News
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Commodities
Three dead in boating crash at Alabama pro fishing tournament
April 17 (Reuters) - Three people died in a boating crash at a Major League Fishing event in Alabama on Wednesday, according to local media.The Alabama Law Enforcement Agency (ALEA) said the incident happened after two fishing boats collided at Lewis Smith Lake, the reports said. In addition to thre...Reuters
Thu, Apr 17
Cryptocurrencies
Base’s Jesse Pollak introduces content coins as alternative to memes, ‘Base is for everyone’ coin causes stir
Base founder Jesse Pollak introduced the idea of content coins in a series of X posts on Wednesday. The idea behind this new class of tokens has drawn mixed reactions from community members, as some suggest that content coins are a rephrased version of meme coins.
Fxstreet
Thu, Apr 17
Stocks
UK's Man Group dips as assets fall nearly $6 billion in a fortnight amid tariff rout
** Shares of London-listed hedge fund Man Group EMG.L down 2.5% to 155.2p ** EMG posts fall in assets under management by about $5.6 billion in the two weeks to April 14, in trading dominated by fallout from U.S. President Donald Trump's barrage of trade tariffs** Says assets stood at $168.6 bil...Reuters
Thu, Apr 17
Stocks
PRECIOUS-Profit-booking pulls gold off all-time high
Trump hails "big progress" in Japan tariff talksGold hit an all time peak at $3,357.40 per ouncePullback towards $3,050 looks possible -analystBullion headed for a weekly gainBy Rahul Paswan and Anushree Mukherjee April 17 (Reuters) - Gold prices retreated on Thursday as investors booked ...Reuters
Thu, Apr 17
Other
China's commerce ministry says it maintains communication with US
BEIJING, April 17 (Reuters) - China's commerce ministry said on Thursday it has maintained communication with its U.S. counterparts, and the country is open to economic and trade negotiations on the basis of mutual respect.The U.S. should resolve differences with China through equal dialogue, sa...Reuters
Thu, Apr 17
Cryptocurrencies
Bitcoin’s Futures Sentiment Weakens, Is The Ongoing Recovery Running Out of Steam?
Bitcoin’s upward momentum appears to be slowing down following a recovery phase earlier this week. After climbing close to $86,000, BTC has retraced slightly, hovering just above the $84,000 mark at the time of writing. The mild pullback comes after a 10% rise seen over the past seven days, wh...NewsBTC
Thu, Apr 17
Cryptocurrencies
Ripple Price Prediction: Will XRP See An 800% Upside in 2025? This Contender Promises a Bigger ROI By June
The XRP coin soared by 30% during the past week while pushing the crypto market ahead due to the massive $160 million retreat from exchanges. The forecasts by market research firms show XRP may achieve an 800% growth up to $15-$71 in 2025 based mostly on technical market signs and US exchange-traded fund (ETF) entrance […]Cryptopolitan
Thu, Apr 17
Economic Indicator
Thailand to see tariff impact on exports in second half of year, central bank says
BANGKOK, April 17 (Reuters) - Thailand will see the impact of U.S. tariffs on its exports in the second half of the year, and higher imports to reduce the trade surplus with America will affect local manufacturing, Bank of Thailand Assistant Governor Sakkapop Panyanukul told a briefing.Thailand is a...Reuters
Thu, Apr 17
Stocks
OVHcloud rises on solid H1 results
** Shares in cloud provider OVHcloud OVH.PA rise 1.5%, pares gains after rising as much as 3.8%, after it posted its H1 results and confirmed its FY 2024/2025 guidance ** The Paris-listed company reported an H1 EBITDA of 214.6 million euros ($243.81 million) and a revenue of 536 million euros** Its ...Reuters
Thu, Apr 17
Commodities
Crude Oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Thursday, early in the European session. WTI trades at $62.22 per barrel, up from Wednesday’s close at $61.95.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $65.34 price posted on Wednesday, and trading at $65.54.
Fxstreet
Thu, Apr 17
Other
Forvia on track to mitigate full exposure to US tariffs, CEO says
By Mathias de RozarioApril 17 (Reuters) - Forvia FRVIA.PA has so far mitigated about 50% of its estimated exposure to U.S. tariffs and is on track to cover the rest, the French automotive supplier's CEO Martin Fischer said in a call on Thursday.Its shares were up 8% at 0905 GMT in Paris after a ...Reuters
Thu, Apr 17
Other
Seven & I Says Special Committee Continues To Engage Constructively With Alimentation Couche-Tard
April 17 (Reuters) - Seven & i Holdings Co Ltd 3382.T:SEVEN & I HOLDINGS ISSUES PUBLIC LETTER TO SHAREHOLDERS REGARDING THE NOMINATION OF HIGHLY QUALIFIED SLATE OF DIRECTORSSEVEN & I: SPECIAL COMMITTEE OF BOARD CONTINUES TO ENGAGE CONSTRUCTIVELY WITH ALIMENTATION COUCHE-TARDSEVEN & I...Reuters
Thu, Apr 17
Cryptocurrencies
OKX US CEO Roshan Robert’s bold bet: Compliance, OKX web3 wallet launch, liquidity and innovation
OKX cryptocurrency exchange announced its official debut in the United States (US), with a regional HQ in San Jose, California, on Wednesday, paving the way for a new dispensation guided by intentional regulatory compliance, innovation, and customer trust.Fxstreet
Thu, Apr 17
Forex
RPT-COLUMN-US Big Tech swaps 'safe haven' sheen for trade war target: McGeever
By Jamie McGeeverORLANDO, Florida, April 16 (Reuters) - Treasuries are not the only 'safe haven' U.S. asset getting the cold shoulder as investors around the world rethink their enthusiasm for all things America. The shadow over 'Big Tech' is darkening and lengthening too.In recent w...Reuters
Thu, Apr 17
Stocks
Should You Buy Stocks After The Recent Market Sell-Off? Here's What One of Warren Buffett's Favorite Valuation Gauges Says.
Stocks have whipsawed this year, as weak economic data, high valuations, and issues around tariffs have confused investors. After everything that's happened in just a few short months, the broader benchmark S&P 500 finds itself down about 9% on the year as I write this, although it's down much more ...The Motley Fool
Thu, Apr 17
Economic Indicator
USD/CAD gathers strength above 1.3850 as Fed remains in wait-and-see mode
The USD/CAD pair strengthens to near 1.3885 during the early European session on Thursday. Hawkish remarks from Federal Reserve (Fed) Chair Powell and stronger Retail Sales provide some support for the Greenback. Trading volume is likely to be lightened ahead of the Good Friday holiday.
Fxstreet
Thu, Apr 17
Other
Hedge fund Man Group's assets dip by nearly $6 billion during Trump tariff turmoil
LONDON, April 17 (Reuters) - London-listed hedge fund Man Group EMG.L said on Thursday that its assets under management fell by about $5.6 billion in the two weeks to April 14, in trading dominated by the fallout from U.S. President Donald Trump's barrage of trade tariffs.Man Group said its asse...Reuters
Thu, Apr 17
Economic Indicator
European Central Bank set to cut interest rates again amid easing inflation and tariff uncertainty
The European Central Bank (ECB) will announce its April interest rate decision on Thursday at 12:15 GMT. Markets widely expect the central bank to lower key rates for the sixth consecutive time.
Fxstreet
Thu, Apr 17
