News
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US President Donald Trump narrows April 2 tariffs
The White House is adjusting its approach to tariffs set to take effect on April 2, likely omitting a set of industry-specific tariffs while applying reciprocal tariffs aimed at countries with significant trade ties to the United States (US), per the Wall Street Journal.Fxstreet
Sun, Mar 23
Australia's Judo Bank Manufacturing PMI jumps to 52.6 in March, Services PMI improves to 51.2
The preliminary reading of Australia's Judo Bank Manufacturing Purchasing Managers Index (PMI) jumped to 52.6 in March from 50.4 in February, the latest data published by Judo Bank and S&P Global showed on Monday.Fxstreet
Sun, Mar 23
Pro-Trump senator meets Chinese Premier Li with US company executives
US executives granted audience with Chinese premierLi does not meet other foreign CEOs for second yearPremier says 'no winners' in trade war, stresses economic tiesBy Laurie Chen BEIJING, March 23 (Reuters) - U.S. Republican Senator Steve Daines met Chinese Premier Li Qiang in Beijing wit...Reuters
Sun, Mar 23
Chinese premier warns of 'rising instability' at key business forum
China Development Forum attended by US senator, dozens of foreign CEOsChina bracing for further headwinds from US tariffsBeijing looking to attract more foreign investmentBy Laurie Chen BEIJING, March 23 (Reuters) - Chinese Premier Li Qiang urged countries to open their markets to combat "ris...Reuters
Sun, Mar 23
Pro-Trump senator meets China’s economy tsar amid trade tensions
Daines to meet Premier Li Qiang on Sunday Reiterates US demand China do more to stop fentanyl flowsDaines says to also discuss US trade deficit with ChinaChina is open to dialogue based on 'mutual respect', He saysBy Ryan WooBEIJING, March 22 (Reuters) - U.S. Senator Steve Daines, a strong s...Reuters
Sat, Mar 22
US trade chief to speak with Chinese counterpart as tariff rift widens
By Trevor Hunnicutt, Jarrett Renshaw and David LawderWASHINGTON, March 21 (Reuters) - Donald Trump's top trade chief, Jamieson Greer, plans to speak with his Chinese counterpart next week, the U.S. president said on Friday amid an escalating tariff war.Talks between the world's biggest econo...Reuters
Fri, Mar 21
Fed posts smaller loss on operations in 2024
Fed says 2024 loss narrowed relative to 2023US central bank's loss does not impact operationsLoss in 2024 tied to efforts to tame inflationBy Michael S. Derby March 21 (Reuters) - The Federal Reserve said on Friday it generated a smaller loss on its operations last year than in 2023 as its on...Reuters
Fri, Mar 21
WRAPUP 1-Fed officials back cautious policy approach in light of economic uncertainty
New York Fed's Williams says 'modestly restrictive' policy is currently appropriateWilliams also says there is no hurry to change ratesFed's Waller explains dissent on balance sheet policyBy Michael S. Derby March 21 (Reuters) - New York Federal Reserve President John Williams sai...Reuters
Fri, Mar 21
TREASURIES-Ten-year yields rise as investors weigh tariff impact
US 10-year yield higher, but holds in tight rangeFed's Williams says policy in right place for nowFed's Goolsbee says uncertain if tariffs will lead to persistent inflationBy Karen Brettell NEW YORK, March 21 (Reuters) - The U.S. benchmark 10-year Treasury yield rose on Friday but held in...Reuters
Fri, Mar 21
