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Japanese Yen struggles due to BoJ’s rate hike uncertainty
USD/JPY remains in the positive territory for the third successive day after registering over 0.5% gains on Thursday, currently trading around 159.60 during the Asian hours on Friday. However, the pair moves little due to thin trading activity amid the Good Friday holiday.
Fxstreet
3 hours ago
UAE non-oil private sector growth slows to near four-year low in March, PMI shows
April 3 (Reuters) - The United Arab Emirates' non-oil private sector activity expanded at its weakest pace in nearly four years in March as the Middle East conflict hit demand and disrupted supply chains, a business survey showed on Friday.The seasonally adjusted S&P Global UAE Purchasing Ma...Reuters
6 hours ago
WRAPUP 1-US employment growth likely rebounded in March, war casting shadow over labor market
Nonfarm payrolls forecast increasing 60,000 in MarchEconomists say it will take time for the oil price shock to impact the labor marketUnemployment rate is expected to have held steady at 4.4% By Lucia Mutikani WASHINGTON, April 3 (Reuters) - U.S. job growth likely rebounded in March as a strike ...Reuters
6 hours ago
China’s RatingDog Services PMI declines to 52.1 in March vs. 53.7 expected
China's Services Purchasing Managers' Index (PMI) eased to 52.1 in March from 56.7 in February, the latest data published by RatingDog showed on Friday. This figure came in weaker than the expectations of 53.7.
Fxstreet
8 hours ago
China services activity growth cools in March, private PMI shows
Private PMI shows services growth slowed to 52.1 in March from 56.7 in FebruaryWeaker demand, falling export orders and job cuts weigh on sector momentumGeopolitical tensions and rising costs add uncertainty, but business sentiment stays positiveBy Liangping Gao and Ryan Woo BEIJING, April 3 (Reu...Reuters
8 hours ago
Japan's services growth slows as Middle East war dents confidence, PMI shows
TOKYO, April 3 (Reuters) - Japan's services sector grew at its weakest pace in three months in March, a private survey showed on Friday, as rising uncertainty over the Middle East war crushed business confidence to its lowest level since the pandemic.Here are the key details: • The S&P Globa...Reuters
10 hours ago
Fed’s Goolsbee: Oil price rise is quite serious, everything depends on how long it lasts
Federal Reserve Bank of Chicago President Austan Goolsbee said on Thursday that he is concerned about the timing of rising oil prices, stating that they could hinder efforts to reduce inflation.Fxstreet
10 hours ago
Fed's Goolsbee says oil shock has him worried about inflation
April 2 (Reuters) - Chicago Federal Reserve President Austan Goolsbee on Thursday said it's "unfortunate timing" that the economy is undergoing an oil shock that is pushing up price before the inflation from last year's tariff shocks has subsided, and that has him concerned."When...Reuters
10 hours ago
US President Donald Trump will impose 100% tariff on some patented drugs — Bloomberg
US President Donald Trump signed an executive order that could slap up to 100% on certain imported medicines from companies that don't reach deals with his administration in the coming months, Bloomberg reported on Thursday.Fxstreet
11 hours ago
South Korea: Inflation pressures seen building – ING
ING’s Min Joo Kang notes that South Korea’s March consumer price inflation rose modestly, with government fuel caps and food vouchers limiting the impact of higher Oil costs. Core inflation eased slightly, but ING expects recent energy and currency moves to push prices higher in coming months.Fxstreet
12 hours ago
UK finalises US pharma deal granting tariff-free access for British medicines
Agreement reached as part of a wider US-UK trade accordZero US tariffs on UK medicines for at least 3 yearsBritain also pledged to increase medicines spendingBy Sam Tabahriti, Maggie Fick and Bhanvi Satija LONDON, April 2 (Reuters) - Britain has finalised a U.S.-UK pharmaceutical trade deal, sett...Reuters
13 hours ago
