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Copper Climbs to Three-week High as Us-iran Ceasefire Eases Global Slowdown Fears
April 8 (Reuters) - Copper prices rose to three-week highs on Wednesday after U.S. President Donald Trump agreed to a two-week ceasefire with Iran, sending oil prices sharply lower and easing fears of a global economic slowdown.Benchmark three-month copper CMCU3 on the London Metal Exchange rose 2.6
Wed, Apr 8
Oil slides below $100, stocks soar as Trump agrees to two-week ceasefire
Oil prices dived, stocks surged and the dollar was knocked back on Wednesday as a two-week Middle East ceasefire sparked a relief rally, fuelled by hopes that oil and gas flows through the Strait of Hormuz could resume.
Wed, Apr 8
Dollar Drops as Trump Ceasefire Prompts Risk-on Turn for Markets
By Gregor Stuart Hunter SINGAPORE, April 8 (Reuters) - The dollar sank to its lowest level in a month while the euro, yen, Aussie and kiwi rallied hard in Asian trading on Wednesday after U.S. President Donald Trump said he had agreed to a two-week ceasefire with Iran. The yen JPY= strengthened 0
Wed, Apr 8
Japan's Stocks, Bonds, and Yen Rally on Mideast Ceasefire Declaration
TOKYO, April 8 (Reuters) - Japan's blue-chip share average soared 5% to a one-month high while the nation's bonds and currency rallied on Wednesday as the U.S.-Iran ceasefire agreement drove crude oil prices sharply lower and eased concerns of an economic slowdown.
Wed, Apr 8
Benchmark Jgb Yields Fall as Signs of Iran Ceasefire Ease Inflation Fears
TOKYO, April 8 (Reuters) - Benchmark Japanese government bonds (JGBs) rallied on Wednesday as early signs of a pause in hostilities in the Middle East eased worries about rising energy costs and inflation.The 10-year JGB yield JP10YTN=JBTC fell 5 basis points (bps) to 2.355%. Yield...
Wed, Apr 8
Oil Dives, Stocks Surge as Trump Agrees to Two-week Ceasefire
SINGAPORE, April 8 (Reuters) - Oil prices dived, bonds rallied and stocks surged on Wednesday after a two-week ceasefire in the Middle East spurred a relief rally as investors cheered the possible resumption of oil and gas flowing through the Strait of Hormuz.U.S. President Donald Trump said he agre
Wed, Apr 8
Gold Extends Gains as Trump Pauses Iran Attacks for Two Weeks
Ceasefire comes hours before Trump's deadlineIran says talks with U.S. to begin Friday in IslamabadBy Anmol Choubey April 8 (Reuters) - Gold extended gains on Wednesday as markets reassessed near-term risks after U.S. President Donald Trump said he had agreed to suspend bombing and attacks on...
Wed, Apr 8
Samsung flags eightfold jump in quarterly profit as AI chip demand pumps prices
Samsung estimates 57.2 trillion won in Q1 operating profit vs 6.7 trillion won year earlierExpected profit beats 40.6 trillion won analysts' estimateChipmakers struggle to keep up with demand from AI data centresMiddle East conflict sparks concerns about demand slowdownBy Hyunjoo Jin and Heekyon...
Tue, Apr 7
Trump Seizes on Rescue of Downed Airman to Recast Unpopular Iran War
WASHINGTON, April 6 (Reuters) - President Donald Trump was on the verge of a crisis in the Iran war, faced with the rare instance of an American airman shot down and stranded deep inside enemy territory.
