News
Important Only
US Cash Crude-Grades mixed as key pipeline remained offline
April 14 (Reuters) - Grades were mixed on Monday, dealers said, as a key pipeline that moves crude from Alberta to U.S. refineries in Illinois, Oklahoma and along the U.S. Gulf Coast remained offline. Pipeline operator South Bow SOBO.TO said it is keeping an eye on inclement weather before...
Reuters
Tue, Apr 15
South Korea unveils $23 billion support package for chips amid US tariff uncertainty
SEOUL, April 15 (Reuters) - South Korea announced on Tuesday an increase in its support package for the country's vital semiconductor industry to 33 trillion won ($23.25 billion), up about a quarter from a 26 trillion won package unveiled last year.Reuters
Tue, Apr 15
S&P 500's 'death cross' may not be as ominous as it sounds, analysts say
NEW YORK, April 14 (Reuters) - A tariff-induced selloff in the U.S. stock market faces another worry, the "death cross" pattern, but history shows the ominous sounding technical signal may not necessarily mean equities face more significant downside.Reuters
Tue, Apr 15
GLOBAL MARKETS-US stocks, Treasuries rebound but dollar dips amid tariff uncertainty
BOSTON/LONDON, April 14 (Reuters) - U.S. shares gained on Monday, while the dollar dipped, after the White House exempted smartphones and computers from U.S. tariffs but President Donald Trump said semiconductor levies were likely.
GRAINS-US wheat futures sag on rain forecast; corn down, soy ends mixed
CHICAGO, April 14 (Reuters) - U.S. wheat futures fell on Monday, pressured by forecasts for improving weather in dry areas of the Plains production belt and spillover weakness as European wheat futures hit one-year lows, brokers said.Reuters
Tue, Apr 15
Tech, auto shares gain as Trump floats more tariff exemptions amid confusion
Tech stocks including Apple, Dell and ASML riseU.S. to announce tariffs on imported chips this weekCommerce secretary warns of new duties on exempted itemsTrump's shifting tariff policy undermines business, consumer confidenceBy Akash Sriram, Nathan Vifflin April 14 (Reuters) - Big Tech and a...Reuters
Tue, Apr 15
Oil rises marginally on tariff exemption, Chinese crude imports
China's crude oil imports rebounded in March, data showsOPEC downgrades its 2025 global oil demand growth forecastGoldman Sachs sees Brent averaging $63 for rest of 2025By Arathy Somasekhar HOUSTON, April 14 (Reuters) - Oil prices settled slightly higher on Monday on exemptions for some elect...Reuters
Mon, Apr 14
Intel to sell majority stake in Altera for $4.46 billion to fund revival effort
By Arsheeya Bajwa April 14 (Reuters) - Intel INTC.O has agreed to sell a 51% stake in its Altera programmable chip business to buyout firm Silver Lake for $4.46 billion, in the first major move by new CEO Lip-Bu Tan to revive the struggling American chipmaker.Monday's deal values Altera at ju...Reuters
Mon, Apr 14
Goldman Sachs profit beats estimates as traders ride volatile markets
Record revenue from bank's equities trading unitGoldman's investment banking fees dipCEO flags 'markedly different environment'By Saeed Azhar and Niket Nishant NEW YORK, April 14 (Reuters) - Goldman Sachs GS.N beat first-quarter profit estimates as its traders capitalized on vola...Reuters
Mon, Apr 14
METALS-Copper gains on tariff exemptions and China stimulus hopes
Copper up about 13.5% from last week's multi-month lowResistance at 100-day moving average seen at $9,279By Polina Devitt LONDON, April 14 (Reuters) - Copper prices rose to their highest in more than a week on Monday, boosted by some exemptions from U.S. tariffs, expectations that top metals ...Reuters
Mon, Apr 14
CANADA STOCKS-TSX opens higher after US excludes key tech imports from China tariffs
April 14 (Reuters) - Canada's main stock index opened higher on Monday, led by information technology stocks, as investors react to the White House's exclusion of smartphones and computers from reciprocal tariffs against China.At 9:31 a.m. ET (1331 GMT), the Toronto Stock Exchange's S&am...Reuters
Mon, Apr 14
Street View: Wells Fargo's profitability not likely to be smooth
** 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 U.S. tariffs risk slowing economic growth** Average recommendation of 23 brokerages is "buy", median PT is $77 ...
Reuters
Mon, Apr 14
US STOCKS SNAPSHOT-Nasdaq leads Wall Street higher at open after tariff break for electronics
April 14 (Reuters) - Wall Street's main indexes leapt at the open on Monday, with the tech-heavy Nasdaq up over 2%, as investors welcomed the White House's move to exempt smartphones and computers from U.S. tariffs. The Dow Jones Industrial Average .DJI rose 333.4 points, or 0.83%, at the op...Reuters
Mon, Apr 14
FOREX-Bruised dollar languishes near three-year lows on tariff anxiety
SINGAPORE, April 14 (Reuters) - The dollar drifted lower on Monday, while the Japanese yen and the euro progressed higher as investor confidence in the world's reserve currency remained in question following a stream of tariff-related pronouncements from U.S. President Donald Trump.Reuters
Mon, Apr 14
Official Trump meme coin leads $906 million token unlocks this week
The crypto market is set for token unlocks totaling $906 million between April 14 and April 21, 2025. Sixteen various projects will have “cliff unlocks” in this timeframe, according to Tokenomist data. The unlocks’ values vary from $5.61 million to $334 million. The Trump meme coin (TRUMP) is at theCryptopolitan
Mon, Apr 14
RPT-COLUMN-'Attentive' ECB can lean against euro rise: Mike Dolan
By Mike Dolan LONDON, April 14 (Reuters) - The last thing you want in a global trade war is a rocketing currency. So the soaring euro's rise may not yet be "brutal", but it may still depress the inflation outlook enough to give the European Central Bank space to ease big.One of the mo...Reuters
Mon, Apr 14
Trump’s Memecoin TRUMP Unlocks 20% This Week! Could Trump Coin Trigger a Collapse in the Cryptocurrency Market?
TradingKey - The Trump Coin (TRUMP), which has already plummeted 30% over the past month, is set to experience a massive token unlock this week. On April 19, 40 million TRUMP tokens valued at $320 million will be unlocked, potentially exacerbating the fragility of the cryptocurrency market amid...
Ministry warns German exposure to tariff uncertainty 'exceptionally high'
BERLIN, April 14 (Reuters) - German exports and industrial production are both in line for considerable headwinds as a result of U.S. President Donald Trump's tariff policies, the German economy ministry warned on Monday in its monthly report.Reuters
Mon, Apr 14
