Bloomberg Daybreak Asia: Modest Open for APAC Markets
Japanese stocks rose in the early Friday session as expectations for progress in trade negotiations between the US and the European Union supported automotive-related sectors. Most Asian markets are shut for the Good Friday holiday. Data released Friday showed Japan's consumer inflation advanced last month, supporting the central bank's stance on a gradual rate hike path before US tariff measures clouded the economic outlook. We speak with Mary Nicola, Bloomberg MLIV Strategist in Singapore. Stateside - a rebound in US stocks evaporated this week after Chair Jerome Powell pushed back on the idea of the Federal Reserve stepping in to bolster markets, rankling President Donald Trump who touted a smattering of deals Thursday. We cap off the trading week with insights from James Demmert, Founder and Chief Investment Officer at Main Street Research.
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Miami Herald
18 minutes ago
- Miami Herald
Nissan Drops Can't-Miss Leaf Lease Deal for June
The Nissan Leaf was one of the first of its kind, and while it hasn't quite kept up with its latest competitors in terms of tech, it does manage to undercut many of them in price. The 2025 Leaf is one of the few EVs available for under $30,000, making it one of the most affordable models around. With Nissan's latest June lease deal, you can get into a new Leaf for as little as $179 per month, depending on location. That specific lease deal spans a 36-month term and requires a $2,599 down payment. The 2025 Nissan Leaf doesn't exactly stand out from the crowd. In fact, with its simplistic styling, one could argue it was purposefully designed to blend in. The Japanese EV carries over with no major changes for the 2025 model year, and Nissan has already confirmed that the current Leaf will be leaving soon. Notably, however, the automaker plans to revive the nameplate in the future, but there's no set timeline on that just yet. The Nissan Leaf is available in two trim levels, with battery size being the primary difference between the two. The base S trim comes with a 40 kWh battery capable of powering the all-electric hatchback for up to 149 miles. While that might give some commuters range anxiety, those only traveling a handful of miles - or through tight city streets - might find the Leaf fits their needs to a T. The SV Plus features a 60 kWh battery that boosts range to 212 miles. While you won't get the latest tech and premium comfort amenities, the budget-friendly Leaf does feature a few highlights worth noting. An eight-inch touchscreen display comes standard, complete with Apple CarPlay and Android Auto compatibility. Both trim levels feature four USB ports, along with a seven-inch LCD instrument cluster. In terms of space, the Nissan Leaf boasts up to 23.6 cu ft. of cargo space with the rear seats in their upright position. If you want an EV geared toward comfort, the SV Plus comes with heated front seats and a heated steering wheel, among other niceties. As far as performance goes, the Nissan Leaf is a compact EV that's ideal for urban travel. Front-wheel drive comes standard, and there's no all-wheel drive upgrade available. The Leaf's electric powertrain is capable of producing a respectable 147 horsepower and 236 lb-ft of torque when paired with the 40 kWh battery. Upgrading to the 60 kWh battery increases performance to a sportier 214 horsepower and 250 lb-ft of torque. Nissan has never been one to play favorites, and, for the most part, that remains true regarding Leaf lease deals. Most of the United States sees the same lease offer on a new Leaf S with a 40 kWh battery: $289 per month with $2,239 due at signing. That deal is valid for most major hubs, including Seattle, Detroit, Miami, and Los Angeles, as well as Honolulu and Anchorage. Residents of New York City can get that same Leaf model for $269 per month, with a $2,249 down payment. Denver residents seem to get the best lease deal, though, with a $179 monthly payment and $2,599 due at signing. All lease offers run through June 30th, are based on a 36-month term, and include a 10,000-mile allowance. No one is arguing that the Nissan Leaf is the best of the best, but if you want a brand-new EV at an affordable price, there's no beating it. With a starting price of $28,140, the 2025 Leaf undercuts most, if not all, other EVs on the market. Add in Nissan's rather enticing June lease deal, especially for those living in the Denver area, and a new Leaf just looks better and better. Don't forget that time is a factor here, so if you want to get into a new Leaf, act before the end of June! Lease offers may vary based on region, market conditions, vehicle configuration, and are subject to credit approval. Advertised monthly payments may not include taxes, title, registration, or other fees. To learn more about this 2025 Nissan Leaf lease offer, visit the official Nissan website and enter your zip code. Disclaimer: This article is provided for informational purposes only. The information presented herein is based on manufacturer-provided lease offer information, which is subject to frequent change and may vary based on location, creditworthiness, and other factors. We are not a party to any lease agreements and assume no liability for the terms, conditions, availability, or accuracy of any lease offers mentioned. All terms, including but not limited to pricing, mileage allowances, and residual values, require direct verification with an authorized local OEM dealership. This article does not constitute financial advice or an endorsement of any particular lease or vehicle. Copyright 2025 The Arena Group, Inc. All Rights Reserved.
