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Commodities
Shanghai base metals fall as US set to impose 104% tariffs on China
SHANGHAI, April 9 (Reuters) - Base metal prices in China fell on Wednesday, with copper hitting an eight-month low, as the looming 104% U.S. import tariff on Chinese goods heightened concerns about slowing growth.Reuters
Wed, Apr 9
Economic Indicator
Vietnam's deputy PM to meet US's Bessent, Boeing on Wednesday, schedule shows
Meeting confirmed by US senior officialMeeting is to possibly arrange future tariff talks, source saysDeputy PM Phoc set to meet SpaceX, Boeing, Apple this weekDPM to attend signing of Vietjet-KKR deal on jet financeBy Phuong Nguyen, Francesco Guarascio and David Lawder HANOI/WASHINGTON, April 9 ...Reuters
Wed, Apr 9
Economic Indicator
Elon Musk tags Milton Friedman as three Forbes Billionaires ask Trump to end Trade War
Tesla CEO, and Department of Government Efficiency lead, Elon Musk takes a stand against Trump’s tariffs positive a viral Milton Friedman video on X. Meanwhile other top Wall street billionaires have also launched media campaigns to avert the looming US trade war.Fxstreet
Wed, Apr 9
Stocks
Japan's Nikkei falls tracking Wall Street on growth worries
TOKYO, April 9 (Reuters) - Japan's Nikkei share average fell in a broad sell-off on Wednesday, tracking Wall Street's overnight declines on worries about slowing growth as the trade war between the United States and China intensified.The Nikkei index .N225 fell 2.62% to 32,147.04 by the midd...Reuters
Wed, Apr 9
Commodities
PRESS DIGEST- Financial Times - April 9
April 9 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.Headlines- Companies sued for 360 million pounds in damages over Grenfell Tower fire- UK financial watchdog cuts fees for first time in more than...Reuters
Wed, Apr 9
Commodities
Silver Price Forecast: XAG/USD holds above $29.50 amid tariff uncertainty
The Silver price (XAG/USD) recovers some lost ground to around $29.85 during the Asian trading hours on Wednesday. Analysts believe the recent correction could be a setup for a strong rebound amid rising trade tensions and recession fears.
Fxstreet
Wed, Apr 9
Stocks
EMERGING MARKETS-Rupiah hits fresh low, Asian stocks fall on US-China trade war
April 9 (Reuters) - Indonesia's rupiah dropped to a new alltime low on Wednesday while equities in Asian emerging markets fell sharply as the U.S. readied to impose 104% tariffs on Chinese goods, escalating a trade war between the world's two biggest economies.Stocks in Singapore .STI droppe...Reuters
Wed, Apr 9
Stocks
EMERGING MARKETS-Rupiah hits fresh low, Asian stocks fall on US-China trade war
April 9 (Reuters) - Indonesia's rupiah dropped to a new alltime low on Wednesday while equities in Asian emerging markets fell sharply as the U.S. readied to impose 104% tariffs on Chinese goods, escalating a trade war between the world's two biggest economies.Stocks in Singapore .STI droppe...Reuters
Wed, Apr 9
Stocks
Australian tech stocks track Wall Street plunge to erase Tuesday's gains
** Technology stocks .AXIJ lose as much as 3%, erasing most of the sub-index's 4.6% gains at close on Tuesday** Decline in tandem with Wall Street's overnight plunge, with S&P 500 closing below 5,000 points for the first time in almost a year, on negative investor sentiment and no signs ...Reuters
Wed, Apr 9
Stocks
ASX-listed Alcoa Corp drops to record low on tepid aluminium prices
** ASX-listed shares of aluminium giant Alcoa Corp AAI.AX fall as much as 10.2% to a record low of A$37.15** Aluminum prices fell 1.4% overnight as hopes for talks on tariffs between the U.S. and other countries faded after a White House official said the U.S. would impose a 104% tariff on China wit...Reuters
Wed, Apr 9
Other
Vietnam's deputy PM to meet Bessent, Boeing on Wednesday, schedule shows
By Phuong Nguyen, Francesco Guarascio and David Lawder HANOI/WASHINGTON, April 9 (Reuters) - Vietnam's Deputy Prime Minister is set to talk on Wednesday with U.S. Treasury Secretary Scott Bessent and plans also to meet Boeing, SpaceX and Apple executives this week, according to an internal sc...Reuters
Wed, Apr 9
Commodities
Jera Executive: Plans To Offtake 490,000 Metric Tons Of Ammonia Annually From U.S. Blue Point Project, Reflecting Its 35% Stake
April 9 (Reuters) - JERA EXECUTIVE: PLANS TO OFFTAKE 490,000 METRIC TONS OF AMMONIA ANNUALLY FROM U.S. BLUE POINT PROJECT, REFLECTING ITS 35% STAKEJERA EXECUTIVE: PLANS TO RECEIVE TAX CREDIT UNDER U.S. IRA FOR BLUE POINT PROJECTJERA EXECUTIVE:JAPAN'S JERA EXECUTIVE: BLUE POINT DEAL ALIGNS WITH...Reuters
Wed, Apr 9
Other
BREAKINGVIEWS-Chipmaking giants face triple tariff hit
By Robyn Mak HONG KONG, April 9 (Reuters Breakingviews) - Chipmakers will feel the heat of Donald Trump's tariff rampage. The exemption of semiconductors from the U.S. president's announced levies may not last. What's more, the blow to demand for phones and other consumer electronics ...Reuters
Wed, Apr 9
Cryptocurrencies
Bitcoin Price Takes Another Tumble—Is The Floor About to Crack?
Bitcoin price started a fresh decline below the $78,000 zone. BTC is now consolidating losses and might face resistance near the $77,800 zone. Bitcoin started a fresh decline below the $78,000 zone. The price is trading below $78,500 and the 100 hourly Simple moving average. There is a connecting be...NewsBTC
Wed, Apr 9
Forex
AUD/NZD sticks to intraday gains around 1.0800 after RBNZ’s expected 25 bps rate cut
The AUD/NZD cross regains positive traction during the Asian session on Wednesday, though it struggles to capitalize on the move and remains confined in the previous day's broader range. Spot prices retreat a few pips after the Reserve Bank of New Zealand (RBNZ) announced its policy decision and...
Fxstreet
Wed, Apr 9
Other
Taiwan rattled by 5.8 magnitude quake, no reports of damage
TAIPEI, April 9 (Reuters) - A deep, 5.8 magnitude earthquake struck Taiwan's rural northeastern county of Yilan on Wednesday, the island's weather administration said, with no reports of damage.The quake, which shook buildings in capital Taipei, had a depth of 72.4 km (45 miles), the weather...Reuters
Wed, Apr 9
Stocks
Taiwan hopes for quick agreement with US on tariffs issue
TAIPEI, April 9 (Reuters) - Taiwan's hopes that it can come to a quick agreement with the United States to resolve the tariffs issue and last weekend already approached Washington to discuss the issue, a senior Taiwanese official said on Wednesday.Taiwan has responded to U.S. President Donald Tr...Reuters
Wed, Apr 9
