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10 Apr 2025

EC President von der Leyen: EU remains committed to constructive talks with US on tariffs

European Commission President Ursula von der Leyen said on Thursday, noting that “the European Union (EU) remains committed to constructive talks with US on tariffs.”

Additional quotes

Trump's latest decision marks important step to stabilising global economy.

Clear, predictable conditions are essential for trade to function.

EU sticking to its goal of achieving frictionless and mutually beneificial trade.

Have consistently advocated for a zero-for-zero tariffs agreement with the US.

Market reaction

The Euro (EUR) fails to react to these headlines, as EUR/USD adds 0.26% on the day to trade near 1.0975 as of writing.

Apr 10, 2025

USD/CHF softens below 0.8550 as traders brace for US CPI release

The USD/CHF pair loses ground to near 0.8530 during the early European session on Thursday. The US Dollar (USD) weakens against the Swiss Franc (CHF) amid the escalating trade tension between the US and China, the world’s two largest economies. 
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Apr 10, 2025

Austria Industrial Production (YoY) up to 1.8% in January from previous 0.5%

Austria Industrial Production (YoY) up to 1.8% in January from previous 0.5%
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