Yahoo
43 minutes ago
- Yahoo
Dollar slides on easing trade tensions, Fed expectations
By Rae Wee SINGAPORE (Reuters) -The dollar slid on Thursday on further signs that U.S. President Donald Trump may adopt a softer stance in tariff negotiations and heightened expectations of Federal Reserve rate cuts. Trump said on Wednesday he would be willing to extend a July 8 deadline for completing trade talks with countries before higher U.S. tariffs are imposed. U.S. Treasury Secretary Scott Bessent suggested earlier that the Trump administration may offer extensions from a July trade deal deadline for countries negotiating in good faith. The remarks renewed dollar weakness, lifting the euro to a seven-week high. It last bought $1.1525. The greenback lost 0.43% against the yen and 0.34% against the Swiss franc to last trade at 143.98 and 0.81725, respectively. Against a basket of currencies, the dollar fell to its weakest since April 22 at 98.327. "It's hard to tell whether there is a masterplan behind this, but common sense would suggest that President Trump is trying to create a level of urgency in terms of trade negotiations," said Rodrigo Catril, senior currency strategist at National Australia Bank. "I think the market, in terms of the size of the moves, is becoming a little bit more sanguine about what this all means... the market is also very wary that the picture could change quite dramatically in a week's time or two weeks' time." Elsewhere, sterling was up 0.38% to $1.3588. The Australian dollar ticked up 0.05% to $0.6506, while the New Zealand dollar rose 0.1% to $0.6033. On Wednesday, data showed U.S. consumer prices rose less than expected in May, leading traders to ramp up bets of a Fed cut as early as September and keeping pressure on the dollar. Thursday's producer price index data will be the next test for markets. The offshore yuan was last a touch stronger at 7.1953 per dollar, helped slightly by news that a fragile truce in the U.S.-China trade war was restored as both sides reached a deal following talks in London this week. "Full details have not been published, and it remains unclear if the talks brought the two largest economies closer to productive cooperation," said Mantas Vanagas, senior economist at Westpac. EURO STRENGTH The euro was clinging to strong gains on Thursday, having jumped against most other currencies in the previous session. Against the yen, the common currency last stood at 165.88 having risen to its firmest since October at 166.42 on Thursday. It was up 0.13% against the Aussie, extending a 0.9% gain from Thursday, and had also touched a one-month high of 84.88 pence overnight. While there was no immediate trigger behind the moves, analysts say the euro has over the past week drawn support from hawkish European Central Bank (ECB) rhetoric. Last week, the ECB cut interest rates as expected but hinted at a pause in its year-long easing cycle after inflation finally returned to its 2% target. "Expectations of fewer previously expected ECB rate cuts have lent some support to the euro," said Carol Kong, a currency strategist at Commonwealth Bank of Australia. That contrasts with the likely resumption of a Fed easing cycle later this year, and as Trump has repeatedly called for U.S. rates to be lowered. Trump said last week that a decision on the next Fed chief will be coming soon, adding that a good Fed chair would lower interest rates. The euro has risen nearly 11% for the year thus far, helped in part by a weaker dollar and as investors pour money into European markets in a move away from the U.S. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Wall Street Journal
an hour ago
- Wall Street Journal
Heard on the Street Recap: A Bond Reprieve
What Happened in Markets Today Bond investors finally caught a break. Government bonds staged a big rally after the latest monthly report on consumer prices, dragging the yield on 10-year Treasury notes down 0.059 percentage point to 4.413%. That was after fresh data showed that so-called core inflation, a measure that excludes volatile food and energy prices, came in at 2.8% from a year earlier in May, slightly slower than expected. President Trump responded by repeating calls for the Federal Reserve to slash interest rates. Vice President JD Vance joined in, accusing the Fed of committing "monetary malpractice" by not reducing borrowing costs. But the inflation report won't change much for the Federal Reserve. It will take several months of price data to convince officials that tariff-related risks to inflation won't send up prices in a concerning fashion. The Fed is on track to hold interest rates steady at its meeting next week.
