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Forex
CANADA FX DEBT-Canadian dollar posts biggest gain in three months on tariff pause
Canadian dollar gains 1.2% against the greenbackPosts biggest advance since January 20Price of U.S. oil settles 4.65% higherTwo-year yield touches a six-week highBy Fergal Smith TORONTO, April 9 (Reuters) - The commodity-linked Canadian dollar strengthened by the most in nearly three months again...Reuters
Wed, Apr 9
Stocks
CORRECTED-GLOBAL MARKETS-S&P 500 up 6%, dollar gains as Trump announces tariff pause excluding China
US Treasury yields pare gains after auctionTrump announcement drives stocks sharply higherBy Caroline ValetkevitchNEW YORK, April 9 (Reuters) - Major stock indexes shot higher on Wednesday, with the S&P 500 last up more than 6%, after U.S. President Donald Trump said he had authorized a 90-day p...Reuters
Wed, Apr 9
Other
Fed minutes show some officials favored steady balance sheet drawdown
Fed minutes reflect some opposition to downshift in balance sheet planMinutes show more on how Fed evaluating market liquidityFed continues to wrestle with market liquidity amid debt ceiling issuesBy Michael S. Derby April 9 (Reuters) - The Federal Reserve’s decision to dramatically decelerat...Reuters
Wed, Apr 9
Cryptocurrencies
US Senate votes (51-45) to proceed with Paul Atkins’ nomination to the SEC
The Senate has voted (51- 45) to move forward with a vote on Paul Atkins’s nomination as the SEC chairman. Now, the upper chamber is set to hold a final vote on Atkins as soon as this evening. This vote reduces discussion and speeds up the decision-making process. 🚨NEW: The Senate has voted (51-45) to […]Cryptopolitan
Wed, Apr 9
Technical Analysis
Forex Today: The release of US CPI grabs all the attention
The Greenback reversed its initial loses to three-day lows and ended the session virtually unchanged in response to a late recovery fuelled by President Trump’s announcement of a 90-day delay on reciprocal tariffs.
Fxstreet
Wed, Apr 9
Stocks
Why Palantir Stock Is Skyrocketing Today
Palantir (NASDAQ: PLTR) stock is seeing massive gains in Wednesday's trading. The software specialist's share price was up 18.2% as of 3:20 p.m. ET, amid an 8.5% gain for the S&P 500 and a 9.9% rally for the Nasdaq Composite.Palantir stock is surging today after President Donald Trump announced a 90...The Motley Fool
Wed, Apr 9
Other
US judges block Trump's Venezuelan deportations that used 1798 wartime law
Texas and New York judges block deportationsJudges' rulings only apply to migrants still in the USTrump administration sent 238 Venezuelans to El Salvador prisonACLU plans to challenge deportations district by districtBy Luc Cohen and Ted Hesson NEW YORK, April 9 (Reuters) - U.S. judges in Te...Reuters
Wed, Apr 9
Commodities
VW quarterly results plunge on US tariffs, EU carbon rules, restructuring
BERLIN, April 9 (Reuters) - Volkswagen VOWG.DE said the uncertainty caused by U.S. President Donald Trump's tariffs was among the factors leading its operating results to plunge to 2.8 billion euros ($3.07 billion) in the first quarter from 4.6 billion last year.Results at Europe's largest c...Reuters
Wed, Apr 9
Commodities
CBOT wheat ends higher as tariff pause announced
April 9 (Reuters) - Chicago Board of Trade wheat futures closed up on Wednesday as President Donald Trump said the U.S. would put a 90-day pause on many of the sweeping tariffs announced last week. CBOT May soft red winter wheat WK25 settled up 2-1/4 cents at $5.42-1/4 per bushel. K.C. May hard red ...Reuters
Wed, Apr 9
Other
US Postal Service seeks to hike stamp prices to 78 cents
