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Trump says government shutdown is possible, but expects to avert it
ABOARD AIR FORCE ONE, March 9 (Reuters) - U.S. President Donald Trump said on Sunday that a government shutdown "could happen" if the House of Representatives cannot muster enough votes to pass a temporary funding bill, but he remains optimistic the measure will get approved.
Reuters
Mon, Mar 10
Trump says US has "just about" ended pause on Ukraine intel sharing
ABOARD AIR FORCE ONE, March 9 (Reuters) - U.S. President Donald Trump said on Sunday that the United States had "just about" ended a suspension of intelligence sharing with Ukraine, and that he expects good results out of upcoming talks with Ukrainian officials in Saudi Arabia.Asked if he wo...
Reuters
Mon, Mar 10
Shares of South Korean steelmakers drop ahead of US tariffs
SEOUL, March 10 (Reuters) - Shares of South Korean steel manufacturers dropped on Monday, snapping a three-day rally, ahead of the anticipated imposition of U.S. President Donald Trump's 25% tariffs on imports of steel and aluminum later this week. Steelmaker POSCO Holdings 005490.KS fell as muc...
Reuters
Mon, Mar 10
Oil prices decline as investors continue to fret over tariff impact
SINGAPORE, March 10 (Reuters) - Oil prices fell on Monday as concern about the impact of U.S. import tariffs on global economic growth and fuel demand, as well as rising output from OPEC+ producers, cooled investor appetite for riskier assets.Brent crude LCOc1 fell 25 cents, or 0....
WTI
Reuters
Mon, Mar 10
Fed's Daly: Growing uncertainty among businesses could slow demand in the US economy
President of the Federal Reserve Bank of San Francisco, Mary Daly, said late Sunday that rising uncertainty among businesses could dampen demand in the US economy but does not justify a change in interest rates.
Fxstreet
Mon, Mar 10
Oil up, but off highs as Trump warns new Russia sanctions possible
Brent and WTI fall more than 3% over the weekTrade war risks and OPEC+ supply increase weigh on marketBy Erwin Seba HOUSTON, March 7 (Reuters) - Oil prices gained on Friday but retreated from session highs after U.S. President Donald Trump threatened sanctions on Russia if it fails to reach a cea...
Reuters
Fri, Mar 7
SpaceX's Starship explodes in space, which Musk calls a 'minor setback'
Starship rocket explodes after liftoff, second failure this yearSpaceX faces setbacks in Mars rocket programFAA issues ground stops due to space debrisBy Joey Roulette and David ShepardsonMarch 6 (Reuters) - SpaceX's massive Starship spacecraft exploded in space on Thursday minutes after lifting...
Reuters
Fri, Mar 7
Russia says OPEC+ may reverse oil output after April, Kazakhstan pledges cuts
OPEC+ has decided to hike output from AprilKazakhstan says it will cut oil production in next monthsCPC exports to be reduced as well By Olesya Astakhova, Mariya Gordeyeva and Maha El Dahan MOSCOW/ALMATY/DUBAI March 7 (Reuters) - Russia Deputy Prime Minister Alexander Novak said on Friday that th...
Reuters
Fri, Mar 7
German bonds regain footing after biggest two-day drop since 1970s
LONDON, March 7 (Reuters) - A sharp sell-off in euro zone government bonds abated on Friday, after the biggest two-day fall in Bunds since the 1970s on the back of Germany's plans to completely rewrite its fiscal rules.
Reuters
Fri, Mar 7
Ethereum Market Sentiment Plunges To Low Levels Amid Continued Weak Price Performance
Given Ethereum‘s waning performance, despite being the second-largest digital asset, crypto enthusiasts are beginning to demonstrate heightened uncertainty toward ETH. Presently, ETH’s market sentiment has witnessed a significant decline as the altcoin’s weak price action persists, triggered by a...
