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Carney ahead in polls as Canada enters last week of election campaign
Liberal leader Carney seeks mandate to take on TrumpPrime Minister Carney says Trump poses a huge threat to CanadaLiberals lead with 43.7% in polls, Conservatives at 36.3%By Promit MukherjeeCHARLOTTETOWN, Prince Edward Island, April 21 (Reuters) - Canadian Prime Minister Mark Carney, ahead in polls ...Reuters
Mon, Apr 21
LIVE MARKETS-Trump, Powell spat raises fears for renewed inflation
Main US indexes decline; Nasdaq down >2.5%Mar leading index change MM -0.7% vs -0.5% estimateAll S&P 500 sectors red; Cons Disc off mostDollar slides; crude down >2.5%; gold up >2.5%; bitcoin up >3.5%U.S. 10-Year Treasury yield rises to ~4.36%Welcome to the home for real-time coverag...Reuters
Mon, Apr 21
US leading indicator declines sharply in March amid tariffs
WASHINGTON, April 21 (Reuters) - A gauge of future U.S. economic activity fell sharply in March, potentially flagging tepid growth this year amid tariffs.The Conference Board said on Monday its Leading Economic Index dropped 0.7% last month after decreasing 0.2% in February. Economists polled by Reu...Reuters
Mon, Apr 21
Trump warns of economic slowdown unless Fed cuts rates
April 21 (Reuters) - The U.S. economy can slow down unless interest rates are lowered immediately, President Donald Trump said on Monday, repeating his criticism of Federal Reserve Chair Jerome Powell as being slow."With these costs trending so nicely downward, just what I predicted they would d...Reuters
Mon, Apr 21
US Pres. Trump: Preemptive cuts in interest rates are being called for by many
In a post published on Truth Social on Monday, US President Donald Trump voiced his criticism over the Federal Reserve's (Fed) monetary policy and accused Fed Chairman Jerome Powell of lowering interest rates in late 2024 for political purposes.Fxstreet
Mon, Apr 21
LIVE MARKETS-US stocks tumble with Trump-Fed tension
Main US indexes decline; Nasdaq down ~2%All S&P 500 sectors red; Cons Disc off mostDollar slides; crude down >2.5%; bitcoin, gold both up >2.5%U.S. 10-Year Treasury yield rises to ~4.37%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share...Reuters
Mon, Apr 21
USD/JPY plummets to near 140.50 as Trump aims Fed Powell’s removal
The USD/JPY pair falls sharply to near 140.50 during North American trading hours on Monday. The pair cracks after breaking below the previous week’s low of 141.64 and aims to revisit the 21-month low of 139.60. The asset has shown significant weakness due to a sharp downside in the US Dollar (USD).
Fxstreet
Mon, Apr 21
Fed's Goolsbee says tariff impact may be modest, need to wait to see
April 21 (Reuters) - Chicago Federal Reserve Bank President Austan Goolsbee on Monday said the U.S. central bank needs to wait to see, but if the impact of tariffs doesn't spread beyond the 11% of the economy accounted for by imports, the effect could be relatively small."Unless it jumps out...Reuters
Mon, Apr 21
Fed's Goolsbee: Impact of tariffs on macro economy could be modest
In an interview with CNBC on Monday, Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee noted that short-run inflation expectations are up and added that it's very important for long-run inflation expectations not to rise.Fxstreet
Mon, Apr 21
Bank of Japan likely to continue interest rate hikes despite U.S. tariffs - report
Investing.com -- The Bank of Japan (BOJ) is reportedly planning to indicate next week that the potential impact of increased U.S. tariffs will not disrupt the ongoing cycle of wage growth and inflatioInvesting.com
Mon, Apr 21
GBP/USD surges above 1.3400 as threat to Fed’s independence batters US Dollar
The GBP/USD pair rallies to near 1.3400 during European trading hours on Monday, the highest level seen in seven months. The Cable strengthens as the US Dollar (USD) has been battered by the threat to the Federal Reserve’s (Fed) independence after United States (US) President Donald Trump.
Fxstreet
Mon, Apr 21
Investors flock to safety of US short-term government bond funds
By Patturaja Murugaboopathy April 21 (Reuters) - U.S. short-term government bond funds have received large inflows this month even as most other funds across asset classes suffered heavy selling in markets hit by worries over U.S. tariffs and recession risks. Treasury yields have risen this mont...Reuters
Mon, Apr 21
FXS Fed Sentiment Index remains in hawkish region as Fed independence comes under threat
The Federal Reserve (Fed) will enter the blackout period on April 26 before holding a two-day meeting on May 6-7. Markets widely expect the Fed to hold its policy rate unchanged, with the CME FedWatch Tool's probability of a 25 basis points (bps) at the May meeting holding around 10%.Fxstreet
Mon, Apr 21
Some migrants in Canada lose work status while applications languish
Paperwork for migrant workers taking months or more than a year to processMigrants lose right to work, access health care amid processing delaysSome migrants turning to exploitative employers or getting bad migration adviceBy Anna Mehler Paperny TORONTO, April 21 (Reuters) - Migrants living in Ca...Reuters
Mon, Apr 21
Markets spooked by Trump’s interest in removing Powell – UBS
US National Economic Council Director Hassett said US President Trump was investigating whether they could fire Federal Reserve Chair Powell. Investors seem less than happy with the idea of a politicized Fed—the US dollar and long-dated government bonds have weakened.Fxstreet
Mon, Apr 21
Ukraine's Naftogaz says it seeks 1 billion euros to purchase over 2 bcm of gas
By Pavel Polityuk KYIV, April 21 (Reuters) - Ukraine's state oil and gas firm Naftogaz is in talks with the government and international financial institutions to raise 1 billion euros to purchase over 2 billion cubic meters of gas for the 2025/26 heating season, the company said on Monday.It...Reuters
Mon, Apr 21
