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Struggling to meet NATO goal, Italy mulls stretching defence budget
Italy considering adding police, coastguard to budgetUnderlines states' challenges meeting NATO targetMove is unusual but could work, ex envoy saysBy Angelo Amante and Giuseppe Fonte ROME, April 4 (Reuters) - Italy is considering including police and coastguard services in its defence budget ...
Reuters
Fri, Apr 4
Vietnam's VietJet to sign aircraft finance deal, boost cooperation with Boeing, document says
$200 million loan to be signed with KKR's partner, document saysDeal to be signed at event with Boeing, schedule showsVietnam scrambling to avoid U.S. duties for big trade surplusBy Phuong Nguyen HANOI, April 4 (Reuters) - Vietnamese budget airline VietJet is set to sign a $200 million aircra...
Reuters
Fri, Apr 4
Trump tariffs, economic uncertainty fuel more settlements between CEOs and activists
Settlements climb amid growing uncertainty over market volatility, tariffsCorporations and activists are more eager to find common groundNew director candidates often bring industry expertiseBy Svea Herbst-Bayliss NEW YORK, April 4 (Reuters) - Shares of Yeti Holdings YETI.N tumbled in December an...
Reuters
Fri, Apr 4
Fed's Powell to weigh in amid tariff fray, market drop
Comments at 11:25 a.m. EDT follow dramatic weekFed officials weighing risks to growth, higher inflation from import taxesNo easy policy response for slowing growth coupled with rising pricesBy Howard SchneiderWASHINGTON, April 4 (Reuters) - With sweeping new U.S. tariffs now in play globally and mar...
Reuters
Fri, Apr 4
EUR/USD corrects as USD bounces back ahead of US NFP, Fed Powell’s speech
EUR/USD corrects below 1.1000 during European trading hours on Friday after posting a fresh six-month high at 1.1145 the previous day.
EUR/USD
Fxstreet
Fri, Apr 4
US NFP: Finally, back to the data – Commerzbank
The US Dollar's direction today is likely to be largely determined by the US Non-Farm Payrolls report, which will be released at 1:30 pm BST. The employment report has taken a back seat in terms of its impact on the USD in recent months due to US tariff policy.
Fxstreet
Fri, Apr 4
Baffled Lesotho seeks to engage with US on 'shocking' tariffs
MASERU, April 4 (Reuters) - Lesotho scrambled to put together a delegation on Friday to head to Washington to engage with the United States on tariffs that risk wiping out nearly half of its exports, its trade minister said, in what could be a death blow to its economy.The 50% reciprocal trade tarif...
Reuters
Fri, Apr 4
Gold price extends correction ahead of Friday’s Nonfarm Payrolls release
Gold price (XAU/USD) is falling near 1% on Friday and, in the process, is snapping back below $3,100 to $3,082 at the time of writing.
Gold
Fxstreet
Fri, Apr 4
Italy Public Deficit/GDP down to 0.4% in 4Q from previous 2.3%
Italy Public Deficit/GDP down to 0.4% in 4Q from previous 2.3%
Fxstreet
Fri, Apr 4
US tariffs to force quicker Fed, ECB rate cuts to support growth, says Nomura
April 4 (Reuters) - The U.S. reciprocal tariffs will stymie economic growth and lift inflation, forcing the Federal Reserve to start lowering interest rates from the end of this year, while the European Central Bank could cut rates as soon as this month, Nomura said.U.S. President Donald Trump impos...
Reuters
Fri, Apr 4
United Kingdom S&P Global/CIPS Construction PMI came in at 46.4, below expectations (46.7) in March
United Kingdom S&P Global/CIPS Construction PMI came in at 46.4, below expectations (46.7) in March
Fxstreet
Fri, Apr 4
German industrial orders stagnate unexpectedly in February
Domestic orders down 1.2%, foreign orders up 0.8%US tariffs and uncertainties suppress ordersEconomy remains in the doldrums, analyst saysBy Maria Martinez April 4 (Reuters) - German industrial orders stagnated in February and January's drop was revised to be less steep, showing that Germany&...
Reuters
Fri, Apr 4
Turkey says trade deficit narrowed 0.5% in March
ANKARA, April 4 (Reuters) - Turkey's trade deficit narrowed 0.5% year-on-year to $7.3 billion in March, Trade Minister Omer Bolat said on Friday.Exports stood at $23.4 billion in March, while imports amounted to $30.7 billion, he told a press conference.He said he would travel to the United Stat...
Reuters
Fri, Apr 4
Turkey Exports up to $23.4B in March from previous $20.8B
Turkey Exports up to $23.4B in March from previous $20.8B
Fxstreet
Fri, Apr 4
Italy Retail Sales n.s.a (YoY) fell from previous 0.9% to -1.5% in February
Italy Retail Sales n.s.a (YoY) fell from previous 0.9% to -1.5% in February
Fxstreet
Fri, Apr 4
Italy Retail Sales s.a. (MoM) came in at 0.1% below forecasts (0.2%) in February
Italy Retail Sales s.a. (MoM) came in at 0.1% below forecasts (0.2%) in February
Fxstreet
Fri, Apr 4
France open to letting deficit reduction target slip amid tariff uncertainty
PARIS, April 4 (Reuters) - French Finance Minister Eric Lombard opened the door on Friday to letting the deficit reduction target slip this year, ruling out extra spending cuts and tax increases to offset a potential shortfall in growth.Speaking to BFM TV, Lombard said things were uncertain and it w...
Reuters
Fri, Apr 4
Spain sees impact of various tenths of percentage points in GDP due to U.S. tariffs
MADRID, April 4 (Reuters) - The impact of the series of tariffs announced by US President Donald Trump on Wednesday may have a negative impact on Spanish gross domestic product of various tenths of a percentage point, Economy Minister Carlos Cuerpo said on Friday.He said Spain's direct exposure ...
Reuters
Fri, Apr 4
Pound Sterling clings to gains against US Dollar as US economy faces shockwaves
The Pound Sterling (GBP) holds onto Thursday’s gains above 1.3000 against the US Dollar (USD) during European trading hours on Friday.
GBP/USD
Fxstreet
Fri, Apr 4
Forex Today: US Dollar selloff pauses ahead of NFP, Powell speech
Here is what you need to know on Friday, April 4:
Fxstreet
Fri, Apr 4
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