News
Important Only
Forex
USD/CAD edges higher above 1.3850, BoC holds policy rate at 2.75%
The USD/CAD pair trades in positive territory near 1.3880 during the early Asian session on Thursday. However, the upside for the pad might be limited amid the escalating trade uncertainties. Traders brace for the developments surrounding US trade talks with trading partners.
Fxstreet
Thu, Apr 17
Economic Indicator
BoJ’s Nagakawa: If outlook realized, the BoJ will continue to raise interest rate
Bank of Japan (BoJ) board member Junko Nagakawa said on Thursday that “if the outlook for economic activity and prices is realised, the BoJ will continue to raise interest rate and adjust degree of monetary accommodation.”
Fxstreet
Thu, Apr 17
Other
TikTok's US public policy chief to step down, The Information reports
April 16 (Reuters) - TikTok's U.S. public policy chief, Michael Beckerman, a key figure in its fight against a U.S. government ban, plans to leave his Washington-based role and transition to a global advisory position, The Information reported on Wednesday, citing a staff memo.Earlier this month...Reuters
Thu, Apr 17
Other
BOJ's Ueda says US tariff uncertainty heightening sharply
By Leika KiharaTOKYO, April 17 (Reuters) - Bank of Japan Governor Kazuo Ueda said on Thursday uncertainty surrounding U.S. tariff policy has heightened sharply recently.When the BOJ raised interest rates in January, the U.S. economy was in good shape and financial markets were stable, Ueda said."...Reuters
Thu, Apr 17
Other
BOJ's Ueda says US tariff uncertainty heightening sharply
TOKYO, April 17 (Reuters) - Bank of Japan Governor Kazuo Ueda said on Thursday uncertainty surrounding U.S. policy, particularly that on tariffs, has heightened sharply recently."Japan's real interest rates remain extremely low. As such, the BOJ is likely to continue raising interest rates i...Reuters
Thu, Apr 17
Other
Kingsoft Cloud To Issue And Sell 17.3 Million Firm ADSS
April 17 (Reuters) - Kingsoft Cloud Holdings Ltd 3896.HK:TO ISSUE AND SELL 17.3 MILLION FIRM ADSS AT US$11.27 PER FIRM ADSAGREED TO ISSUE AND SELL 18 MILLION OFFER SHARES WITH AGGREGATE NOMINAL VALUE OF US$18,000 AT HK$5.83 PER OFFER SHAREReuters
Thu, Apr 17
Other
TikTok U.S. Public Policy Chief Michael Beckerman Said He Is Planning To Leave Washington - The Information
April 16 (Reuters) - TIKTOK U.S. PUBLIC POLICY CHIEF MICHAEL BECKERMAN SAID HE IS PLANNING TO LEAVE WASHINGTON AND TRANSITION TO GLOBAL ADVISORY ROLE - THE INFORMATIONSource text: https://tinyurl.com/292t8et4Further company coverage: [ ]Reuters
Thu, Apr 17
Commodities
METALS-Shanghai copper gains on weaker dollar, improving Chinese economy
April 17 (Reuters) - Shanghai copper firmed on Thursday, as a softer dollar and improving economic data from top metals consumer China buoyed market sentiment.The most-traded copper contract on the Shanghai Futures Exchange (SHFE) SCFcv1 rose 0.5% to 75,940 yuan ($10,395.19)per ton, as of 0120 GMT....Reuters
Thu, Apr 17
Commodities
Santos says Alaska oil project could start early while first-quarter revenue dips
Santos' shares rise 2.7% in early tradeMarkets cheer potential early Pikka startup — CitiFirst-quarter sales revenue down 7%By Aaditya GovindRao April 17 (Reuters) - Australian oil and gas producer Santos STO.AX said on Thursday it could potentially bring forward the startup for its Pikka pha...Reuters
Thu, Apr 17
Economic Indicator
Australia’s Unemployment Rate rises to 4.1% in March vs. 4.0% expected
Australia’s Unemployment Rate rose to 4.1% in March, according to the official data released by the Australian Bureau of Statistics (ABS) on Thursday. The figure came below the market consensus of 4.2%.Developing story……Fxstreet
Thu, Apr 17
Other
China will pay no attention to US 'tariff game'
BEIJING, April 17 (Reuters) - If the United States continues to play the "tariff numbers game", China will pay no attention to it, China's foreign ministry said on Thursday.The comment came in response to the White House stating that China faces tariffs of up to 245% due to its retaliato...Reuters
Thu, Apr 17
Cryptocurrencies
RAY sees double-digit gains as Raydium unveils new Pumpfun competitor
RAY surged 10% on Wednesday as Raydium revealed its new meme coin launchpad, LaunchLab, a potential competitor to Pump.fun — which also recently unveiled its decentralized exchange (DEX) PumpSwap.
Fxstreet
Thu, Apr 17
Other
Japan's Zeon aims to decide on US investment by summer, sees rising risk amid Trump tariffs
By Sam Nussey and Ritsuko ShimizuTOKYO, April 17 (Reuters) - Japanese chemical company Zeon 4205.T aims to decide by the summer whether to move forward with plans it put on hold to expand production in the United States, its CEO said.Zeon in January froze plans to expand capacity in Texas for produc...Reuters
Thu, Apr 17
