News
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Commodities
TECHNICALS-NY coffee may retrace into $3.1785-$3.4310 range in Q2
For more technical analyses, please click SINGAPORE, April 7 (Reuters) - New York coffee KCc2 may retrace into a range of $3.1785 to $3.4310 per lb in the second quarter of 2025, as suggested by its wave pattern and a projection analysis. A big wave (C) from $1.45 seems to have completed around...Reuters
Mon, Apr 7
Other
Indonesia wants fair and equal relationship with U.S., President says
JAKARTA, April 7 (Reuters) - Indonesia wants a fair and equal relationship with the U.S., and will pursue diplomacy to address a 32% tariff rate imposed by the Trump administration, President Prabowo Subianto said on Monday.Reuters
Mon, Apr 7
Forex
FOREX-Yen, Swiss franc rise on safety bids as Trump tariff fallout grips markets
Investors scoop up the yen and Swiss francAussie hits five-year low, cryptocurrencies slideMarkets leaning toward Fed cut in MayBy Rae Wee SINGAPORE, April 7 (Reuters) - Investors poured into safe havens like the yen and Swiss franc on Monday and heavily sold the risk-sensitive Australian dollar ...Reuters
Mon, Apr 7
Stocks
Australian heavy rare earths miners rally on China export controls
By Melanie Burton MELBOURNE, April 7 (Reuters) - Australian-listed miners of heavy rare earths rallied on Monday, shrugging off major selloffs across other markets, on bets Western governments would renew their push to develop a separate supply chain after top producer China set down export contr...Reuters
Mon, Apr 7
Forex
China's yuan hits 2-1/2-month low as Sino-US trade tensions raise growth fears
SHANGHAI, April 7 (Reuters) - China's yuan slipped to a 2-1/2-month low against the dollar on Monday, dragged down by intensifying trade tensions between the world's two largest economies following tit-for-tat tariffs on each other's goods. The pace of declines in the yuan was somewhat...Reuters
Mon, Apr 7
Other
Wikipedia operator appeals Indian court's order to remove content, sources say
NEW DELHI, April 7 (Reuters) - The operator of online encyclopedia Wikipedia has challenged a New Delhi court's order to remove statements deemed defamatory from its page on a domestic news website, two sources with direct knowledge of the matter said on Monday.Last week's Delhi High Court r...Reuters
Mon, Apr 7
Cryptocurrencies
Solana (SOL) Freefall—Can It Hold Above The $100 Danger Zone?
Solana started a fresh decline below the $112 support zone. SOL price is now consolidating and might struggle to stay above the $100 support zone. SOL price started a fresh decline below $112 support zone against the US Dollar. The price is now trading below $105 and the 100-hourly simple moving ave...NewsBTC
Mon, Apr 7
Economic Indicator
Trump tariffs could slow euro growth by up to 1 percentage point, Greek central banker tells FT
April 7 (Reuters) - U.S. President Donald Trump's tariff measures could slow euro area economic growth by anywhere between 0.5 and 1 percentage points, Greek central bank governor Yannis Stournaras told the Financial Times in an interview published on Monday.Stournaras' comments come against...Reuters
Mon, Apr 7
Commodities
India sees no hit to projected growth from US tariffs, economists remain sceptical
Govt officials see tariff hikes not to hit 2025/26 growth targetPrivate economists cut growth forecasts by 20-40 basis pointsGovt considering aid for affected export sectors, say sources By Shivangi Acharya and Manoj Kumar NEW DELHI, April 7 (Reuters) - India may still meet its 6.3%-6.8% growth ...Reuters
Mon, Apr 7
Commodities
Ukrainian drone damages railway tracks in Russia's Krasnodar, regional authorities say
April 7 (Reuters) - A Ukrainian drone suppressed by Russia's air defence systems damaged railways tracks in the Krasnodar region, authorities of the region in Russia's southwest said on Monday. "There were no casualties, and no fire occurred," the administration of the region said in...Reuters
Mon, Apr 7
Commodities
REFILE-India FY26 growth projection holds despite US tariff disruptions; finmin official says
NEW DELHI, April 7 (Reuters) - India is likely to meet its projected growth target of 6.3%-6.8% for the fiscal year 2025/26 if oil prices remain below $70/barrel, despite global disruptions due to U.S. tariff announcements, a finance ministry official said.Reuters
Mon, Apr 7
Other
EXCLUSIVE-Iran-backed militias in Iraq ready to disarm to avert Trump wrath
Talks advanced between Iraq PM and militia chiefs - politicianMilitias form key pillar of Iran's weakened Axis of ResistanceGroups have attacked Israel and U.S. forces with rockets, dronesBy Ahmed Rasheed BAGHDAD, April 7 (Reuters) - Several powerful Iranian-backed militia groups in Iraq are ...Reuters
Mon, Apr 7
Technical Analysis
XRP Price Prediction: XRP hangs on a loose thread, deeper correction below $2 impending?
Ripple (XRP) is extending losses below the previous week’s critical level at $2.00, as United States (US) President Donald Trump doubled down on tariffs, stressing that America must solve the trade deficit before making a deal.
Fxstreet
Mon, Apr 7
Economic Indicator
Trump tariffs to slow Australia's economy but recession not expected, Treasurer says
SYDNEY, April 7 (Reuters) - Australia will be able to manage the direct impact of U.S. President Donald Trump's tariffs but economic growth will take a hit as the global economy slows, Treasurer Jim Chalmers said on Monday."We expect more manageable impacts on the Australian economy, but we ...Reuters
Mon, Apr 7
