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ECB's Rehn: We should not rule out rate cuts below neutral rate
European Central Bank (ECB) policymaker Olli Rehn said on Monday that underlying inflationary pressures in the Eurozone are easing, per Reuters.
Fxstreet
Mon, Apr 28
ECB’s de Guindos: Incoming data suggest modest growth in the first quarter of 2025
European Central Bank Vice President Luis de Guindos told European lawmakers in Brussels on Monday that incoming data suggest that the Eurozone economy grew at a modest pace in the first quarter of 2025, per Reuters.
Fxstreet
Mon, Apr 28
Major automakers want Congress to bar California 2035 electric vehicle plan
By David ShepardsonWASHINGTON, April 28 (Reuters) - Major automakers want Congress to bar California's landmark plan to end the sale of gasoline-only vehicles by 2035 that has been adopted by 11 other states, warning the rules could begin impacting vehicle shipments in a few months.The U.S. Hous...
Reuters
Mon, Apr 28
FACTBOX-What are the key races in Canada's federal election?
OTTAWA, April 28 (Reuters) - As Canada holds an election on Monday, Prime Minister Mark Carney's Liberals are ahead of Pierre Poilievre's Conservatives in national opinion polls. The New Democratic Party led by Jagmeet Singh is in a distant third place, while the separatist Bloc Quebecois, w...
Reuters
Mon, Apr 28
EXPLAINER-What are the potential outcomes of Canada's general election?
By David Ljunggren OTTAWA, April 28 (Reuters) - Canada will hold a general election on Monday, with polls indicating Prime Minister Mark Carney's ruling Liberals ahead of the official opposition Conservatives of Pierre Poilievre.There are 343 seats in the elected House of Commons chamber. A p...
Reuters
Mon, Apr 28
FACTBOX-Key facts about Canada's election on April 28
OTTAWA, April 28 (Reuters) - Canada will hold a general election on April 28, with polls indicating Prime Minister Mark Carney's ruling Liberals a few points ahead of the official opposition Conservatives of Pierre Poilievre. BASIC FACTS ABOUT THE ELECTIONThere are 28 million registered vote...
Reuters
Mon, Apr 28
Canada March wholesale trade most likely down 0.3% - Statscan flash estimate
TORONTO, April 28 (Reuters) - Canadian wholesale trade most likely fell 0.3% in March from February, with declines in five of the seven subsectors, Statistics Canada said in a flash estimate on Monday.The estimate was calculated based on a weighted response rate of 64.8%. The average weighted respon...
Reuters
Mon, Apr 28
US Treasury Sec. Bessent: All aspects of government are in contact with China
In an interview with CNBC on Monday, US Treasury Secretary Scott Bessent said that the all aspects of the government are in contact with China, per Reuters.
Fxstreet
Mon, Apr 28
Mexico Trade Balance, $ climbed from previous $2.212B to $3.442B in March
Mexico Trade Balance, $ climbed from previous $2.212B to $3.442B in March
Fxstreet
Mon, Apr 28
Mexico Jobless Rate s.a: 2.6% (March) vs previous 2.7%
Mexico Jobless Rate s.a: 2.6% (March) vs previous 2.7%
Fxstreet
Mon, Apr 28
Mexico Trade Balance s/a, $ dipped from previous $1.269B to $1.035B in March
Mexico Trade Balance s/a, $ dipped from previous $1.269B to $1.035B in March
Fxstreet
Mon, Apr 28
Mexico Jobless Rate dipped from previous 2.5% to 2.2% in March
Mexico Jobless Rate dipped from previous 2.5% to 2.2% in March
Fxstreet
Mon, Apr 28
RPT-Amid Trump tariffs, China's trade and economy tsar steps into spotlight
Vice Premier He Lifeng is longtime confidant of Xi JinpingHe initially underwhelmed foreign investors, but has gained confidence and experienceHe described as ideological proponent of state-led growthU.S. has so far insisted it will only negotiate on tariffs with XiBy Laurie Chen, Michael Martina ...
Reuters
Mon, Apr 28
EXCLUSIVE-China's Xi to visit Shanghai in show of strength amid trade war
Shanghai is China's main international financial hub Home to Tesla's biggest factory, foreign HQsVisit comes as China pushes back against US tariffsAnalyst says Xi could focus on tech successes SHANGHAI, April 28 (Reuters) - Chinese President Xi Jinping will visit Shanghai this week, two ...
Reuters
Mon, Apr 28
AUD/USD trades indecisively around 0.6400, US-Aussie data in focus
The AUD/USD pair recovers initial losses and turns flat around 0.6400 during European trading hours on Monday. The Aussie pair trades indecisively as investors await a slew of United States (US) economic and Australian Consumer Price Index (CPI) data, which will be released this week.
AUD/USD
Fxstreet
Mon, Apr 28
US Dollar steadies near pivotal breakout level ahead of data-packed week
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, trades broadly flat on Monday just below the 100.00-marker.
Fxstreet
Mon, Apr 28
TRY: Reversal all over again – Commerzbank
The situation surrounding the Turkish lira is, once again, deteriorating, Commerzbank's FX analyst Tatha Ghose notes.
USD/TRY
Fxstreet
Mon, Apr 28
Pound Sterling gains against US Dollar amid uncertainty over US-China trade talks
The Pound Sterling (GBP) jumps higher to near 1.3350 against the US Dollar (USD) in Monday’s European session.
GBP/USD
Fxstreet
Mon, Apr 28
Euro zone yields edge up as traders await economic data
German spending briefly back in focusTraders await US economic data for directionEuro zone inflation data due from Tuesday LONDON, April 28 (Reuters) - Euro zone government bonds edged higher on Monday, as the unusual absence of U.S. tariff-related headlines left investors waiting for direction...
Reuters
Mon, Apr 28
European gas prices slide to 9-month lows – ING
In gas, natural gas prices in Europe extended declines for a fourth straight session and fell around 4.9% day-on-day at one point in time to trade below EUR32/MWh (the lowest since July) on Friday, ING's commodity experts Ewa Manthey and Warren Patterson note.
Fxstreet
Mon, Apr 28
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