News
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EUR/INR: Indian Rupee cross rates down at the start of the European session
Indian Rupee (INR) crosses trade with a negative bias at the start of Friday, according to FXStreet data. The Euro (EUR) to the Indian Rupee changes hands at 96.93, with the EUR/INR pair declining from its previous close at 97.19.Fxstreet
Fri, Apr 25
UK Retail Sales jump 0.4% MoM in March vs. -0.4% expected
The United Kingdom (UK) Retail Sales jumped 0.4% month-over-month (MoM) in March after advancing 0.7% in February, the latest data published by the Office for National Statistics (ONS) showed Friday. Markets expected a 0.4% drop in the reported month.
Fxstreet
Fri, Apr 25
US Dollar Index rebounds above 99.50 on US trade talks progress
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, edges higher to near 99.75 during the early European session on Friday amid positive developments in negotiations with allies India, Japan and South Korea.Fxstreet
Fri, Apr 25
JGB yields rise as strong Tokyo inflation revives BOJ rate hike expectations
TOKYO, April 25 (Reuters) - Japanese government bond (JGB) yields rose across the curve on Friday after Tokyo's inflation hit a two-year high, reviving bets for the Bank of Japan's interest rate hikes. The 10-year JGB yield JP10YTN=JBTC rose 4 basis points (bps) to 1.35%, its highest since A...
Reuters
Fri, Apr 25
Indonesia wants 'fair and square' trade in US tariff talks
Indonesia wants "fair and square" relationship with U.S. Higher U.S. imports by Indonesia will not negatively impact other nationsTechnical discussions with U.S. to take place within next 2 weeks By Gayatri Suroyo and Stefanno Sulaiman JAKARTA, April 25 (Reuters) - Indonesia is prioritisi...Reuters
Fri, Apr 25
ANALYSIS-Some European companies question US expansion amid tariff chaos
Erratic US trade policy causes rethink among smaller firmsSome expansion plans are halted, orders delayedGerman industry appears to "press pause button" in US -VDMABy Giulio Piovaccari, Christoph Steitz and Victoria Waldersee MILAN/FRANKFURT/BERLIN, April 25 (Reuters) - U.S. President Don...Reuters
Fri, Apr 25
Hyundai Motor launches tariff task force, shifts some Mexico output to the US
Tuscon crossovers formerly made in Mexico are now made in the USTask force to look at sourcing more parts from the USReports 2% rise in first-quarter operating profit on weaker wonReaffirms annual earning guidance By Hyunjoo Jin, Joyce Lee and Heekyong Yang SEOUL, April 24 (Reuters) - Hyundai Mo...Reuters
Fri, Apr 25
Malaysia open to negotiate with U.S on reducing trade deficit, non-tariff barriers
KUALA LUMPUR, April 25 (Reuters) - Malaysia is open to negotiate with the United States on non-tariff barriers and reducing its trade deficit and will explore a bilateral trade agreement, its trade ministry said on Friday.Malaysia will explore alternative ways to address U.S. concerns and will ensur...Reuters
Fri, Apr 25
