News
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China calls US tariffs 'bullying', urged others to continue with consultation
By Liz Lee BEIJING, April 7 (Reuters) - Threats and pressure are not the right way to deal with China, a Chinese foreign ministry spokesperson said on Monday after describing U.S. President Donald Trump's "reciprocal tariffs" as bullying.The tariffs are "typical unilateralism and ...Reuters
Mon, Apr 7
Other
Germany's Scholz discusses tariff response with CDU, SPD party heads, source says
BERLIN, April 7 (Reuters) - Germany's outgoing Chancellor Olaf Scholz is discussing how to respond to U.S. President Donald Trump's tariff measures with the heads of the CDU and SPD parties, a source told Reuters on Monday.The two parties are in talks to form Germany's next coalition gov...Reuters
Mon, Apr 7
Stocks
U.S. STOCKS ON THE MOVE-Dollar Tree, Alcoa, Howmet Aerospace
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8U.S. stock index futures slumped on Monday and the S&P 500 was poised to confirm a bear market as investors barreled into government bonds on worries over the fallout of U.S. President D...Reuters
Mon, Apr 7
Stocks
SNAPSHOT-India stocks, rupee, swaps, call at close
April 7 (Reuters) - STOCKS:The benchmark BSE Sensex .BSESN was down 2.9% to 73,137.90, while the broader NSE index .NSEI declined 3.2% to 22,161.60, as the Trump administration's tariff onslaught continued to send global markets into a tailspin. .BORUPEE: The Indian rupee INR=IN closed at 85.835...Reuters
Mon, Apr 7
Stocks
SNAPSHOT-India stocks, rupee, swaps, call at close
April 7 (Reuters) - STOCKS:The benchmark BSE Sensex .BSESN was down 2.9% to 73,137.90, while the broader NSE index .NSEI declined 3.2% to 22,161.60, as the Trump administration's tariff onslaught continued to send global markets into a tailspin. .BORUPEE: The Indian rupee INR=IN closed at 85.835...Reuters
Mon, Apr 7
Forex
FOREX-Investors seek refuge in dollar, yen as tariff fallout grips markets
Investors scoop up the yen and Swiss francAussie steadies after hitting five-year lowMarkets leaning toward Fed cut in MayBy Rae Wee and Yadarisa Shabong SINGAPORE, April 7 (Reuters) - Investors poured into safe havens such as the dollar, yen and Swiss franc on Monday as the market rout from U.S....Reuters
Mon, Apr 7
Cryptocurrencies
Ethereum (ETH) & Dogecoin (DOGE) Whales Back Emerging Mutuum Finance (MUTM) Tech as Innovation Wows Traders
As Ethereum (ETH) hovers around $1,814 and Dogecoin (DOGE) stands at $0.072, whales from both ecosystems are making a notable shift toward Mutuum Finance (MUTM). Mutuum Finance (MUTM) is showing strong performance growth in the decentralized finance (DeFi) sector through its dual-lending model innovation. The fourth phase of Mutuum Finance presale continues while this high-growth […]Cryptopolitan
Mon, Apr 7
Stocks
3 Reasons Lucid Stock Is Sliding Despite Record Q1 Deliveries
It might seem like investors in Lucid Group (NASDAQ: LCID) can't catch a break these days. After years of disappointing results, slow delivery growth, and production hiccups and delays, the young electric vehicle (EV) maker finally seemed to have momentum and growth on its side.But despite announcin...The Motley Fool
Mon, Apr 7
Stocks
Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
It's shaping up to be another rocky week of trading, and the volatility will probably keep Cathie Wood busy. The co-founder, CEO, and ace stock picker for Ark Invest tends to be active when the market's moving one way or another. She bought shares in four different companies across her family of gro...The Motley Fool
Mon, Apr 7
Commodities
RPT-COLUMN-Funds cling to bullish corn bets ahead of US tariff chaos: Braun
By Karen Braun NAPERVILLE, Illinois, April 6 (Reuters) - Speculators held on to their bullish Chicago corn bets in the days leading up to last Wednesday's U.S. tariff reveal.However, they still notched their sixth consecutive week as net sellers of the yellow grain as geopolitical uncertainti...Reuters
Mon, Apr 7
Other
Ukraine's Kryvyi Rih mourns victims of Russian missile strike
By Dan Peleschuk KYIV, Ukraine, April 7 (Reuters) - A central Ukrainian city held vigils on Monday starting three days of mourning for 11 adults and nine children killed by a Russian missile last week, as one of deadliest attacks on civilians in months jeopardised Washington's ceasefire push....Reuters
Mon, Apr 7
Stocks
Norway sovereign wealth fund to keep 70% of funds in stocks, finance minister says
OSLO, April 7 (Reuters) - Norway's $1.6 trillion sovereign wealth fund will maintain its goal of investing 70% of its assets in the stock market, Finance Minister Jens Stoltenberg said on Monday following a plunge in global equities. "We must maintain the political guidelines and stay at ...Reuters
Mon, Apr 7
Other
Morning News Call - U.S., April 7
To access a PDF version of this newsletter, please click hereYou can read Morning News Call -- US via TOPNEWS U.S. Companies page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-pageFor Morning News Call Ca...Reuters
Mon, Apr 7
Commodities
FACTBOX-Deutsche Bank raises average gold price forecasts for 2025 and 2026
April 7 (Reuters) - Deutsche Bank raised its average gold price forecasts for 2025 and 2026 to $3,139 and $3,700 per ounce respectively, driven by recent economic and geopolitical developments globally.The bank had previously forecast an average price of $2,725 for this year, and $2,900 for 2026. ...Reuters
Mon, Apr 7
Economic Indicator
Consequences for the USD exchange rates are reversed – Commerzbank
A reasonably normal tariff policy would cause the dollar to appreciate. Why? Because US consumers would prefer to consume US goods instead of imported goods, and US companies would prefer to install US machinery. After all, no tariffs would have to be paid on that.Fxstreet
Mon, Apr 7
Other
Volkswagen's Audi holding cars in U.S. ports due to autos tariff
BERLIN, April 7 (Reuters) - Volkswagen's VOWG_p.DE Audi is holding back cars that arrived in U.S. ports after April 2 because of the newly imposed 25% autos tariff, a spokesperson said on Tuesday, confirming the contents of a memo sent to dealers and reported on by U.S. trade publication Automot...Reuters
Mon, Apr 7
Cryptocurrencies
Red Monday Rises, Bitcoin Falls to $76K: Why is Crypto Down and What are the Best Altcoins to Buy in the Bear Market?
It’s a Red Monday rising, with carnage across the crypto world. Bitcoin, Ethereum, and pretty much every other major token tumbled in a sudden $500B crypto market wipeout. Stock markets around the world are experiencing downturns not seen since the dark days of COVID, with red across the board. On F...Bitcoinist
Mon, Apr 7
Other
CORRECTED-Spain pushes to expand aid plan for industries hit by U.S. tariffs
MADRID, April 7 (Reuters) - Spanish Economy Minister Carlos Cuerpo said on Monday he would push the European Union to approve aid for industries hit by US tariffs at a meeting of EU trade ministers to be held that day.Spain on Thursday was one of the few major economies to offer up a concrete soluti...Reuters
Mon, Apr 7
