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RPT-Sweden is well placed to deal with international turbulence, Riksbank's Thedeen says
STOCKHOLM, April 8 (Reuters) - Sweden is well placed to deal with international turbulence, central bank Governor Erik Thedeen said on Tuesday. "At the same time, the uncertainty surrounding tariffs may hamper consumption and investment," the Riksbank's Thedeen said in the written summar...Reuters
Tue, Apr 8
CEE MARKETS-Central Europe's stocks regain some ground after tariff slide, FX firmer
WARSAW, April 8 (Reuters) - Central European stock markets recouped some losses on Tuesday after their worst three-day slide in years following the global market turmoil caused by U.S. tariffs, while currencies also steadied after falls.The European Union faces 25% import tariffs on steel and alumin...Reuters
Tue, Apr 8
Sweden is well placed to deal with international turbulence, Riksbank's Thedeen says
STOCKHOLM, April 8 (Reuters) - Sweden is well placed to deal with international turbulence, central bank Governor Erik Thedeen said on Tuesday. "At the same time, the uncertainty surrounding tariffs may hamper consumption and investment," the Riksbank's Thedeen said in the written summar...Reuters
Tue, Apr 8
Russian rouble regains some ground against US dollar
MOSCOW, April 8 (Reuters) - The Russian rouble regained some ground against the U.S. dollar on Tuesday, supported by increased foreign currency sales by the central bank as oil prices climbed back after U.S. tariff-driven selloff. By 0910 GMT, the rouble RUB= was up 1.1% at 85.20 against the dollar ...Reuters
Tue, Apr 8
Dollar falls as prospect of tariff talks calms global markets
LONDON/SINGAPORE, April 8 (Reuters) - The U.S. dollar fell on Tuesday while the euro rallied as stocks rebounded in Asia and Europe on hopes that U.S. President Donald Trump will enter negotiations over his sweeping tariffs that have roiled markets for three days.
Fall in oil prices poses risk to Russian economy, TASS cites central bank chief
MOSCOW, April 8 (Reuters) - A sharp drop in global oil prices triggered by U.S. President Donald Trump's tariffs poses a risk to the Russian economy, the state TASS news agency cited Elvira Nabiullina, the governor of Russia's central bank, as saying on Tuesday.She was quoted as saying that ...Reuters
Tue, Apr 8
Indonesian rupiah movement manageable despite drop, minister says
JAKARTA, April 8 (Reuters) - The Indonesian rupiah's movement is still manageable, chief economic minister Airlangga Hartarto said on Tuesday after the currency had tumbled to a record low against the dollar.Airlangga was speaking at an economic event attended by President Prabowo Subianto, the ...Reuters
Tue, Apr 8
Fall in oil prices poses risk to Russian economy, TASS cites central bank chief
MOSCOW, April 8 (Reuters) - A sharp drop in global oil prices triggered by U.S. President Donald Trump's tariffs poses a risk to the Russian economy, the state TASS news agency cited Elvira Nabiullina, the governor of Russia's central bank, as saying on Tuesday.She was quoted as saying that ...Reuters
Tue, Apr 8
RPT-COLUMN-Wall Street isn't even close to pricing in recession: McGeever
By Jamie McGeeverORLANDO, Florida, April 7 (Reuters) - If a proper bear market is unfolding on Wall Street, then it still has a long way to go, especially if the U.S. economy tips into recession. While the S&P 500 on Monday narrowly avoided what would have been the worst three-day selloff since ...Reuters
Tue, Apr 8
USD/CHF remains under selling pressure near 0.8550 amid Trump tariff turmoil
The USD/CHF pair attracts some sellers to near 0.8550 during the early European trading hours on Tuesday. The US Dollar (USD) weakens against the Swiss Franc (CHF) as the fears of a global recession heighten following US President Donald Trump's sweeping tariffs on trading partners.
Fxstreet
Tue, Apr 8
AUD/JPY recovers to near 89.50 as global sentiment improves
The AUD/JPY cross jumps to 89.40, snapping the three-day losing streak during the early European session on Tuesday. The improving global risk sentiment and encouraging stimulus plans from China provide some support to the Aussie.
Fxstreet
Tue, Apr 8
FOREX-Dollar frail as traders flock to safe havens on tariff turmoil
Japanese yen and Swiss franc the go-to asset for investors Aussie dollar, a risk proxy, rises but is near 5-year lowEuro up as traders consider retaliatory movesBy Ankur Banerjee SINGAPORE, April 8 (Reuters) - Safe havens the yen and the Swiss franc held near six-month highs on Tuesday while the ...Reuters
Tue, Apr 8
Trump won't get 'Plaza Accord'-type dollar deal, says ex-Japan FX diplomat
US needs China, Europe buy-in for 'Mar-a-Lago Accord' to workFX intervention, even if coordinated, less effective nowTariff damage to Japan's economy may be bigger than expectedSharp yen rise likely remains a risk for Japan policymakersBOJ should keep raising rates, but not now, Shinohar...Reuters
Tue, Apr 8
China's yuan hits 2023 lows on signs PBOC is tolerant of some weakness
Yuan weakens amid escalating US-China trade warYuan weakness seen counteracting export pressuresPBOC unlikely to pursue sharp yuan depreciation, analysts say SHANGHAI, April 8 (Reuters) - China's yuan fell to its weakest level since 2023 on Tuesday after the central bank slightly loosened its...Reuters
Tue, Apr 8
FOREX-Dollar frail as traders look for safe havens on tariff turmoil
Japanese yen and Swiss franc the go-to asset for investors Aussie dollar, risk proxy, hovering near 5-year lowEuro up in as traders consider retaliatory movesBy Ankur Banerjee SINGAPORE, April 8 (Reuters) - The safe havens yen and Swiss franc held near six-month highs on Tuesday while the U.S. do...Reuters
Tue, Apr 8
QUOTES-Treasuries whipsaw as tariffs leave markets teetering
April 8 (Reuters) - The U.S. Treasury market swung from buying to heavy selling on Monday in one of its most volatile days in years, as investors grappled with U.S. tariffs due to take effect on Wednesday.Benchmark 10-year yields traded in a 35 basis point range and expectations for a U.S. rate cut ...Reuters
Tue, Apr 8
China's yuan hits 2023 lows on signs PBOC is tolerant of some weakness
SHANGHAI, April 8 (Reuters) - China's yuan fell to its weakest level since 2023 on Tuesday after the central bank slightly loosened its grip on the currency in what analysts said was an attempt to counteract the blow to exports from an intensifying global trade war.
Reuters
Tue, Apr 8
Australia, NZ dollars saved by short squeeze, troubles far from over
By Wayne Cole SYDNEY, April 8 (Reuters) - The Australian and New Zealand dollars were trying to find their footing on Tuesday after a squeeze on short positions lifted them from deep lows, while bonds were whipsawed by a vicious reversal in U.S. Treasuries.Some wild moves in markets left the Auss...Reuters
Tue, Apr 8
