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Euro zone bond yields steady after turbulent week for markets
April 11 (Reuters) - Euro zone bond yields were stable on Friday after a turbulent week as worries about the global economy and U.S.-China trade conflict gripped markets despite a temporary pause in some of U.S. President Donald Trump's broader tariffs.
Reuters
Fri, Apr 11
China's Xi to visit Southeast Asia as trade conflict with US widens
BEIJING, April 11 (Reuters) - Chinese President Xi Jinping begins a three-nation tour of Southeast Asia next week, his first overseas trip this year, aiming to consolidate ties with some of China's closest neighbours as trade tension escalates with the United States.
Reuters
Fri, Apr 11
Berkshire Hathaway’s Cautious Issuance of Japanese Bonds: Is Buffett Buying the Dip in Japanese Stocks and Exiting U.S. Equities?
TradingKey – Amid a sharp downturn in both U.S. and Japanese equities triggered by President Trump's renewed tariff policies, Warren Buffett’s Berkshire Hathaway (BRKB.US) has returned to Japanese bonds. While this latest bond issuance is the smallest since Berkshire entered Japan in 2019, it has..
TradingKey
Fri, Apr 11
PRECIOUS-Gold bolts past key $3,200 mark on dollar slide, safe-haven flows
Bullion up about 5% so far this week$3,500 is the next round number people will be looking at - analystUS consumer prices fell unexpectedly in MarchBy Anushree Mukherjee and Anjana Anil April 11 (Reuters) - Gold prices breached the crucial $3,200/oz level for the first time on Friday, fuelled by ...Reuters
Fri, Apr 11
Stocks, dollar slip, bonds pummelled again as trade war roils markets
SINGAPORE, April 11 (Reuters) - Global stocks fell and the dollar sank further on Friday, while a manic bond selloff took hold in a brutal end to the week of tit-for-tat worldwide tariffs that have fed fears of a deep recession and shaken investor confidence in U.S. assets.Reuters
Fri, Apr 11
EUR/USD appreciates to near 1.1350 as the EU suspends tariffs on US imports
EUR/USD extends its gains for the second successive day, trading near 1.1350 during Friday’s Asian session. The Euro (EUR) strengthened after the European Union (EU) announced a 90-day pause on new 25% tariffs on the United States (US), aiming to create space for trade negotiations.Fxstreet
Fri, Apr 11
Hong Kong stocks eye worst week since global financial crisis, China falls milder on state support
HONG KONG, April 11(Reuters) - Hong Kong stocks lost ground on Friday and were on track for their biggest weekly decline since the 2008 global financial crisis, battered as China takes the brunt of U.S. President Donald Trump's escalating trade war.
Japan's Nikkei slumps on trade war worries, stronger yen
TOKYO, April 11 (Reuters) - Japan's Nikkei share average slumped nearly 5% on Friday in a brutal end to a volatile week as investors worried about the economic fallout from the rapidly escalating U.S.-China trade war as well as a strong yen that has been lifted by safe-haven flows.Reuters
Fri, Apr 11
Oil prices set to drop for a second week as US-China trade war to cut demand
April 11 (Reuters) - Oil prices fell on Friday and were set to drop for a second week on concerns prolonged trade war between the United States and China, the world's largest economies, will crush crude consumption as their dispute curtails economic growth.
Reuters
Fri, Apr 11
China lifts yuan midpoint guidance for first time in seven days to reflect dollar weakness
SHANGHAI, April 11 (Reuters) - China lifted on Friday its official yuan midpoint guidance fix for the first time in seven days, to reflect broad dollar weakness in global markets.Prior to the market open, the People's Bank of China (PBOC) set the rate CNY=PBOC, around which the yuan is allowed...Reuters
Fri, Apr 11
US-China trade tensions lift safe-haven gold to record high
April 11 (Reuters) - Gold prices raced to an all-time high on Friday, supported by recession concerns as escalating tariff tensions between the United States and China fuelled investor demand for safe-haven assets like bullion.
Reuters
Fri, Apr 11
Australian shares slump more than 2% as Trump's tariff concerns linger
April 11 (Reuters) - Australian shares tanked over 2% on Friday as investors, who drove a relief rally in the previous session, fretted about the trade face-off between the world's two largest economies and the fallout from U.S. tariffs on global economic growth.
Reuters
Fri, Apr 11
Japan's Nikkei falls 5% on Wall Street's sharp decline
TOKYO, April 11 (Reuters) - Japan's Nikkei share average slumped 5% in early trade on Friday, tracking Wall Street's sharp losses amid worries over uncertainty about the trade war's potential economic fallout.As of 0012 GMT, the Nikkei .N225 was down 5.1% at 32,855.56. The broader Topix .TOPX...Reuters
Fri, Apr 11
Beijing bites back at US tariffs by curbing Hollywood film imports
BEIJING, April 10 (Reuters) - China said on Thursday it would immediately restrict imports of Hollywood films in retaliation for President Donald Trump's escalation of U.S. tariffs on imported Chinese goods, targeting one of the most high-profile American exports.Reuters
Fri, Apr 11
US stocks, dollar drop on lingering tariff worries, a day after relief rally
NEW YORK, April 10 (Reuters) - Major stock indexes and the U.S. dollar dropped on Thursday, with the S&P 500 ending down more than 3% as investors remained skittish, a day after U.S. President Donald Trump's move to temporarily lower tariffs on many countries caused a massive relief rally.Reuters
Fri, Apr 11
Fed's Collins: Tariffs could push core inflation well above 3% this year
Federal Reserve (Fed) Bank of Boston President Susan Collins joined the ever-growing stream of Fed policymakers standing up and flashing loud warning signs that ongoing uncertainty at the hand of the Trump administration's constantly waffling tariff policy stance will continue to weigh on the Fed'sFxstreet
Fri, Apr 11
Trump trade war with China revives recession, bear market fears
WASHINGTON/BRUSSELS/BEIJING, April 10 (Reuters) - President Donald Trump's trade war rattled global markets anew on Thursday as stocks and oil prices sank amid fears China may once again respond in kind with higher tariffs to match the latest levies imposed by the United States.Reuters
Fri, Apr 11
US Cash Crude-Grades steady as market weighs rapidly changing US trade policy
April 10 (Reuters) - Grades were little changed on Thursday as the market weighed an escalating trade war between the United States and China, against a planned pause in sweeping U.S. tariffs. WTI Midland and WTI at East Houston WTC-MEH, also known as MEH, were unchanged, while Mars edged 5...Reuters
Fri, Apr 11
Oil settles down over 3% as investors reassess Trump's tariff flip
Oil prices settle more than $2/bbl lowerWhite House says duties on Chinese imports now total 145%US EIA warns of lower oil demand growth from tariffsBy Shariq Khan April 10 (Reuters) - Oil prices settled more than $2 per barrel lower on Thursday, wiping out the last session's rally, as invest...Reuters
Thu, Apr 10
METALS-Copper rebounds on Trump tariff pause, but disquiet over China
By Eric Onstad LONDON, April 10 (Reuters) - Copper and other base metals prices rebounded sharply on Thursday along with other risk assets after most U.S. tariffs were paused for 90 days.Some investors were wary about the rally, however, since U.S. President Donald Trump doubled down in the trade...Reuters
Thu, Apr 10
