News
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Switzerland flexes financial muscle ahead of tariff date in Washington
By Dave Graham ZURICH, April 23 (Reuters) - Top Swiss officials will this week test whether big commitments to the U.S. can help secure relief from import tariffs, after pharma giant Roche followed its cross-town rival Novartis in announcing major investments in the United States.Roche on Tuesday...Reuters
Wed, Apr 23
Australia's conservative opposition leader Dutton pledges defence boost if elected
Australia's conservative opposition leader pledges to boost defence spendingPeter Dutton's Liberal Party trailing in May 3 election pollingWould raise spending by A$21 billion over five years, 3% of GDP in a decadeBy Kirsty Needham SYDNEY, April 23 (Reuters) - Australia's conservative...Reuters
Wed, Apr 23
USD/INR attracts some buyers on Pahalgam terror attack
The Indian Rupee (INR) edges lower on Wednesday as rising crude oil prices and a renewed US Dollar (USD) demand weigh on sentiment and drag the Indian currency lower. The terrorist attack in Kashmir, India, contributes to the INR's downside.Fxstreet
Wed, Apr 23
ECB's Villeroy: Trump’s trade policies will weaken financial stability and growth
European Central Bank member Francois Villeroy de Galhau said on Tuesday that US President Donald Trump’s trade tirades dampen economic growth, including for the US, and threaten to undermine financial stability, per Bloomberg.Fxstreet
Wed, Apr 23
Trump says he has no plans to fire Fed's Powell; market jumps
Trump's criticism of Fed rate policy remains pointedMarket reacts positively to Trump's de-escalationTrump says China tariffs will fall substantially after a dealBy Nandita Bose WASHINGTON, April 22 (Reuters) - President Donald Trump on Tuesday backed off from threats to fire Federal Rese...Reuters
Wed, Apr 23
Japan's factory activity shrinks on tariff woes, services perk up, PMI shows
TOKYO, April 23 (Reuters) - Japan's factory activity shrank for the tenth consecutive month in April as confidence among manufacturers dived to almost 5-year lows, dented by worries about U.S. President Donald Trump's tariff policies, a private-sector survey showed on Wednesday.On the bright...Reuters
Wed, Apr 23
Australia's Judo Bank Manufacturing PMI declines to 51.7 in April, Services PMI eases to 51.4
The preliminary reading of Australia's Judo Bank Manufacturing Purchasing Managers Index (PMI) declined to 51.7 in April from 52.1 in March, the latest data published by Judo Bank and S&P Global showed on Wednesday.Fxstreet
Tue, Apr 22
