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Forex
Dollar hits three-year low as Trump attacks threaten Fed's independence
NEW YORK, April 21 (Reuters) - The dollar tumbled on Monday to its lowest level in three years as investor confidence in the U.S. economy took another hit over President Donald Trump's attacks on the Federal Reserve chairman, potentially putting the central bank's independence under threat.
Stocks
GLOBAL MARKETS-US stocks, dollar slide; Trump's attacks on Fed chair fuel anxiety
NEW YORK, April 21 (Reuters) - Major U.S. stock indexes dropped and the dollar index slid to a three-year low on Monday as U.S. President Donald Trump's continued attacks on the Federal Reserve chair and the bank's monetary policy rattled investors.
Other
WRB CEO Berkley: Tariffs in current form will raise loss costs
By Chris MunroApril 21 - (The Insurer) - WR Berkley (WRB) is actively working to assess what impact U.S. tariffs will have on its business, with president and CEO Rob Berkley confirming that the measures in their current form will drive up loss costs.Talking to analysts on Monday evening shortly aft...Reuters
Tue, Apr 22
Forex
USD/CAD remains on the defensive below 1.3850 amid Fed independence fears
The USD/CAD pair loses ground to near 1.3835 during the early Asian session on Tuesday. The US Dollar (USD) weakens against the Canadian Dollar (CAD) amid fears of a slowdown in the US and concerns over the Federal Reserve's (Fed) independence.
Fxstreet
Tue, Apr 22
Stocks
US STOCKS-Wall St ends sharply lower following Trump's anti-Powell tirade
NEW YORK, April 21 (Reuters) - U.S. stocks suffered steep losses on Monday as U.S. President Donald Trump ramped up his attacks on Federal Reserve Chair Jerome Powell, prompting investors to worry about the central bank's independence even as they grapple with the effects of Trump's ongoing, erratic
Reuters
Tue, Apr 22
Stocks
Is This Fast-Growing Chain the Next Costco?
You might not be familiar with BBB Foods (NYSE: TBBB). And that's OK. Most stateside investors aren't familiar with the rapidly expanding chain providing deeply discounted groceries and other household essentials to a widening audience with 2,772 locations at the start of this year. It's North Ameri...The Motley Fool
Tue, Apr 22
Other
Harvard University sues to block Trump from slashing billions in research funding
Harvard says Trump's $2.3 billion funding freeze is illegalWhite House says it is seeking to combat antisemitism on college campuses Funds for some other top universities also paused over responses to pro-Palestinian protests By Jack Queen April 21 (Reuters) - Harvard University sued on Monda...Reuters
Tue, Apr 22
Other
Exclusive: JP Morgan leading process for potential $3 billion AF Group sale
By James ThalerApril 21 - (The Insurer) - Blue Cross Blue Shield of Michigan is working with JP Morgan on a sale process for the nearly $2 billion surplus AF Group, a commercial lines carrier that wrote nearly $2.9 billion in direct premiums in 2024, broking, carrier, and banking sources told The In...Reuters
Mon, Apr 21
Cryptocurrencies
Investors are moving to safer investments amid market uncertainty
After years of risky investments, investors are now shifting some money toward safe-haven investments. They are pouring cash into gold, ultra-short Treasury ETFs, and low-volatility stocks at the fastest pace since March 2023. They are acting amid growing concern that a global trade war represents a lasting threat to economic and earnings growth. Data compiled […]Cryptopolitan
Mon, Apr 21
Other
DOJ backs off from plan to spread its tax division across US
By Sarah N. Lynch and Jody Godoy WASHINGTON, April 21 (Reuters) - The U.S. Department of Justice has backed away from a plan to break up its Washington-based tax division and send prosecutors to offices throughout the country, according to an internal email seen by Reuters.A new plan would house ...Reuters
Mon, Apr 21
Commodities
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, April 22 (Reuters) - Contract Target Support/Resistance Brent oil $65.81/$64.91res $66.71/$67.83Palm oil (3rd month)3,818/3,725 ringgitres 3,929/3,968 ringgitWTI* $62.43/$61.47res $64.56/$65.37Spot gold$3,463/3,481/$3,581sup $3,402/$3,384LME coppe...Reuters
Mon, Apr 21
Other
Paul Atkins sworn in as US SEC chair
WASHINGTON, April 21 (Reuters) - Paul Atkins, who previously served as a U.S. Securities and Exchange Commission member from 2002 to 2008 and was seen as a business-friendly lawyer, was sworn in on Monday as the SEC chairman, the regulator said in a statement.Reuters
Mon, Apr 21
Stocks
Australia shares to resume trading after long weekend; NZ shares down
April 22 (Reuters) - Australian shares resume trading on Tuesday after a long weekend, with investors assessing Wall Street's sharp drop overnight on worries over the independence of the Federal Reserve after U.S. President Donald Trump ramped up attacks on Chair Jerome Powell. The local share p...Reuters
Mon, Apr 21
Stocks
Palantir Fell Today -- Is It Time to Buy the Stock?
Amid another day of big sell-offs for the broader market, Palantir (NASDAQ: PLTR) stock headed lower in Monday's trading. The software company's share price had been down as much as 4.8% in the daily session but closed out the day's trading down 3.2%. Meanwhile, the S&P 500 index fell 2.4%, and the ...The Motley Fool
Mon, Apr 21
Other
Early voting in Australia election begins, PM Albanese's party holds slender lead
By Alasdair Pal SYDNEY, April 22 (Reuters) - Early voting in the Australian election began on Tuesday, with Prime Minister Anthony Albanese's centre-left Labor party holding a slim lead over the conservative opposition coalition. A steady increase in early and postal voting means as many as ...Reuters
Mon, Apr 21
Forex
EUR/USD gathers strength above 1.1500 as Trump threatens Fed independence
The EUR/USD pair extends its upside to around 1.1520 during the early Asian session on Tuesday, pressured by a weaker US Dollar (USD). The US Dollar Index (DXY) fell to its lowest since March 2022, near 98.30, as traders kept losing confidence in the US economy.Fxstreet
Mon, Apr 21
Other
Modi, Vance tout progress on India-US trade deal
India, US welcome significant progress in trade deal talksModi, Vance hold talks on India-US tiesModi says he looks forward to Trump's visit to India this yearVance on largely personal four-day visit to IndiaAnalyst says timing crucial as India-US discuss trade dealUS VP's tour seen as layin...Reuters
Mon, Apr 21
Commodities
US judge confirms Red Tree's offer as starting bid in Citgo parent's auction
By Marianna Parraga HOUSTON, April 21 (Reuters) - A U.S. federal judge on Monday confirmed a $3.7 billion offer by Contrarian Funds' affiliate Red Tree Investments as the starting bid in an auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum to pay creditors and bondhol...Reuters
Mon, Apr 21
