News
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Cryptocurrencies
Federal Reserve rules out liquidity injection, expects Trump’s actions to kill rate cut plans
The US Federal Reserve will not inject more liquidity into the system anytime soon, even if the job market slows down. Officials said the inflation risks tied to President Donald Trump’s new tariffs are too big to ignore and they’re not rushing into decisions that could undo the work they’ve done fighting inflation since 2022. […]Cryptopolitan
Fri, Apr 11
Economic Indicator
French Finance Minister Lombard: No EU decision yet on taxing US digital services
WARSAW, April 11 (Reuters) - European finance ministers have not taken any decision yet on whether to tax U.S. digital services as a response to Washington, French Finance Minister Eric Lombard said on Friday after a meeting of EU finance ministers in Warsaw to discuss a response to the U.S. tariffs...Reuters
Fri, Apr 11
Other
US judge rejects call to withdraw from real estate antitrust lawsuit
By Mike Scarcella April 11 (Reuters) - A federal judge in Missouri declined a request that he withdraw from hearing a major antitrust lawsuit after disclosures showed lawyers in the case previously donated to political campaigns involving the judge’s wife.In an order on Thursday, U.S. District Ju...Reuters
Fri, Apr 11
Stocks
MACOM Technology Solutions gets "buy" rating as Truist initiates coverage
** Brokerage Truist starts coverage on MACOM Technology Solutions MTSI.O with "buy" rating and $125 PT** Brokerage says MTSI is a leading company in the radio frequency (RF) segment of the semiconductor industry, which is growing at 5% per year** Brokerage believes MTSI has several growth op...Reuters
Fri, Apr 11
Stocks
Janus Henderson fund manager says investors should cut exposure to stocks as recession looms
Janus Henderson recommends 55% equities, 45% bonds amid recession fearsTariffs threaten global growth, prompting shift to investment-grade bondsPotential recovery catalysts in Europe and China include fiscal stimulusBy Saeed AzharNEW YORK, April 10 (Reuters) - Janus Henderson, which manages $379 bil...Reuters
Fri, Apr 11
Stocks
LIVE MARKETS-Time to 'defend' your portfolio with defensive stocks
Main US equity indexes modestly red: Dow off ~0.5%Cons disc down most among S&P sectors; Materials lead gainersEuro STOXX 600 index down ~0.2%Dollar falls; crude up; gold jumps ~2%; bitcoin up ~3%U.S. 10-Year Treasury yield jumps to ~4.54%Welcome to the home for real-time coverage of markets bro...Reuters
Fri, Apr 11
Cryptocurrencies
Trump Crypto Drama Heats Up: Lawmakers Call For Clearer Crypto Rules
Crypto is in the spotlight, as members of the US House Financial Services Committee met this week to tackle regulation reform. At centerstage is none other than the US President himself, Donald Trump, and his various engagements and ventures in cryptocurrency and Defi. Lawmakers from both sides of t...Bitcoinist
Fri, Apr 11
Other
CORRECTED-Canadian exporters inquire on trade insurance as Trump's tariffs heighten risk
Allianz Trade in Canada seeing almost 10% jump in inquiries Trade credit insurance taken up by very few Canadian exportersUncertainty around tariffs holding up insurance salesInsurers expect higher demand in a few monthsBy Promit Mukherjee OTTAWA, April 10 (Reuters) - A little-known insurance pro...Reuters
Fri, Apr 11
Stocks
South African rand recovers against weaker dollar but risks remain
Risk-sensitive rand advances after turbulent weekCurrency at mercy of trade war and local politicsBy Tannur Anders and Sfundo Parakozov JOHANNESBURG, April 11 (Reuters) - The South African rand gained ground against a weaker dollar on Friday, but analysts said it remained susceptible to twists i...Reuters
Fri, Apr 11
Other
WRAPUP 2-US bank profits rise, but executives raise more tariff warnings
Banks warn tariffs could slow economic growthExecutives highlight consumer and corporate caution amid tariff uncertaintyBanks report record revenue from stock tradingBy Nupur Anand, Saeed Azhar and Tatiana Bautzer NEW YORK, April 11 (Reuters) - Profits at major U.S. banks beat forecasts in the fi...Reuters
Fri, Apr 11
Other
Lower oil prices could sink Ecopetrol's full-year profits by $2.8 billion, president warns
BOGOTA, April 11 (Reuters) - Lower oil prices could bring Colombian state-run oil firm Ecopetrol's profits down by up to 12 trillion pesos ($2.76 billion) this year, the company's president warned on Friday.Ecopetrol may also have to scrap production at some fields and focus on those with lo...Reuters
Fri, Apr 11
Stocks
UBS upgrades Newmont as stronger gold prices to drive cash returns, valuation
Investing.com -- UBS upgraded Newmont Corporation to “Buy” from “Neutral” and raised its price target to $60 per share, citing a more supportive macro backdrop for gold and potential for sustained shaInvesting.com
Fri, Apr 11
Technical Analysis
GBP/USD rallies past 1.3000 as China escalates trade-war with US
The Pound Sterling extends its gains versus the US Dollar as the US-Sino trade war escalates, with China imposing 125% tariffs on US goods. Trade policies continue to drive price action, with economic data taking a backseat. At the time of writing, the GBP/USD trades at 1.3067, up 0.77%.
Fxstreet
Fri, Apr 11
Other
Germany's Merz set to be elected chancellor on May 6, source says
BERLIN, April 11 (Reuters) - Friedrich Merz, leader of the conservative German party CDU is set to be elected chancellor on May 6, a party source said on Friday.The source added that the conservatives and their centre-left SPD partners had agreed on the date.Reuters
Fri, Apr 11
Other
Soccer-Man United don't have big enough squad to rotate, says Amorim
April 11 (Reuters) - The Premier League may have little left to offer Manchester United this season, while they are still involved in Europe, but they do not have a big enough squad to make wholesale changes, manager Ruben Amorim said on Friday.United's Europa League quarter-final tie is still v...Reuters
Fri, Apr 11
Stocks
EMERGING MARKETS-Latam currencies head for weekly losses; Argentina-IMF deal in focus
Mexico to send water to Texas farmers amid tensions with USBrazil's inflation in-line with expectations in MarchMexico industrial production up 2.5% in FebruaryEcuador presidential vote due on Sunday By Johann M Cherian April 11 (Reuters) - Most Latin American currencies were on track for we...Reuters
Fri, Apr 11
Stocks
Why Recursion Pharmaceuticals Stock Is Skyrocketing Today
Shares of Recursion Pharmaceuticals (NASDAQ: RXRX) were skyrocketing around 20% higher as of 11 a.m. ET on Friday. The big gain for the biotech stock came after the U.S. Food and Drug Administration (FDA) announced on Thursday that it plans to replace the use of animals in testing drugs with "more e...The Motley Fool
Fri, Apr 11
