European Shares Drift Lower As Trump Threatens Fed Independence

European Shares Rally As Trump Comments Help Ease Fed, Trade Worries

European stocks rose sharply on Wednesday after U.S. President Donald Trump toned down his rhetoric on Jerome Powell, saying he would like to see him be a little more active in terms of his idea to lower interest rates but have no intention to fire him.

RTTNews | 12分前

Asian Shares Follow Wall Street Higher As Trump Backs Off Threat To Fire Fed Chief

Asian stocks followed Wall Street higher on Wednesday after U.S. President Donald Trump backed down from threats to dismiss Federal Reserve Chair Jerome Powell and also signaled that 145 percent tariffs on Chinese imports will "come down substantially".

RTTNews | 37分前

European Economic News Preview: Eurozone Flash PMI Data Due

Flash composite Purchasing Managers' survey from the euro area and the UK are the top economic news due on Wednesday. At 2.00 am ET, the Office for National Statistics releases UK public sector finance data for March. The budget deficit is seen at GBP 15.4 billion compared to GBP 10.7 billion in February.

RTTNews | 3時49分前

European Shares Set To Rise As Trade Tensions Ease

European stocks may open on a buoyant note Wednesday as optimism grew over a potential easing of trade tensions between the U.S. and China and U.S. President Donald Trump said he had no intention of firing Federal Reserve Chair Jerome Powell, helping calm investor concerns over the Fed's independence.

RTTNews | 3時50分前

Indian Rupee Falls To 2-day Low Against U.S. Dollar

The Indian rupee weakened against the U.S. dollar in the Asian session on Wednesday, as terrorist attacks in Kashmir, India, weighed on sentiment.

RTTNews | 4時49分前

Commodity Currencies Rise Amid Hopes For US-China Trade Deal

The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against other major currencies in the Asian session on Wednesday, after U.S. President Donald Trump said tariffs on China would be trimmed down from the current 145 percent rate. Reports also indicate that Treasury Secretary Scott Bessent told a closed-door investor summit he expects the trade dispute between the U.S. and China to de-escalate.

RTTNews | 5時7分前

Sensex, Nifty Edge Higher; IT Stocks Take Lead

Indian shares were notably higher in early trade on Wednesday amid hopes of easing trade tensions between the world's two largest economies and as U.S. President Donald Trump said he had no intention of firing Federal Reserve Chair Jerome Powell.

RTTNews | 5時16分前

Canadian Dollar Advances Against Most Majors

The Canadian dollar strengthened against most major currencies in the Asian session on Wednesday.

RTTNews | 5時31分前

EURUSD	1.14394	GBPUSD	1.33364	AUDUSD	0.64164
USDJPY	141.629	USDCAD	1.38052	USDCHF	0.82012

Advertisement

European Shares Drift Lower As Trump Threatens Fed Independence