The dollar struggled on Tuesday to regain its footing as investor concerns over a sweeping tax and spending bill and its implications for the U.S. debt profile added to the recent erosion of confidence in American assets.
Oil prices recorded limited gains on Monday after U.S. President Donald Trump extended a deadline for trade talks with the European Union, easing concerns about U.S. tariffs on the bloc that could hurt the global economy.
Stock markets across Asia were steady on Monday, and the euro rallied after President Donald Trump abruptly extended by more than a month his threat to slap 50% tariffs on EU goods, marking another temporary reprieve in his erratic trade policy.
Thailand’s customs-cleared exports (THCEX=ECI) registered a 10.2% year-on-year increase in April, surpassing analysts’ predictions, according to the commerce ministry’s statement on Monday.
U.S. President Donald Trump on Sunday agreed to calls from the European Union that he extend his proposed 50% tariffs against the bloc by another month to early-July.
The Indonesian central bank’s policy to cut a secondary reserve requirement to 4% from 5% starting from June will provide banks with 78.45 trillion rupiah ($4.84 billion) of liquidity they can manage more flexibly, a senior official said on Monday.
