel takes a hit from a global trade war.American consumers are growing cautious abo...
Reuters
Tue, Apr 29
REFILE-US consumer confidence plunges in April
WASHINGTON, April 29 (Reuters) - U.S. consumer confidence slumped to a nearly five-year low in April as growing concerns over tariffs weighed on the economic outlook.The Conference Board said on Tuesday its consumer confidence index dropped 7.9 points to 86.0 this month, the lowest reading since May...
Reuters
Tue, Apr 29
US job openings fall in March; layoffs decline
WASHINGTON, April 29 (Reuters) - U.S. job openings dropped sharply in March, but a decline in layoffs suggested that the labor market remained on solid footing despite an ever-shifting tariffs policy casting a pall over the economy. Job openings, a measure of labor demand, decreased 288,000 to 7.192...
Reuters
Tue, Apr 29
US CB Consumer Confidence Index dropped to 86.0 in April
US consumer sentiment extended its decline in April, as the Conference Board’s Consumer Confidence Index fell from 93.9 (revised from 92.9) to 86.0—its weakest reading since April 2020.
Fxstreet
Tue, Apr 29
United States JOLTS Job Openings below expectations (7.5M) in March: Actual (7.192M)
United States JOLTS Job Openings below expectations (7.5M) in March: Actual (7.192M)
Fxstreet
Tue, Apr 29
USD/JPY holds above 142.00 ahead of US JOLTS Job Openings data, BoJ policy eyed
The USD/JPY pair ticks higher to near 142.30 during the North American session on Tuesday. The pair edges up as the US Dollar (USD) steadies ahead of the United States (US) JOLTS Job Openings data for March, which will be published at 14:00 GMT.
USD/JPY
Fxstreet
Tue, Apr 29
US Treasury Sec. Bessent: Trump creating strategic uncertainty in negotiations
United States (US) Treasury Secretary Scott Bessent said on Tuesday that President Donald Trump is creating "strategic uncertainty" in trade negotiations, per Reuters.
Fxstreet
Tue, Apr 29
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