News
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Chinese sellers on Amazon to hike prices or exit US as tariffs soar, association says
SHENZHEN, China, April 10 (Reuters) - Chinese companies that sell products on Amazon AMZN.O are preparing to hike prices for the U.S. or quit that market due to the "unprecedented blow" from President Donald Trump's tariff hikes, the head of China's largest e-commerce association said.
Reuters
Thu, Apr 10
Bitcoin Rallies After Trump Pauses Tariff—Crypto Markets Cheer the Move
Bitcoin price started a fresh increase above the $80,000 zone. BTC is now consolidating gains and might correct some to test the $80,500 zone. Bitcoin started a fresh increase above the $80,000 zone. The price is trading above $80,500 and the 100 hourly Simple moving average. There was a break ...
NewsBTC
Thu, Apr 10
Australian shares surge over 6% after Trump pauses tariffs
April 10 (Reuters) - Australian shares jumped more than 6% on Thursday heading for their best session since the pandemic began, after investors, who were worried about the fallout of a global trade war, picked up hammered stocks following U.S. President Donald Trump's announcement of a pause in...
Reuters
Thu, Apr 10
In stunning U-turn, Trump walks back some tariffs, triggering historic market rally
WASHINGTON, April 9 (Reuters) - In a stunning reversal, U.S. President Donald Trump said he would temporarily lower the hefty duties he had just imposed on dozens of countries while further ramping up pressure on China, sending global stocks rocketing higher.Reuters
Thu, Apr 10
US stocks surge, dollar gains in dramatic relief rally as Trump pauses tariffs
NEW YORK, April 9 (Reuters) - Stock indexes posted their biggest one-day gains in years, with the S&P 500 .SPX recording its largest rise since 2008, while the dollar gained and Treasuries pared losses on Wednesday after U.S. President Donald Trump declared a temporary U.S. pause on tariffs.Reuters
Thu, Apr 10
COMMODITIES-Energy, metals and grains surge after Trump tariff pause
CHICAGO, April 9 (Reuters) - Oil prices surged from a four-year low on Wednesday and gold rallied in a broad-based commodities and equity market rebound after U.S. President Donald Trump said he would temporarily lower recently enacted tariffs on dozens of countries while further increasing duties..
Japan's Nikkei surges on relief after Trump pauses tariffs
TOKYO, April 10 (Reuters) - Japan's Nikkei share average jumped on Thursday as worries about the economic impact of U.S. tariffs receded after President Donald Trump declared an immediate 90-day tariff pause for many countries.
Reuters
Thu, Apr 10
US recognizes Panama's sovereignty over canal, Panama says after talks
PANAMA CITY, April 9 (Reuters) - Panama said on Wednesday the United States recognized its sovereignty over the Panama Canal, despite tough rhetoric from Washington, as the two nations announced agreements to deepen U.S. military training in the Central American nation.Reuters
Thu, Apr 10
US bond rout leaves investors bruised despite Trump pause on tariffs
Selloff at some points reached levels not seen since 200110-year auction comes within expectations, in reliefTraders point to forced but orderly selling by hedge fundsSome analysts question long-term demand for Treasuries Live updates on latest developments and global reactionBy Tom Westbrook...Reuters
Wed, Apr 9
ANALYSIS-Sharp US bond selloff revives flashbacks of COVID-era 'dash-for-cash'
Margin calls, need for liquidity exacerbate bond selloffUnwinding of basis trade reminds investors of 2020 market crashSwap spreads tighten sharply, signaling selling pressureBy Davide Barbuscia and Gertrude Chavez-Dreyfuss NEW YORK, April 9 (Reuters) - A violent U.S. Treasury selloff, evoking th...Reuters
Wed, Apr 9
European shares resume selloff as trade war escalates; healthcare slumps
Pharma giants drop after Trump touts 'major' tariff plansGermany's Merz unveils coalition deal Energy stocks hit by four-year low in oil pricesInvestors flee from U.S. bonds to cash By Sukriti Gupta and Lisa Pauline Mattackal April 9 (Reuters) - European shares tumbled further on Wedn...Reuters
Wed, Apr 9
EXCLUSIVE-China plans high-level meet to craft support measures after US tariff hikes, say sources
April 9 (Reuters) - China's top leaders plan to meet as soon as Wednesday to hammer out measures to boost the economy and stabilise capital markets, people with knowledge of the matter said, as trade war with the United States escalates.Reuters
Wed, Apr 9
EXCLUSIVE-ECB braces for bigger-than-anticipated growth hit from tariffs - sources
FRANKFURT, April 9 (Reuters) - Euro zone economic growth could fall much more from the impact of U.S. trade tariffs than initially estimated by the European Central Bank and the turmoil could also drag inflation down in the near term, four sources told Reuters.The ECB last month predicted that a traReuters
Wed, Apr 9
U.S. Stocks, Bonds, and Dollar All Hit: Under the "Schrödinger's Trump Administration," U.S. Assets No Longer Safe Havens
TradingKey - Amid the escalating risks posed by President Trump’s asymmetrical "reciprocal tariffs" and the unpredictable nature of his policymaking—likened by some analysts to "Schrödinger’s cat"—risky assets tumbled across the board on Tuesday. Even traditional safe havens such as the U.S...TradingKey
Wed, Apr 9
Intensifying U.S.-China Tariff War: Yuan Depreciation in Motion as Exchange Rate Hits Record Low
In addition to imposing counter-tariffs, the People's Bank of China (PBOC) appears to be pursuing an orderly depreciation of the yuan, having lowered the currency’s central parity rate of the yuan against the U.S. dollar for five consecutive trading days.
TradingKey
Wed, Apr 9
CORRECTED-Japan's Seven & i seen booking 24% fall in Q4 profit, adding to takeover pressure
By Anton Bridge TOKYO, April 8 (Reuters) - Japanese retailer Seven & i Holdings 3382.T is set to record a 24% drop in quarterly profit on Wednesday as underperformance of its convenience store business hampers its ability to fend off a takeover attempt by Canada's Alimentation Couche-Tard...Reuters
Wed, Apr 9