By David Shepardson WASHINGTON, April 9 (Reuters) - The United States Postal Service said on Wednesday it wants to raise the price of first-class mail stamps to 78 cents from 73 cents effective July 13.The proposal, which must be approved by the Postal Regulatory Commission, would raise overall m...Reuters
Wed, Apr 9
Economic Indicator
Fed minutes show broad sense US risks tilted towards higher inflation, slower growth
Key readout from March 18-19 meeting shows broad sense of higher inflation, slower growthSome Fed officials were concerned about difficult tradeoffs for the central bankPolicymakers in March expected two rate cuts in 2025By Howard SchneiderWASHINGTON, April 9 (Reuters) - U.S. Federal Reserve policym...Reuters
Wed, Apr 9
Commodities
Venezuela's oil flows again, after a week of panic
Tankers return to ports to finish loading a week after pause, delaysCrude cargoes set sail, destinations include India and ChinaCuba has benefited, to receive more cargoes this month April 9 (Reuters) - Many buyers of Venezuelan oil have resumed loading crude onto tankers after a week-long hiatus...Reuters
Wed, Apr 9
Commodities
US Plains HRW Wheat-Basis bids flat amid slow selling
CHICAGO, April 9 (Reuters) - Spot basis bids for hard red winter wheat were unchanged in the U.S. Plains states on Wednesday as farmer selling was slow and industry players monitored dryness in the U.S. wheat belt, dealers said. * Wheat futures ticked higher on weather risks, a weakening dollar a...Reuters
Wed, Apr 9
Commodities
GRAINS-Soy surges 2%; corn, wheat rally after Trump pauses most tariffs
By Renee Hickman and Julie Ingwersen CHICAGO, April 9 (Reuters) - U.S. soybean futures soared by 2% on Wednesday while corn and wheat closed higher, rallying along with crude oil CLc1 and equity markets after U.S. President Donald Trump said he would pause the tariff increases he anno...Reuters
Wed, Apr 9
Stocks
Gold miners rise as bullion heads for best day since October 2023
** Shares of gold miners rise, tracking prices of bullion, which pared earlier gains but was still set for its best day since October 2023 GOL/ ** Spot gold XAU= up 3.4% at $3,085.50/ounce, helped by safe-haven inflows amid escalating U.S.-China trade tensions as U.S. President Donald Trump further ...Reuters
Wed, Apr 9
Stocks
Major US insurers jump as Trump announces 90-day tariff pause
** Shares of U.S. insurers jump after President Donald Trump says he has authorized a 90-day tariff pause for many countries, effective immediately** MetLife MET.N jumps 8.3%, Prudential Financial PRU.N rises 8.16%, Travelers TRV.N up 4.2% and American International Group AIG.N up 6.6%** Trump, howe...Reuters
Wed, Apr 9
Cryptocurrencies
Ethereum May Be Headed To $1,200 – Can ETH Make A Comeback? Analysts Explain
Ethereum (ETH) has plunged 30% over the past two weeks, reflecting broader weakness across the crypto market as the global economy reels from escalating tariff wars. Crypto analyst Ali Martinez warns that ETH could fall even further in the near term, potentially testing the $1,200 level. More Pain F...NewsBTC
Wed, Apr 9
Commodities
CBOT soybeans rally on news of tariff pause
CHICAGO, April 9 (Reuters) - Chicago Board of Trade soybean futures traded near flat, then shot higher near the end of the session on Wednesday as U.S. President Donald Trump announced a 90-day pause on the tariff increases he announced last week for most countries, even as he raised them on China.C...Reuters
Wed, Apr 9
Stocks
PRECIOUS-Gold rises, eyes best day since October 2023 as tariff war heats up
Trump announces 90-day pause on new tariffsU.S. to impose 125% tariffs on ChinaMarch Fed minutes show broad sense of higher inflationSpot gold up more than $400 this yearBy Brijesh Patel April 9 (Reuters) - Gold climbed more than 2% on Wednesday and was poised for its best day since October 2...Reuters
Wed, Apr 9
