News
Important Only
JP Morgan see gold prices crossing $4,000/oz by Q2 2026
April 22 (Reuters) - JP Morgan sees gold prices crossing the $4,000 per ounce milestone next year, following increased recession probabilities amid boosted U.S. tariffs and an ongoing U.S.-China trade war, the bank said in a note on Tuesday.
Reuters
Wed, Apr 23
TREASURIES-Long-term US yields decline on mixed safe-haven demand
NEW YORK, April 22 (Reuters) - U.S. Treasury long-term yields declined on Tuesday, reversing some of Monday's bond selloff, as fears that President Donald Trump's trade policies could trigger a U.S. economic slowdown provided some demand for U.S. government bonds.Reuters
Wed, Apr 23
PRECIOUS-Gold eases as Trump backs off from threats to fire Fed Chair
April 23 (Reuters) - Gold prices declined on Wednesday after U.S. President Donald Trump backed off threats to fire the Federal Reserve chair and U.S. Treasury Secretary Scott Bessent hinted at easing trade tensions, denting the metal's safe-haven appeal.FUNDAMENTALS* Spot gold XAU= fell 1.2% to...Reuters
Wed, Apr 23
Musk, facing criticism and falling Tesla sales, to cut back DOGE work
Musk to reduce time on government work, increase time on Tesla Tesla faces uncertainty from tariffs and shifting global trade policiesTesla's auto revenue drops 20%, net profit falls 71% in Q1 Production ramp of affordable cars to be slower than expected - execBy Akash Sriram, Abhirup Roy, Ch...Reuters
Wed, Apr 23
PRECIOUS-Gold takes a breather after hitting $3,500 on higher stocks, stronger dollar
April 22 (Reuters) - Gold fell more than 1% on Tuesday after briefly touching a record high of $3,500 earlier in the session, as comments by U.S. Treasury Secretary Scott Bessent hinting at a thaw in U.S.-China trade tensions fueled optimism in equities and strengthened the dollar.Reuters
Wed, Apr 23
Trump says he has no plans to fire Fed's Powell; market jumps
Trump's criticism of Fed rate policy remains pointedMarket reacts positively to Trump's de-escalationTrump says China tariffs will fall substantially after a dealBy Nandita Bose WASHINGTON, April 22 (Reuters) - President Donald Trump on Tuesday backed off from threats to fire Federal Rese...Reuters
Wed, Apr 23
METALS-Copper gains defy gloomy outlook
By Pratima Desai LONDON, April 22 (Reuters) - Copper prices hit their highest in more than two weeks on Tuesday as a weaker dollar triggered fund buying, but traders doubted upward momentum would be maintained given that U.S. import tariffs dominate sentiment.Levies imposed by President Donald Tr...Reuters
Tue, Apr 22
PRECIOUS-Gold touches $3,500/oz amid Trump's attacks on Powell
April 22 (Reuters) - Gold prices briefly broke above $3,500 per ounce to an all-time high on Tuesday, after U.S. President Donald Trump criticised Federal Reserve Chair Jerome Powell, rattling investors and increasing demand for the safe-haven asset.Reuters
Tue, Apr 22
Crypto stocks rise as bitcoin rallies to seven-week high
** Shares of cryptocurrency and blockchain-related firms rise premarket as bitcoin hits highest levels since early Mar** Bitcoin BTC=, world's biggest cryptocurrency, up 1.6% to $88,685, while Ether ETH= advances 3.6% to $1,635** BTC rose nearly 3% on Mon even after U.S. President Donald Trump&#...
Reuters
Tue, Apr 22
Japan Selling U.S. Bonds to Defend the Yen? Japanese Yen Surges to 140 as Japan Defies U.S. Pressure
TradingKey - As the weakening of the dollar intensifies, the yen has strengthened, breaking through the 140 level. Meanwhile, one of the key players behind the "U.S. Treasury storm" that occurred after President Trump’s reciprocal tariff policy took effect in early April has been confirmed to be...
TradingKey
Tue, Apr 22
Ishiba Takes a Hard Line as Japanese Auto and Tourism Industries Already Feel the Pain of Trump's Tariffs
TradingKey - As the impact of Trump’s tariffs on the real economy begins to surface, and more countries voice opposition to Trump’s tariff policies, Japan appears to be adopting a tougher stance in its trade negotiations with the U.S.TradingKey
Tue, Apr 22
Trump Meets with U.S. Retail Giants, Walmart and Target Might Feel the Pain Differently
TradingKey - On Monday, April 21, U.S. President Donald Trump met with the CEOs of three major American retailers at the White House: Doug McMillon of Walmart, Brian Cornell of Target, and Ted Decker of Home Depot. Overall, high tariffs will increase import costs, erode corporate profits, and...
TradingKey
Tue, Apr 22
Euro zone yields steady as traders shrug off Trump, reflect on economy
April 22 (Reuters) - Euro zone government bond yields steadied on Tuesday as traders returning from the long weekend reassessed their outlook for the economy after the European Central Bank's rate decision on Thursday and comments that U.S. tariffs would knock growth.Reuters
Tue, Apr 22
In Dubai's Gold Souk, bullion's record run brings little joy for jewellers
DUBAI, April 22 (Reuters) - In the bustling Gold Souk in Dubai, dubbed the "City of Gold", 22-karat gold jewellery is a traditional favourite for weddings, religious celebrations, and as a family investment.Yet with bullion prices hitting record highs above $3,400 an ounce, there are signs of...Reuters
Tue, Apr 22
