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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
Russia's slowing economic growth cuts demand for Chinese imports
High interest rates, labour shortages squeeze Russia's growthChina has come to dominate Russian sectors such as autosChina's Russia trade cannot offset U.S. tariff hit to exportsBy Gleb Stolyarov and Alexander Marrow April 21 (Reuters) - Slowing economic growth and reduced demand for larg...Reuters
Mon, Apr 21
Asian bonds draw largest foreign inflows in seven months on rate cut hopes
April 21 (Reuters) - Asian bonds attracted the largest monthly foreign inflows in seven months in March, driven by hopes of rate cuts from regional central banks and their appeal as a haven as global assets were hit on worries over U.S. tariffs and a recession.Reuters
Mon, Apr 21
Thai exports posting higher growth in March, commerce minister says
BANGKOK, April 21 (Reuters) - Thailand's export growth in March was higher than February's 14% annual rise, while tariff negotiations with the United States set for this week are expected to proceed positively, the commerce minister said on Monday.Pichai Naripthaphan said exports, a key driv...Reuters
Mon, Apr 21
EUR/USD breaks above 1.1500 as Trump mulls over Powell’s removal
EUR/USD rallies to near 1.1570 at the start of the week, the highest level seen in three-and-a-half years. The major currency pair strengthens as the US Dollar (USD) falls further due to escalating doubts over its safe-haven status.
Fxstreet
Mon, Apr 21
US Dollar Index slumps below 98.50 on trade war woes
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, falls to near 98.30, the lowest since March 2022. The heightened uncertainty around US President Donald Trump’s tariffs and concerns over global economic growth amid the...Fxstreet
Mon, Apr 21
Thai first-quarter rice exports fall 30% annually
BANGKOK, April 21 (Reuters) - Thailand's rice exports fell 30% annually in the first quarter of this year to 2.1 million metric tons, an industry association said on Monday.The decline was due to countries delaying buying decisions and India resuming rice exports, Chookiat Ophaswongse, honorary ...Reuters
Mon, Apr 21
RPT-China's export controls are curbing critical mineral shipments to the world
By Lewis Jackson and Amy Lv BEIJING, April 20 (Reuters) - China's export controls on three metals important across the defence and chip sectors are keeping shipments at historically low levels despite high prices worldwide as Beijing flexes its control over the minerals supply chain.China is ...Reuters
Mon, Apr 21
Trump tariff worries spur record overseas demand for JGBs
By Kevin Buckland April 21 (Reuters) - The longest-dated Japanese government bonds attracted record foreign demand last month as money shifted out of U.S. debt in search of other safe havens as President Donald Trump's aggressive tariffs sparked concerns of a U.S. recession.Overseas investors...Reuters
Mon, Apr 21
Indonesia March trade surplus, wider than expected, hits 4-month high
March surplus of $4.33 bln is bigger than $2.64 bln poll f'castExports +3.16% y/y, vs -3.40% in pollImports +5.34% y/y, vs +6.60% in pollBy Stefanno Sulaiman and Gayatri SuroyoJAKARTA, April 21 (Reuters) - Indonesia reported on Monday a $4.33 billion trade surplus in March, more than expected an...Reuters
Mon, Apr 21
Turkey's Simsek sees very high probability of inflation in cenbank range
By Nevzat DevranogluGIRESUN, Turkey, April 21 (Reuters) - Turkish Finance Minister Mehmet Simsek said he does not foresee Turkey changing its economic course following recent market and trade developments, and inflation would very likely hit the central bank's forecast range by year-end.Turkish ...Reuters
Mon, Apr 21
