News
Important Only
RPT-COLUMN-US 10-year yield won't dance to Bessent's tune: McGeever
By Jamie McGeeverORLANDO, Florida, April 8 (Reuters) - Short-term asset price moves are rarely meaningful – especially not when markets are panicking – but the 10-year U.S. Treasury yield's round-trip since President Donald Trump's 'Liberation Day' last week is extraordinary.Treasury...Reuters
Wed, Apr 9
BOJ sticks to rate-hike stance but signals pause on US tariff risks
Ueda repeats BOJ will keep hiking rates if economy improvesUnderlying inflation accelerating as wage hikes continueBOJ must focus on risks such as tariff uncertaintyUeda avoids committing to bold action against Trump headwindBOJ board to meet April 30-May 1, issue quarterly forecastsBy Leika Kihara ...Reuters
Wed, Apr 9
USD/CHF tumbles below 0.8450 amid risk-off mood, eyes on FOMC Minutes
The USD/CHF pair extends its downside to near 0.8435 during the early European session. The Swiss Franc (CHF) edges higher against the US Dollar (USD) as traders seek refuge from the intensifying market turmoil caused by US President Donald Trump’s sweeping tariffs and fears of a global recession.
Fxstreet
Wed, Apr 9
Yuan dips to new lows as US tariffs on China kick in
SINGAPORE/HONG KONG, April 9 (Reuters) - China's yuan dipped to a fresh 19-month low against the U.S. dollar on Wednesday after its offshore counterpart fell to a record low overnight, as investors fretted about an intensifying Sino-U.S. trade war.
Reuters
Wed, Apr 9
Yuan dips to new lows as US forges ahead with 104% tariffs on China
SINGAPORE/HONG KONG, April 9 (Reuters) - China's yuan dipped further against the U.S. dollar to a fresh 19-month low on Wednesday after the currency slid to a record low in offshore markets overnight, as investors fretted about intensifying Sino-U.S. trade tensions.Reuters
Wed, Apr 9
Australia, NZ dollars at mercy of global slowdown as RBNZ cuts rates
By Wayne Cole SYDNEY, April 9 (Reuters) - The Australian and New Zealand dollars edged off deep lows on Wednesday as U.S. recession risks hobbled their major competitor, though the prospect of new massive U.S. tariffs on China could make the gains fleeting.Such was the scale of uncertainty in mar...Reuters
Wed, Apr 9
Iron ore slips to 6-1/2-month low as global trade war intensifies
By Amy Lv and Lewis Jackson BEIJING, April 9 (Reuters) - Iron ore futures dropped on Wednesday to their lowest levels in more than six months, as demand prospects were clouded by the escalation of a global trade war triggered by U.S. President Donald Trump's broad tariffs. The most-traded Sep...Reuters
Wed, Apr 9
India Morning Newsletter, April 9
(India Morning Newsletter will not be published on Thursday, April 10 on account of the Mahavir Jayanti holiday)To access a PDF version of this newsletter, please click hereIf you would like to receive this newsletter via email, please register at: https://solutions.lseg.com/MNCIndia-Subscriptionpag...Reuters
Wed, Apr 9
Japan, US may discuss FX in trade talks, Finance Minister Kato says
FX matters to be discussed by Japan, US finance chiefsUS may pressure Japan to prop up yen, some analysts sayKato's remarks follow Bessent's post signaling talks on FXRecession fears complicate BOJ's rate-hike pathBy Leika Kihara TOKYO, April 9 (Reuters) - Japanese Finance Minister Ka...Reuters
Wed, Apr 9
Japanese Yen strengthens further as recession fears boost safe-haven demand
The Japanese Yen (JPY) buying remains unabated for the second straight day on Wednesday as investors continue to take refuge in the traditional safe-haven currency amid concerns about a tariffs-driven global recession.
Fxstreet
Wed, Apr 9
AUD/NZD sticks to intraday gains around 1.0800 after RBNZ’s expected 25 bps rate cut
The AUD/NZD cross regains positive traction during the Asian session on Wednesday, though it struggles to capitalize on the move and remains confined in the previous day's broader range. Spot prices retreat a few pips after the Reserve Bank of New Zealand (RBNZ) announced its policy decision and...
Fxstreet
Wed, Apr 9
Australian Dollar appreciates amid potential easing of global trade tensions
The Australian Dollar (AUD) halts its three-day losing streak against the US Dollar (USD) on Wednesday, supported by comments from US President Donald Trump suggesting a willingness to negotiate with trade partners.
Fxstreet
Wed, Apr 9
Japan, US may debate FX in trade talks, finance minister Kato says
TOKYO, April 9 (Reuters) - Japanese Finance Minister Katsunobu Kato said on Wednesday trade negotiations with the United States could include discussions on foreign exchange rates."There has been various communication, including on exchange rates, from the U.S. side, so currency moves could be a...Reuters
Wed, Apr 9
Japan rules out using US Treasury holdings to counter Trump tariffs
TOKYO, April 9 (Reuters) - Japanese Finance Minister Katsunobu Kato on Wednesday ruled out using the country's U.S. Treasury holdings as a bargaining tool against President Donald Trump's decision to slap tariffs against imports from Japan.Reuters
Wed, Apr 9
Offshore yuan near record low as US forges ahead with 104% tariffs on China
SINGAPORE/HONG KONG, April 9 (Reuters) - The offshore yuan languished near record lows struck overnight in early trading on Wednesday, as investors fretted about intensifying Sino-U.S. trade tensions and the impending 104% tariffs on China.The declines in the yuan this week have come as a trade war ...Reuters
Wed, Apr 9
FOREX-Dollar slips on yen and Swissy, yuan hits record low
Safe-havens in demand as equity markets skid againYen climbs, Swiss franc scales 6-month top on dollarYuan slides as U.S. set to raise China tariff to 104%By Wayne Cole SYDNEY, April 9 (Reuters) - The dollar lost ground to the safe-haven yen and Swiss franc on Wednesday as the imminent imposition...Reuters
Wed, Apr 9
