News
Important Only
Cryptocurrencies
No Crown Yet? Bitcoin Needs To Prove Itself One Win At A Time—Analyst
Bitcoin prices surged this week, increasing from $84,100 on Monday to $93,549 at the time of the most recent market update. This 6.5% increase over a 24-hour period occurs as the cryptocurrency is seen breaking its historical link with tech stocks, market analysts say. Related Reading: Bitcoin Rocke...NewsBTC
Wed, Apr 23
Forex
US, China tariffs both need to fall for trade talks to start, Bessent says
Bessent sees mutual tariff reduction before talksNegotiations with multiple countries aim to restore tariff certaintyBessent confident in U.S. growth despite IMF downgradeNo specific currency targets in U.S.-Japan trade talksBy David Lawder WASHINGTON, April 23 (Reuters) - U.S. Treasury Secretary...Reuters
Wed, Apr 23
Forex
FOREX-Dollar rebounds as White House seeks to ease tensions over Fed, China trade
Dollar rises against most currencies on China trade reportsTrump backs away from threat to fire Fed's PowellOptimism around trade deals soothe investor worries By Hannah Lang April 23 (Reuters) - The U.S. dollar staged a rebound against its major peers on Wednesday on hopes of de-escalating t...Reuters
Wed, Apr 23
Economic Indicator
US judge questions Trump's motives for curbing union bargaining by federal workers
By Daniel Wiessner April 23 (Reuters) - A federal judge on Wednesday said President Donald Trump appeared to be targeting unions that have challenged his policies in court by stripping hundreds of thousands of federal employees of the ability to collectively bargain over working conditions.Senior...Reuters
Wed, Apr 23
Commodities
US Plains HRW Wheat-Domestic bids steady, Gulf basis steady-firm as futures drop
CHICAGO, April 23 (Reuters) - Spot basis bids for hard red winter (HRW) wheat were mostly steady around the southern U.S. Plains on Wednesday on slow demand and lower futures prices, while Gulf Coast basis values were steady to higher, dealers said.* K.C. HRW wheat futures on the Chicago Board of Tr...Reuters
Wed, Apr 23
Commodities
CBOT soybeans end higher on trade war de-escalation hopes
CHICAGO, April 23 (Reuters) - Chicago Board of Trade soybean futures were up on Wednesday as investors anticipated a possible easing in trade tensions between the U.S. and China.CBOT July soybeans SN25 settled up 4-1/4 cents at $10.50-1/4 per bushel.CBOT July soymeal SMN25 ended down $0.90 at $298.6...Reuters
Wed, Apr 23
Stocks
QUOTES-Wall Street rallies as worries about tariff war, Powell tenure subside
April 23 (Reuters) - The benchmark S&P 500 US stock Index rallied to a two-week high on Wednesday on hopes for a de-escalation in the U.S.-China trade war and as President Donald Trump scaled back his threats to fire Federal Reserve Chair Jerome Powell.The prospect of negotiations between Washin...Reuters
Wed, Apr 23
Stocks
GLOBAL MARKETS-Stocks, dollar climb, gold falls as US says China tariffs not sustainable
US stocks up sharply in afternoon trading amid tariff optimismTrump softens tone on Fed Chair Powell Dollar bounces against euro, other currenciesBy Caroline Valetkevitch NEW YORK, April 23 (Reuters) - Major stock indexes rallied, the dollar gained against the euro and other currencies while safe...Reuters
Wed, Apr 23
Economic Indicator
Price hikes, a rush to buy autos, and uncertainty in wake of Trump tariffs -- Fed report
Beige Book paints emerging stagflationary picture, with price hikes and labor market slowingFed Chair Powell says Beige Book critical in shaping own views of economy80 mentions of uncertainty, 107 mentions of tariffs in report April 23 (Reuters) - Prices are rising and economic activity has begun...Reuters
Wed, Apr 23
Commodities
EQT plans to spend less while producing more US natgas in 2025
