
US: Looming tariff threats put Asia at risk – UOB Group
As the 2 April 'Liberation Day' approaches, financial markets have turned more jittery with exporters and businesses bracing for potentially hard-hitting import tariffs imposed by US President Trump, UOB Group's economists Suan Teck Kin and Alvin Liew note.
TradeWar
China
UnitedStates
Banks

GBP/USD: Any decline is likely limited to a test of 1.2880 – UOB Group
Pound Sterling (GBP) is under mild downward pressure vs US Dollar (USD); it is expected to edge lower, but any decline is likely limited to a test of 1.2880.
GBPUSD
Technical Analysis
Banks

BoE's Greene: Rising inflation expectations are a concern
Comments from the BoE policymaker Megan Greene
GBP

Euro bulls must now hope for the ECB – Commerzbank
Yesterday brought us three pieces of news that could be relevant for the euro.
EURUSD
Technical Analysis
Banks

UK March final manufacturing PMI 44.9 vs 44.6 prelim
Final data released by S&P Global - 1 March 2025
GBP

EUR/USD: Expected to trade in a sideways range between 1.0780 and 1.0840 – UOB Group
Euro (EUR) is expected to trade in a sideways range between 1.0780 and 1.0840 vs US Dollar (USD).
EURUSD
Technical Analysis
Banks

EUR: CPI can keep markets dovish on ECB – ING
EUR/USD traded briefly below 1.080 yesterday before revering later in the session.
EURUSD
Technical Analysis
Banks

Eurozone March final manufacturing PMI 48.6 vs 48.7 prelim
Latest data released by HCOB - 1 April 2025
EUR

Breaking: US JOLTS Job Openings decline to 7.56 million in February vs. 7.63 million forecast
The Job Openings and Labor Turnover Survey (JOLTS) will be released on Tuesday by the United States (US) Bureau of Labor Statistics (BLS).
Employment
EconomicIndicator
SEO
UnitedStates
Breaking

Germany March final manufacturing PMI 48.3 vs 48.3 prelim
Final reading released by HCOB - 1 March 2025
EUR

Pound Sterling underperforms as Trump’s reciprocal tariffs loom large
The Pound Sterling (GBP) weakens against its major peers on Tuesday, with United Kingdom (UK) officials assessing potential economic risks from reciprocal tariffs to be unveiled by United States President Donald Trump on Wednesday.
GBPUSD
BOE
Fed
TradeWar
SEO

EUR/INR today: Indian Rupee cross rates edge higher at the start of the European session
Indian Rupee (INR) crosses trade on the front foot at the beginning of Tuesday, according to FXStreet data.
India

France March final manufacturing PMI 48.5 vs 48.9 prelim
Latest data released by HCOB - 1 April 2025
EUR


EC President von der Leyen: EU has strong plan to retaliate against US tariffs if necessary
European Commission President Ursula von der Leyen said on Tuesday, “we do not necessarily want to retaliate. But if it is necessary, we have a strong plan to do so and we will use it.”
EURUSD
TradeWar
Eurozone

EU has strong plan to retaliate against US tariffs if necessary - von der Leyen
Remarks by European Commission president, Ursula von der Leyen
Politics

Switzerland March manufacturing PMI 48.9 vs 50.5 expected
Latest data released by Procure - 1 April 2025
CHF


European indices bounce back at the open to start the day
A catch up to the rebound in Wall Street late yesterday
Stocks

USD/CHF retreats below 0.8850 as Trump’s tariffs loom
The USD/CHF pair softens to near 0.8840 during the early European session on Tuesday.
USDCHF
Majors
Macroeconomics

Forex Today: Markets remain on edge, await US tariff announcements
Here is what you need to know on Tuesday, April 1:
Currencies
TradeWar
Majors
Commodities
Macroeconomics

What are the main events for today?
The highlights include the Eurozone CPI, the US ISM Manufacturing PMI and the US Job Openings data
market overview

UK trade secretary says hopeful for Trump tariffs to be reserved in the next weeks/months
Remarks by UK trade secretary, Jonathan Reynolds
Politics

