News
Important Only
U.S.-Japan Talks Avoid Yen Exchange Rate, BOJ Likely to Cut Growth Forecasts Amid Uncertain Rate Hike Prospects
TradingKey - The United States and Japan have begun negotiations on tariff-related issues, with statements from President Donald Trump and the Japanese delegation causing fluctuations in the yen exchange rate. Although Bank of Japan (BOJ) Governor Kazuo Ueda has reiterated the possibility of a...
TradingKey
Thu, Apr 17
Hedge fund Man Group's assets dip by nearly $6 billion during Trump tariff turmoil
LONDON, April 17 (Reuters) - London-listed hedge fund Man Group EMG.L said on Thursday that its assets under management fell by about $5.6 billion in the two weeks to April 14, in trading dominated by the fallout from U.S. President Donald Trump's barrage of trade tariffs.Man Group said its asse...Reuters
Thu, Apr 17
European Central Bank set to cut interest rates again amid easing inflation and tariff uncertainty
The European Central Bank (ECB) will announce its April interest rate decision on Thursday at 12:15 GMT. Markets widely expect the central bank to lower key rates for the sixth consecutive time.
Fxstreet
Thu, Apr 17
Asian stocks rose after a successful round of trade talks between the U.S. and Japan
Asian shares rose and the yen slipped on Thursday after the United States and Japan completed an opening round of tariff talks. Japan’s Topix gained 1 percent, leading regional advances at 1:59 p.m. in Tokyo. Australia’s S&P/ASX 200 added 0.6 percent...
TSMC Q1 profit surges 60%, beats forecasts
TAIPEI, April 17 (Reuters) - TSMC 2330.TW, the world's largest contract chipmaker, posted a 60% jump in first-quarter net profit on Thursday, beating market forecasts as it benefited from surging demand for semiconductors used in artificial intelligence applications.
Reuters
Thu, Apr 17
Japan's Nikkei rebounds, yen weakens as trade talks begin in Washington
TOKYO, April 17 (Reuters) - Japan's Nikkei share average bounced back on Thursday from the previous session's declines, helped by a weaker yen as Tokyo kicked off closely watched trade negotiations in Washington.Reuters
Thu, Apr 17
U.S. Bonds Rally While Stocks Fall, What Did Powell Say? Has the Fed Put Option Dream Ended?
TradingKey - Federal Reserve Chair Jerome Powell’s recent remarks raised concerns about stagflation in the U.S. economy and explicitly rejected the notion of a "Fed put option." His hawkish tone contributed to a divergence in the performance of U.S. equities and bonds.
TradingKey
Thu, Apr 17
Stocks, dollar on back foot as trade war, Powell comments weigh
SINGAPORE, April 17 (Reuters) - Asian stocks wavered on Thursday after Federal Reserve Chair Jerome Powell warned of the risk of slowing growth and rising prices due to tariffs, while the uncertainty around U.S. trade policies kept the dollar rooted near three-year lows.Reuters
Thu, Apr 17
China says it will ignore US 'tariff numbers game'
BEIJING, April 17 (Reuters) - China will pay no attention if the United States continues to play the "tariff numbers game", China's foreign ministry said on Thursday, after the White House outline how China faces tariffs of up to 245% due to its retaliatory actions.Reuters
Thu, Apr 17
Litmus test for chip stocks as investors gird for TSMC earnings
SINGAPORE, April 17 (Reuters) - Investors are bracing for the results from Taiwan's TSMC 2330.TW on Thursday to show further evidence of the wide-ranging uncertainty in the chip industry spurred by U.S. President Donald Trump's trade policies.Reuters
Thu, Apr 17
BOJ's Ueda says US tariff uncertainty heightening sharply
TOKYO, April 17 (Reuters) - Bank of Japan Governor Kazuo Ueda said on Thursday uncertainty surrounding U.S. policy, particularly that on tariffs, has heightened sharply recently."Japan's real interest rates remain extremely low. As such, the BOJ is likely to continue raising interest rates i...Reuters
Thu, Apr 17
Oil heads for weekly rise as US adds sanctions on Iran, OPEC cuts
SINGAPORE, April 17 (Reuters) - Oil prices extended gains on Thursday on the prospect of tighter supply after Washington imposed further sanctions to curb Iranian oil trade and as some OPEC producers pledged further output cuts to compensate for pumping above agreed quotas.
Reuters
Thu, Apr 17
Global chipmakers feel the pinch of Trump's shifting trade policy
April 16 (Reuters) - Global chip stocks were battered on Wednesday on fresh evidence of how U.S. President Donald Trump's shifting trade policy was complicating the outlook for semiconductor and computing giants, including AI pioneer Nvidia NVDA.O and its rival AMD AMD.O.
Reuters
Thu, Apr 17
Powell says Fed remains in wait-and-see mode; markets processing policy shifts
CHICAGO, April 16 (Reuters) - U.S. Federal Reserve Chair Jerome Powell said on Wednesday the Fed would wait for more data on the economy's direction before changing interest rates, but cautioned that President Donald Trump's tariff policies risked pushing inflation and employment further from the ceReuters
Thu, Apr 17
Gold price soars to fresh record high as trade tensions sink US Dollar
Gold price extended its record streak for the third time in the week as the Greenback weakened due to tensions between China and the US related to trade policies. These tensions are increasing the appeal of safety assets like precious metals.Fxstreet
Thu, Apr 17
