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Cryptocurrencies
‘Odds Increasing’ Of US Bitcoin Buy In 2025 – Galaxy Analyst
Alex Thorn, Head of Research at Galaxy Digital, expressed a marked shift in his outlook regarding potential United States government purchases of Bitcoin in 2025. Writing on Sunday via X, Thorn underscored what he described as an evolving picture, stating, “It does seem increasingly likely that the ...Bitcoinist
Tue, Apr 8
Commodities
Aquila Group to open Middle East office in Abu Dhabi
By Yousef SabaDUBAI, April 8 (Reuters) - Hamburg-based investment firm Aquila Group is expanding its operations with a new office in Abu Dhabi in the United Arab Emirates as it targets growth opportunities in the Gulf and Middle East, it said on Tuesday.The new business, Aquila Capital Middle East, ...Reuters
Tue, Apr 8
Forex
China's yuan hits 2023 lows on signs PBOC is tolerant of some weakness
SHANGHAI, April 8 (Reuters) - China's yuan fell to its weakest level since 2023 on Tuesday after the central bank slightly loosened its grip on the currency in what analysts said was an attempt to counteract the blow to exports from an intensifying global trade war.
Reuters
Tue, Apr 8
Economic Indicator
WTI climbs back closer to mid-$61.00s; upside potential seems limited
West Texas Intermediate (WTI) US Crude Oil prices attract some buyers on Tuesday following the previous day's US tariffs-led volatile price swings and currently trade just below mid-$61.00s, up over 1% for the day.
Fxstreet
Tue, Apr 8
Commodities
PRESS DIGEST- Financial Times - April 8
April 8 (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- BoE asks banks whether clients have funding problems after Trump-induced market rout- Diageo swaps Ciroc vodka for LeBron James-backed...Reuters
Tue, Apr 8
Cryptocurrencies
Bitcoin Price Recovery In Play—But Major Hurdles Loom Large
Bitcoin price started a fresh decline below the $80,000 zone. BTC is now correcting losses and might face resistance near the $80,500 zone. Bitcoin started a fresh decline below the $80,000 zone. The price is trading below $81,500 and the 100 hourly Simple moving average. There is a connecting beari...NewsBTC
Tue, Apr 8
Commodities
TECHNICALS-CBOT soybeans to bounce to $9.97-1/4
For more technical analyses, please click SINGAPORE, April 8 (Reuters) - The CBOT soybean May contract SK25 is likely to bounce to $9.97-1/4 per bushel, driven by a wave e.The bounce triggered by the key support at $9.71-1/2 is taking the shape of a rising wedge, which could consist of five waves. T...Reuters
Tue, Apr 8
Economic Indicator
USD/INR extends the rally after Trump's latest tariffs threat
The Indian Rupee (INR) declines on Tuesday, erasing all its gains of 2025. Fears over global trade tensions escalated after China implemented retaliatory tariffs on US goods. The heightened uncertainty has triggered risk-off sentiment, leading to outflows from emerging markets, including India.Fxstreet
Tue, Apr 8
Stocks
INDIA STOCKS-India's benchmark Nifty set to rebound after $280 billion wipeout in three sessions
By Bharath Rajeswaran April 8 (Reuters) - India's benchmark Nifty 50 is set to open higher on Tuesday, rebounding after it logged its steepest single-day drop in 10 months as a U.S. tariff-fuelled selloff triggered anxiety among investors.The GIFT Nifty futures GIFc1 were trading at 22,683 as...Reuters
Tue, Apr 8
Stocks
Japan's Nikkei jumps 6%, rebounds from rout on market recovery hopes
TOKYO, April 8 (Reuters) - Japan's Nikkei share average climbed 6% on Tuesday, rebounding from a 1-1/2-year low hit in the previous session, as investors scooped up stocks, encouraged by signs of a recovery on Wall Street. As of 0202 GMT, the Nikkei index .N225 was up 6.5% at 33,161.72, while th...Reuters
Tue, Apr 8
Commodities
Trump orders fresh review of Nippon Steel's bid for US Steel
Biden administration blocked the deal on national security concernsCompanies welcome Trump's order to review their merger bid U.S. Steel, Nippon Steel share prices surge By Alexandra Alper and Satoshi Sugiyama April 7 (Reuters) - President Donald Trump on Monday directed a U.S. national secur...Reuters
Tue, Apr 8
Other
Trump administration food aid cuts put millions at risk, aid sources say
Humanitarian aid to 14 countries cut during the weekendWorld Food Programme targeted in cuts by Elon Musk's DOGE Tens of millions of people - especially women, children - at riskU.S. Senate wants answers from Secretary Rubio By Jonathan Landay and Patricia Zengerle WASHINGTON, April 7 (Reuter...Reuters
Tue, Apr 8
Economic Indicator
Japanese Yen trades with positive bias against USD; seems poised to appreciate further
The Japanese Yen (JPY) edges higher against its American counterpart during the Asian session on Tuesday and for now, seems to have stalled the previous day's sharp retracement from the vicinity of the multi-month peak.
Fxstreet
Tue, Apr 8
Stocks
Australia's CurveBeam AI rises as co fears no material impact from US tariffs
** Shares of CurveBeam AI CVB.AX rise as much as 6.8% to A$0.094, their biggest intraday pct gain since March 31** The medical equipment manufacturer says that it expects no material impact from tariffs announced by U.S. President Donald Trump** Co highlights that it conducts majority of its manufac...Reuters
Tue, Apr 8
Commodities
METALS-Base metal prices in China stabilise after selloff
SHANGHAI, April 8 (Reuters) - Base metal prices in China stabilised on Tuesday after the previous day's selloff, as market participants adopted a wait-and-see stance amid the escalating global trade war, which fuelled recession fears.The most-traded copper contract on the Shanghai Futures Exchan...Reuters
Tue, Apr 8
Commodities
New Zealand to stick to current economic plans despite US tariff concerns
WELLINGTON, April 8 (Reuters) - New Zealand will not revise its economic and fiscal plans despite the turmoil in the global financial markets triggered by U.S. President Donald Trump's tariff plans, Finance Minister Nicola Willis said on Tuesday.A global trade war touched off by Trump's swee...Reuters
Tue, Apr 8
Stocks
Australia's MTM Critical Metals gains on e-waste supply deal with US firm
** Shares of MTM Critical Metals MTM.AX rise 20% to A$0.150** Stock set for its strongest session since March 21, if current trend holds** MTM set to rise after falling for three consecutive sessions** Critical metals explorer signs an e-waste supply agreement with U.S.-based recycling firm Dynamic ...Reuters
Tue, Apr 8
Stocks
GLOBAL MARKETS-Japan leads Asian equity bounce, yields rise on trade optimism
Treasury Secretary Bessent to lead trade negotiations with JapanJapan's Nikkei surges 5.6%, JGB yields rise from 3-month lowsHong Kong equities gain despite Trump's hard line on BeijingCrude oil rebounds from nearly four-year lowsBy Kevin Buckland TOKYO, April 8 (Reuters) - Asian stocks b...Reuters
Tue, Apr 8
