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27 Mar 2025

UK’s Reeves: UK is in intensive tariff talks with the Trump administration

British Finance Minister Rachel Reeves said on Thursday that “the UK is in intensive tariff talks with the Trump administration.”

Additional quotes

"I believe in free and open trade."

"I want UK-US trade flows to continue to be strong."

"Trade frictions will make it harder to grow the economy."

"We don't want to see additional tariffs."

"I would like to see tariffs between countries fall."

Market reaction

GBP/USD was last seen trading at 1.2915, up 0.21% on the day.

Mar 27, 2025

NZD/USD rises to near 0.5750 as China’s Ding pledges support for private sector growth

NZD/USD is trading around 0.5740 during European hours on Thursday, recovering from losses in the previous session.
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Mar 27, 2025

South Africa Producer Price Index (YoY): 1% (February) vs previous 1.1%

South Africa Producer Price Index (YoY): 1% (February) vs previous 1.1%
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