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China, Hong Kong stocks rebound with regional markets, Beijing support
HONG KONG, April 8 (Reuters) - China and Hong Kong stocks regained some ground on Tuesday, steadying in the wake of stronger regional markets and government-led support after a brutal selloff triggered by concerns over trade tariffs.Reuters
Tue, Apr 8
Dollar falls as prospect of tariff talks calms global markets
LONDON/SINGAPORE, April 8 (Reuters) - The U.S. dollar fell on Tuesday while the euro rallied as stocks rebounded in Asia and Europe on hopes that U.S. President Donald Trump will enter negotiations over his sweeping tariffs that have roiled markets for three days.
Euro zone bond yields ease as markets play it safe amid tariff woes
April 8 (Reuters) - Euro zone government bond yields eased on Tuesday after wild swings in the previous session as traders sought safe havens as they weighed uncertain trade policy and hoped that negotiations with the United States could help avert an escalating dispute.Reuters
Tue, Apr 8
China sticks to its guns as fresh US tariff threat pushes tensions to the brink
China vows 'fight to the end' if US hikes tariffs furtherTrump threatens China with additional 50% duty Tariffs make for battle of wills, not economics, analyst says By Joe Cash and Nicoco Chan BEIJING/SHANGHAI, April 8 (Reuters) - China vowed on Tuesday to "fight to the end" agai...Reuters
Tue, Apr 8
90-Day Tariff Pause Sparks False Hope for 15 Minutes: Can It Reveal a Glimmer of Hope for U.S. Stocks?
TradingKey - On April 7, 2025, global markets suffered a "Black Monday," but U.S. equities briefly rallied amid a false report suggesting a "90-day tariff pause." The Nasdaq Composite and semiconductor indices, which had been battered earlier in the day, ultimately closed in positive territory.TradingKey
Tue, Apr 8
GLOBAL MARKETS-Rebound in Japan provides some respite for battered markets
TOKYO, April 8 (Reuters) - Asian stocks bounced off more than one-year lows and U.S. stock futures pointed up on Tuesday, but many investors remained on edge even as they hoped Washington might be willing to negotiate some of the aggressive tariffs that have unleashed turmoil in markets.Reuters
Tue, Apr 8
Bitcoin Whipsaws On Fake Tariff Bombshell News
Speculation over a purported White House plan to pause tariffs for ninety days on all countries except China sent markets into a frenzy earlier today, triggering abrupt price reversals across equities, Bitcoin and cryptocurrencies. In a quick-fire series of conflicting updates, the rumor initially fNewsBTC
Tue, Apr 8
China advises Shein against shifting supply chain, Bloomberg News reports
April 8 (Reuters) - Fast-fashion retailer Shein is facing opposition from the Chinese government over its plans to shift some production out of the country, Bloomberg News reported on Tuesday, citing people familiar with the matter.China's Ministry of Commerce has reached out to Shein and other ...Reuters
Tue, Apr 8
Gold price moves away from multi-week low set on Monday; climbs to $3,000 mark
Gold price (XAU/USD) regains some positive traction during the Asian session on Tuesday and for now, seems to have snapped a three-day losing streak from a nearly four-week low, around the $2,957-2,956 area touched the previous day. US President Donald Trump's sweeping reciprocal tariffs...Fxstreet
Tue, Apr 8
U.S.-Japan Tariff Talks May Get "Priority" Treatment, Nikkei Surges 6%! A Familiar Opportunity to Buy the Dip in Japanese Stocks
TradingKey - Following the "Black Monday" on April 7, when U.S. reciprocal tariffs rattled global markets and sent Japan's stock market plunging nearly 8%, positive developments in U.S.-Japan tariff negotiations have sparked a strong rebound in Japanese equities. The sharp reversal has reminded...TradingKey
Tue, Apr 8
Hong Kong leader says city will sign more free trade pacts amid 'ruthless' US tariffs
HONG KONG, April 8 (Reuters) - Hong Kong leader John Lee said on Tuesday the city would sign more free trade pacts to diversify its risk amid a global trade war triggered by what he called "ruthless" U.S. tariffs that he said were disrupting the world economic and trade order.
Reuters
Tue, Apr 8
China's yuan hits 2023 lows on signs PBOC is tolerant of some weakness
SHANGHAI, April 8 (Reuters) - China's yuan fell to its weakest level since 2023 on Tuesday after the central bank slightly loosened its grip on the currency in what analysts said was an attempt to counteract the blow to exports from an intensifying global trade war.
Reuters
Tue, Apr 8
Brent futures, options volumes surpass pandemic record as oil market reels
HOUSTON, April 7 (Reuters) - Brent crude futures and options contracts traded on the Intercontinental Exchange (ICE) hit record volumes on Friday, surpassing levels seen during the COVID-19 pandemic as investors braced for a global trade war and OPEC+ oil output hikes.
Reuters
Tue, Apr 8
Japan's Nikkei jumps 6%, rebounds from 1-1/2-year low on US tech boost
TOKYO, April 8 (Reuters) - Japan's Nikkei share average rose 6% on Tuesday in a widespread rally, rebounding from a 1-1/2-year low hit in the previous session, as local traders assessed strong performances of U.S. technology stocks.Reuters
Tue, Apr 8
Samsung sees Q1 profit beating estimates as looming tariffs spur chip, phone sales
Samsung sees Q1 profit at 6.6 trillion won vs 5.1 trillion LSEG SmartEstimateLooming US tariffs drive chip sales, smartphone shipments, analysts saySecond quarter phone shipments likely to fall, analysts saySamsung shares rise 2.6%By Heekyong Yang, Joyce Lee and Hyunjoo Jin SEOUL, April 8 (ReuterReuters
Tue, Apr 8
US STOCKS-Dow, S&P 500 end wild session lower, Trump digs in on tariffs
April 7 (Reuters) - The S&P 500 and the Dow closed lower on Monday after a roller coaster session, with investors worried about an economic slowdown and rising inflation as U.S. President Donald Trump dug in his heels on tariffs, warning he could further increase levies on China.Reuters
Tue, Apr 8
US Chamber of Commerce considering a lawsuit to block new Trump global tariffs
The US Chamber of Commerce is considering bringing the tariff battle to court, and some of its largest members are urging it to do so. The action could effectively provide cover for corporations who are concerned about the tariffs' impact on their business but fearful of incurring US President...Fxstreet
Tue, Apr 8
