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RPT-US 30-year mortgage rate dropped last week, applications surged
April 9 (Reuters) - The interest rate for the most popular U.S. home loan dropped to 6.61% last week, the lowest rate since October, giving a boost to mortgage applications even as global stocks tumbled in the wake of President Donald Trump's decision to impose sweeping tariffs on trading partne...Reuters
Wed, Apr 9
Brazil retail sales rise 0.5% in February to hit record
BRASILIA, April 9 (Reuters) - Retail sales volumes in Brazil rose 0.5% in February from the previous month, reaching the highest level since the data series began in 2000, statistics agency IBGE said on Wednesday.The result matched the 0.5% increase forecast by economists in a Reuters poll.IBGE note...Reuters
Wed, Apr 9
Brazil's bank lending accelerates in February despite high interest rates
BRASILIA, April 9 (Reuters) - Outstanding loans in Brazil rose in February despite an ongoing aggressive monetary tightening cycle, central bank data showed on Wednesday. Total bank lending increased 0.4% from the previous month to 6.487 trillion reais ($1.08 trillion), with 12-month growth...Reuters
Wed, Apr 9
US Treasury chief says will address debt ceiling in budget bill
WASHINGTON, April 9 (Reuters) - The U.S. federal government aims to lift its debt ceiling through the budget reconciliation bill making its way through the Republican-led Congress, U.S. Treasury Secretary Scott Bessent confirmed on Wednesday. "We are going to do debt ceiling through reconciliati...Reuters
Wed, Apr 9
Brazil bank lending up 0.4% in February
BRASILIA, April 9 (Reuters) - Outstanding loans in Brazil increased 0.4% in February from the month before to 6.487 trillion reais ($1.08 trillion), according to central bank data on Wednesday.A broad measure of Brazilian consumer and business default ratios rose to 4.5% from 4.4%.($1 = 6.0108 reais...Reuters
Wed, Apr 9
USD/CAD tumbles below 1.4200 as US Dollar dives amid US recession fears
The USD/CAD pair falls sharply to near 1.4180 during European trading hours on Wednesday. The Loonie pair faces an intense sell-off as the US Dollar (USD) takes bullet for United States (US) President Donald Trump raising import duty on China to 104%.
Fxstreet
Wed, Apr 9
US Dollar dives as US tariffs trigger market reaction
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, extends the previous day’s correction and hovers around 102.30 at the time of writing on Wednesday after testing the 102.00 level in the early Asian session.Fxstreet
Wed, Apr 9
US 30-year mortgage rate dropped last week, applications surged
April 9 (Reuters) - The interest rate for the most popular U.S. home loan dropped to 6.61% last week, the lowest rate since October, giving a boost to mortgage applications even as global stocks tumbled in the wake of President Donald Trump's decision to impose sweeping tariffs on trading partne...Reuters
Wed, Apr 9
Bank of England warns of high market correction risks amid hedge fund margin calls
Investing.com -- The Bank of England (BoE) has warned that hedge funds are facing substantial margin calls from prime brokers due to extreme market volatility triggered by U.S. President Donald Trump’Investing.com
Wed, Apr 9
Indian shrimp exporter Coastal Corp says US buyers ready to take tariff hit; casts wider net to China, Russia
April 9 (Reuters) - Indian shrimp exporter Coastal Corporation COAS.NS said on Wednesday most of its U.S. buyers were willing to absorb the higher costs stemming from the new tariffs, but added it was also exploring increasing exports to China, Russia and Canada.U.S President Donald Trump a 26% reci...Reuters
Wed, Apr 9
Seven & I North America Exec: Uncertainty Over Tariffs Has Impacted Our Customers, As We've Seen Consumer Confidence Fall To A Multi Year Low And Declining Consumer Spending
April 9 (Reuters) - Seven & i Holdings Co Ltd 3382.T:SEVEN & I NORTH AMERICA EXEC: UNCERTAINTY OVER TARIFFS HAS IMPACTED OUR CUSTOMERS, AS WE'VE SEEN CONSUMER CONFIDENCE FALL TO A MULTI YEAR LOW AND DECLINING CONSUMER SPENDINGSEVEN & I DIRECTOR DACUS: POSSIBLE THAT WE MIGHT NEED TO ...Reuters
Wed, Apr 9
Erdogan: Turkey not expecting negative trade, export situation after tariffs
ANKARA, April 9 (Reuters) - President Tayyip Erdogan said that Turkey is not expecting a negative situation for its trade, production and exports as a result of U.S. President Donald Trump's tariffs, which went into effect on Wednesday.Turkey is among the economies that escaped with the lowest &...Reuters
Wed, Apr 9
