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A Year After 'liberation Day,' Trump Sets New Drug Tariffs, Adjusts Metals Duties
Trump to impose 100% tariffs on branded drugs without US production or price cutTrims tariffs on products made with steel, aluminum and copperNew moves follow collapse of Trump's broader tariffs announced a year ago By David Lawder and Ahmed Aboulenein WASHINGTON, April 2 (Reuters) - U.S. Pr...Reuters
4 hours ago
Us Crude Jumps More Than 11%, Brent Nearly 8% After Trump Vows More Attacks on Iran
HOUSTON, April 2 (Reuters) - U.S. oil prices settled more than 11% higher and Brent soared nearly 8% on Thursday in volatile trading, as traders worried about prolonged disruptions to oil supply the day after President Donald Trump said the United States would continue attacks on Iran.
Reuters
4 hours ago
Spot Brent Oil Price Hits $140 for First Time Since 2008 on Trump Rhetoric
TradingKey - On Thursday, April 2, spot Brent crude oil prices reached $141.37 per barrel, marking the highest level since 2008 and surpassing the peak reached at the onset of the 2022 Russia-Ukraine conflict.TradingKey
4 hours ago
Today’s Market Recap: Trump TACO Trade Resurges, US Stocks Open Low and Trend Higher, Iran Announces Drafting of Strait Passage Agreement
TradingKey - During the US pre-market session on April 2, US stocks opened lower following threats from Donald Trump to further strike Iranian infrastructure. Shortly thereafter, Iran announced it was drafting a strait passage agreement with Oman, leading US markets to reverse their opening losses a
World Anxious to Open Hormuz Strait While Trump and Iran Trade Threats
Trump vows to hit Iran back to the 'Stone Ages'Oil benchmark jumps after Trump speech, stocks slideIran says it is discussing with Oman a protocol for HormuzShips would need licences and permits, Iran deputy minister says Iran warns of 'broader and more destructive' attacksBy Steve H...Reuters
5 hours ago
Tesla Q1 Deliveries of 358,000 Miss Expectations, Traditional Business Under Pressure
TradingKey - Tesla (TSLA) reported Q1 2026 deliveries of 358,000 vehicles, a 6.3% year-on-year increase, but below the market consensus estimate of 372,000 units. Deliveries of its core Model 3/Y vehicles totaled 342,000 units, up 5.6% year-on-year, which also missed the market expectation of 354,000 units.TradingKey
16 hours ago
WRAPUP 14-Trump says Iran war's core objectives near completion
Trump says to hit Iran hard for next 2-3 weeksTrump says US nearing completing of core objectives in IranSenior Iranian source says no talks via mediators on temporary ceasefireBy Steve Holland, Alexander Cornwell and Yomna Ehab WASHINGTON/TEL AVIV/CAIRO, April 1 (Reuters) - The United States wil...Reuters
Thu, Apr 2
WTI Rallies Back Closer to $99.00 as Trump’s Comments Dampen Iran De-escalation Hopes
West Texas Intermediate (WTI) Crude Oil prices catch aggressive bids during the Asian session on Thursday and surge past the $97.00 mark as US President Donald Trump's prime-time address gets underway.Fxstreet
Thu, Apr 2
Trump Speech Triggers Sharp Short-Term Gold Volatility, Erasing Over $100 Intraday
TradingKey - During the early Asian session on Thursday (April 2), sentiment in the gold market reversed sharply as U.S. President Trump began delivering a national address regarding the situation in Iran. Previously, bolstered by a weakening U.S. dollar, spot gold had climbed for the fourth consecu
TradingKey
Thu, Apr 2
Trump Threatens to Hit Iran 'extremely Hard' Over Next Two to Three Weeks
WASHINGTON, April 1 (Reuters) - U.S. President Donald Trump said on Wednesday Washington will strike Iran "extremely hard" over the next two to three weeks and hit the country into the "Stone Ages.""We are going to hit them extremely hard over the next two to three weeks. We are ...Reuters
Thu, Apr 2
Today’s Market Recap: Crude Oil Drops Below $100 Amid Rising Hopes for US-Iran Ceasefire; US Stocks Rally for Second Day
TradingKey - On April 1, Eastern Time, U.S. stocks rose for a second consecutive trading session, bolstered by easing concerns over the war in Iran and declining oil prices. The S&P 500 rose 0.72% to 6,575.32, the Nasdaq increased 1.16% to 21,840.95, and the Dow Jones added 0.48% to 46,565.74.TradingKey
Thu, Apr 2
HSBC Reiterates Tesla Reduce Rating, $131 Target Price, Massive Potential Downside
TradingKey — HSBC analyst Michael Tyndall remains cautious on Tesla, reiterating an "Underweight" rating with a 12-month price target of $131. Based on relevant reports, this target price implies a downside potential of approximately 65% to 70% for Tesla's shares.TradingKey
Wed, Apr 1
Powell Warns US Fiscal Risks Escalating, Debt Pressure Approaching Critical Point
TradingKey - Federal Reserve Chair Jerome Powell recently issued a rare and explicit warning regarding the U.S. fiscal position. While he did not characterize the debt as being "immediately out of control," he stated clearly that although current levels are not yet unmanageable, the upward trajectorTradingKey
Wed, Apr 1
Kospi Index Gains Extend. Samsung Electronics Shares Surge 10%, SK Hynix Rises 9.5%
TradingKey - Buoyed by signals from the U.S. and Iran of a willingness to end the conflict, Asia-Pacific stock markets rallied strongly today. After triggering a circuit breaker at the market open, the KOSPI Index continued to extend its gains, led by tech heavyweights. Samsung Electronics surged 10%, while memory chip leader SK Hynix jumped 9.5% in tandem.TradingKey
Wed, Apr 1
Gold Price Rebounds Strongly to $4,700 Mark. But March Still Records Significant Pullback
TradingKey - During Wednesday’s Asian trading session, international gold prices surged, breaking through the $4,700 threshold intraday to reach a new periodic rebound high. This followed signals from both the U.S. and Iran expressing a willingness to end the conflict. Driven by this, capital flowed back into risk assets, while gold, which experienced a sharp decline in March, also recorded synchronized gains.TradingKey
Wed, Apr 1
Trump Flags End to Iran Conflict, Sparking 5% Korea Surge After Best US Day Since May
TradingKey - Wednesday, April 1: Driven by an overnight surge in U.S. equities, Japanese and South Korean stock markets opened significantly higher. South Korea's KOSPI index opened up 5.3%, returning to the 5,300-point mark. During the session, KOSPI 200 futures rose 5%, triggering a circuit breakeTradingKey
Wed, Apr 1
