- — ECB’s March meeting minutes confirm diverging views on the timing of further cuts
- The most important passage of the European Central Banks latest minutes was the discussion on the monetary policy outlook. It is obvious that at the March meeting, the views on next steps had already started to diverge. The more dovish ECB members stressed the risk of inflation undershooting as a result of escalating trade tensions, ...
- — US Weekly Jobless Claims Fall As Labor Market Stays Stable For Now
- The number of Americans filing new applications for unemployment benefits fell last week, pointing to continued labor market stability ahead of potential volatility from import tariffs. Initial claims for state unemployment benefits dropped 6,000 to a seasonally adjusted 219,000 for the week ended March 29, the Labor Department said on Thursday. Economists polled by Reuters ...
- — US trade deficit narrows in February
- The U.S. trade deficit narrowed in February, but the level of imports remained elevated after businesses front-loaded goods to avoid higher prices from tariffs, keeping trade on track to be a drag on economic growth in the first quarter. The trade gap contracted 6.1% to $122.7 billion from a revised record $130.7 billion in January, ...
- — Asia takes big tariffs hit: Vietnam, Thailand most affected, while exemptions ease impact for India, Singapore
- APAC hit by tariffs in the range of 10-49% US President Trump announced a blanket tariff of 10% on US imports, though most APAC countries are being hit with an additional 10% or more on top of that rate. The largest tariffs seem targeted at countries exporting lower-value-added items like footwear, furniture, garments, and textiles. ...
- — Barclays sees ‘high risk’ of US recession this year
- There is a high risk of the U.S. economy falling into a recession this year after President Donald Trumps sweeping new tariffs, Barclays said on Thursday. Trump said on Wednesday that he would impose a 10% baseline tariff on all imports to the U.S. and higher duties on dozens of other countries. On a quarterly ...
- — World leaders condemn Trump’s tariffs, some pledge retaliation
- Countries across the world, including some of Americas closest allies, condemned President Donald Trumps announcement of reciprocal tariffs and some pledged counter-measures while hoping the White House would be open to negotiations. China urged the United States to immediately cancel its latest tariffs and vowed to safeguard its own interests, threatening to spiral the worlds ...
- — Tariffs: Europe’s worst economic nightmare just came true
- Wednesdays tariff announcements by Donald Trump should be the final reminder for Europe that the Transatlantic relationship has changed for good. And this doesn’t only apply to security and defence policies. Since the US elections in November, its been clear that the intended US economic policies were a kind of modern version of beggar-thy-neighbor policies, ...
- — Euro zone factories show signs of recovery but Asia weakens as US tariffs sap confidence
- Factory activity showed early signs of a meaningful recovery in the euro zone in March but mostly weakened around Asia as an intensifying U.S. tariff war and slowing global demand hurt business sentiment, darkening the outlook, surveys showed. U.S. President Donald Trump is set to announce a comprehensive tariff proposal on what hes called Liberation ...
- — Global deal activity disappoints, M&A revenue falls as Trump pursues tariffs
- A global trade war kicked off by U.S. President Donald Trump and the ensuing market turmoil soured bankers predictions for a robust start to a blockbuster year for deals on Wall Street. First-quarter mergers and acquisitions volume rose 12.6% to $984.38 billion from year-ago period, Dealogic data compiled for Reuters showed. This was due almost ...
- — German economy expected to recover only slowly, banks association says
- The German economy will recover from its prolonged period of weakness very slowly, growing by only 0.2% this year, according to the new forecasts of Germanys banks association, seen by Reuters on Wednesday. The association had previously forecast growth of 0.7% for this year in its forecasts published in September. The economy is not expected ...
- — Trump tariff liberation means endless complication
- Donald Trump is calling it Liberation Day. The president claims prospective tariffs on trillions of dollars of U.S. imports, which he is preparing to reveal on Wednesday, will mark the moment that global trading partners stop taking advantage of the United States. In fact, the decision could kick off a series of retaliations and negotiations ...
- — India March factory activity expands at its fastest pace in eight months, PMI shows
- Indias manufacturing activity expanded at the fastest pace in eight months in March, rebounding from a more than one-year low due to strong domestic demand, while output inflation declined to its lowest in a year, a private survey showed on Wednesday. The HSBC India Manufacturing Purchasing Managers Index (PMI), compiled by SP Global, bounced to ...
- — Ahead of US tariffs, Taiwan says it is ‘indispensable’ to global supply chain
- Taiwan President Lai Ching-te said on Wednesday ahead of an announcement of sweeping import tariffs by the United States that the island is an indispensable member of the global supply chain and it would defend its companies interests. Officials in President Donald Trumps administration, including Treasury Secretary Scott Bessent, have said that much of the ...
- — Buffeted by Trump, WTO hunkers down to plot future
- From its sleek headquarters on the shores of Lake Geneva, the World Trade Organization hopes to quietly ride out the after-shocks of Trump administration tariffs whose protectionist intent runs in the face of its free-trade mandate. For three decades the WTO has worked to maintain a rules-based and obstacle-free trading system as a motor of ...
- — Make in India could do with a dose of MAGA energy
- Prime Minister Narendra Modi spoke of his mission to Make India Great Again when he met Donald Trump in February, leaning on the U.S. presidents motto to Make America Great Again. For both leaders, the vision counts on spurring domestic manufacturing. But Indias mission is faltering. Modi may want to copy some of Trumps aggression ...
- — China’s banks head towards new lending woes
- Fresh trouble is brewing for Chinas banks. The state is injecting 520 billion yuan ($72 billion) of capital into four big lenders, hoping to spark consumer-driven economic growth. But doing Beijings bidding is already starting to cause some stress. On paper, the private placements unveiled on Sunday by Bank of China 601988, China Construction Bank ...
- — Tariff shock less worrying than slow burn
- The still mysterious U.S. tariff sweep coming on Wednesday makes it tough for investors to see much beyond this week, but the real risk is more of a slow-burning U.S. market decline on some open-ended plan seeding months more of uncertainty rather than a cathartic one-off. Most medium-range market forecasting has simply been abandoned ...
- — US factory orders rise solidly in February
- New orders for U.S.-manufactured goods increased solidly in February, likely as businesses front-loaded orders ahead of tariffs. Factory orders rose 0.6% after an upwardly revised 1.8% rebound in January, the Commerce Departments Census Bureau said on Wednesday. Economists polled by Reuters had forecast factory orders would climb 0.5% after a previously reported 1.7% advance in ...
- — Greece to spend 25 billion euros as part of multi-year defence plan
- Greece aims to spend 25 billion euros ($26.99 billion) as part of a multi-year defence plan, Prime Minister Kyriakos Mitsotakis told parliament on Wednesday. The move is part of Greeces bid to modernise its armed forces as it emerges from the 2009-2018 debt crisis that led to years of austerity, and as it tries to ...
- — US private payrolls growth beats expectations in March
- U.S. private payrolls increased more than expected in March, but that did not change economists views that the labor market was slowing against the backdrop of mounting economic uncertainty due to tariffs. Private payrolls increased by 155,000 jobs last month after an upwardly revised 84,000 rise in February, the ADP National Employment Report showed on ...
- — Larger tariffs pose stagflationary risks, Citigroup says
- Broad and high tariffs will raise prices and decrease growth, nudging markets toward stagflationary regimes, especially if the inflation impulse is significant, says Citigroup. Global investors are anxiously awaiting clarity on the Trump Administrations tariff plans expected on Wednesday, but with scant details on what to expect, financial markets remain on edge. Citigroup says a ...
As of 4/3/25 3:18pm. Last new 4/3/25 12:58pm.
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