EUR/USD holds positive ground above 1.0800, eyes on Eurozone inflation data, ECB’s Lagarde speech
The EUR/USD pair gains momentum to around 1.0815 during the early European session on Tuesday.
EURUSD
Majors
Macroeconomics

Eurostoxx futures +0.4% in early European trading
A slight catch up to the late gains in Wall Street yesterday
Stocks

UK March Nationwide house prices 0.0% vs +0.2% m/m expected
Latest data released by Nationwide Building Society - 1 April 2025
GBP

India Gold price today: Gold kicks off FY 2025-26 with a bang
At the onset of the new fiscal year (FY) 2025-2026 in India, the Gold price stands tall on Tuesday after gaining 32% in FY 2024-2025.
Gold
India
Commodities
TradeWar

Silver Price Forecast: XAG/USD holds steady above $34.00, seems poised to climb further
Silver (XAG/USD) oscillates in a narrow trading band following the previous day's good two-way price moves, though it holds above the $34.00 mark through the Asian session on Tuesday.
Silver
Commodities
Technical Analysis
XAGUSD

Trump tariffs remain in focus as the countdown continues
There was a neat rebound in risk sentiment late yesterday though
market overview

WTI climbs above $71.00 as Trump threatens Russia with oil tariffs
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $71.35 during the early Asian session on Tuesday.
Oil
WTI
Commodities
Macroeconomics

NZD/USD holds steady around 0.5675-80 area, above multi-week low ahead of Trump’s tariffs
The NZD/USD pair struggles to capitalize on the previous day's modest bounce from the 0.5650-0.5645 region or a nearly four-week low and oscillates in a narrow band during the Asian session on Tuesday.
NZDUSD
Fed
RiskAppetite
TradeWar
Currencies

RBA’s Bullock: Board did not discuss a rate cut
Reserve Bank of Australia (RBA) Governor Michele Bullock is addressing a press conference following the announcement of the April monetary policy decision on Tuesday.
RBA
CentralBanks
InterestRate
AUDUSD

FX option expiries for Apr 1 NY cut
FX option expiries for Apr 1 NY cut at 10:00 Eastern Time via DTCC can be found below.
Currencies
Options

Gold price trims a part of intraday gains to all-time peak ahead of Trump's tariffs announcement
Gold price (XAU/USD) builds on the previous day's breakout momentum beyond the $3,100 mark and gains positive traction for the fourth successive day on Tuesday.
Gold
Commodities
TradeWar
Fed
SEO

AUD/JPY flat lines around 93.70, moves little after RBA decides to leave rates unchanged
The AUD/JPY cross struggles to capitalize on the previous day's modest bounce from the 93.00 neighborhood, or over a two-week low, and oscillates in a range during the Asian session on Tuesday.
AUDJPY
RBA
TradeWar
BOJ
Currencies

Australian Dollar edges higher as traders brace for US PMI release
The Australian Dollar (AUD) gains traction on Tuesday, bolstered by the upbeat Chinese economic data.
AUDUSD
SEO
Australia
Macroeconomics
RBA

ForexLive Asia-Pacific FX news wrap: Awaiting Trump reciprocal tariff announcement
Forex news for Asian trading on Tuesday, April 1, 2025
Session wrap
Wrap Asia

Japan PM Ishiba: Need to achieve wage gains that exceed pace of inflation
Japan Prime Minister (PM) Shigeru Ishiba said on Tuesday that “we need to achieve wage gains that exceed pace of inflation, which is imminent task and key growth strategy for Japan.”
Japan
USDJPY
Inflation

Japan Prime Minister Ishiba: need to achieve wage gains that exceed pace of inflation
Will deploy all available means to broaden wage hikes
JPY

Japanese Yen lacks firm intraday direction as traders await Trump's reciprocal tariffs
The Japanese Yen (JPY) edges higher against its American counterpart during the Asian session on Tuesday and for now, seems to have stalled the previous day's retracement slide from over a one-week high.
USDJPY
BOJ
Inflation
TradeWar
Currencies