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Trump’s trade tactics erode global trust – Commerzbank
Obviously, there is a learning curve for the US president when he continues to backpedal on tariffs. But the damage is done, trust is destroyed. Trump may call all these actions “dealmaking”, but in my view he underestimates two things, Commerzbank's FX analyst Antje Praefcke notes.Fxstreet
Tue, Apr 15
EUR/USD turns sideways while Trump’s erratic tariff announcements keep USD on backfoot
EUR/USD demonstrates a sideways trend near 1.1350 during European trading hours on Tuesday after a sharp run-up in the last few trading days. The major currency pair consolidates as the US Dollar (USD) gains a temporary cushion after remaining under pressure for over a week.
Fxstreet
Tue, Apr 15
Thai Finance Ministry and cbank to assess impact of U.S. tariffs
BANGKOK, April 15 (Reuters) - Thailand's finance ministry and the Bank of Thailand will meet this week to assess the impact of U.S. tariff policies on the economy and mitigating measures, the ministry said on Tuesday, ahead of talks with U.S. officials set for early next week. The discussions wi...Reuters
Tue, Apr 15
At China's largest trade fair, exporters say US markets are 'frozen'
Canton Fair is first China trade expo held since tariff spikeExporters say U.S. orders frozen, some say survival at stakeChinese firms race to find new markets, assemble goods elsewhereBy Ellen Zhang and Kevin Krolicki GUANGZHOU, China, April 15 (Reuters) - Candice Li says that after Washington r...Reuters
Tue, Apr 15
Beiersdorf Ceo On Call -In Terms Of U.S. Tariffs, We Are In A Good Situation
April 15 (Reuters) - BEIERSDORF AG BEIG.DE:BEIERSDORF CEO ON CALL -IN TERMS OF U.S. TARIFFS, WE ARE IN A GOOD SITUATIONBEIERSDORF CEO ON CALL: WE EXPECT BETTER DEVELOPMENT AT LA PRAIRIE, ESPECIALLY FROM Q3 ONWARDSBEIERSDORF CFO ON CALL: HARD TO MAKE DECISIONS REGARDING EXPANDING PRODUCTION IN THE ...Reuters
Tue, Apr 15
Canada CPI set to hold steady in March ahead of BoC rate decision
Statistics Canada will release the March Consumer Price Index (CPI) report on Tuesday. Annualised inflation is expected to have held steady at 2.6%, matching the February reading. Market players anticipate a monthly advance of 0.7%, easing from the previous 1.1%.
Fxstreet
Tue, Apr 15
GREECE-BUDGET/-Greece's primary budget surplus beats target in Jan.-March
ATHENS, April 15 (Reuters) - Greece reported a central government primary budget surplus of 4.49 billion euros in the three months to March versus a targeted surplus of 616 billion euros, finance ministry data showed on Tuesday.Reuters
Tue, Apr 15
FACTBOX-Global banks cut China growth forecasts as trade war deepens
SHANGHAI, April 15 (Reuters) - Global investment banks are lowering their projections for China's economic growth this year as U.S. President Donald Trump's aggressive tariffs are expected to take a toll on the world's second-largest economy.Some of the banks had upgraded their forecasts...Reuters
Tue, Apr 15
China will trade with more friends rather than 'throwing punches', foreign ministry says
BEIJING, April 15 (Reuters) - China will trade with more friends and become a stronger magnet for investment, the foreign ministry said on Tuesday.Facing external uncertainties, China will stay committed to joining hands rather than "throwing punches", Lin Jian, a ministry spokesperson, told...Reuters
Tue, Apr 15
BREAKINGVIEWS-Small countries sit at nexus of tariff trade-offs
By Antony CurrieMELBOURNE, April 15 (Reuters Breakingviews) - Among the many absurdities of Donald Trump's global trade war is the inclusion of Singapore and Australia on his naughty list. The U.S. President slapped the 10% baseline tariff, which will apply to nearly all countries, on both with ...Reuters
Tue, Apr 15
UK Unemployment Rate stays at 4.4% in the quarter to February as expected
The United Kingdom’s (UK) ILO Unemployment Rate held steady at 4.4% in the three months to February, data published by the Office for National Statistics (ONS) showed on Thursday. The market forecast was for a 4.4% reading in the reported period.Fxstreet
Tue, Apr 15
