News
Important Only
China tariff escalation a big mistake, US Treasury Secretary says
WASHINGTON, April 8 (Reuters) - U.S. tariff negotiations are the result of calls from other countries not sliding financial markets and China's escalation is a big mistake, U.S. Treasury Secretary Scott Bessent said on Tuesday. "I think it was a big mistake, this Chinese escalation,&...Reuters
Tue, Apr 8
GLOBAL MARKETS-World stocks recover from a beating but the mood is fragile
LONDON/TOKYO, April 8 (Reuters) - World markets won a reprieve on Tuesday after three days of heavy selling that wiped trillions of dollars off the value of shares, but caution prevailed with focus on whether Washington might be willing to negotiate on some of its aggressive tariffs.Reuters
Tue, Apr 8
RPT-COLUMN-Trump and Powell spar anew in major Fed test: Mike Dolan
By Mike Dolan LONDON, April 8 (Reuters) - The last thing U.S. markets need right now is a war of words between the White House and the Federal Reserve, yet they may have to brace for increasingly testy exchanges over the days and weeks ahead.President Donald Trump is currently refusing to back do...Reuters
Tue, Apr 8
CORRECTED-EUROPE GAS-Prices rangebound as market weighs tariff impacts
LONDON, April 8 (Reuters) - Dutch and British gas prices rebounded slightly on Tuesday morning and are expected to move sideways as the market assesses the impact of U.S. tariffs on energy amid fears slow global growth could impact demand.The benchmark Dutch front-month contract TRNLTTFMc1 was up 0....Reuters
Tue, Apr 8
Oil Below $40 Isn’t a Joke! Tariffs Hit the Global Economy, and OPEC Throws in the Towel
TradingKey - Following a plunge in international oil prices to their lowest levels in four years, Goldman Sachs has presented an extreme scenario: Brent crude oil falling below $40 per barrel.
TradingKey
Tue, Apr 8
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
