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Canadian factory PMI hits 15-month low on expanding trade war
By Fergal Smith TORONTO, April 1 (Reuters) - Canadian manufacturing activity contracted at a steeper rate in March as a widening global trade war triggered the sharpest decline in new orders since shortly after the start of the COVID-19 crisis.The S&P Global Canada Manufacturing Purchasing Ma...Reuters
Tue, Apr 1
EUR/USD Price Forecast: Sellers hold the grip as Liberation Day looms
Financial markets remain wary on Tuesday, although panic seen at the start of the week receded. The EUR/USD pair trades a handful of pips below the 1.0800 mark early in the American session, with a slight downward bias as per still finding sellers on intraday spikes.
Fxstreet
Tue, Apr 1
WRAPUP 3-GLOBAL ECONOMY-Factories around the world brace for Trump tariffs
Euro zone factories see bounce in March, front-loading citedJapan, S. Korea, Taiwan see factory activity shrinkChina's rebound seen as short-lived as tariff hits exportsBy Jonathan Cable and Leika Kihara LONDON/TOKYO, April 1 (Reuters) - Factories around the world from Japan to Britain saw ac...Reuters
Tue, Apr 1
RPT-BREAKINGVIEWS-Make in India could do with a dose of MAGA energy
By Shritama Bose MUMBAI, April 1(Reuters Breakingviews) - Prime Minister Narendra Modi spoke of his mission to "Make India Great Again" when he met Donald Trump in February, leaning on the U.S. president's motto to "Make America Great Again". For both leaders, the vision count...Reuters
Tue, Apr 1
REFILE-Spain's sales of new Tesla cars rise in March, fall in first quarter
MADRID, April 1 (Reuters) - Tesla's TSLA.O new car sales rose 34% in March from the same month in 2024 to 1.983, registration data released by industry group ANFAC showed on Tuesday, though the company's sales during the whole quarter fell 12%.The March increase has partly offset sales decli...Reuters
Tue, Apr 1
White House aides draft proposal to impose tariffs of around 20 % on most imports to US – WaPo
Citing sources familiar with the matter, the Washington Post reported on Tuesday that White House aides have drafted a proposal to impose tariffs of around 20% on most imports to the United States, per Reuters.Fxstreet
Tue, Apr 1
Euro zone bond yields fall as US tariffs loom, markets mull ECB rate outlook
By Lucy Raitano LONDON, April 1 (Reuters) - Euro zone bond yields fell on Tuesday, as traders awaited details of U.S. President Donald Trump's reciprocal tariffs on Wednesday while the latest inflation figures backed the market's expectation of a European Central Bank rate cut in April. G...Reuters
Tue, Apr 1
US auto sales set to modestly rise in first quarter as tariffs signal bumpy ride
April 1 (Reuters) - U.S. auto sales likely inched higher in the first three months of the year on steady demand, data from the carmakers will show on Tuesday, as the industry braces for the fallout of President Donald Trump's latest tariffs.Market research firm Cox Automotive has estimated that ...Reuters
Tue, Apr 1
GLOBAL ECONOMY-Euro zone factories show signs of recovery but Asia weakens as US tariffs sap confidence
Euro zone factories showed signs of meaningful recovery in MarchJapan, S. Korea, Taiwan saw factory activity shrinkChina's private survey showed rebound in factory activityChina's rebound seen as short-lived as tariff hits exportsBy Jonathan Cable and Leika Kihara LONDON/TOKYO, April 1 (R...Reuters
Tue, Apr 1
US Senate Republicans to seek referee's opinion on Trump tax plan
By David Morgan WASHINGTON, April 1 (Reuters) - U.S. Senate Republicans will ask their chamber's nonpartisan referee this week to weigh in on a controversial plan to make President Donald Trump's expiring 2017 tax cuts permanent, which critics say could lead to trillions of dollars in add...Reuters
Tue, Apr 1
Chinese banks hike consumer loan rates in abrupt reversal as bad debt risks mount
Banks raise consumer loan rates to at least 3%Top lenders have warned of growing personal bad loansHigher rates could deter China's consumption push, analysts warnBy Ziyi Tang and Ryan Woo BEIJING, April 1 (Reuters) - Some Chinese banks have started raising interest rates amid growing bad con...Reuters
Tue, Apr 1
