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Cryptocurrencies
Gold’s About To Explode, Economist Says—But Can Bitcoin Keep Up?
Gold shone to a record peak yesterday to a little over $3,400 an ounce as investors get jittery about the economy. The increase comes as the US dollar retreats to a three-year low and tensions between large economies rise, especially from the US-China trade front. Related Reading: Saylor Goes Deep: ...Bitcoinist
Wed, Apr 23
Other
Japan tariff negotiator could head to US as early as April 30, TV Asahi reports
TOKYO, April 23 (Reuters) - Japanese Economy Minister Ryosei Akazawa could head to the United States for the second round of tariff talks as early as April 30, TV Asahi reported on Wednesday.Citing a source familiar with the negotiations, the report added that Japan had not yet compiled a package to...Reuters
Wed, Apr 23
Cryptocurrencies
PRESS DIGEST-Financial Times - April 23
April 23 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines- IMF cuts UK growth outlook and predicts further BoE rate reductions- British Prime Minister Keir Starmer changes stance on trans...Reuters
Wed, Apr 23
Commodities
China asks Korea not to supply products using rare earths to US defence firms, paper reports
China warns Korean firms of sanctions over rare earth exports - report China's export restrictions part of response to U.S. tariffsSouth Korea holds stockpiles, plans talks with U.S. on tariffs SEOUL, April 23 (Reuters) - Beijing recently asked South Korean companies not to ship products cont...Reuters
Wed, Apr 23
Cryptocurrencies
Crypto Comeback? Bitcoin Surges 10%+ in Sudden Upside Move
Bitcoin price is moving higher above the $92,500 zone. BTC is gaining pace and might continue higher above the $94,000 zone in the near term. Bitcoin found support at $88,000 and started a decent upward move. The price is trading above $90,500 and the 100 hourly Simple moving average. There is a con...NewsBTC
Wed, Apr 23
Commodities
METALS-London copper near three-week high on US-China de-escalation hopes
NEW DELHI, April 23 (Reuters) - Copper prices in London hit a near three-week high on Wednesday following U.S. President Donald Trump's comments about a trade deal with China, signalling a de-escalation in tensions but a stronger dollar limited sharper gains.The benchmark three-month copper CMCU...Reuters
Wed, Apr 23
Forex
FOREX-Dollar surges then steadies as Trump backs down on Fed attacks
After soaring initially, dollar steadies against most currenciesTrump backs away from threat to fire Fed's PowellOptimism around trade deals soothe investor worries By Ankur Banerjee SINGAPORE, April 23 (Reuters) - The U.S. dollar rose sharply and then steadied on Wednesday as President Donal...Reuters
Wed, Apr 23
Other
Attack on tourists in Indian Kashmir kills 26 people, injures 17, police say
SRINAGAR, India, April 23 (Reuters) - Twenty-six people were killed and 17 were injured when suspected militants opened fire at tourists in India's Jammu and Kashmir territory, police said on Wednesday, in the worst such attack in the country in nearly two decades.Reuters
Wed, Apr 23
Commodities
RUBBER-Japanese futures rise on trade hopes, but supply outlook caps gains
SINGAPORE, April 23 (Reuters) - Japanese rubber futures edged higher on Wednesday, supported by expectations of a de-escalation in trade tensions between the U.S. and top consumer China, though gains were limited by a firmer supply outlook. The Osaka Exchange (OSE) rubber contract for September de...Reuters
Wed, Apr 23
Commodities
Goldman Sachs Sees Downside Risk To $3.90/Mmbtu Sum25 US Gas Price Forecast
April 23 (Reuters) - GOLDMAN SACHS: SAYS "POSSIBILITY OF STRENGTH IN PRODUCTION LINGERING THROUGH SUMMER POSES A DOWNSIDE RISK TO OUR $3.90/MMBTU SUM25 US GAS PRICE FORECAST"SAYS BUT EVEN IF THAT RISK FULLY REALIZES, THEY ESTIMATE ITS SOFTENING IMPACT ON BALANCES CAN BE REVERSED BY INCREASED...Reuters
Wed, Apr 23
Forex
Australia, NZ dollars gain as policy confusion dogs greenback
By Wayne Cole SYDNEY, April 23 (Reuters) - The Australian and New Zealand dollars were on the rise again on Wednesday as the latest changes in White House policy positions prompted fresh selling of the U.S. dollar from bewildered investors.The U.S. currency had rallied when U.S. President Donald ...Reuters
Wed, Apr 23
Other
Mexican lender Banorte to scrap unprofitable digital bank
CEO says Banorte to sell or fuse Bineo'A lot of people' have come knocking, he saysBanorte to heed government's calls to cut ratesFirst-quarter profits up 8% year-on-yearBy Kylie Madry MEXICO CITY, April 22 (Reuters) - Executives of Mexican lender Banorte said on Tuesday it would eith...Reuters
Wed, Apr 23
Other
REFILE-Xpeng says it is bringing 5C fast charging technology to EV segment
SHANGHAI, April 23 (Reuters) - The CEO of Chinese electric vehicle maker Xpeng 9868.HK said on Wednesday that the company was bringing 5C fast charging technology to the electric vehicle segment for cars priced at around 200,000 yuan ($27,375). It has offered smart assisted driving capabilities ...Reuters
Wed, Apr 23
Stocks
Intel to cut over 20% of workforce, Bloomberg News reports
April 22 (Reuters) - Intel INTC.O is set to unveil plans this week to slash more than 20% of its workforce, in a move to streamline operations and reduce bureaucratic inefficiencies, Bloomberg News reported on Tuesday, citing a person familiar with the matter.The layoffs are part of a broader strate
Reuters
Wed, Apr 23
Forex
NZD/USD strengthens above 0.5950 amid hope for US-China trade deal
The NZD/USD pair gathers strength to around 0.5980 during the Asian trading hours on Wednesday. The New Zealand Dollar (NZD) has risen to its highest level since early November 2024 against the US Dollar (USD) after the optimistic comments from the US Treasury Secretary Scott Bessent.
Fxstreet
Wed, Apr 23
