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EMERGING MARKETS-Stocks join global rally on hopes of easing China-US trade tensions
By Medha Singh May 2 (Reuters) - Most emerging markets' currencies rose on Friday, joining a global rally as signs that the United States and China are engaging in tariff talks offered solace to investors hoping for a de-escalation in the damaging trade war.Beijing is "evaluating" an ...Reuters
Fri, May 2
Sterling edges up against weaker dollar ahead of key U.S. data
By Lucy Raitano May 2 (Reuters) - Sterling edged up against a weaker dollar on Friday, staying near a three-year high scaled earlier in the week as the U.S. currency lost ground over U.S. President Donald Trump's announced sweeping tariffs. At 1018 GMT, the pound was up 0.1% versus the dollar...Reuters
Fri, May 2
FOREX-Dollar on backfoot ahead of payrolls data even as trade talks go on
China's Commerce Ministry evaluates US offer for trade talksYen hits three-week low against the dollar then reboundsNon-farm payrolls report awaited for Fed rate cut cluesBy Rocky Swift TOKYO, May 2 (Reuters) - The U.S. dollar ceded ground to the Swiss franc, Australian dollar, euro and yen o...Reuters
Fri, May 2
Eurozone Preliminary HICP inflation steadies at 2.2% YoY in April vs. 2.1% expected
The Eurozone Harmonized Index of Consumer Prices (HICP) increased 2.2% year-over-year (YoY) in April, at the same pace as seen in March, the official data released by Eurostat showed Friday. The market consensus was for a 2.1% reading in the reported period.
Fxstreet
Fri, May 2
NZD/USD appreciates to near 0.5950 ahead of Nonfarm Payrolls report
NZD/USD retraces its recent losses from the previous session, trading around 0.5940 during the European hours on Friday. The upside of the pair could be restrained as signs of easing US trade tensions support the US Dollar (USD).
Fxstreet
Fri, May 2
Mitsubishi Ceo: We May Consider Alaska Lng Project In The Future, But Immediate Priority Is To Complete Lng Canada Successfully And Ensure Its Profitability
May 2 (Reuters) - Mitsubishi Corp 8058.T:MITSUBISHI CORP CFO: EXPECTS HIGHER VOLATILITY IN EXCHANGE RATE, WE MAY REVISE OUR CURRENCY ASSUMPTION FOR FY25/26 DEPENDING ON SITUATIONMITSUBISHI CEO: WE MAY CONSIDER ALASKA LNG PROJECT IN THE FUTURE, BUT IMMEDIATE PRIORITY IS TO COMPLETE LNG CANADA SUCCESS...Reuters
Fri, May 2
GBP/JPY Price Forecast: Strengthens above 193.00, overbought RSI warrants caution for bulls
The GBP/JPY cross drifts higher to near 193.25 during the early European session on Friday. The Japanese Yen (JPY) weakens against the Pound Sterling (GBP) as traders scale back their bets on further interest-rate hikes by the Bank of Japan (BoJ).
Fxstreet
Fri, May 2
FOREX-Aussie leads major currencies higher on signs of thaw in US-China talks
China's Commerce Ministry evaluates US offer for trade talksYen hits three-week low against the dollarNonfarm payrolls report awaited for Fed rate cut cluesBy Rocky Swift TOKYO, May 2 (Reuters) - The Australian dollar led gains against the U.S. dollar on Friday amid signs of a possible th...Reuters
Fri, May 2
ANALYSIS-Amazon sellers are stocking up in the face of tariffs, but it's a short-term fix
Third-party sellers build inventory to avoid tariff impact Once stocks run out, they will likely have to hike prices, analysts sayAmazon sellers may have to accept tighter margins to shore up sales By Deborah Mary Sophia and Arriana McLymore May 2 (Reuters) - Amazon AMZN.O on Thursday tried to te...Reuters
Fri, May 2
