News
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Trump’s $6 Billion Trade Deal With The UK Pushes Bitcoin Past $100,000
Bitcoin (BTC), the market’s leading cryptocurrency, has surpassed the $100,000 mark for the first time since February, driven by a notable shift in President Donald Trump’s tariff policies, which sparked renewed optimism in the crypto market. Bitcoin Only 6% Off Its All-Time High Over the past month
NewsBTC
Fri, May 9
Japan's 10-year bond yield hits near one-month high amid trade talk optimism
TOKYO, May 9 (Reuters) - Japan's 10-year government bond yield hit near a one-month high as optimism on global trade talks lifted appetite for risk-friendly assets, and prompted investors to sell safe-haven bonds.
Reuters
Fri, May 9
Nvidia modifies H20 chip for China to overcome US export controls, sources say
BEIJING, May 9 (Reuters) - Nvidia NVDA.O plans to release a downgraded version of its H20 artificial intelligence chip for China in the next two months, following U.S. export restrictions on the original model, three sources familiar with the matter told Reuters.
Reuters
Fri, May 9
Japan's Nikkei hits more than one-month high on optimism around trade talks
TOKYO, May 9 (Reuters) - Japan's Nikkei share average hit a more than one-month high on Friday, as risk appetite was lifted by hopes of progress in U.S. trade talks and domestic firms' better-than-expected outlook.The Nikkei .N225 rose 1.49% to 37,478.58 by the midday break, its highest leve...Reuters
Fri, May 9
China's first four-month steel exports at record high despite tariff turmoil
BEIJING, May 9 (Reuters) - China's steel exports in April topped 10 million metric tons for a second straight month bringing the total in the first four months to a record high, underpinned by front-loaded shipments ahead of U.S. President Donald Trump's hefty tariffs.Reuters
Fri, May 9
US stock markets surge, Bitcoin surpasses $100K as Trump tells Americans to “buy stocks now”
US markets jumped on Thursday after President Donald Trump confirmed a new trade deal framework between the United States and the United Kingdom, calling it the beginning of what he said would be an economic boom. The announcement marked the first big agreement since the White House rolled out sweepCryptopolitan
Fri, May 9
Trump renews criticism of Fed's Powell for not cutting rates
WASHINGTON, May 8 (Reuters) - U.S. President Donald Trump renewed his criticism on Thursday of Federal Reserve Chairman Jerome Powell, complaining that the Fed is refusing to lower interest rates.Trump said cutting interest rates would be "like jet fuel" for the economy "but he doesn'...Reuters
Fri, May 9
Equities rise with dollar, bond yields on trade optimism after US-UK deal
NEW YORK/LONDON, May 8 (Reuters) - Global equities were slightly higher on Thursday, with Wall Street outperforming, while the dollar and Treasury yields also gained after the United States and United Kingdom outlined a trade deal, fueling hopes for compromises with other countries.Reuters
Fri, May 9
Oil prices rise 3% on support from US-China trade hopes
Crude prices supported by impending US-China talksBrent prices could drop to $50 if US-Iran deal occurs - CitiTrump heralds 'breakthrough' deal with UKBy Stephanie Kelly NEW YORK, May 8 (Reuters) - Oil prices rose around 3% on Thursday, buoyed by hopes of a breakthrough in looming trade t...Reuters
Thu, May 8
Pound, UK stocks take some heart from US/UK trade deal
UK big cap stocks slip after US-UK trade dealUS, UK agree on trade terms for autos, metals, pharma among others10% tariff on UK exports to the US remainsSterling lifted earlier by surprise BoE vote on rates By Amanda Cooper and Samuel Indyk LONDON, May 8 (Reuters) - The pound edged up on Thursday...Reuters
Thu, May 8
Burger King-parent Restaurant Brands' quarterly results miss on weak demand
Quarterly comparable sales at Tim Hortons, Burger King declineRising commodity prices increase Restaurant Brands' supply chain costsTim Hortons sales dip despite 'Buy Canadian movement' expectations, analyst saysBy Anuja Bharat Mistry May 8 (Reuters) - Restaurant Brands QSR.N QSR.TO m...Reuters
Thu, May 8
Euro zone bonds little changed after BoE, UK yields rise
May 8 (Reuters) - Euro zone government bond yields edged a touch higher on Thursday, roughly unchanged after the Bank of England after cut rates and suggested it needed to adjust policy gradually.UK gilt yields rose, with the policy-rate sensitive 2-year GB2YT=RR up 7 basis points (bps) at 3.88%...
Reuters
Thu, May 8
Gold falls as Trump signals potential trade deal with Britain
May 8 (Reuters) - Gold prices fell on Thursday, reversing earlier gains, as U.S. President Donald Trump hinted at a potential trade deal with Britain, easing trade tensions and reducing the precious metal's appeal as a safe-haven investment.Reuters
Thu, May 8
