News
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Commodities
Gold price moves away from multi-week low set on Monday; climbs to $3,000 mark
Gold price (XAU/USD) regains some positive traction during the Asian session on Tuesday and for now, seems to have snapped a three-day losing streak from a nearly four-week low, around the $2,957-2,956 area touched the previous day. US President Donald Trump's sweeping reciprocal tariffs...
Fxstreet
Tue, Apr 8
Other
Grab Says Piloting Shared Saver In Singapore From April
April 8 (Reuters) - Grab Holdings Ltd GRAB.O:GRAB -PILOTING SHARED SAVER IN SINGAPORE FROM APRIL, & PLAN TO SCALE TO OTHER CITIES IN COMING MONTHS-WEBSITEGRAB: SHARED SAVER ALLOWS USERS TO HOP ONTO SOMEONE ELSE’S ORDER AND SHARE DELIVERY FEESource text: [ID:]Reuters
Tue, Apr 8
Forex
Trump won't get 'Plaza Accord'-type dollar deal, says ex-Japan FX diplomat
US needs China, Europe buy-in for 'Mar-a-Lago Accord' to workFX intervention, even if coordinated, less effective nowTariff damage to Japan's economy may be bigger than expectedSharp yen rise likely remains a risk for Japan policymakersBOJ should keep raising rates, but not now, Shinohar...Reuters
Tue, Apr 8
Commodities
Japan's Sumitomo Metal forecasts larger global nickel supply surplus in 2025
TOKYO, April 8 (Reuters) - The global nickel market is expected to see a larger surplus this year due to continued production expansion in Indonesia, Japan's largest nickel smelter Sumitomo Metal Mining (SMM) 5713.T said on Tuesday.The surplus is projected at 215,000 metric tons in 2025, compare...Reuters
Tue, Apr 8
Other
Singapore PM says US universal tariff doesn't look open for negotiation
SINGAPORE, April 8 (Reuters) - Singapore Prime Minister Lawrence Wong on Tuesday said a 10% universal tariff rate imposed by U.S. President Donald Trump does not look open for negotiation.“We are very disappointed by the U.S. move, especially considering the deep and longstanding friendship between ...Reuters
Tue, Apr 8
Other
Electricity Generating Announces Investment In 251 MW Pinnacle Ii Renewable Portfolio In Usa
April 8 (Reuters) - Electricity Generating PCL EGCO.BK:INVESTMENT IN 251 MW PINNACLE II RENEWABLE PORTFOLIO IN USAACQUIRE 49% OWNERSHIP INTEREST IN PORTFOLIO OF 2 RENEWABLE ENERGY PROJECTS IN U.S.Reuters
Tue, Apr 8
Other
Investcorp Capital Sells Its US Industrial Real Estate Portfolio For $360 Million
April 8 (Reuters) - INVESTCORP CAPITAL PLC ICAP.AD:ANNOUNCE SALE ITS US INDUSTRIAL REAL ESTATE PORTFOLIOSELLS PORTFOLIOS FOR AN AGGREGATE SALE PRICE OF $360 MILLIONPORTFOLIO SPANS SIX INVESTMENTS ACROSS SIX STATES AND 2.3 MILLION SQUARE FEETReuters
Tue, Apr 8
Other
INDIA BONDS-India bond yields rise slightly tracking US Treasuries; traders eye RBI policy
By Khushi Malhotra MUMBAI, April 8 (Reuters) - Indian government bond yields were marginally higher in early deals on Tuesday, tracking a sharp uptick in U.S. peers, even as the local central bank's monetary policy decision remains a major trigger.The benchmark 10-year bond yield IN067934G=CC...Reuters
Tue, Apr 8
Cryptocurrencies
Cardano (ADA) Eyes Resistance Break—Failure Could Spark Fresh Losses
Cardano price started a recovery wave above the $0.5680 zone. ADA is consolidating near $0.60 and remains at risk of more losses. ADA price started a recovery wave from the $0.510 zone. The price is trading below $0.620 and the 100-hourly simple moving average. There is a connecting bearish trend li...NewsBTC
Tue, Apr 8
Stocks
BREAKINGVIEWS-China will struggle to deal with its overcapacity
By Ka Sing ChanHONG KONG, April 8 (Reuters Breakingviews) - China’s exports will be squashed by Donald Trump’s tariffs, regardless of whether the U.S. president hits them with an extra 50% levy as he threatened on Monday. The problem for Beijing is that consumers in the People's Republic will ne...Reuters
Tue, Apr 8
Stocks
Sri Lankan shares rebound, tracking Asian peers on trade optimism
April 8 (Reuters) - Sri Lankan shares rose over 3% on Tuesday, tracking gains in Asian peers, on hopes that Washington is willing to negotiate some of the tariffs it has imposed on trading partners.The CSE All Share Index .CSE was last up 3% at 15,099.90, with gains led by financial stocks.Asian sto...Reuters
Tue, Apr 8
Other
Trump says US, Iran set for direct nuclear talks; Tehran says they will be indirect
Iran says indirect discussions will be held in Oman on Saturday Trump warns of danger if nuclear talks failIran claims its nuclear program for civilian purposesBy Steve Holland, Matt Spetalnick and Parisa Hafezi WASHINGTON, April 7 (Reuters) - President Donald Trump made a surprise announcement o...Reuters
Tue, Apr 8
Other
Borr Drilling Ltd says new contracts for rigs Thor, Gerd, Norve worth $120 million
April 8 (Reuters) - Borr Drilling Ltd BORR.N:BORR DRILLING LIMITED - CONTRACTING AND FLEET UPDATESBORR DRILLING LTD - NEW CONTRACTS FOR RIGS THOR, GERD, NORVE WORTH $120 MILLIONBORR DRILLING LTD - LONG-TERM CONTRACTS FOR RIGS ARABIA I, VALI TO GENERATE $48 MILLIONReuters
Tue, Apr 8
Technical Analysis
EUR/USD Price Forecast: Bulls have the upper hand while above 1.0900, 200-period EMA on H4
The EUR/USD pair regains positive traction during the Asian session on Tuesday, snapping a two-day losing streak and stalling the recent pullback from its highest level since September touched last week.
Fxstreet
Tue, Apr 8
Other
China advises Shein against shifting supply chain, Bloomberg News reports
April 8 (Reuters) - Fast-fashion retailer Shein is facing opposition from the Chinese government over its plans to shift some production out of the country, Bloomberg News reported on Tuesday, citing people familiar with the matter.China's Ministry of Commerce has reached out to Shein and other ...Reuters
Tue, Apr 8
Other
Iran foreign minister and US envoy Witkoff to lead talks in Oman, Iran state media says
DUBAI, April 8 (Reuters) - U.S.-Iran talks to be held on April 12 in Oman will be led by Iran's Foreign Minister Abbas Araqchi and U.S. presidential envoy Steve Witkoff, Iran's state media reported on Telegram on Tuesday.Reuters
Tue, Apr 8
