News
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CORRECTED-German consumer sentiment improves in May but still weighed by uncertainty, GfK survey shows
BERLIN, April 29 (Reuters) - German consumer sentiment improved further heading into May as the prospect of a new government appeared to soothe households, countering some of the uncertainty unleashed by tensions over import tariffs for now, a survey indicated on Friday.The consumer sentiment index,...Reuters
Tue, Apr 29
Euro zone bonds take a breather ahead of busy few days for economic data
LONDON, April 29 (Reuters) - Euro zone government bonds held steady in early trading on Tuesday as traders used the absence of any major new tariff developments to catch their breath ahead of a raft of economic data coming later in the week. U.S. GDP, inflation and employment data are all due this w...Reuters
Tue, Apr 29
Australia's surge in wine exports to China begins to slow
By Peter Hobson CANBERRA, April 29 (Reuters) - Australia's wine export boom to China that followed an improvement in relations between the two countries is showing signs of slowing, amid a broader global decline in the number of bottles headed to the world's second-largest economy.China i...Reuters
Tue, Apr 29
RPT-Biggest risk to markets is a fragmented world, says Norway wealth fund CEO
Fragmented world leads to lower growth, higher prices, CEO says"Looks like" we are in this situation, he addsTo focus on optimising fund in his second and final termBy Gwladys Fouche OSLO, April 28 (Reuters) - The world economy appears to be fragmenting, posing the biggest risk to markets...Reuters
Tue, Apr 29
USD/INR softens on steady FII inflows, positive US-India trade talks
The Indian Rupee (INR) extends its upside on Tuesday after logging its best day in more than two weeks in the previous session. The positive developments surrounding US-India trade talks provide some support to the local currency.Fxstreet
Tue, Apr 29
USD/CAD depreciates to near 1.3800 as Canadian Dollar gains on early election outcome
The USD/CAD pair remains under pressure for the second straight session, hovering around 1.3820 during Asian trading hours on Tuesday. The pair weakens as the Canadian Dollar (CAD) gains modestly, supported by early election results in Canada.Fxstreet
Tue, Apr 29
Australian Dollar edges lower as US Dollar appreciates due to easing global trade tensions
The Australian Dollar (AUD) is edging lower on Tuesday after registering more than 0.50% gains against the US Dollar (USD) in the previous session. The AUD/USD pair depreciates as the US Dollar appreciates amid easing global trade tensions.
Fxstreet
Tue, Apr 29
White House official says Trump expected to soften auto tariffs - WSJ
According to the Wall Street Journal, US President Donald Trump plans to soften the impact of his automotive tariffs by preventing duties on foreign-made cars from stacking with other tariffs and easing levies on foreign parts used in car manufacturing. Those actions are expected tomorrow.Fxstreet
Mon, Apr 28
Mexican Peso slips despite strong trade data, as US trade worries persist
The Mexican Peso weakened by 0.48% against the US Dollar on Monday, despite Wall Street gains and a 0.64% drop in the US Dollar Index (DXY). At the time of writing, the USD/MXN trades at 19.58 after bouncing off daily lows of 19.47.
Fxstreet
Mon, Apr 28
US Treasury expects to borrow $514 billion in second quarter
April 28 (Reuters) - The U.S. Treasury said on Monday it expects to borrow $514 billion in the second quarter, $391 billion higher than its February estimate, mainly due to a lower cash balance at the beginning of the quarter and projected lower net cash flows.The second-quarter financing estimate a...Reuters
Mon, Apr 28
Trade talks with UK moving in positive way, White House says
WASHINGTON, April 28 (Reuters) - Trade talks between the United States and Britain are moving in a positive direction, the White House said on Monday."As for the trade talks, I understand they are moving in a very positive way with the United Kingdom," White House spokesperson Karoline Leavi...Reuters
Mon, Apr 28
Rabanne owner Puig posts 8% rise in first-quarter sales
MADRID, April 28 (Reuters) - Puig, the Barcelona-based company behind perfume brands Rabanne, Carolina Herrera and Jean Paul Gaultier, reported an 8% rise in first-quarter sales on Monday, beating analysts' expectations.The company reported 1.21 billion euros ($1.38 billion) in sales during the ...Reuters
Mon, Apr 28
