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COLUMN-US still facing 1930s tariff shock, vice tightens around China: McGeever
By Jamie McGeeverORLANDO, Florida, April 10 (Reuters) - With the dust now settled on the euphoric market rebound following President Donald Trump's trade war climb-down, investors are realizing that the global economy still faces the most punishing U.S. tariffs in nearly 100 years. The picture i...Reuters
Thu, Apr 10
FOREX-Dollar hits 10-year low against Swiss franc as markets digest trade war drama
Dollar hits lowest against Swiss franc since January 2015Data shows US inflation cooling in MarchTrump paused reciprocal duties on most nations for 90 daysUS trade war with China intensifiesEuro makes biggest one-day jump since 2022Reuters LIVE https://www.reuters.com/world/us/donald-trump/trump-tar...Reuters
Thu, Apr 10
FOREX-Dollar hits 10-year low against Swiss franc as markets digest trade war drama
Dollar hits lowest against Swiss franc since January 2015Data shows US inflation cooling in MarchTrump paused reciprocal duties on most countries for 90 daysTrade war with Beijing intensifiesEuro makes biggest one-day jump since 2022Reuters LIVE coverage By Alun John and Chibuike Oguh NEW YORK/L...Reuters
Thu, Apr 10
Sterling strengthens on dollar, weakens on euro, British GDP up next
LONDON, April 10 (Reuters) - Sterling was buffeted by moves elsewhere on Thursday, jumping 1% against an under-pressure dollar and dropping more on the resurgent euro as currency markets swung in the aftermath of the previous day's shock postponement of some tariffs. Friday may see British-speci...Reuters
Thu, Apr 10
Bank of Mexico: US tariffs add uncertainty to inflation
By Anthony Esposito and Rafael Escalera Montoto MEXICO CITY, April 10 (Reuters) - Most of the Bank of Mexico's five governing board members agreed that the risks associated with U.S. President Donald Trump's tariffs will add uncertainty to the future path of inflation, minutes of its Marc...Reuters
Thu, Apr 10
CANADA FX DEBT-Repatriation flows help lift Canadian dollar to four-month high
Canadian dollar gains 0.6% against the greenbackTouches its strongest since December 2 at 1.3992Price of oil falls 4.3%Bond yields ease across the curveBy Fergal Smith TORONTO, April 10 (Reuters) - The Canadian dollar strengthened to a four-month high against the greenback on Thursday as investor...Reuters
Thu, Apr 10
FOREX-Dollar loses ground against safe havens as markets digest trade war drama
Dollar hits lowest against Swiss franc since January 2015Data shows U.S. inflation cooling in MarchTrump paused reciprocal duties on most countries for 90 daysTrade war with Beijing intensifiesEuro makes biggest one-day jump since 2022Reuters LIVE coverage By Alun John and Chibuike Oguh NEW YORK...Reuters
Thu, Apr 10
Brazil to pursue US talks while seeking to expand trade deals, says official
BRASILIA, April 10 (Reuters) - Brazil will pursue trade negotiations with the U.S. while reaffirming its support for multilateralism and seeking to expand its network of trade agreements, Foreign Trade Secretary Tatiana Prazeres said on Thursday. "Our approach (with the U.S.) is...Reuters
Thu, Apr 10
Bank of Mexico: U.S. tariffs may exert pressure on both ends of inflation
MEXICO CITY, April 10 (Reuters) - Most of the Bank of Mexico's five governing board members agreed that the risks associated with U.S. President Donald Trump's tariffs will exert both upward and downward pressures on Mexican inflation."They pointed out that, on the one hand, there is a g...Reuters
Thu, Apr 10
Bank of England postpones long-dated gilt auction due to market turmoil
LONDON, April 10 (Reuters) - The Bank of England said on Thursday that it was postponing an auction of 600 million pounds ($773.82 million) of long-dated government bonds due on April 14 "in light of recent market volatility".British 30-year government bonds recorded their sharpest one-day f...Reuters
Thu, Apr 10
BoE's Breeden says interest rate implications from US tariffs unclear
LONDON, April 10 (Reuters) - Bank of England Deputy Governor Sarah Breeden said the impact on UK inflation from U.S. President Donald Trump's trade tariffs - and the implications for interest rates - remained unclear even if Washington's new policies were likely to lower growth."Overall,...Reuters
Thu, Apr 10
BoE's Breeden says impact on UK inflation from US tariffs not clear cut
LONDON, April 10 (Reuters) - Bank of England Deputy Governor Sarah Breeden said the impact on UK inflation from U.S. President Donald Trump's tariffs - and the implications for interest rates - remained unclear even if the new U.S policies are likely to lower growth."Overall, tariffs are lik...Reuters
Thu, Apr 10
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield slips
The Canadian dollar strengthened against the greenback on Thursday, and the yield on benchmark government debt slipped. The loonie CAD= was trading 0.1% higher at C$1.4071 to the greenback, or 71.07 U.S. cents, after trading in a range of 1.4044 to 1.411.Canadian government 10-year bond yields CA10Y...Reuters
Thu, Apr 10
US: Initial Jobless Claims increased to 223K last week
US citizens filing new applications for unemployment insurance ticked a tad higher to 223K for the week ending April 5, as reported by the US Department of Labor (DOL) on Thursday. This print matched initial estimates and was higher than the previous week's unrevised tally of 219K.
Fxstreet
Thu, Apr 10
US close to trade deals with trading partners, White House's Hassett says
WASHINGTON, April 10 (Reuters) - The United States is considering offers from 15 countries on tariff agreements and is close to deals with some of them, White House economic adviser Kevin Hassett said on Thursday after President Donald Trump lowered some of the duties in a stunning reversal."US...Reuters
Thu, Apr 10
FOREX-Dollar weakens as dust settles on Trump's shock tariff pause
Yen, Swiss franc strengthen back towards multi-month peaksYuan hits post crisis low, but then rebounds Trump paused reciprocal duties on most countries for 90 daysTrade war with Beijing intensifiesEuro up 1% Reuters LIVE coverage By Kevin Buckland and Alun John TOKYO/LONDON, April 10 (Reuters) -...Reuters
Thu, Apr 10
US close to trade deals with trading partners, White House's Hassett says
WASHINGTON, April 10 (Reuters) - The United States is talking to trading partners and is close to reaching agreements with some on tariffs, White House economic adviser Kevin Hassett said on Thursday after President Donald Trump paused some of the duties."There's a big inventory of deals tha...Reuters
Thu, Apr 10
Malaysia to await tariffs clarity before revising outlook, central bank chief says
By Danial Azhar KUALA LUMPUR, April 10 (Reuters) - Malaysia's central bank will wait for the global situation on trade tariffs to settle before making policy recommendations or revising growth forecasts, its governor said on Thursday.With a tariff of 24% on goods shipped to the United States,...Reuters
Thu, Apr 10
