News
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Japan March factory output falls 1.1% month-on-month
TOKYO, April 30 (Reuters) - Japan's factory output fell 1.1% in March from the previous month, worse than a median market forecast for a 0.4% fall, government data showed on Wednesday.Manufacturers surveyed by the Ministry of Economy, Trade and Industry expect seasonally adjusted output to incre...Reuters
Tue, Apr 29
Mexican Peso firms as softer US data boosts risk appetite
The Mexican Peso (MXN) appreciated against the US Dollar (USD) after touching a daily low of 19.65, as risk appetite improved following the release of softer-than-expected data. At the time of writing, USD/MXN trades at 19.56, down 0.12%.
Fxstreet
Tue, Apr 29
Electronic Arts lays off hundreds, cancels 'Titanfall' game, Bloomberg News reports
April 29 (Reuters) - Electronic Arts EA.O is laying off hundreds of workers and is canceling a Titanfall game that was in development at its Respawn Entertainment unit, Bloomberg News reported on Tuesday.About 300 to 400 positions were eliminated, including around 100 at Respawn, the report said, ci...Reuters
Tue, Apr 29
FICO quarterly profit rises on scores business strength
April 29 (Reuters) - Fair Isaac Corporation FICO.N, widely known as FICO, reported a 25% jump in second-quarter profit on Tuesday, helped by growth in its scores segment.U.S. consumer debt delinquencies have climbed to the highest levels since the early days of pandemic, underscoring growing financi...Reuters
Tue, Apr 29
Australia CPI expected to show inflation eased further in Q1, backing case for more rate cuts
Australia will release multiple inflation figures on Wednesday and financial markets anticipate price pressures easing further at the beginning of 2025, paving the way for additional Reserve Bank of Australia (RBA) interest rate cuts.
Fxstreet
Tue, Apr 29
Carney spoke to Trump, agreed to meet in near future, says Canada
OTTAWA, April 29 (Reuters) - Prime Minister Mark Carney on Tuesday spoke to U.S. President Donald Trump, who congratulated the Canadian leader on Monday's election win, Carney's office said in a statement on Tuesday."The leaders agreed on the importance of Canada and the United States wo...Reuters
Tue, Apr 29
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
