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US recognizes Panama's sovereignty over canal, Panama says after talks
PANAMA CITY, April 9 (Reuters) - Panama said on Wednesday the United States recognized its sovereignty over the Panama Canal, despite tough rhetoric from Washington, as the two nations announced agreements to deepen U.S. military training in the Central American nation.Reuters
Thu, Apr 10
US bond rout leaves investors bruised despite Trump pause on tariffs
Selloff at some points reached levels not seen since 200110-year auction comes within expectations, in reliefTraders point to forced but orderly selling by hedge fundsSome analysts question long-term demand for Treasuries Live updates on latest developments and global reactionBy Tom Westbrook...Reuters
Wed, Apr 9
ANALYSIS-Sharp US bond selloff revives flashbacks of COVID-era 'dash-for-cash'
Margin calls, need for liquidity exacerbate bond selloffUnwinding of basis trade reminds investors of 2020 market crashSwap spreads tighten sharply, signaling selling pressureBy Davide Barbuscia and Gertrude Chavez-Dreyfuss NEW YORK, April 9 (Reuters) - A violent U.S. Treasury selloff, evoking th...Reuters
Wed, Apr 9
European shares resume selloff as trade war escalates; healthcare slumps
Pharma giants drop after Trump touts 'major' tariff plansGermany's Merz unveils coalition deal Energy stocks hit by four-year low in oil pricesInvestors flee from U.S. bonds to cash By Sukriti Gupta and Lisa Pauline Mattackal April 9 (Reuters) - European shares tumbled further on Wedn...Reuters
Wed, Apr 9
EXCLUSIVE-China plans high-level meet to craft support measures after US tariff hikes, say sources
April 9 (Reuters) - China's top leaders plan to meet as soon as Wednesday to hammer out measures to boost the economy and stabilise capital markets, people with knowledge of the matter said, as trade war with the United States escalates.Reuters
Wed, Apr 9
EXCLUSIVE-ECB braces for bigger-than-anticipated growth hit from tariffs - sources
FRANKFURT, April 9 (Reuters) - Euro zone economic growth could fall much more from the impact of U.S. trade tariffs than initially estimated by the European Central Bank and the turmoil could also drag inflation down in the near term, four sources told Reuters.The ECB last month predicted that a traReuters
Wed, Apr 9
U.S. Stocks, Bonds, and Dollar All Hit: Under the "Schrödinger's Trump Administration," U.S. Assets No Longer Safe Havens
TradingKey - Amid the escalating risks posed by President Trump’s asymmetrical "reciprocal tariffs" and the unpredictable nature of his policymaking—likened by some analysts to "Schrödinger’s cat"—risky assets tumbled across the board on Tuesday. Even traditional safe havens such as the U.S...TradingKey
Wed, Apr 9
Intensifying U.S.-China Tariff War: Yuan Depreciation in Motion as Exchange Rate Hits Record Low
In addition to imposing counter-tariffs, the People's Bank of China (PBOC) appears to be pursuing an orderly depreciation of the yuan, having lowered the currency’s central parity rate of the yuan against the U.S. dollar for five consecutive trading days.
TradingKey
Wed, Apr 9
CORRECTED-Japan's Seven & i seen booking 24% fall in Q4 profit, adding to takeover pressure
By Anton Bridge TOKYO, April 8 (Reuters) - Japanese retailer Seven & i Holdings 3382.T is set to record a 24% drop in quarterly profit on Wednesday as underperformance of its convenience store business hampers its ability to fend off a takeover attempt by Canada's Alimentation Couche-Tard...Reuters
Wed, Apr 9
Asian buyers shun US farm goods, hit by ship crunch and trade war
SINGAPORE, April 9 (Reuters) - Asian buyers are reducing purchases of U.S. agricultural goods as Washington's planned fees on China-linked vessels and sweeping import duties on key regional trading partners stoke uncertainty and dampen appetite for American products.Reuters
Wed, Apr 9
Yuan dips to new lows as US tariffs on China kick in
SINGAPORE/HONG KONG, April 9 (Reuters) - China's yuan dipped to a fresh 19-month low against the U.S. dollar on Wednesday after its offshore counterpart fell to a record low overnight, as investors fretted about an intensifying Sino-U.S. trade war.Reuters
Wed, Apr 9
U.S. Stock Rebound Fizzles as VIX Soars; Navarro Warns Tariff War to Escalate Further!
TradingKey - On the eve of the implementation of the U.S. reciprocal tariffs, hopes for successful trade negotiations briefly lifted investor sentiment, propelling the S&P 500 up 4% in early trading. However, the Trump administration’s firm commitment to its tariff strategy soon underscored the...
TradingKey
Wed, Apr 9
Yuan dips to new lows as US forges ahead with 104% tariffs on China
SINGAPORE/HONG KONG, April 9 (Reuters) - China's yuan dipped further against the U.S. dollar to a fresh 19-month low on Wednesday after the currency slid to a record low in offshore markets overnight, as investors fretted about intensifying Sino-U.S. trade tensions.Reuters
Wed, Apr 9
Trump says he told TSMC it would pay 100% tax if it doesn't build in US
April 8 (Reuters) - President Donald Trump on Tuesday said he told the Taiwan Semiconductor Manufacturing Company, which has pledged to build new factories in the United States, it would pay a tax of up to 100% if it did not build its plants in the country.Speaking at a Republican National Congressi...Reuters
Wed, Apr 9
Japanese Yen strengthens further as recession fears boost safe-haven demand
The Japanese Yen (JPY) buying remains unabated for the second straight day on Wednesday as investors continue to take refuge in the traditional safe-haven currency amid concerns about a tariffs-driven global recession.Fxstreet
Wed, Apr 9
AUD/NZD sticks to intraday gains around 1.0800 after RBNZ’s expected 25 bps rate cut
The AUD/NZD cross regains positive traction during the Asian session on Wednesday, though it struggles to capitalize on the move and remains confined in the previous day's broader range. Spot prices retreat a few pips after the Reserve Bank of New Zealand (RBNZ) announced its policy decision and...
Fxstreet
Wed, Apr 9
Japan rules out using US Treasury holdings to counter Trump tariffs
TOKYO, April 9 (Reuters) - Japanese Finance Minister Katsunobu Kato on Wednesday ruled out using the country's U.S. Treasury holdings as a bargaining tool against President Donald Trump's decision to slap tariffs against imports from Japan.Reuters
Wed, Apr 9
WRAPUP 12-Stocks slide again as US forges ahead with 104% tariffs on China
S&P nears bear market territoryWhite House says 104% China tariffs will take effect on WednesdayUS will also go ahead with dozens of other country-specific levies Trade talks with South Korea, Japan scheduledAmericans expect higher pricesBy Susan Heavey, Trevor Hunnicutt and Joe Cash WASHINGT...Reuters
Wed, Apr 9