Oil is trading back below $109/bbl after the surge in late NY trade on rumours of a pipeline explosion. Gold is trading at $1724/oz.
Regional equity markets are higher on the day, by an average of around 0.5%.
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- The Indian Rupee extends the losses amid US-Iran stalemate with record lows in sight
- US futures keep more muted awaiting big day ahead
- Fed preview: focus on Powell’s final press conference as no policy change is expected
- Euro area economic climate worsens further in April as inflation expectations jump
- USD/CAD pulls back into a major trendline ahead of the BoC and Fed decisions. What's next?
- German states see slight uptick in headline inflation for April
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