Chinese renminbi hits 18-year low as it becomes trade war flashpointNews Feed
PBoC has allowed weakening in ‘fixing’ rate for the onshore currency for six consecutive sessions
Oil price plunge puts US shale production in perilNews Feed
Trade war and Opec output surge create toughest challenge since the Covid-19 pandemic, executives say
Trump’s legal attacks threaten the very basis of sound investmentNews Feed
American businesses need to stand up to the president’s assault on the rule of law
Bank of England drops sale of long-dated bonds amid market turmoilNews Feed
Sell-off in 10- and 30-year gilts prompts central bank’s decision to sell only shorter maturity bonds in April 14 auction
Barclays joins other lenders to cut mortgage rate below 4%News Feed
Brokers warn some lenders might be slow to pass on lower prices due to uncertainty around trade policy
EU pauses tariff retaliation against US for 90 daysNews Feed
Brussels suspends measures to hit €21bn of US imports to allow for negotiations with Trump administration
US and Russia exchange two more prisonersNews Feed
Swap in Abu Dhabi latest ‘confidence-building measure’ between Trump administration and Moscow
US inflation falls more than expected to 2.4% in MarchNews Feed
Drop comes as Fed grapples with how to respond to Trump’s tariff U-turns
If Trump is trying to suppress China, he’s going about it all wrongNews Feed
The shock of tariffs is pulling Beijing back to economic fundamentals
A wild 24 hours in US trade policyNews Feed
Also in today’s newsletter, the bro-sphere was bewildered by Trump’s tariff blitz