News
Important Only
Economic Indicator
ECB's Villeroy: Trump’s trade policies will weaken financial stability and growth
European Central Bank member Francois Villeroy de Galhau said on Tuesday that US President Donald Trump’s trade tirades dampen economic growth, including for the US, and threaten to undermine financial stability, per Bloomberg.Fxstreet
Wed, Apr 23
Commodities
Oil rises 1% on Iran sanctions, drop in US crude stocks
HOUSTON, April 23 (Reuters) - Oil prices rose almost 1% in early trade on Wednesday, extending the prior day's gains as investors weighed a fresh round of sanctions on Iran, a drop in U.S. crude stocks and a softer tone from Donald Trump on the Federal Reserve.The market found support after Trum...Reuters
Wed, Apr 23
Cryptocurrencies
Cantor nears $3 billion crypto venture with SoftBank and Tether, FT reports
April 22 (Reuters) - Brandon Lutnick, son of U.S. Commerce Secretary Howard Lutnick and chair of brokerage Cantor Fitzgerald, is partnering with SoftBank 9984.T, Tether and Bitfinex to create a multibillion-dollar bitcoin acquisition vehicle, the Financial Times reported on Tuesday.The vehicle, Cant...Reuters
Wed, Apr 23
Stocks
Musk, facing criticism and falling Tesla sales, to cut back DOGE work
Musk to reduce time on government work, increase time on Tesla Tesla faces uncertainty from tariffs and shifting global trade policiesTesla's auto revenue drops 20%, net profit falls 71% in Q1 Production ramp of affordable cars to be slower than expected - execBy Akash Sriram, Abhirup Roy, Ch...Reuters
Wed, Apr 23
Forex
FOREX-Dollar surges as Trump backs down from threat to fire Fed's Powell
By Ankur Banerjee SINGAPORE, April 23 (Reuters) - The U.S. dollar jumped broadly against major currencies on Wednesday as investors heaved a sigh of relief after President Donald Trump backed away from threats of firing Federal Reserve Chair Jerome Powell following his recent attacks.The markets ...Reuters
Wed, Apr 23
Cryptocurrencies
Bitcoin rises 5% above $91,000
April 22 (Reuters) - Bitcoin BTC=, the world's largest cryptocurrency, rose 5.01% to $91,713.49, after earlier breaking through the $90,000 for the first time since March as U.S. President Donald Trump's trade policies have rocked global markets.
Reuters
Wed, Apr 23
Stocks
GLOBAL MARKETS-Stocks, dollar rebound in Asia as Trump steps back
Asian stock markets : https://tmsnrt.rs/2zpUAr4Nikkei jumps over 2%, S&P 500 futures extend rallyDollar bounces as Trump says no plans to fire PowellHopes for China tariff relief, but no deal yetBy Wayne Cole SYDNEY, April 23 (Reuters) - Stock markets were enjoying a much-needed relief rally ...Reuters
Wed, Apr 23
Commodities
PRECIOUS-Gold takes a breather after hitting $3,500 on higher stocks, stronger dollar
April 22 (Reuters) - Gold fell more than 1% on Tuesday after briefly touching a record high of $3,500 earlier in the session, as comments by U.S. Treasury Secretary Scott Bessent hinting at a thaw in U.S.-China trade tensions fueled optimism in equities and strengthened the dollar.Reuters
Wed, Apr 23
Economic Indicator
Trump says he has no plans to fire Fed's Powell; market jumps
Trump's criticism of Fed rate policy remains pointedMarket reacts positively to Trump's de-escalationTrump says China tariffs will fall substantially after a dealBy Nandita Bose WASHINGTON, April 22 (Reuters) - President Donald Trump on Tuesday backed off from threats to fire Federal Rese...Reuters
Wed, Apr 23
Commodities
Brazil's JBS calls shareholder meeting to vote on US listing plan
SAO PAULO, April 22 (Reuters) - JBS SA JBSS3.SA, the world's largest meatpacker, called a shareholder meeting for May 23 to vote on its plan to list shares on the New York Stock Exchange, it said in a securities filing on Tuesday.The U.S. listing, which has been in the works for years, would pro...Reuters
Wed, Apr 23
Forex
GBP/USD weakens below 1.3300 as US Dollar rises
The GBP/USD pair remains weak near 1.3280 during the early Asian session on Wednesday. Comments by US Treasury Secretary Scott Bessent hint at a thaw in US-China trade tensions, fueling optimism in markets and strengthening the US Dollar (USD) against the Pound Sterling (GBP).
Fxstreet
Wed, Apr 23
Economic Indicator
Japan's factory activity shrinks on tariff woes, services perk up, PMI shows
TOKYO, April 23 (Reuters) - Japan's factory activity shrank for the tenth consecutive month in April as confidence among manufacturers dived to almost 5-year lows, dented by worries about U.S. President Donald Trump's tariff policies, a private-sector survey showed on Wednesday.On the bright...Reuters
Wed, Apr 23
Stocks
Japan's Nikkei tracks Wall Street's rebound, jumps to three-week high
TOKYO, April 23 (Reuters) - Japan's Nikkei share average climbed to a three-week high on Wednesday, with technology stocks leading the charge, as investors tracked a strong overnight performance on Wall Street. As of 0012 GMT, the Nikkei .N225 was up 2.5% at 35,065.74, its highest level since Ap...Reuters
Wed, Apr 23
Commodities
GRAINS-Soybeans up for third session on hopes of US-China trade talks
SINGAPORE, April 23 (Reuters) - Soybeans gained more ground on Wednesday, after U.S. Treasury Secretary Scott Bessent said in a closed-door meeting that he believes there will be a de-escalation in Washington-Beijing trade tensions.Corn and wheat edged higher.FUNDAMENTALS* The most-active soybean co...Reuters
Wed, Apr 23
