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Cryptocurrencies
Brazil, Egypt, and Singapore survive tariff onslaught, US starts to look like an emerging market
Trump is building a whole new structure and destroying other nations. With 20% or more tariffs, the EU, Japan, and South Korea are some of the US’s closest trading partners and longtime friends that are being hit the hardest. However, some nations like Brazil, Egypt, and Singapore are in a better place. The new taxes […]Cryptopolitan
Tue, Apr 8
Other
Golf-Seeing double - Danish twins to make Masters history
By Frank PingueAUGUSTA, Georgia, April 8 (Reuters) - Golf fans will be seeing double this week at Augusta National Golf Club with Denmark's Nicolai Hojgaard and slightly younger brother Rasmus set to become the first pair of twins to compete in the same Masters.If not for their hairstyles -- Ra...Reuters
Tue, Apr 8
Stocks
Europe Inc Q1 profits seen falling 2.2% amid tariff turmoil
April 8 (Reuters) - The outlook for European corporate health has deteriorated, the latest forecasts showed on Tuesday, heightening fears that a global trade war ignited by U.S. President Donald Trump's tariffs will hurt companies' earnings in the first quarter.European companies are expecte...Reuters
Tue, Apr 8
Other
US to impose additional tariffs on China from Wednesday, White House official says
WASHINGTON, April 8 (Reuters) - The United States will impose a 104% tariff on China from 12:01 AM ET (0401 GMT) on Wednesday, a White House official said after Beijing did not lift its retaliatory tariffs on U.S. goods by a noon Tuesday deadline set by U.S. President Donald Trump.Reuters
Tue, Apr 8
Forex
BoE's Lombardelli says it is still too soon to judge inflation impact of US tariffs
LONDON, April 8 (Reuters) - Bank of England Deputy Governor Clare Lombardelli said on Tuesday that it was still too soon to judge the inflation impact for Britain of U.S. President Donald Trump's tariffs amid ongoing responses from other countries.Growth was likely to be hurt by tariffs, while t...Reuters
Tue, Apr 8
Cryptocurrencies
XRP Breaks Out Of Head-And-Shoulders Pattern — Eyes Move Toward $1.30
XRP is trading at critical levels after dropping below the $2 mark on Sunday, following a wave of panic selling across the crypto market. The move came as global financial markets reacted sharply to aggressive new U.S. tariffs, escalating trade tensions and sending risk assets tumbling. XRP, like ma...NewsBTC
Tue, Apr 8
Cryptocurrencies
No Panic Selling In Sight As Bitcoin HODLers Remain Steady Amid Market Volatility
Bitcoin is struggling to reclaim the $80,000 level after a sharp and prolonged decline that has erased over 30% from its all-time high. Selling pressure continues to mount as trade war fears and macroeconomic instability rattle global financial markets. The uncertainty fueled by aggressive tariff po...Bitcoinist
Tue, Apr 8
Other
US should maintain current military presence in Europe, US general says
U.S. general says troops numbers should not be brought down in EuropeEurope concerned about Trump's support for continentLawmakers say would be mistake to remove troopsBy Idrees Ali WASHINGTON, April 8 (Reuters) - The top U.S. general in Europe said on Tuesday that the United States should ke...Reuters
Tue, Apr 8
Commodities
Paris wheat consolidates after two-week high
PARIS, April 8 (Reuters) - Euronext wheat consolidated below a two-week high on Tuesday, with prices curbed by a stronger euro but underpinned by easing tariff jitters and short-covering by some participants, traders and analysts said.May wheat BL2K5 on the Paris-based Euronext exchange settled unch...Reuters
Tue, Apr 8
Stocks
CVS taps former UPS executive as finance chief in turnaround push
By Bhanvi Satija April 8 (Reuters) - CVS Health CVS.N on Tuesday tapped former UPS executive Brian Newman for the role of finance chief, as new CEO David Joyner strengthens management ranks in his bid to turn around the company.After taking the helm in October, Joyner laid out cost-cutting plans ...Reuters
Tue, Apr 8
Commodities
REFILE-Keystone pipeline shut after leak in North Dakota
NEW YORK, April 8 (Reuters) - The Keystone oil pipeline from Canada to the United States was shut on Tuesday after a rupture was reported near Fort Ransom, North Dakota, the state's Department of Environmental Quality said.The pipeline will likely be shut until tomorrow at the earliest, said Bil...Reuters
Tue, Apr 8
Stocks
3 Big Bank Stocks Are Spiking Higher -- but Things Could Get Very Interesting on Friday
The stock market was having a strong day on Tuesday, with the Dow Jones Industrial Average (DJINDICES: ^DJI), S&P 500 (SNPINDEX: ^GSPC), and Nasdaq Composite (NASDAQINDEX: ^IXIC) all higher by about 2% as of 12:15 p.m. ET.However, the financial sector was one of the best-performing areas of the stoc...The Motley Fool
Tue, Apr 8
Technical Analysis
White House slaps 104% tariffs on China
The White House announced that 104% tariffs on China went into effect at noon Eastern Time, revealed Karoline Leavitt, Press Secretary, as retaliation for China's applying 34% duties on US exports. She added that tariffs will be collected starting on April 9th.Fxstreet
Tue, Apr 8
Stocks
U.S. STOCKS ON THE MOVE-Spire Global, Broadcom, AGCO
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes on Tuesday bounced back from a heavy selloff, led by technology stocks, on hopes of the U.S. opening up for negotiations on its aggressive tariffs. .N At...Reuters
Tue, Apr 8
Economic Indicator
REFILE-EXCLUSIVE-TSMC could face $1 billion or more fine from US probe, sources say
TSMC made chips for China's Sophgo that matched Huawei'sTSMC may have violated export control regulations in filling orders-sourcesCompanies can be fined up to twice the value of transactions for prohibited conductIt is unclear how and when the matter may be resolved By Karen Freifeld Apr...Reuters
Tue, Apr 8
Commodities
Europe Gasoline/Naphtha-Gasoline margins rise
LONDON, April 8 (Reuters) - Northwest European gasoline refining profit margins rose by a little over $1 a barrel on Tuesday, as April exports out of Europe are set for a rise month-on-month.A total of 10,000 metric tons of Eurobob E5 traded, with BP, Gunvor and Vitol selling to Litasco and Musket.J...Reuters
Tue, Apr 8
Other
UN chief rejects new Israeli plan to control Gaza aid
By Michelle NicholsUNITED NATIONS, April 8 (Reuters) - United Nations Secretary-General Antonio Guterres on Tuesday rejected a new Israeli proposal to control aid deliveries in Gaza, saying it risks "further controlling and callously limiting aid down to the last calorie and grain of flour."...Reuters
Tue, Apr 8
Other
Ice hockey-Ukraine support groups call on NHL to reject Russia collaboration
NEW YORK, April 8 (Reuters) - More than two dozen Ukrainian-American and Ukrainian-Canadian groups called on the NHL to reject any collaboration with the Russian Kontinental Hockey League, after talks between U.S President Donald Trump and Russian President Vladimir Putin.The Kremlin said last month...Reuters
Tue, Apr 8
