News
Important Only
US banks flag risks to consumer spending from tariff uncertainty
Consumers remain largely resilientLabor market strength offers supportRecession risks still lingeringBy Niket Nishant April 15 (Reuters) - U.S. consumer spending has benefited from strong wage growth and low unemployment so far, but it faces huge risks if the upheaval sparked by President Donald...Reuters
Tue, Apr 15
WRAPUP 2-US import prices muted, but tariffs loom over inflation
Import prices decrease 0.1% in March; up 0.9% year-on-yearPrices for imports from China fall 0.2%; down 0.9% year-on-yearBy Lucia Mutikani WASHINGTON, April 15 (Reuters) - U.S. import prices unexpectedly fell in March, pulled down by decreasing costs for energy products, the latest indication tha...Reuters
Tue, Apr 15
Italy's Meloni to meet Trump amid U.S.- Europe trade tensions
Italian PM is close to Trump, but has strong ties with EU alliesMeloni seeks mediator role between U.S. and European UnionRome proposes 'zero-for-zero' approach on industrial tariffsBy Angelo Amante ROME, April 15 (Reuters) - Italian Prime Minister Giorgia Meloni is heading to the White H...Reuters
Tue, Apr 15
TREASURIES-Treasury market catches breath before retail sales data and Powell
Market stabilizes after last week's bond yield surgeTraders look ahead to Fed Chair Powell's speech and retail sales data on WednesdayBond market recovery eases financial turmoil fearsBy Alden BentleyNEW YORK, April 15 (Reuters) - Yields on U.S. Treasury debt were little changed early on Tue...Reuters
Tue, Apr 15
US banks flag risks to consumer spending from tariff policy uncertainties
Consumers remain largely resilientLabor market strength offers supportRecession risks still lingeringBy Niket Nishant April 15 (Reuters) - U.S. consumer spending has benefited from strong wage growth and low unemployment so far, but it faces huge risks, bank executives warned, if the upheava...Reuters
Tue, Apr 15
US Dollar rebounds while investors still concerned over erratic tariff headlines
The US Dollar (USD) gains temporary ground after stabilizing near its recent lows, with the US Dollar Index (DXY) rebounding from its three-year low of 99.00 to 100.00 during North American trading hours on Tuesday.Fxstreet
Tue, Apr 15
Canadian home sales post weakest March since 2009 on tariff uncertainty
By Fergal Smith TORONTO, April 15 (Reuters) - Canadian home sales and house prices declined in March, while the outlook for the full year turned less rosy, as U.S.-led global trade tensions threatened to upend the domestic economy, data from the Canadian Real Estate Association (CREA) showed.Home...Reuters
Tue, Apr 15
Canada's inflation surprisingly slows to 2.3% in March
On a monthly basis, the consumer price index rose by 0.3%Analysts had forecast CPI at 2.6% annually, 0.6% monthlyInflation slowed by lower gasoline and travel tour pricesCurrency markets see 52% chance of a pause in rate cutBy Promit MukherjeeOTTAWA, April 15 (Reuters) - Canada's annual inflatio...Reuters
Tue, Apr 15
Canadian home sales and prices fall in March
TORONTO, April 15 (Reuters) - Canadian home sales fell 4.8% in March from February and were down 9.3% on an annual basis, data from the Canadian Real Estate Association showed on Tuesday.The industry group's Home Price Index declined 1% on the month and was down 2.1% annually, while the national...Reuters
Tue, Apr 15
INSTANT VIEW-Canada's annual inflation eases to 2.3% in March
TORONTO, April 15 (Reuters) - Canada's annual inflation rate fell to 2.3% in March from 2.6% in February, helped by lower gasoline and travel tour prices.Analysts had expected inflation to remain at 2.6% Market reaction: CAD/Link: https://www150.statcan.gc.ca/n1/daily-quotidien/250415/dq2...Reuters
Tue, Apr 15
INSTANT VIEW-Canada's annual inflation eases to 2.3% in March
TORONTO, April 15 (Reuters) - Canada's annual inflation rate fell to 2.3% in March from 2.6% in February, helped by lower gasoline and travel tour prices.Analysts had expected inflation to remain at 2.6% Market reaction: CAD/Link: https://www150.statcan.gc.ca/n1/daily-quotidien/250415/dq2...Reuters
Tue, Apr 15
US import prices unexpectedly fall in March on cheaper energy goods
WASHINGTON, April 15 (Reuters) - U.S. import prices unexpectedly fell in March, pulled down by decreasing costs for energy products, but the trend is unlikely to be sustained amid an escalation in trade tensions.Import prices dipped 0.1% last month after a downwardly revised 0.2% gain in February, t...Reuters
Tue, Apr 15
