News
Important Only
Poland - Factors to Watch April 15
WARSAW, April 15 - The following are significant news stories, press reports and events on Tuesday. ALL TIMES GMT (Poland: GMT + 2 hour):DATAStatistical office will publish data on inflation in Poland in March 2025 at 0800. According to the preliminary reading, it stood at 4.9% year on year.PEKAO SA...Reuters
Tue, Apr 15
FACTBOX-Global banks cut China growth forecasts as trade war deepens
SHANGHAI, April 15 (Reuters) - Global investment banks are lowering their projections for China's economic growth this year as U.S. President Donald Trump's aggressive tariffs are expected to take a toll on the world's second-largest economy.Some of the banks had upgraded their forecasts...Reuters
Tue, Apr 15
EUR/USD trades near 1.1350, stays silent as US Dollar seeks to recover stability
EUR/USD continues to slide for the second consecutive session, trading near 1.1350 during Asian hours on Tuesday. The pair weakens as the US Dollar (USD) attempts to regain stability amid growing concerns over stagflation.
Fxstreet
Tue, Apr 15
UBS lowers forecast for China 2025 GDP growth to 3.4% on tariff hikes
By Liz Lee and Kevin YaoBEIJING, April 15 (Reuters) - UBS has downgraded its China GDP growth forecast to 3.4% for 2025, on the assumption that tariff hikes between it and the United States will remain in place and that Beijing will roll out additional stimulus, it said in a report on Tuesday.The Sw...Reuters
Tue, Apr 15
Australian Dollar remains stronger following RBA Meeting Minutes
The Australian Dollar (AUD) strengthens for a fifth straight session against the US Dollar (USD) on Tuesday. The AUD/USD pair continued to gain momentum after US President Donald Trump exempted key technology products from his new “reciprocal” tariffs, lifting global risk sentiment.
Fxstreet
Tue, Apr 15
RBA Minutes: May meeting would be opportune time to reconsider
The Reserve Bank of Australia (RBA) published the Minutes of its April monetary policy meeting on Tuesday, which showed that board members agreed the May meeting would be an opportune time to reconsider, decision was not predetermined.Fxstreet
Tue, Apr 15
Fed's Bostic: Bold moves 'in any direction' wouldn't be prudent
Tariffs may delay inflation reaching Fed's 2% goal until 2027, Bostic saysEconomy on pause, with growth likely to slow: Bostic April 14 (Reuters) - Atlanta Federal Reserve Bank President Raphael Bostic said on Monday the uncertainty surrounding the Trump administration's tariff and other ...Reuters
Tue, Apr 15
US steps up probes into pharmaceutical, chip imports, setting stage for tariffs
April 14 (Reuters) - The Trump administration is proceeding with probes into imports of pharmaceuticals and semiconductors as part of a bid to impose tariffs on both sectors on grounds that extensive reliance on foreign production of medicine and chips is a national security threat, Federal...Reuters
Tue, Apr 15
Fed's Bostic: bold moves wouldn't be prudent amid fog of uncertainty
April 14 (Reuters) - Atlanta Federal Reserve Bank President Raphael Bostic said on Monday the fog of uncertainty over the Trump administration's tariff and other policies has put the economy into a "big pause" where households and businesses aren't making big investments, and suggest...Reuters
Tue, Apr 15
Fed's Bostic: Economic outcome depends on administration policy
Federal Reserve (Fed) Bank of Atlanta President Raphael Bostic noted during the early Tuesday market session that the Fed still has a long way to go to hit its 2% inflation mandate, complicating market expectations for further rate cuts.Fxstreet
Mon, Apr 14
Unions sue to block Trump from eliminating labor mediation agency
By Daniel Wiessner April 14 (Reuters) - More than a dozen major unions filed a lawsuit on Monday seeking to block the administration of President Donald Trump from shutting down a federal agency that mediates labor disputes in the public and private sectors.The unions in a complaint filed in Manh...Reuters
Mon, Apr 14
US Treasury Secretary Bessent: There doesn't have to be decoupling with China, but there could be
United States (US) Treasury Secretary Scott Bessent noted on Monday that the US isn't even close to any emergency scenarios that nobody was even worried about to begin with, and reiterated that the US will be pursuing "fair" trade negotiations with countries looking to secure exemptions from tariffsFxstreet
Mon, Apr 14
TREASURIES-Treasuries bounce after big tariff shakeout, yields fall back
10-year Treasury yield falls after last week's surgeTrump's tariff exemptions calm markets, but new tariffs loomFed Governor Waller comments push yields even lower By Alden Bentley NEW YORK, April 14 (Reuters) - Fear the U.S. Treasury market would lose its global preeminence abated on Mon...Reuters
Mon, Apr 14
Forex Today: RBA Minutes and UK jobs report gather attention
The Greenback extended its negative bias, entering its fourth consecutive week of losses amid the generalised improvement in the sentiment around the risk-linked galaxy and somewhat mitigated jitters on the US-China trade war front.Fxstreet
Mon, Apr 14
What to Watch in the Day Ahead - Tuesday, April 15
Bank of America is expected to report a drop in first-quarter profit, as the bank shored up more money in its loan loss provisions to guard against potential loan defaults in a volatile economy. In contrast, Citigroup's first-quarter profit is expected to have jumped, and investors will look out...Reuters
Mon, Apr 14
Drop in job-finding rate, rise in time out of work could signal recession ahead, SF Fed paper says
April 14 (Reuters) - Behind the gradual and relatively small rise in the U.S. unemployment rate in recent years are a couple of less-closely followed labor market indicators that are flashing yellow for recession risk, according to research published on Monday by the Federal Reserve Bank of San Fran...Reuters
Mon, Apr 14
Fed’s Waller: Tariffs are the biggest shock to affect US economy
Fed Governor Christopher Waller said the Trump administration's tariffs posed a significant shock to the US economy that might force the Fed to cut rates to avert a recession, though they could also be just a negotiating tactic with minimal lasting impact.Fxstreet
Mon, Apr 14