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Forex
FOREX-Dollar fighting for footing as trade talks begin
Yen climbs into U.S.-Japan trade talksSterling hits 6-month high, buoyed by potential trade dealBoC meeting eyed, 40% chance of a rate cutBy Tom Westbrook SINGAPORE, April 16 (Reuters) - The dollar struggled to hold a small bounce on Wednesday, with the franc, euro and yen heading higher and ster...Reuters
Wed, Apr 16
Commodities
GRAINS-Soybeans slip on tariff woes, ample South American supply
CANBERRA, April 16 (Reuters) - Chicago soybean futures fell for a third session on Wednesday, slipping further from Monday's seven-week high amid strong supply from South America and as tariffs strangle Chinese demand for U.S. beans. Corn and wheat futures also fell despite a renewed weakening o...Reuters
Wed, Apr 16
Stocks
1 Wall Street Analyst Thinks JPMorgan Chase Stock Is Going to $260. Is It a Buy?
One analyst believes JPMorgan Chase (NYSE: JPM) stock isn't the bargain it once was. He substantially lowered his price target on the "Big Four" U.S. bank last week, yet he remains bullish on its prospects. Here's a detail or several about his new take on the company, and whether his positive outloo...The Motley Fool
Wed, Apr 16
Stocks
INDIA STOCKS-Indian shares steady, outperform regional peers as investors weigh tariff impact
April 16 (Reuters) - India's benchmark indexes were flat on Wednesday, holding recent gains as strong domestic fundamentals and limited U.S. trade exposure helped them outperform regional peers.The Nifty 50 .NSEI and BSE Sensex .BSESN eased 0.2% each at 23,292.30 and 76,571.6, respectively as of...Reuters
Wed, Apr 16
Cryptocurrencies
Crypto Comeback? Germany’s Next Ruling Party Reverses Its Stance
Germany’s Christian Democratic Union (CDU) has radically altered its position on cryptocurrency from critic to advocate in the run-up to the formation of the nation’s new government. The political party, once a leader in advocating hardline regulations against digital assets, now seeks t...Bitcoinist
Wed, Apr 16
Commodities
US softens calls for Ukraine payments on war aid, Bloomberg News reports
April 16 (Reuters) - The United States appears to have tempered demands for Ukraine to pay for aid received during its war with Russia during talks over an economic deal between the two nations, Bloomberg News reported on Wednesday, citing people familiar with the matter. Following a round of negoti...Reuters
Wed, Apr 16
Other
Technip Energies Awarded FEED Contract In Australia
April 16 (Reuters) - Technip Energies NV TE.PA:TECHNIP ENERGIES AWARDED A FEED CONTRACT FOR JET ZERO’S SUSTAINABLE AVIATION FUEL PROJECT IN AUSTRALIAPROJECT TO PRODUCE 102 MILLION LITERS OF SAF ANNUALLY BY 2028CO'S AND LANZAJET TECHNOLOGIES TO BE USED IN PROJECTReuters
Wed, Apr 16
Technical Analysis
ZKsync suffers security breach; hackers steal $5 million worth of ZK tokens
ZKsync (ZK), an Ethereum layer-2 scaling solution, reported on Tuesday that its admin wallet had been compromised. The hacker then minted 111 million unclaimed ZK tokens worth $5 million. The ZK token price dipped nearly 19% and closed at a 5% loss that day.Fxstreet
Wed, Apr 16
Economic Indicator
FACTBOX-Global banks cut China growth forecasts as trade war deepens
SHANGHAI, April 16 (Reuters) - Global investment banks are lowering their projections for China's economic growth this year as U.S. President Donald Trump's aggressive tariffs are expected to take a toll on the world's second-largest economy.Some of the banks had upgraded their forecasts...Reuters
Wed, Apr 16
Commodities
VEGOILS-Palm oil falls for third day on weak rival oils, strong exports limit losses
JAKARTA, April 16 (Reuters) - Malaysian palm oil futures extended losses into a third session on Wednesday, dragged down by lacklustre performances in Chicago soyoil and Dalian vegetable oils, while strong export data and weakness in the ringgit currency limited losses.The benchmark palm oil contrac...Reuters
Wed, Apr 16
Cryptocurrencies
Cardano (ADA) Pressure Mounts—More Downside on the Horizon?
Cardano price started a fresh decline from the $0.680 zone. ADA is consolidating near $0.620 and remains at risk of more losses. ADA price started a recovery wave from the $0.5850 zone. The price is trading below $0.640 and the 100-hourly simple moving average. There is a connecting bearish trend li...NewsBTC
Wed, Apr 16
Technical Analysis
USD/CAD Price Forecast: Breaks below 1.3950 as bearish bias prevails
The USD/CAD pair slips slightly after posting gains in the previous session, trading near 1.3940 during Wednesday’s Asian session. Technical analysis on the daily chart indicates a prevailing bearish trend as the pair continues to move lower within a descending channel.
Fxstreet
Wed, Apr 16
Stocks
EMERGING MARKETS-Stocks fall on tariff woes, baht near 6-month high
MSCI emerging Asia stocks fallStocks in Malaysia and the Philippines fallThai baht rallies to near 6-month highOther Asian currencies drift sidewaysBy Sameer Manekar April 16 (Reuters) - Stock markets in emerging Asia slipped on Wednesday after Nvidia NVDA.O warned of a massive hit from U.S. chip...Reuters
Wed, Apr 16
Technical Analysis
Ripple Price Prediction: Exchange inflows surge as XRP slides, what comes next?
Ripple (XRP) corrected along with other major digital assets, including Bitcoin (BTC) and Ethereum (ETH), and traded at $2.08 at the time of writing on Wednesday. The drawdown cut across the crypto market, causing the total capitalization to drop 3.2% to $2.736 trillion.
Stocks
Spark and Infosys announce strategic IT collaboration
To accelerate Spark's strategy of enabling digital and AI-driven customer experiences Information Technology (IT) collaboration forms part of technology delivery model transformation Collaboration will contribute to reduced IT operating costs, supporting Sparks Operate Programme BENGALURU, In...PR Newswire
Wed, Apr 16
Economic Indicator
Gold price buying remains unabated; fresh all-time high and counting amid trade jitters
Gold price (XAU/USD) scales higher for the second straight day on Wednesday – also marking the fifth day of a positive move in the previous six – and touches a fresh record high, around the $3,283-3,284 area during the Asian session.
Fxstreet
Wed, Apr 16
Commodities
PRESS DIGEST-British Business - April 16
April 16 (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 - Investors have approved a plan by Aviva AV.L to cancel 450 million pounds ($596.30 million) of supposedl...Reuters
Wed, Apr 16
