News
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Cryptocurrencies
XRP Breakout Alert! Could This Surge Send The Altcoin To $3?
XRP is probing critical support levels as the cryptocurrency market struggles with chronic volatility. The digital asset currently trades at $1.98, a daily trading volume of $10.50 billion and market value of $115 billion. Over the last 24 hours, XRP has declined by 7.7%, which mirrors larger market...NewsBTC
Fri, Apr 4
Other
London's Canary Wharf office vacancies hit new record, data shows
By Iain Withers LONDON, April 4 (Reuters) - Office vacancies in London's Canary Wharf district have reached a record high and could hit as much as 30% in the coming years if the area cannot find tenants to fill 2 million square feet of space becoming vacant, according to property data firm Co...Reuters
Fri, Apr 4
Other
TREASURIES-US yields fall to six-month lows on recession worries
SINGAPORE, April 4 (Reuters) - U.S. Treasury yields slid to multi-month lows on Friday, after President Donald Trump's larger-than-expected wall of tariffs around the world's largest economy stoked recession fears and sent traders ramping up bets of more Federal Reserve rate cuts.Investors f...Reuters
Fri, Apr 4
Commodities
Goldman cuts oil price forecasts amid tariff fears, higher OPEC+ supply
April 4 (Reuters) - Goldman Sachs lowered its forecast for Brent crude's average price this year by 5.5% to $69 a barrel and for WTI prices by 4.3% to $66, citing the risks of higher OPEC+ supply and the global trade war triggering a recession.The Wall Street brokerage also chopped its 2026 aver...Reuters
Fri, Apr 4
Forex
Australia, NZ dollars hit anew as risk sentiment sours, yields dive
Risk aversion sparks sharp reversal as AUD drops 1.3%Australia longer-dated bonds boast their best day in two yearsMarkets price in 100 bp of rate cuts from RBA this yearBy Wayne Cole SYDNEY, April 4 (Reuters) - The Australian and New Zealand dollars took a sharp turn lower on Friday as fresh los...Reuters
Fri, Apr 4
Stocks
UK Stocks-Factors to watch on April 4
April 4 - Britain's FTSE 100 .FTSE index is seen opening down on Friday, with futures FFIc1 down 0.28%.* RIO TINTO: An Australian mining union said it secured key pecuniary benefit from Rio Tinto RIO.AX, RIO.L and BHP Group BHP.AX for its workers in the Pilbara region, including flight delay com...Reuters
Fri, Apr 4
Other
PRESS DIGEST- New York Times business news - April 4
April 4 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- European Union regulators are preparing major penalties against Elon Musk's social media platform, X, for breaking a law to c...Reuters
Fri, Apr 4
Stocks
Japanese stocks tumble as banks slump on tariff jitters
By Junko Fujita and Ankur Banerjee TOKYO, April 4 (Reuters) - Japanese stocks sank on Friday to their lowest levels since last August, and were set for their sharpest weekly drop in five years, as fears of a global recession in the wake of U.S. President Donald Trump's sweeping tariffs grippe...Reuters
Fri, Apr 4
Stocks
GLOBAL MARKETS-Shares slide, US Treasuries rally as Trump tariffs unleash recession fears
Stocks struggle after global selloff on Trump's tariffsInvestors fear U.S. recession, ramp up bets on Fed rate cutsSafe-haven assets rise; gold near record highBy Rae Wee SINGAPORE, April 4 (Reuters) - Financial markets were gripped by recession fears as stocks extended a punishing global sel...Reuters
Fri, Apr 4
Economic Indicator
AUD/USD plummets below mid-0.6200s as trade-war fears lift RBA rate cut bets
The AUD/USD pair comes under intense selling pressure during the Asian session on Friday and retreats further from a nearly three-week high, around the 0.6400 neighborhood touched the previous day.
Fxstreet
Fri, Apr 4
Stocks
MORNING BID EUROPE-Wall Street has most to lose from trust lost
A look at the day ahead in European and global markets from Wayne ColeIt's been another day of pain in Asia with the Nikkei down 3% and a stomach-churning 9.6% for the week, the biggest drop since the pandemic hit in March 2020. Wall St futures started steady but have since slipped around 0.7% w...Reuters
Fri, Apr 4
Economic Indicator
Singapore disappointed with 10% tariffs, will seek negotiation with the US: trade minister
SINGAPORE, April 3 (Reuters) - Singapore's trade minister said the wealthy financial hub was disappointed that the U.S. had imposed a 10% tariff on its exports despite it having a free-trade agreement and running a trade deficit with the United States.Singapore could take countermeasures under t...Reuters
Fri, Apr 4
