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Forex
NZD/USD weakens to near 0.5950 despite potential fresh stimulus measures from China
The NZD/USD pair softens to around 0.5950 during the Asian trading hours on Monday, pressured by the renewed US Dollar (USD) demand. Signs that global trade tensions between the United States and China may be easing provide some support to the Greenback.
Fxstreet
Mon, Apr 28
Commodities
Cargill bullish on Brazil this year, to handle higher grain volumes, company president says
By Roberto SamoraSAO PAULO, April 28 (Reuters) - The Brazilian unit of U.S. grain trader Cargill expects to handle higher volumes of grains and other products in the South American country this year compared to 2024, Paulo Sousa, president of Cargill, said in an interview.The optimism expressed by S...Reuters
Mon, Apr 28
Economic Indicator
WTI trades with modest losses around $62.70-$62.65 area, downside seems limited
West Texas Intermediate (WTI) US Crude Oil prices struggle to capitalize on modest gains registered over the past two days and attract some sellers near the $63.55 area during the Asian session on Monday.
Fxstreet
Mon, Apr 28
Forex
Australian dlr retreats from 2025 highs, focus turns to CPI data, election outcome
SYDNEY, April 28 (Reuters) - The Australian and New Zealand dollars were on the back foot on Monday as investors await clarity in U.S.-China trade talks, while a domestic inflation report and a looming national election may offer some direction for the Aussie this week. Australia will release quarte...Reuters
Mon, Apr 28
Other
BNSF Says On Sunday April 27, 2025 At About 715 P.M. CDT, It Received Preliminary Report Of Train Derailment Near Ashby, NE Which Has Affected Main Track
April 27 (Reuters) - BNSF - ON SUNDAY APRIL 27, 2025 AT ABOUT 7:15 P.M. CDT, RECEIVED PRELIMINARY REPORT OF TRAIN DERAILMENT NEAR ASHBY, NE WHICH HAS AFFECTED MAIN TRACKBNSF - BNSF PERSONNEL ARE RESPONDING TO ASSESS THE AFFECTED AREA. THE ESTIMATED TIME FOR OPENING THE MAIN TRACK HAS NOT BEEN DETER...Reuters
Mon, Apr 28
Economic Indicator
USD/CAD rises to near 1.3900 due to easing US-China tensions, lower Oil prices
USD/CAD is advancing for the second consecutive session, hovering around 1.3880 during Asian trading hours on Monday. The pair continues to strengthen as the US Dollar (USD) gains momentum, supported by signs of easing tensions between the US and China.
Fxstreet
Mon, Apr 28
Cryptocurrencies
Bitcoin Price Sees Short-Term Dip — Bulls Plot Their Next Move
Bitcoin price is correcting gains from the $95,000 zone. BTC is back below $94,000 and might test the $91,200 support zone in the near term. Bitcoin started a minor downside correction below the $94,000 zone. The price is trading below $94,000 and the 100 hourly Simple moving average. There is a con...NewsBTC
Mon, Apr 28
Stocks
INDIA STOCKS-Reliance earnings, Asian cues to push Indian benchmarks higher at open
April 28 (Reuters) - India's benchmark indexes are likely to open higher on Monday following better-than-expected earnings from heavyweight Reliance Industries and positive cues from Asian markets, with investors closely tracking tensions between India and Pakistan.Gift Nifty futures GIFc1 were ...Reuters
Mon, Apr 28
Economic Indicator
Singapore negotiating for US concessions on pharmaceuticals, chips
April 28 - Singapore is negotiating concessions for pharmaceutical exports to the U.S. while ensuring it still has access to high-end AI chips from the American market, said Trade and Deputy Prime Minister Gan Kim Yong according to a report by The Straits Times.Gan said on Sunday that he had a call ...Reuters
Mon, Apr 28
Economic Indicator
Japanese Yen bulls seem reluctant as bets for delayed BoJ rate hike offset trade uncertainties
The Japanese Yen (JPY) oscillates in a narrow range during the Asian session on Monday and stalls the recent pullback from a multi-month high touched against its American counterpart last week.
Fxstreet
Mon, Apr 28
Other
US military says it will limit disclosing details on strikes in Yemen
Trump ordered intensification of US strikes in Yemen in MarchUS says strikes aim to deter Iran-backed Houthi rebelsRights advocates and some Democrats have raised concerns over civilian killingsTrump administration under fire for using Signal to discuss attack plansBy Kanishka Singh WASHINGTON, A...Reuters
Mon, Apr 28
Economic Indicator
China will unveil new policies based on economic situation, says state planner
BEIJING, April 28 (Reuters) - The vice head of China's state planner said on Monday that new policies would be unveiled based on changes in the economic situation and that the National Development and Reform Commission would closely monitor domestic and external changes.Speaking at the same news...Reuters
Mon, Apr 28
Economic Indicator
PBOC Deputy Governor: Impact on China’s forex assets from volatility in US bond markets is limited
The People’s Bank of China ()PBOC) Deputy Governor said in a news conference that the “impact on China’s forex assets from volatility in US bond markets is limited.”
Fxstreet
Mon, Apr 28
Commodities
METALS-London metals prices mixed on optimism around trade talks
SHANGHAI, April 28 (Reuters) - London metals prices traded mixed on Monday as optimism over easing U.S.-China trade tensions offered some respite to investors, although concerns over the fragile negotiations lingered. Benchmark copper CMCU3 on the London Metal Exchange (LME) was down 0.5% at $9,327 ...Reuters
Mon, Apr 28
Other
South Korea presidential candidate Lee Jae-myung pledges chip tax credit
SEOUL, April 28 (Reuters) - South Korea's Democratic Party presidential candidate Lee Jae-myung pledged in a Facebook post on Monday to bring in a production tax credit of up to 10% for semiconductors manufactured and sold domestically, if he is elected. Lee is the frontrunner in opinion polls t...Reuters
Mon, Apr 28
Other
Australian stock exchange operator to reassess M&A rules amid James Hardie backlash
April 28 (Reuters) - The Australian stock exchange operator ASX ASX.AX said on Sunday that it had initiated a process for its rules regarding shareholder approvals for mergers and acquisitions.The ASX's decision to review its listing process came a day ahead of fibre-cement maker James Hardie JH...Reuters
Mon, Apr 28
Other
In Australian election race, Trump 'chaos' is making a conservative vote risky
Trump's impact boosts Albanese's Labor Party prospectsTrump policies encourage voters to stick with status quoLiberal Party leader Dutton distances himself from Trump after earlier referencesBy Kirsty Needham SYDNEY, April 28 (Reuters) - In the well-heeled Sydney beachside suburb of Bondi...Reuters
Mon, Apr 28
Economic Indicator
Amid Trump tariffs, China's trade and economy tsar steps into spotlight
Vice Premier He Lifeng is longtime confidant of Xi JinpingHe initially underwhelmed foreign investors, but has gained confidence and experienceHe described as ideological proponent of state-led growthU.S. has so far insisted it will only negotiate on tariffs with XiBy Laurie Chen, Michael Martina ...Reuters
Mon, Apr 28
