Eurozone trade balance hits €36.8 billion in March, with exports rising faster than imports.
USD/CAD hovers near 1.3960; weak Canadian data, rate cut risks pressure Loonie despite stable US Dollar.
LVMH lags; Europe’s luxury market weakens, while US tech rebounds, challenging European stocks’ recent lead.
EUR/USD steady near 1.12; U.S. inflation expectations rise, supporting Dollar; Ethereum adoption surges.
South Korea seeks US tariff waiver, raising global concerns about fairness and consistency in trade policy.
Canadian Dollar stable; USD/CAD resists above 1.4000 amid US data, oil prices, and policy expectations.
Raphael Bostic sees one rate cut in 2024, citing inflation concerns and modest economic growth ahead.
Pound Sterling rises near 1.3330 amid weak US data; traders eye Fed rates, UK inflation outlook.
Italy’s April inflation slightly revised down; core inflation rises due to higher services prices at 3.0%.
OPEC maintains 1.3 million barrel demand forecast, warns of trade risks; supply cuts may boost production.
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