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Yields dive as Trump tariffs spark fears of recession
SINGAPORE/LONDON, April 3 (Reuters) - U.S. Treasury yields dived to multi-month lows on Thursday after U.S. President Donald Trump unleashed larger-than-expected tariffs on the world, sparking panic over the potential for recession and sending investors fleeing into safe havens.
Reuters
Thu, Apr 3
Turkey Consumer Price Index (YoY) below forecasts (38.9%) in March: Actual (38.1%)
Turkey Consumer Price Index (YoY) below forecasts (38.9%) in March: Actual (38.1%)
USD/TRY
Fxstreet
Thu, Apr 3
ANALYSIS-Trump's global tariffs hurt China with 'all-round blockade'
China is the economy most exposed to global demand shocksNo place to hide for Chinese exporters offshoring productionGrowth, deflation risks mount in ChinaBeijing faces pressure to unleash more stimulusBy Ellen Zhang and Casey Hall DONGGUAN, China, April 3 (Reuters) - Chinese outdoor furniture ma...
Reuters
Thu, Apr 3
Turkey Consumer Price Index (MoM) below forecasts (3%) in March: Actual (2.46%)
Turkey Consumer Price Index (MoM) below forecasts (3%) in March: Actual (2.46%)
USD/TRY
Fxstreet
Thu, Apr 3
ECB’s Nagel: Will have to reassess the situation
European Central Bank (ECB) policymaker and Bundesbank President Joachim Nagel said on Thursday that “the ECB will have to reassess the situation.”
EUR/USD
Fxstreet
Thu, Apr 3
EUR/INR today: Indian Rupee cross rates edge higher at the start of the European session
Indian Rupee (INR) crosses trade on the front foot at the beginning of Thursday, according to FXStreet data.
Fxstreet
Thu, Apr 3
Loss-free Greater China property reinsurance rates down low double digits
Loss-free property risks price down in the low double digitsReinsurance terms and conditions largely unchanged at renewalsGreater China represents long-term growth opportunity for ILS marketBy Michael JonesApril 3 - (The Insurer) - Stable reinsurance demand and increasing availability and deployment...
Reuters
Thu, Apr 3
World leaders condemn Trump's tariffs, some pledge retaliation
Major U.S. allies not spared from tariffsChina vows to safeguard its interestsConsequences will be dire for millions, Europe's von der Leyen saysFor full list of tariffs, click here https://www.reuters.com/graphics/USA-TRUMP/TARIFFS/zgvojjgxmpd/April 3 (Reuters) - Countries across the world, inc...
Reuters
Thu, Apr 3
Switzerland Consumer Price Index (MoM) meets forecasts (0%) in March
Switzerland Consumer Price Index (MoM) meets forecasts (0%) in March
USD/CHF
Fxstreet
Thu, Apr 3
Switzerland Consumer Price Index (YoY) came in at 0.3% below forecasts (0.5%) in March
Switzerland Consumer Price Index (YoY) came in at 0.3% below forecasts (0.5%) in March
USD/CHF
Fxstreet
Thu, Apr 3
Southeast Asia nations, hit particularly hard by US tariffs, prep for talks with Trump
Six Southeast Asian nations hit with tariffs between 32% and 49%Vietnam's exports to US account for almost 30% of GDP Thailand hopeful that talks will bring down its 37% tariffs So far, none have said they plan retaliatory tariffsBy Francesco Guarascio and Orathai Sriring HANOI/BANGKOK, April...
Reuters
Thu, Apr 3
Russia S&P Global Services PMI down to 50.1 in March from previous 50.5
Russia S&P Global Services PMI down to 50.1 in March from previous 50.5
Fxstreet
Thu, Apr 3
Small-town Ireland nervous as Trump seeks to lure pharma investment to US
Trump has singled out Ireland for "luring away" US pharmaIreland says U.S. tariffs most serious challenge it facesPharma companies are major employers and payers of taxBy Padraic Halpin and Maggie Fick CARRIGTWOHILL, Ireland, April 3 (Reuters) - As U.S. President Donald Trump takes aim at...
Reuters
Thu, Apr 3
RPT-A tiny Australian outpost gets a steep Trump tariff despite few exports
Reciprocal tariffs of 29% levied on Norfolk Island's exports to USUS data shows it has had trade deficits with island for past 3 yearsIsland's main industry is tourism, some of its business owners sayBy Byron Kaye and Christine ChenSYDNEY, April 3 (Reuters) - For Richard Cottle, owner of a c...
Reuters
Thu, Apr 3
RPT-Vietnam keeps GDP growth target unchanged after U.S. tariffs, state media says
HANOI, April 3 (Reuters) - Vietnam's Prime Minister Pham Minh Chinh said on Thursday the country's economic growth target of at least 8% this year remained unchanged, hours after the U.S. announced severe tariffs on the Southeast Asian country, state media said. Chinh said he would set up a ...
Reuters
Thu, Apr 3
Swiss business group slams Trump tariffs as harmful and unjustified
ZURICH, April 3 (Reuters) - Switzerland's main business lobby on Thursday rejected U.S. tariffs on Swiss imports as harmful and unjustified, as the country's government stressed the importance of respecting international law.U.S. President Donald Trump on Wednesday imposed a 31% tariff on im...
Reuters
Thu, Apr 3
A tiny Australian outpost gets a steep Trump tariff despite few exports
Reciprocal tariffs of 29% levied on Norfolk Island's exports to USUS data shows it has had trade deficits with island for past 3 yearsIsland's main industry is tourism, some of its business owners sayBy Byron Kaye and Christine ChenSYDNEY, April 3 (Reuters) - For Richard Cottle, owner of a c...
Reuters
Thu, Apr 3
Gold price buying remains unabated; fresh record highs being set amid risk-off mood
Gold price (XAU/USD) shot to a fresh record high during the Asian session on Thursday as investors rushed to take refuge in traditional safe-haven assets amid the risk-off impulse.
Gold
Fxstreet
Thu, Apr 3
INSTANT VIEW-Hefty Trump tariffs surprise markets, stocks slide
April 2 (Reuters) - U.S. President Donald Trump further escalated a trade war on Wednesday by announcing he would impose reciprocal tariffs to match duties put on U.S. goods by other countries."It's our declaration of independence," Trump said at an event in the White House Rose Garden. ...
Reuters
Thu, Apr 3
IMF sees Japan sustainably hitting central bank's inflation target
Risks to Japan's growth tilted to downside, IMF saysRisks to inflation broadly balanced, food inflation to moderateIMF urges BOJ to keep phasing out monetary supportBOJ must raise rates in 'data-dependent, flexible' mannerBy Leika Kihara TOKYO, April 3 (Reuters) - Japan is showing sig...
Reuters
Thu, Apr 3
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