News
Important Only
Before Tesla Q1 Earnings, Wedbush: Musk's DOGE Role Could Make or Break Tesla
TradingKey - Ahead of Tesla's Q1 2025 earnings report, Dan Ives, a "longtime Tesla bull" and analyst at Wedbush, has issued another warning. He stated that Elon Musk’s political role in the White House’s Department of Government Efficiency (DOGE) is damaging Tesla's brand, and whether Musk stays...
TradingKey
Mon, Apr 21
China leaves lending benchmarks unchanged as expected in April
SHANGHAI, April 21 (Reuters) - China held benchmark lending rates steady on Monday for the sixth successive month, matching market expectations.The one-year loan prime rate (LPR) CNYLPR1Y=CFXS was kept at 3.1%, while the five-year LPR CNYLPR5Y=CFXS was unchanged at 3.6%.Reuters
Mon, Apr 21
EUR/USD advances to 1.1485 region, fresh high since February 2022 amid bearish USD
The EUR/USD pair breaks out through a multi-day-old trading range and touches a fresh high since February 2022, around the 1.1485 area during the Asian session on Monday. The momentum is sponsored by the bearish sentiment surrounding the US Dollar (USD), which supports prospects for an extension...
Fxstreet
Mon, Apr 21
Wall St Week Ahead-Busy US earnings week confronts market grappling with tariff fallout
NEW YORK, April 18 (Reuters) - A heavy slate of U.S. company results in the coming week will test a stock market shaken by a U.S. trade policy overhaul that upended the outlook for the global economy and corporate America.Reuters
Mon, Apr 21
China sends Boeing’s $55M jet back to US threatening future sales
A brand‑new Boeing 737 MAX to be used for Xiamen Airlines flew back to Seattle on Saturday. This happened after trade tariffs were announced for China, underscoring the deepening clash between Washington and Beijing.
Cryptopolitan
Mon, Apr 21
AUD/USD edges higher above 0.6350 ahead of PBoC rate decision
The AUD/USD pair trades in positive territory around 0.6380 during the Asian session on Monday, bolstered by the weaker US Dollar (USD). Traders await the developments surrounding the United States and China trade discussions, while tensions between the two largest economies are intensifying.
Fxstreet
Mon, Apr 21
Russia's economy ministry cuts 2025 Brent price forecast by nearly 17%, Interfax reports
April 21 (Reuters) - Russia's economy ministry has cut its forecast for the average price of Brent crude in 2025 by nearly 17% from what it saw the price would be this year in its September calculations, Interfax news agency reported early on Monday.
Reuters
Mon, Apr 21
Gold Price Forecast: XAU/USD climbs to near $3,350 on uncertainty about Trump's tariff policies
The Gold Price (XAU/USD) drifts higher to near $3,350 during the early Asian session on Monday after facing some profit-taking due to the long weekend. Uncertainty about US President Donald Trump's tariff policies and persistent geopolitical tensions continue to underpin the precious metal.
Fxstreet
Mon, Apr 21
Bitcoin LTH Selling Pressure Hits Yearly Low — Bull Market Ready For Takeoff?
Following an extensive price correction in the past three months, the Bitcoin bull market continues to hang in the balance. Despite a modest price rebound in April, the premier cryptocurrency is yet to display a strong intent to resume its bull rally amidst a lack of positive market factors.
Bitcoinist
Mon, Apr 21
Bitcoin In Peril? Expert Warns Of China’s Alleged Scheme To Crash BTC To $40,000
As Bitcoin (BTC) attempts to stabilize above the crucial $80,000 support level, a new warning from market analyst Leviathan has raised concerns about an alleged strategy by China that could significantly impact the leading cryptocurrency. China’s ‘Secret’ Bitcoin Strategy In a recent post on X (formNewsBTC
Fri, Apr 18
This Bitcoin Bear Confirmation Is Yet To Appear, Glassnode Reveals
The on-chain analytics firm Glassnode has revealed in a report how this historical bear market confirmation is yet to appear for Bitcoin in the current cycle. Bitcoin Unrealized Loss Hasn’t Spiked For Long-Term Holders Yet In its latest weekly report, Glassnode has discussed about the trend in...NewsBTC
Fri, Apr 18
Forex Today: Markets stabilize as trading volume thins out on Easter Friday
Here is what you need to know on Friday, April 18:Major currency pairs stay quiet on Friday as trading volumes thin out, with major markets remaining closed in observance of the Easter Holiday. The economic calendar will not offer any high-tier data releases, paving the way for subdued market...
Japan's core inflation accelerates, complicating BOJ's rate path
March core CPI rises 3.2% yr/yr, matches forecastIndex excluding fresh food, fuel up 2.9% yr/yr in MarchCore inflation exceeded BOJ target for 36 consecutive monthsBOJ chief Ueda says pressure from rising food costs to dissipateData comes ahead of BOJ's policy meeting April 30-May 1By Leika Kiha...Reuters
Fri, Apr 18
Japan's Nikkei notches best week in 3 months on trade deal hopes
TOKYO, April 18 (Reuters) - Japan's Nikkei share average rose 1% on Friday to clock its best week in three months, as investors turned more hopeful that U.S. President Donald Trump would be able to broker trade deals with some of its top trading partners, including Japan.Reuters
Fri, Apr 18
US, Japan need to work together against China, new US envoy says
TOKYO, April 18 (Reuters) - The United States and Japan need to work together to align its defence forces in the face of an increasingly assertive China, the new U.S. ambassador George Glass said upon his arrival in Tokyo on Friday."We sit with Japan in a very tough neighbourhood. You have Russi...Reuters
Fri, Apr 18
How will President Trump's threat to Powell affect Bitcoin?
Bitcoin (BTC) traded above $84,000 on Friday as President Donald Trump slammed Federal Reserve (Fed) Chairman Jerome Powell for not cutting interest rates on time. Trump pointed to the European Central Bank (ECB) lowering rates by 25 basis points, urging Powell to do the same in the US.
METALS-Shanghai copper gains as Trump signals possible end to China tariff hikes
April 18 (Reuters) - Copper prices in Shanghai rose on Friday as a possible end to the tit-for-tat tariff hikes between the U.S. and China came into view after U.S. President Donald Trump expressed optimism over a potential deal.The most-traded copper contract on the Shanghai Futures Exchange (SHFE)Reuters
Fri, Apr 18
Dogecoin Price Forms Symmetrical Triangle, Falling Wedge Breakout Begins From Oversold Zone
Dogecoin’s latest price formations suggest that an early-stage recovery might be underway, supported by signals on both short-term and mid-term timeframes. A close look at the chart activity shows technical setups that has historically led to strong breakouts. The observations come from crypto...
Bitcoinist
Fri, Apr 18