News
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Goldman Sachs raises end-2025 gold price forecast to $3,700/oz
April 14 (Reuters) - Goldman Sachs raised its end-2025 gold price forecast to $3,700 per ounce from $3,300, with a projected range of $3,650-$3,950, citing stronger-than-expected demand from central banks and higher exchange-traded fund inflows due to recession risks. "If a recession occurs, ETF...
Reuters
Mon, Apr 14
China's March exports jump in temporary boost as Trump 2.0 heaps pressure
BEIJING, April 14 (Reuters) - China's exports rose sharply in March after factories rushed out shipments before the latest U.S. tariffs took effect, but an escalating Sino-U.S. trade war has darkened the outlook for factories and growth in the world's second-biggest economy.Reuters
Mon, Apr 14
Trump Exempts 3C Tariffs, Apple-Related Stocks Surge! Beware of Trump's Reversal Amid Apple’s Moment in the Spotlight
TradingKey - The U.S. government’s decision to exempt smartphones, computers, and other electronics from reciprocal tariffs may allow Apple (AAPL.US) to be the first major beneficiary of a reprieve from President Donald Trump's tariffs. Apple's after-hours stock price surged as much as 8%, while...
TradingKey
Mon, Apr 14
HKEX jumps most in 6 months on hope of return of overseas listings
Shares of Hong Kong Exchanges and Clearing (HKEX) 0388.HK jump 7.6% to HK$336, on course for the biggest one-day pct rise since October 2, 2024. Stock hits the highest since April 3, on track for fifth consecutive session of gai.n. Stock top pct gainer on Hang Seng Index.HSI and Hang Seng Finan...Reuters
Mon, Apr 14
TSMC first-quarter profit likely soared but Trump policies cloud outlook
TAIPEI, April 14 (Reuters) - TSMC 2330.TW, the main global producer of advanced chips used in artificial intelligence applications, is set to report a 54% leap in first-quarter profit on Thursday, though is also likely to flag risk from trade policies of U.S. President Donald Trump.
Reuters
Mon, Apr 14
WTI trades with negative bias just above mid-$60.00s amid mixed fundamental cues
West Texas Intermediate (WTI) US Crude Oil prices struggle to capitalize on Friday's modest gains and attract fresh sellers near the $61.60 area at the start of a new week. The commodity currently trades around the $60.70-$60.65 region, down over 0.50% for the day, though it lacks follow-through...
Fxstreet
Mon, Apr 14
China’s Trade Balance: Surplus balloons in March as Exports surge
China's Trade Balance for March, in Chinese Yuan (CNY) terms, arrived at CNY736.72 billion, showing a massive expansion from the previous figure of CNY122 billion.Exports jumped 13.5% YoY in March vs. 3.4% in February. The country’s imports fell 3.5% YoY in the same period vs. -7.3% booked previouslFxstreet
Mon, Apr 14
Tariffs on imported semiconductor chips coming soon, Trump says
Trump indicates new tariffs on smartphones, computers and some other electronicsTrade war has sparked most volatile markets in five yearsSenator Warren criticizes Trump's tariff policy as chaoticBy Jeff Mason, Doina Chiacu and Nathan Layne WASHINGTON, April 13 (Reuters) - U.S. President Donal...Reuters
Mon, Apr 14
Japanese Yen stands firm near multi-month peak against a broadly weaker USD
The Japanese Yen (JPY) attracts fresh buyers at the start of a new week and remains within striking distance of its highest level since late September 2024 touched against a broadly weaker US Dollar (USD) last Friday. Concerns about the rapidly escalating US-China trade war and its impact on the...
Fxstreet
Mon, Apr 14
Goldman Sachs expects oil prices to decline through 2026
April 14 (Reuters) - Goldman Sachs expects oil prices to decline through the end of this year and next year because of the rising risk of a recession and higher supply from the OPEC+ group.The bank expects Brent and WTI oil prices to edge down, averaging $63 and $59 a barrel, respectively...
Reuters
Mon, Apr 14
Japan's Nikkei trades higher as iPhone-related stocks jump
TOKYO, April 14 (Reuters) - Japan's Nikkei share average traded higher early on Monday as iPhone-related shares jumped after the U.S. administration granted exclusions from steep tariffs on smartphones and other electronics imported largely from China.Reuters
Mon, Apr 14
China's Xi urges greater cooperation with Vietnam as trade tensions with US flare
Xi begins regional tour of Vietnam, Malaysia, Cambodia Visits come amid trade turmoil unleashed by Trump tariffsXi urges stronger industrial, supply chain cooperationSays must maintain international environment for open cooperationBy Liz Lee BEIJING, April 14 (Reuters) - Chinese President Xi JinpReuters
Mon, Apr 14
US President Trump clarifies 20% tariffs on Chinese imports of semiconductors, electronics
Late Sunday, US President Donald Trump took to his own social media application, Truth Social, and clarified that there will be no tariff exemption on semiconductors and the electronics supply chain, as these products will be subject to the existing 20% tariffs on fentanyl and not the 145% hike.
Fxstreet
Mon, Apr 14
Bitcoin’s Last Drawdown To $74,000 A ‘Healthy Correction’ — Analyst Says Bull Cycle Is Still On
The price of Bitcoin has found its way back above the $85,000 mark, marking a huge success in the recovery from the coin’s latest slump toward $74,000. According to an on-chain analyst, this recent correction might not be as ominous as initially thought and could be part of a broader bull cycle.
NewsBTC
Mon, Apr 14
Japan braces for talks on yen, BOJ in trade negotiatons with US
TOKYO, April 11 (Reuters) - Japan is gearing up for trade negotiations with the United States that will likely touch on the thorny topic of currency policy, with some officials privately bracing for Washington to call on Tokyo to prop up the yen.Reuters
Mon, Apr 14
UK companies focused on cashflow and cost-cutting ahead of Trump tariffs, Deloitte says
LONDON, April 14 (Reuters) - Britain's biggest companies adopted their most defensive stance since early 2020 in the run-up U.S. President Donald Trump's April 2 tariff announcements and focused on boosting cashflow, cutting costs and reducing borrowing, a survey showed on Monday.Reuters
Mon, Apr 14
WRAPUP 15-China retaliates again in Trump's trade war, prompting flight from US assets
Beijing raises tariffs again, says it will oppose US 'bullying'Bond prices fall, dollar weakens, gold hits record highTrump predicts stability once countries cut trade deals with USStocks recover but inflation and recession fears persist By Jeff Mason, Nandita Bose, Joe Cash and Karin Strohe...Reuters
Sat, Apr 12
Brent, WTI prices climb more $1 on possible Iran crude restriction
China imposes 125% tariff on US goods, escalating trade warEIA lowers global economic growth and oil demand forecastsBy Erwin Seba April 11 (Reuters) - Brent and West Texas Intermediate crude climbed more than $1 on Friday after U.S. Energy Secretary Chris Wright said the United States could end ...Reuters
Fri, Apr 11
Wells Fargo beats profit estimates but CEO warns tariffs could slow economic growth
April 11 (Reuters) - Wells Fargo's WFC.N profit beat expectations in the first quarter as the bank cut costs and set aside less money to cover potential loan losses, but its CEO warned on Friday that U.S. tariffs risk slowing economic growth.
Reuters
Fri, Apr 11
