Money Report

The dollar hit its lowest level since March 2022, continuing an April slide.

President Donald Trump said last Thursday that Federal Reserve Chair Jerome Powell’s “termination cannot come fast enough.”

Here are the most important news items that investors need to start their trading day.

The yield on the 10-year U.S. Treasury note rose after the Easter weekend as investors weighed President Donald Trump’s criticism of the Federal Reserve.

Tributes and condolences poured in from around the world following news of the death of Pope Francis, who died on Monday at the age of 88.

“Dearest brothers and sisters, with deep sorrow I must announce the death of our Holy Father Francis,” Cardinal Kevin Farrell said Monday in a video address.

An administration that aims to please the populace might cut rates despite high inflation, leading to more economic difficulties.

U.S. export controls on Nvidia’s AI chip sales to China will boost its rising domestic AI chipmakers such as Huawei, semiconductor analysts say. 

In a shift toward a harder stance this month, China retaliated against U.S. tariffs with levies of 125% on imports of American goods.

The decision comes amid encouraging first quarter growth figures, with GDP recording a 5.4% rise year-on-year.

An administration that aims to please the populace might cut rates despite high inflation, leading to further economic difficulties.

The People’s Bank of China’s kept its key loan prime rates unchanged at 3.10% for 1-year loan maturities and 3.60% for 5-year loan maturities.

The moves come after each of the three major averages saw a third weekly decline in the last four trading weeks.