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Stocks
Has the VIX Index Peaked, Signalling a Reversal in Wall Street's Stock Selloff?
TradingKey - Amid heightened tariff risks posed by U.S. President Donald Trump, the CBOE VIX Volatility Index experienced a historic surge, briefly reaching the 60 mark. However, this key measure of market volatility has since been halved. U.S. Treasury Secretary Scott Bessent suggested that the...TradingKey
Wed, Apr 16
Stocks
Discoverie stock rises following robust trading update despite lower sales
Investing.com -- Investing.com -- Discoverie Group PLC (LON:DSCV) shares climbed +1.4% as the market responded to a pre-close trading update indicating a resilient performance despite lower year-on-yeInvesting.com
Wed, Apr 16
Stocks
KKR acquires German IT firm Datagroup for around $500 million
KKR to pay 33% premium for Datagroup sharesDatagroup to delist, expected in Q3 2025Company's shares jump around 31% By Emma-Victoria Farr FRANKFURT, April 16 (Reuters) - U.S.-based private equity firm KKR KKR.N has reached a deal with Frankfurt-listed Datagroup D6HG.DE to buy the firm in ...Reuters
Wed, Apr 16
Stocks
3 Leading Tech Stocks to Buy in 2025
With the stock market ping-ponging from the constant shift in the Trump administration's proposed tariffs and trade policy, investors might wonder how to handle the situation. In this environment, it's best to stick to the stocks of market-leading companies that should prosper over the long run.You ...The Motley Fool
Wed, Apr 16
Other
GCC Banks Can Cope With Fallout From Intensifying Trade Tensions, Report Says- S&P Global Ratings
April 16 (Reuters) - S&P GLOBAL RATINGS:GCC BANKS CAN COPE WITH FALLOUT FROM INTENSIFYING TRADE TENSIONS, REPORT SAYS - S&P GLOBAL RATINGSGCC BANKS APPEAR TO BE IN A GOOD POSITION TO WITHSTAND THESE THREATS"MARKET VOLATILITY AND INVESTOR RISK AVERSION ARE THE MOST IMMINENT THREATS, BUT B...Reuters
Wed, Apr 16
Economic Indicator
EUR/USD bounces back as investors doubt USD’s safe-haven appeal
EUR/USD recovers strongly to near 1.1390 during European trading hours on Wednesday after a slight correction on Tuesday. The major currency pair strengthens as the US Dollar (USD) resumes its downside journey after a short-lived recovery move.
Fxstreet
Wed, Apr 16
Economic Indicator
China open to talks if Trump shows respect – Bloomberg
Citing a person familiar with the Chinese government’s thinking., Bloomberg reported on Wednesday that China is willing to sit across the table with the US. However, Beijing has some preconditions for the trade negotiations.
Fxstreet
Wed, Apr 16
Stocks
Exane trims estimates on Europe's real estate but less than others
** Exane BNP Paribas cuts its estimates across European real estate companies, pointing to modest risks to earnings and property values** Still, the broker says the cut is less severe than in other corporate sectors** Though the impact of tariffs on the sector is limited, trade policy uncertainty an...Reuters
Wed, Apr 16
Other
Heineken beats first quarter forecasts as tariff risks loom
Heineken keeps FY guidance, analysts welcome strong startQ1 volumes and revenues beat forecastsBrewer warns of tariff risks as trade war escalatesBy Emma Rumney LONDON, April 16 (Reuters) - Heineken HEIN.AS reported forecast-beating first-quarter sales on Wednesday and maintained its annual guida...Reuters
Wed, Apr 16
Other
Google faces 5 billion pound UK lawsuit for abusing dominance in online search
April 16 (Reuters) - Alphabet's GOOGL.O Google is being sued in the UK for potential damages worth more than 5 billion pounds ($6.64 billion) alleging the company abused its dominant market position in the online search industry.($1 = 0.7526 pounds)Reuters
Wed, Apr 16
Stocks
Tesla down on report Trump tariffs disrupt parts sourcing from China for robotaxi, Semi truck
** Shares of electric vehicle maker Tesla TSLA.O> down 1.8% at $249.52 premarket** Reuters reports Tesla's plans to ship components from China for Cybercab robotaxi and Semi electric trucks to the U.S. were suspended after President Donald Trump raised tariffs on Chinese goods, citing a perso...Reuters
Wed, Apr 16
Forex
EUR/JPY advances to near 162.00 as Euro receives support from real money flows
EUR/JPY rebounds after two consecutive sessions of losses, trading near 162.00 during Wednesday’s European hours. The currency cross strengthens as the Euro (EUR) gains traction against its peers, supported by real money flows as investors hedge Dollar exposure or repatriate US assets.
Fxstreet
Wed, Apr 16
Cryptocurrencies
Why Does This Bitcoin Cycle Feel So Boring? Analyst Weighs In
On the higher time frame, Bitcoin appears to still be in a bearish market with the asset recording a 21.7% decrease away from its all-time high (ATH) above $109,000 recorded in January. However, when slightly zoomed in, it is seen that the asset is seeing a gradual and steady rebound surging 6.8% in...NewsBTC
Wed, Apr 16
Economic Indicator
BoC set to leave interest rate unchanged amid rising inflation and US trade war
All the attention is expected to be on the Bank of Canada (BoC) this Wednesday, as market experts widely anticipate the central bank to maintain its interest rate at 2.75%, halting seven consecutive interest rate cuts.
Fxstreet
Wed, Apr 16
Stocks
PREVIEW: Travelers to report drop in Q1 EPS; results due before the bell
** Shares of Travelers Cos TRV.N are nearly flat Tues afternoon, with the insurer due to report a drop in Q1 EPS when it posts results before the bell on Wed** On February 11, Travelers said it sees $1.7 bln of pre-tax catastrophe losses from the California wildfires in January, an event which some ...Reuters
Wed, Apr 16
