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Forex
INDIA RUPEE-Rupee little changed, wedged between modest inflows and weaker yuan
By Jaspreet Kalra MUMBAI, April 22 (Reuters) - The Indian rupee treaded water on Tuesday as mild dollar inflows helped offset the impact of the Chinese yuan's decline, with traders expecting the rupee to hold a slightly positive bias in the near term.The rupee INR=IN was nearly flat at 85.13 ...Reuters
Tue, Apr 22
Economic Indicator
Vietnam clamps down on fraud on US exports, document shows
HANOI, April 22 (Reuters) - Vietnam's trade ministry has issued a directive to crack down on illegal transhipment of goods to the United States and other trading partners as it tries to avoid steep U.S. tariffs, according to a document reviewed by Reuters.The ministry in the directive, which was...Reuters
Tue, Apr 22
Forex
China's yuan pulls back, trade row keeps markets wary
SHANGHAI, April 22 (Reuters) - China's yuan slipped to the weakest level in a week against the dollar on Tuesday as traders remained wary about the economic risks of an escalating trade war between the world's two biggest economies. The focus will be on which country will prevail in the...Reuters
Tue, Apr 22
Commodities
TECHNICALS-CBOT soybeans to fall toward $10.16-1/4
For more technical analyses, please click SINGAPORE, April 22 (Reuters) - The CBOT soybean May contract SK25 is expected to break support at $10.31 per bushel and fall toward $10.16-1/4.The consolidation in the range of $10.31 to $10.45-1/2 may develop into a top pattern, rather than a continuation ...Reuters
Tue, Apr 22
Other
PRESS DIGEST-British Business - April 22
April 22 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times- The World Economic Forum launched a search for a new chairman after Klaus Schwab, 87, stepped down as board cha...Reuters
Tue, Apr 22
Stocks
MORNING BID EUROPE-Trying to contain US market contagion
April 22 (Reuters) - A look at the day ahead in European and global markets from Wayne Cole.There is an old saying that when the U.S. sneezes, the world catches a cold. But if the malady is a self-inflicted wound, is contagion inevitable? There might be a hint of that in Asian markets today given th...Reuters
Tue, Apr 22
Forex
USD/CHF hovers near 0.8050, 14-year lows due to rising US uncertainty, safe-haven demand
USD/CHF continues to slide for the third consecutive session, trading near 0.8070 during Tuesday's Asian session. The pair remains under pressure as the US Dollar (USD) struggles against a backdrop of escalating economic and political uncertainty in the United States.
Fxstreet
Tue, Apr 22
Technical Analysis
Stacks Price Forecast: STX soars 20% as BTC surpasses $88,000
Stacks (STX) price is extending its gains by 9%, trading around $0.76 at the time of writing on Tuesday, following a 10% rally the previous day. On-chain data paints a bullish picture, as STX open interest and trading volume are rising.Fxstreet
Tue, Apr 22
Commodities
Chevron cuts output at Wheatstone LNG facility for planned maintenance
SINGAPORE, April 22 (Reuters) - Chevron CVX.N is conducting minor planned maintenance at its Wheatstone natural gas facility in Australia, temporarily reducing production rates on LNG Train 1, a company spokesperson said on Tuesday. "The annual service event is expected to be completed within th...Reuters
Tue, Apr 22
Economic Indicator
Thai industrial sentiment drops in March, US tariffs a concern
BANGKOK, April 22 (Reuters) - Thailand's industrial sentiment in March fell for the first time in three months, with a future index pointing to a further fall on concerns about U.S. tariffs, the Federation of Thai Industries said on Tuesday.The FTI's industrial sentiment index dropped to 91....Reuters
Tue, Apr 22
Other
Russia's air defence units destroy 10 Ukrainian drones overnight, RIA reports
April 22 (Reuters) - Russia's air defence units destroyed 10 Ukrainian drones overnight, downing half of them over the Crimean Peninsula, RIA news agency reported on Tuesday citing Russian defence ministry data.Reuters
Tue, Apr 22
Other
Walmart-backed Flipkart to shift base back to India from Singapore
April 22 (Reuters) - Flipkart will shift its holding company from Singapore to India, the e-commerce company said on Tuesday, as its parent Walmart WMT.NS aims to take the 17-year-old company public.Many Indian startups that once chose to be based abroad for better access to capital and smaller tax ...Reuters
Tue, Apr 22
Other
Tennis-Less is more for Raducanu ahead of return in Madrid
April 22 (Reuters) - Emma Raducanu will return to action at this week's Madrid Open after a mid-season break and the former U.S. Open champion said she is benefiting from a more focused approach to the season.The 22-year-old Briton pulled out of the Billie Jean King Cup qualifiers to rest follow...Reuters
Tue, Apr 22