Tue, Apr 7
Us Crude Premiums Climb to Record Levels as Asia, Europe Compete for Supply
WTI premiums for Asia jump to $30-$40/bbl for July deliveryRecord premiums lead to wider losses for Asia, Europe refinersBy Florence Tan and Siyi Liu SINGAPORE, April 6 (Reuters) - Spot premiums for U.S. West Texas Intermediate crude have jumped to all-time highs as competition between Asian and
Tue, Apr 7
A Year After 'liberation Day,' Trump Sets New Drug Tariffs, Adjusts Metals Duties
Trump to impose 100% tariffs on branded drugs without US production or price cutTrims tariffs on products made with steel, aluminum and copperNew moves follow collapse of Trump's broader tariffs announced a year ago By David Lawder and Ahmed Aboulenein WASHINGTON, April 2 (Reuters) - U.S. Pr...
Fri, Apr 3
Us Crude Jumps More Than 11%, Brent Nearly 8% After Trump Vows More Attacks on Iran
HOUSTON, April 2 (Reuters) - U.S. oil prices settled more than 11% higher and Brent soared nearly 8% on Thursday in volatile trading, as traders worried about prolonged disruptions to oil supply the day after President Donald Trump said the United States would continue attacks on Iran.
Fri, Apr 3
World Anxious to Open Hormuz Strait While Trump and Iran Trade Threats
Trump vows to hit Iran back to the 'Stone Ages'Oil benchmark jumps after Trump speech, stocks slideIran says it is discussing with Oman a protocol for HormuzShips would need licences and permits, Iran deputy minister says Iran warns of 'broader and more destructive' attacksBy Steve H...
Fri, Apr 3
WRAPUP 14-Trump says Iran war's core objectives near completion
Trump says to hit Iran hard for next 2-3 weeksTrump says US nearing completing of core objectives in IranSenior Iranian source says no talks via mediators on temporary ceasefireBy Steve Holland, Alexander Cornwell and Yomna Ehab WASHINGTON/TEL AVIV/CAIRO, April 1 (Reuters) - The United States wil...
Thu, Apr 2
Trump Says Hard Part of Iran War Is Over
WASHINGTON, April 1 (Reuters) - U.S. President Donald Trump said on Wednesday that Iran had been decimated and that the hard part of the war is done.He added that the United States does not need the Strait of Hormuz.
Thu, Apr 2
Trump Threatens to Hit Iran 'extremely Hard' Over Next Two to Three Weeks
WASHINGTON, April 1 (Reuters) - U.S. President Donald Trump said on Wednesday Washington will strike Iran "extremely hard" over the next two to three weeks and hit the country into the "Stone Ages.""We are going to hit them extremely hard over the next two to three weeks. We are ...
Thu, Apr 2
REFILE-EXCLUSIVE-SpaceX lines up 21 banks for mega IPO, code-named project Apex
By Echo Wang March 31 - SpaceX is working with at least 21 banks on its blockbuster initial public offering, people familiar with the matter said on Tuesday, one of the largest underwriting syndicates assembled in recent years.The listing, internally codenamed Project Apex, is expected to be amon...
Wed, Apr 1
Australian Shares Surge on Hopes of De-escalation of Mideast Conflict
April 1 (Reuters) - Australian shares jumped on Wednesday, with miners and financials gaining the most, as reports of potential de-escalation in the month-long Middle East conflict improved investor sentiment and eased concerns about inflation.The S&P/ASX 200 index .AXJO was up 1.6% at 8,618.80 ...
Wed, Apr 1
Trump to give an address to nation on Iran on Wednesday, White House says
LOS ANGELES, March 31 (Reuters) - U.S. President Donald Trump will provide an update on Iran in an address to the nation at 9 pm on Wednesday (0100 GMT on Thursday), White House spokeswoman Karoline Leavitt said on X.
Wed, Apr 1
WTI, June Brent crude futures settle down on reports that Iran may be ready to end war
Brent May contract up 64% for month of March, WTI up 52%Unconfirmed reports of Iran president looking to end war send prices lower Oil prices volatile on Iran war, Hormuz threats and mixed diplomatic signalsOPEC output drops, US and Iran issue threats, supply risks persist despite de-escalation hope...
Tue, Mar 31
