News
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Commodities
Europe Gasoline/Naphtha-Gasoline margins rebound as ARA stocks fall
LONDON, April 10 (Reuters) - Northwest European gasoline refining profit margins rose by more than $4 a barrel on Thursday to $12.12 as gasoline inventories in northwest Europe fell.A total of 8,000 metric tons of Eurobob E5 traded, with BP and Trafigura selling to Litasco, Musket and Trafigura.Anot...Reuters
Thu, Apr 10
Commodities
METALS-Copper rebounds on Trump tariff pause, but disquiet over China
By Eric Onstad LONDON, April 10 (Reuters) - Copper and other base metals prices rebounded sharply on Thursday along with other risk assets after most U.S. tariffs were paused for 90 days.Some investors were wary about the rally, however, since U.S. President Donald Trump doubled down in the trade...Reuters
Thu, Apr 10
Other
Former top Trump diplomat settles legal fee fight for $1.1 million
By Mike Scarcella and David Thomas April 10 (Reuters) - (Billable Hours is Reuters' weekly report on lawyers and money. Please send tips or suggestions to D.Thomas@thomsonreuters.com)The U.S. State Department has agreed to pay $1.1 million to settle a lawsuit over legal fees sought by a forme...Reuters
Thu, Apr 10
Other
Oil advocate withdraws nomination to lead US land bureau
By Nichola GroomApril 10 (Reuters) - Oil industry lobbyist Kathleen Sgamma has withdrawn herself from consideration to lead the U.S. Bureau of Land Management, U.S. Senator Mike Lee said on Thursday at a Senate hearing that was meant to discuss her nomination.Sgamma had been scheduled to appear befo...Reuters
Thu, Apr 10
Forex
Sterling strengthens on dollar, weakens on euro, British GDP up next
LONDON, April 10 (Reuters) - Sterling was buffeted by moves elsewhere on Thursday, jumping 1% against an under-pressure dollar and dropping more on the resurgent euro as currency markets swung in the aftermath of the previous day's shock postponement of some tariffs. Friday may see British-speci...Reuters
Thu, Apr 10
Commodities
Brazil briefs China on banned soy cargoes, official says
By Ana ManoSANTOS, April 10 (Reuters) - The Brazilian Agriculture Ministry sent documentation last Monday relative to soybean cargoes halted by China over plant health issues in January, an official said on Thursday.Hugo Caruso, vegetable products inspections director at the ministry, told Reuters o...Reuters
Thu, Apr 10
Stocks
LIVE MARKETS-US economy more like an emerging market -Loomis Sayles portfolio manager
Main US indexes pare losses some; Nasdaq off most, now down ~5%All S&P 500 sectors red; Energy, off >6%, weakest groupDollar slides ~1.8%; crude, bitcoin down >4%; gold up >2US 10-Year Treasury yield falls to ~4.34% Welcome to the home for real-time coverage of markets brought to you by...Reuters
Thu, Apr 10
Stocks
GLOBAL MARKETS-US stocks, dollar fall on lingering tariff worries, day after relief rally
US stocks, dollar fall further in afternoon tradingEurope, Asia stocks end higher after Trump pauses most tariffsBond market rout stabilizesBy Caroline Valetkevitch NEW YORK, April 10 (Reuters) - Major stock indexes extended sharp declines and the dollar weakened further in midday Thursday tradin...Reuters
Thu, Apr 10
Cryptocurrencies
DOGE Price on the Brink: Analysts See Drop Below $0.10 in June as XYZVerse (XYZ) Poised to Capture 80% of Crypto Holders by 2026
Dogecoin may be heading towards a sharp price drop, with analysts forecasting it could slip below ten cents in June due to increased market competition. Meanwhile, XYZVerse (XYZ) is emerging as a fierce contender, aiming to attract 80% of cryptocurrency holders by 2026. XYZVerse Sets a New Trend, Could This be the Next 50X Meme […]Cryptopolitan
Thu, Apr 10
Commodities
US Cash Grains-Corn, soy basis rise as farmer selling halts
CHICAGO, April 10 (Reuters) - Spot basis bids for corn and soybeans were steady to higher in the U.S. Midwest on Thursday as nearly nonexistent farmer selling led buyers to raise basis bids, dealers said.* The corn basis rose at an Iowa processor and an Iowa river terminal.* The soy basis rose at an...Reuters
Thu, Apr 10
Commodities
Restarting coal plants after Trump's executive orders makes no economic sense, report says
April 10 (Reuters) - U.S. President Donald Trump is advocating for increased coal production in the United States, however, reviving decommissioned coal plants to meet this goal makes "no economic sense", the Institute for Energy Economics and Financial Analysis (IEEFA) said on Thursday.Trum...Reuters
Thu, Apr 10
Other
CORRECTED-US intelligence investigating whether FBI involved in 2021 Capitol riot
Justice Department report debunks FBI involvement in Capitol attackFBI informants were present during Capitol riotGabbard forms task force to investigate intelligence community weaponizationBy Jonathan Landay WASHINGTON, April 9 (Reuters) - The top U.S. spy's chief of staff on Wednesday said ...Reuters
Thu, Apr 10
Other
Jialian Technologies Holdings Files For U.S. IPO
April 10 (Reuters) - Jialian Technologies Holdings:JIALIAN TECHNOLOGIES HOLDINGS INC FILES FOR US IPO - SEC FILINGJIALIAN TECHNOLOGIES HOLDINGS INC - APPLIES TO LIST CLASS A SHARES ON NASDAQ UNDER 'JLCN' - SEC FILINGJIALIAN TECHNOLOGIES HOLDINGS INC: AEGIS CAPITAL CORP IS THE UNDERWRITER TO ...Reuters
Thu, Apr 10
Cryptocurrencies
Historic Moment For Bitcoin? BTC Edges Closer To Shattering Longstanding 4-Year Cycle Theory
Bitcoin’s price may have rebounded briefly due to recent news following US President Donald Trump’s plans of a 90-day pause on all country tariffs except China. However, volatility continues to linger in the market, with BTC’s price stability being questioned as it struggles to bre...Bitcoinist
Thu, Apr 10
Cryptocurrencies
Solana Eyes $200 Target As It Gains Momentum – Recovery Could Mirror 3-Month Downtrend
Solana has staged an impressive comeback, rallying over 25% from its recent low of $95 earlier this week. The sharp move followed a major shift in macroeconomic sentiment after US President Donald Trump announced a 90-day pause on reciprocal tariffs for all countries except China, which was hit with...NewsBTC
Thu, Apr 10
Stocks
US airline stocks down after rallying on Trump's tariff pause
** Shares of some U.S. airline cos fall after rallying on Wednesday on President Donald Trump's 90-day pause on tariff plan** American Airlines AAL.O down 13%, United Airlines UAL.O down 11%, JetBlue JBLU.O down 13%, Southwest Airlines LUV.N down 10%** Delta Air Lines DAL.N down 11%; at least th...Reuters
Thu, Apr 10
