News
Important Only
Economic Indicator
Trump says not looking at tariff pause, will talk to China
WASHINGTON, April 7 (Reuters) - U.S. President Donald Trump said on Monday he was not looking at a pause on tariffs to allow for negotiations with trading partners but said he would talk to China, Japan and other countries about the duties.Asked during a White House press availability with Israeli P...Reuters
Mon, Apr 7
Stocks
Why U.S. Steel Stock Surged 14% in a Turbulent Market Today
The markets are swooning in response to President Trump's global tariff rollout plan. The Dow Jones Industrial Average (DJINDICES: ^DJI), S&P 500 (SNPINDEX: ^GSPC), Nasdaq Composite (NASDAQINDEX: ^IXIC), and Russell 2000 each hit 52-week lows today.Another move by Trump has shares of U.S. Steel (NY...The Motley Fool
Mon, Apr 7
Forex
US Treasury Secretary Bessent to head trade talks with Japan - Nikkei
TOKYO, April 8 (Reuters) - U.S. Treasury Secretary Scott Bessent will lead trade negotiations with Japan, the Nikkei newspaper reported on Tuesday.Under Bessent, Washington is likely to discuss dollar/yen moves with Tokyo as well as trade, the Nikkei said, citing unnamed U.S. Treasury Department sou...Reuters
Mon, Apr 7
Technical Analysis
Gold price sinks below $3,000 as USD surges, tariff turmoil stirs recession fears
Gold (XAU) price prolongs its agony and plummets by over 2% on Monday as investors seeking safety bid the US Dollar, with US trade policy fueling speculation of a global recession. XAU/USD trades at $2,971, its lowest level since mid-March, below $3,000.
Fxstreet
Mon, Apr 7
Other
UK's Starmer vows to cut trade barriers with key partners
LONDON, April 7 (Reuters) - Britain will fight to secure an economic partnership with the United States while also working to lower trade barriers with key partners around the world in the wake of Donald Trump's tariffs, Prime Minister Keir Starmer said on Monday.Starmer has sought to secure a d...Reuters
Mon, Apr 7
Commodities
CBOT corn ends higher after back-and-forth trade
CHICAGO, April 7 (Reuters) - Chicago Board of Trade corn futures settled up Monday after a seesaw trading session with a barrage of headlines on the sweeping tariffs imposed by U.S. President Donald Trump on U.S. imports. CBOT May corn CK25 closed up 4-1/4 cents at $4.64-1/2 a bushel.Trump said he w...Reuters
Mon, Apr 7
Commodities
BofA sees more volatility as tariffs unfold, cuts Copper and Aluminium forecasts
Investing.com -- Bank of America warned of rising volatility across metals markets due to ongoing trade tensions, cutting its 2025 copper and aluminium price forecasts and citing uncertainty around U.Investing.com
Mon, Apr 7
Cryptocurrencies
Binance founder CZ becomes strategic advisor to Pakistan's Crypto Council
The Pakistan Crypto Council appointed Binance founder and former CEO Changpeng Zhao (CZ) as a strategic advisor on Monday to provide guidance on crypto infrastructure, education and adoption for the Pakistani government and private companies.Fxstreet
Mon, Apr 7
Other
TREASURIES-Yields rebound on optimism over tariff deals
Treasury yields higher on day on tariff optimismTwo-year yields earlier reach lowest since September 2022Tariff uncertainty expected to keep market volatileBy Karen Brettell NEW YORK, April 7 (Reuters) - U.S. Treasury yields rebounded on Monday and 10-year yields were on track for their largest d...Reuters
Mon, Apr 7
Other
Boeing settles lawsuits with two 737 MAX crash victims' families
By David Shepardson April 7 (Reuters) - U.S. planemaker Boeing Co BA.N reached settlements with the families of two people who died in the March 2019 crash of an Ethiopian Airlines Boeing 737 MAX on the eve of a trial, the company and lawyers for the families said on Monday.Terms of the settlemen...Reuters
Mon, Apr 7
Commodities
CBOT soybeans end higher after whipsawing trading session
CHICAGO, April 7 (Reuters) - Chicago Board of Trade soybean futures ended higher on Monday after a seesawing trading session with shifting news on sweeping tariffs imposed by the Trump administration. U.S. President Donald Trump threatened to impose an additional 50% duty on U.S. imports from China ...Reuters
Mon, Apr 7
Cryptocurrencies
XRP Price Retracement Could Deepen To Mid-2024 Levels, Here’s The Best Time To Buy
Crypto analyst John has revealed that the XRP price retracement could deepen to mid-2024 levels. As part of his analysis, the analyst also mentioned the best time to buy as investors look to accumulate amid this crypto market crash. XRP Price Retracement Could Deepen To Mid-2024 Levels In a TradingV...Bitcoinist
Mon, Apr 7
Commodities
US EIA delays short-term outlook report amid oil market downturn
By Shariq Khan NEW YORK, April 7 (Reuters) - The U.S. Energy Information Administration said on Monday it is delaying publication of the "Short-Term Energy Outlook" (STEO) report, amid a plunge in oil prices to near four-year lows over growing concerns of a global recession.The report, sc...Reuters
Mon, Apr 7
Other
US and Iran in direct talks over nuclear program, Trump says
By Steve HollandWASHINGTON, April 7 (Reuters) - President Donald Trump said on Monday that the U.S. and Iran are participating in direct talks over the Middle Eastern country's nuclear program."We're having direct talks with Iran, and they've started. It'll go on Saturday. We hav...Reuters
Mon, Apr 7
Commodities
Canadian National Railway receives arbitrator's decision for new agreement
April 7 (Reuters) - Canadian National Railway CNR.TO said on Monday it had received an arbitrator's decision regarding the terms of its new collective agreement with the Teamsters Canada Rail Conference (TCRC), which represents about 6,000 rail workers.The new agreement replaces the previous thr...Reuters
Mon, Apr 7
Other
CoStar, real estate website competitor end trade-secret lawsuit
By Blake Brittain April 7 (Reuters) - Real-estate listing website owner Move Inc has agreed to end a lawsuit that accused rival CoStar Group CSGP.O of poaching one of its former employees to steal its trade secrets, according to a Monday filing in California federal court.The filing said that Mov...Reuters
Mon, Apr 7
Other
Remaining Afghanistan, Yemen aid hit by new Trump administration cuts, sources say
Humanitarian aid to dozens of countries cut during the weekendWorld Food Program targeted in cuts by Elon Musk's DOGE Tens of millions of people - especially women, children - at riskBy Jonathan Landay and Patricia Zengerle WASHINGTON, April 7 (Reuters) - President Donald Trump's administ...Reuters
Mon, Apr 7
Other
Deals of the day-Mergers and acquisitions
April 7 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1920 GMT on Monday:** President Donald Trump on Monday directed a powerful U.S. national security panel to take a fresh look at Nippon Steel's 5401.T bid for U.S. Steel X.N to help determine if "fur...Reuters
Mon, Apr 7
Forex
US Treasury Secretary Bessent to head trade talks with Japan - Nikkei
TOKYO, April 8 (Reuters) - U.S. Treasury Secretary Scott Bessent will lead trade negotiations with Japan, the Nikkei newspaper reported on Tuesday.Under Bessent, Washington is likely to discuss dollar/yen moves with Tokyo as well as trade, the Nikkei said, citing an unnamed U.S. Treasury Department ...Reuters
Mon, Apr 7
