News
Important Only
US weekly jobless claims fall as labor market remains stable
WASHINGTON, April 17 (Reuters) - The number of Americans filing new applications for unemployment benefits fell last week, suggesting labor market conditions remained stable in April, though uncertainty around tariffs is making businesses hesitant to boost hiring. Initial claims for state uneReuters
Thu, Apr 17
INSTANT VIEW-ECB cuts rates again to buffer economy from U.S. tariff hit
LONDON, April 17 (Reuters) - The European Central Bank cut interest rates for the seventh time in a year on Thursday, looking to prop up an already struggling euro zone economy that will take a knock from U.S. tariffs.The ECB has been lowering borrowing costs as post-pandemic price pressures retreatReuters
Thu, Apr 17
Tariff-wounded stocks find no balm with Powell remarks
NEW YORK, April 16 (Reuters) - Investors who may have been hoping the Federal Reserve is poised to come to the aid of tariff-rattled markets took away an unwelcome message from the central bank's chief on Wednesday: the Fed may be in a bind.Reuters
Thu, Apr 17
PRECIOUS-Gold prices retreat from record high as investors cash in
Gold hit all-time peak at $3,357.40 per ouncePowell says Fed remains in wait-and-see modeUS dollar recovers from three-year lowBy Anmol Choubey April 17 (Reuters) - Gold prices pulled back from a record high on Thursday as investors booked profits following a rally driven by concerns around U.S. ...Reuters
Thu, Apr 17
RPT-COLUMN-Fed winning with its 'cruel-to-be-kind' strategy: Mike Dolan
By Mike Dolan LONDON, April 17 (Reuters) - The Federal Reserve's job is complicated and simple at the same time: hold the line on interest rates, even in the face of pressure, in order to keep long-term inflation expectations under control.If the recently restive bond markets are to be believ...Reuters
Thu, Apr 17
U.S.-Japan Talks Avoid Yen Exchange Rate, BOJ Likely to Cut Growth Forecasts Amid Uncertain Rate Hike Prospects
TradingKey - The United States and Japan have begun negotiations on tariff-related issues, with statements from President Donald Trump and the Japanese delegation causing fluctuations in the yen exchange rate. Although Bank of Japan (BOJ) Governor Kazuo Ueda has reiterated the possibility of a...
TradingKey
Thu, Apr 17
Hedge fund Man Group's assets dip by nearly $6 billion during Trump tariff turmoil
LONDON, April 17 (Reuters) - London-listed hedge fund Man Group EMG.L said on Thursday that its assets under management fell by about $5.6 billion in the two weeks to April 14, in trading dominated by the fallout from U.S. President Donald Trump's barrage of trade tariffs.Man Group said its asse...Reuters
Thu, Apr 17
European Central Bank set to cut interest rates again amid easing inflation and tariff uncertainty
The European Central Bank (ECB) will announce its April interest rate decision on Thursday at 12:15 GMT. Markets widely expect the central bank to lower key rates for the sixth consecutive time.
Fxstreet
Thu, Apr 17
Asian stocks rose after a successful round of trade talks between the U.S. and Japan
Asian shares rose and the yen slipped on Thursday after the United States and Japan completed an opening round of tariff talks. Japan’s Topix gained 1 percent, leading regional advances at 1:59 p.m. in Tokyo. Australia’s S&P/ASX 200 added 0.6 percent...
TSMC Q1 profit surges 60%, beats forecasts
TAIPEI, April 17 (Reuters) - TSMC 2330.TW, the world's largest contract chipmaker, posted a 60% jump in first-quarter net profit on Thursday, beating market forecasts as it benefited from surging demand for semiconductors used in artificial intelligence applications.
Reuters
Thu, Apr 17
Japan's Nikkei rebounds, yen weakens as trade talks begin in Washington
TOKYO, April 17 (Reuters) - Japan's Nikkei share average bounced back on Thursday from the previous session's declines, helped by a weaker yen as Tokyo kicked off closely watched trade negotiations in Washington.Reuters
Thu, Apr 17
U.S. Bonds Rally While Stocks Fall, What Did Powell Say? Has the Fed Put Option Dream Ended?
TradingKey - Federal Reserve Chair Jerome Powell’s recent remarks raised concerns about stagflation in the U.S. economy and explicitly rejected the notion of a "Fed put option." His hawkish tone contributed to a divergence in the performance of U.S. equities and bonds.
TradingKey
Thu, Apr 17
Stocks, dollar on back foot as trade war, Powell comments weigh
SINGAPORE, April 17 (Reuters) - Asian stocks wavered on Thursday after Federal Reserve Chair Jerome Powell warned of the risk of slowing growth and rising prices due to tariffs, while the uncertainty around U.S. trade policies kept the dollar rooted near three-year lows.Reuters
Thu, Apr 17
China says it will ignore US 'tariff numbers game'
BEIJING, April 17 (Reuters) - China will pay no attention if the United States continues to play the "tariff numbers game", China's foreign ministry said on Thursday, after the White House outline how China faces tariffs of up to 245% due to its retaliatory actions.Reuters
Thu, Apr 17
Litmus test for chip stocks as investors gird for TSMC earnings
SINGAPORE, April 17 (Reuters) - Investors are bracing for the results from Taiwan's TSMC 2330.TW on Thursday to show further evidence of the wide-ranging uncertainty in the chip industry spurred by U.S. President Donald Trump's trade policies.Reuters
Thu, Apr 17