By Scott DiSavino April 23 (Reuters) - U.S. energy company EQT EQT.N, the country's second-biggest natural gas producer, plans to reduce capital spending but produce more energy in 2025, while rival Range Resources RRC.N said it would hold expenditures and output relatively steady from 20...Reuters
Wed, Apr 23
Other
Trump envoy says there were positive talks in London with Ukraine official
WASHINGTON, April 23 (Reuters) - President Donald Trump's Ukraine envoy Keith Kellogg said on Wednesday there were positive talks in London with Ukrainian President Volodymyr Zelenskiy's chief of staff, Andriy Yermak."It's time to move forward on President Trump's UKR-RU war dire...Reuters
Wed, Apr 23
Other
Ukraine talks in London made 'significant progress,' says UK government
LONDON, April 23 (Reuters) - Britain said talks in London with a Ukrainian delegation and officials from the United States, France and Germany on Wednesday made significant progress towards a common position."The talks today were productive and successful, and significant progress was made on re...Reuters
Wed, Apr 23
Stocks
JBS shares leap after US listing plan advances
** Shares in Brazilian meatpacker JBS JBSS3.SA jump more than 6% on Wednesday after the company called a shareholders' meeting for May 23 to vote on its plan to list shares on the New York Stock Exchange (NYSE) ** The meeting comes after JBS got the green light from the U.S. Securities an...Reuters
Wed, Apr 23
Stocks
Why Super Micro Computer Stock Is Soaring Today
Super Micro Computer (NASDAQ: SMCI) stock is rocketing higher Wednesday in response to multiple positive catalysts. The company's share price was up 10.2% as of 2:45 p.m. ET. At the same point in the session, the S&P 500 had risen 1.8%, and the Nasdaq Composite was up 2.9%.Supermicro's valuation is ...The Motley Fool
Wed, Apr 23
Other
Global roundtable sees rising debt risks for low-income countries as uncertainty mounts
Many countries face debt service challengesSovereign debt roundtable met on WednesdayIMF shows global public debt to reach nearly 100% of GDPBy Andrea Shalal WASHINGTON, April 23 (Reuters) - More work is needed to improve the sovereign debt restructuring process and help countries facing mounting...Reuters
Wed, Apr 23
Other
Carney takes election campaign to British Columbia battleground
Poll shows Liberals and Conservatives tied in BCNDP's decline may aid both Liberals and Conservatives in parts of BCLiberals lead in Ontario and Quebec, Conservatives on PrairiesBy Promit Mukherjee and Rod Nickel VICTORIA, British Columbia, April 23 (Reuters) - Canadian Prime Minister Mark Ca...Reuters
Wed, Apr 23
Commodities
EXCLUSIVE-Kazakhstan says oil output levels decided by national interest, not OPEC+
Kazakhstan unable to control Wester majors' projects - ministerEnergy minister says too risky to reduce output at old fieldsKazakhstan committed to constructive work with OPEC+ - statementCountry among biggest OPEC+ over producersBy Tamara Vaal ASTANA, April 23 (Reuters) - Kazakhstan will pri...Reuters
Wed, Apr 23
Commodities
CBOT corn futures weaken on drier forecast
CHICAGO, April 23 (Reuters) - Chicago Board of Trade corn futures ended lower on Wednesday as a drier forecast for the U.S. Midwest was expected to speed planting progress in the coming weeks. July corn CN25 ended down 4 cents at $4.79-1/4 a bushel.The next 16-30 days should be drier in the U.S. Mi...Reuters
Wed, Apr 23
Commodities
Weak oil prices, limited shale acreage to hit energy M&A in 2025, Enverus says
By Georgina McCartney HOUSTON, April 23 (Reuters) - The U.S. upstream oil and gas M&A market is bracing for the most challenging conditions since the COVID-19 pandemic as oil prices slump and prime acreage dries up, analytics firm Enverus said on Wednesday, even though dealmaking jumped last ...Reuters
Wed, Apr 23
