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ECB's Holzmann: Rates are at neutral level, no reason to become accommodative
European Central Bank policymaker Robert Holzmann, who dissented to the ECB's decision to cut key rates by 25 basis points after the March meeting, argued on Wednesday that they don't need to become more accommodative, per Reuters.Fxstreet
Wed, Apr 2
WRAPUP 1-US private payrolls growth beats expectations in March
Private payrolls increase 155,000 in MarchJob gains spread across all sectors WASHINGTON, April 2 (Reuters) - U.S. private payrolls increased more than expected in March, but that did not change economists' views that the labor market was slowing against the backdrop of mounting economic unce...Reuters
Wed, Apr 2
Italy's government, businesses warn of heavy impact of U.S. tariffs
By Antonella Cinelli and Angelo Amante ROME, April 2 (Reuters) - Italy's Prime Minister Giorgia Meloni and its top business lobby warned on Wednesday that looming U.S. tariffs would have a major impact on the country's exports and already struggling economy.U.S. President Donald Trump is ...Reuters
Wed, Apr 2
Brazil's industrial output unexpectedly falls in February
SAO PAULO, April 2 (Reuters) - Brazil's industrial production unexpectedly fell in February from the previous month, official data showed on Wednesday, marking the fifth consecutive month without a positive reading as policymakers watch for signs of economic slowdown. Industrial output i...Reuters
Wed, Apr 2
US private payrolls accelerate in March
WASHINGTON, April 2 (Reuters) - U.S. private payrolls growth accelerated in March, the ADP National Employment Report showed on Wednesday.Private payrolls increased by 155,000 jobs last month after an upwardly revised 84,000 rise in February. Economists polled by Reuters had forecast private employm...Reuters
Wed, Apr 2
Putin lets Balchug Capital buy shares in Russian public companies from Goldman Sachs, decree says
MOSCOW, April 2 (Reuters) - Russian President Vladimir Putin authorised Russia's Balchug Capital to buy shares in a number of Russian public companies from Goldman Sachs [RIC:RIC:GSGSC.UL], according to a decree published on Wednesday on a Russian government website.Reuters
Wed, Apr 2
Shipping firm Maersk expects continued US growth but warns of rising uncertainty
Trump tariffs have put shipping industry on edgeMaersk says tariffs could curb global trade flowsDeclining US consumer confidence a concern, company saysBy Stine Jacobsen COPENHAGEN, April 2 (Reuters) - Danish shipping company Maersk MAERSKb.CO has benefited from robust U.S. demand so far this ye...Reuters
Wed, Apr 2
Trump's tariffs will be negative the world over, says ECB's Lagarde
ECB chief says predictability in very short supply Still work to do to reach inflation target By Padraic Halpin DUBLIN, April 2 (Reuters) - U.S. President Donald Trump's planned tariffs will be negative across the world, with the damage depending on how far they go, how long they last and whe...Reuters
Wed, Apr 2
EU says response to Trump's tariffs will happen at appropriate moment
BRUSSELS, April 2 (Reuters) - The European Union's response to U.S. President Donald Trump's plan to impose sweeping new reciprocal tariffs on global trading partners later on Wednesday will happen at the appropriate moment, a EU spokesperson told journalists.Reuters
Wed, Apr 2
Tesla's China-made EV sales fall 11.5% y/y in March
BEIJING, April 2 (Reuters) - U.S. automaker Tesla TSLA.O sold 78,828 China-made electric vehicles in March, down 11.5% from a year earlier, data from the China Passenger Car Association (CPCA) showed on Wednesday. Deliveries of China-made Model 3 and Model Y vehicles increased 156.9% from the previo...Reuters
Wed, Apr 2
Tesla's China-made EV sales fall 11.5% y/y in March
BEIJING, April 2 (Reuters) - U.S. automaker Tesla TSLA.O sold 78,828 China-made electric vehicles in March, down 11.5% from a year earlier, data from the China Passenger Car Association (CPCA) showed on Wednesday. Deliveries of China-made Model 3 and Model Y vehicles increased 156.9% from the previo...Reuters
Wed, Apr 2
Estimating the impact of US-related uncertainty – Standard Chartered
Despite ‘Liberation Day’ announcements, we expect uncertainty to remain high over the coming months. Heightened trade policy uncertainty could potentially lower global GDP by c.1.0-1.5%. Most of this drop would reflect a decline in US output and that of other major economies.Fxstreet
Wed, Apr 2
Amid fast pace of change, Fed face time with businesses has become key to policy
Fed officials expend shoe leather to gauge fast-changing landscapeBusiness leaders say they are 'on hold, on pause, frozen'Confidence slides as Trump's 'Liberation Day' arrivesBy Howard SchneiderCHARLOTTE, North Carolina, April 2 (Reuters) - At the end of last year, when American...Reuters
Wed, Apr 2
RPT-US inflation swaps price in big short-term tariff impact, flag recession risk
By Gertrude Chavez-Dreyfuss NEW YORK, April 1 (Reuters) - Investors in financial derivatives called U.S. inflation swaps are betting that President Donald Trump's tariffs will have a hefty short-term impact on consumer prices that will recede in the next few years as recession concerns escala...Reuters
Wed, Apr 2
Maersk expects continued US growth but warns of growing uncertainty
COPENHAGEN, April 2 (Reuters) - Denmark's Maersk MAERSKb.CO, one of the world's largest container shipping groups, said on Wednesday it has seen robust demand in the United States so far this year and continues to predict U.S. growth although tariffs may cloud the outlook.Maersk's regula...Reuters
Wed, Apr 2