Ethereum
Bitcoinist
Fri, Mar 7
[Reuters Breakingviews] Seven & i’s latest revamp leaves stale aftertaste
HONG KONG, March 7 (Reuters Breakingviews) - Seven & i 3382.T needs a better narrative. On Thursday, the Japanese owner of corner-store empire 7-Eleven unveiled the second attempt at an alternative plan to rival Alimentation Couche-Tard’s ATD.TO $47 billion takeover offer in the form of a 2...
Reuters
Fri, Mar 7
Asian spot LNG price flat amid bearish Europe gas sentiment
SINGAPORE, March 7 (Reuters) - Asian spot liquefied natural gas (LNG) prices were flat this week, holding at a ten-week low amid Europe's bearish gas price sentiment, though some emerging spot demand has curbed losses.
Reuters
Fri, Mar 7
Trump signs order to establish strategic bitcoin reserve
Reserve capitalized with bitcoin already seized by governmentCrypto czar Sacks says no new buying of tokens initiallyBitcoin briefly dips more than 5% to below $85,000White House hosts first crypto summit on FridayBy Nandita Bose and Jasper Ward WASHINGTON, March 7 (Reuters) - U.S. President Dona...
Reuters
Fri, Mar 7
Broadcom jumps as upbeat forecast quells AI chip demand worries
March 7 (Reuters) - Broadcom's shares soared 12% in premarket trading on Friday as the chipmaker's strong revenue forecast helped restore some confidence in AI chip demand after a bruising sector-wide selloff following rival Marvell Technology's bleak outlook.
Reuters
Fri, Mar 7
Bitcoin Weekly Forecast: Will Trump's Strategic Bitcoin Reserve and White House Crypto Summit support BTC recovery?
Bitcoin (BTC) remains under pressure and continues its decline, trading around $88,900 at the time of writing on Friday and falling over 5% this week. BTC uncertainty and volatility spikes liquidated $1.67 billion this week as the first-ever White House Crypto Summit takes place on Friday. AI and...
Bitcoin
Fxstreet
Fri, Mar 7
EUR/USD advances as US Dollar slumps ahead of US NFP
EUR/USD jumps above 1.0850 in Friday’s European session and revisits a four-month high. The major currency pair exhibits strength as the US Dollar (USD) weakens ahead of the United States (US) Nonfarm Payrolls (NFP) data for February, which will be published at 13:30 GMT. The US Dollar Index (DXY),
EUR/USD
Fxstreet
Fri, Mar 7
EUROPE GAS-Prices rebound from fresh 5-month low
March 7 (Reuters) - European wholesale gas prices at the TTF hub rebounded amid strikes on gas infrastructure in Ukraine after falling to their lowest level in five months in early trade.The benchmark front-month contract on the Dutch TTF hub TRNLTTFMc1 rose by 1.91 euros to 39.94 euros per...
Reuters
Fri, Mar 7
Gold consolidates further while chances for new all-time highs this week start to fade
Gold’s price (XAU/USD) stabilizes and seems to be consolidating for the third day in a row this week. The rally in Bullion stalls after US President Donald Trump shielded off all goods from Mexico and Canada that fall under the USMCA trade agreement from its freshly baked tariffs that got...
Gold
Fxstreet
Fri, Mar 7
GLOBAL MARKETS-Stocks slip amid US trade policy uncertainty, bond selloff eases
LONDON/SINGAPORE, March 7 (Reuters) - Stocks in Europe and Asia slipped on Friday, with investors still edgy at the end of a week marked by confusion over U.S. trade policy and a global rise in borrowing costs, although a steep selloff in bonds abated.
Reuters
Fri, Mar 7
Pound Sterling holds onto gains against US Dollar ahead of US NFP report
The Pound Sterling (GBP) clings to gains near 1.2900 against the US Dollar (USD) in the European trading session on Friday. The GBP/USD pair exhibits strength ahead of the United States (US) Nonfarm Payrolls (NFP) report for February, which will be published at 13:30 GMT.
GBP/USD
Fxstreet
Fri, Mar 7
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