News
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COLUMN-Pacific braces for conflict, eyes uncertain US position: Peter Apps
By Peter Apps LONDON, April 4 (Reuters) - On his first tour of Asia last week, U.S. Defense Secretary Pete Hegseth told service members on the Pacific territory of Guam they were not just the “tip of the spear” of efforts to deter a big war with China, but also literally “living in history”.Event...Reuters
Fri, Apr 4
Other
US Senate Republican calls top Democrat Chuck Schumer 'Fuhrer'
By Richard CowanWASHINGTON, April 3 (Reuters) - A Republican member of the U.S. Senate on Thursday called the chamber's top Democrat Chuck Schumer - the highest-ranking Jewish U.S. elected official - "Fuhrer," a reference to the title used by Adolf Hitler.Ohio Republican Bernie Moreno, w...Reuters
Fri, Apr 4
Forex
Australia, NZ dollars get reprieve as bears turn on USD; bonds surge
Australia longer-dated bonds boast their best day in two yearsMarkets price in 100 bp in rate cuts from RBA this yearKiwi briefly hits 4-month peak overnightBy Wayne Cole SYDNEY, April 4 (Reuters) - The Australian and New Zealand dollars looked to end a rough week on a steadier note on Friday aft...Reuters
Fri, Apr 4
Economic Indicator
Japan February household spending dips as inflation weighs
TOKYO, April 4 (Reuters) - Japanese household spending fell for the first time in three months in February, government data showed on Friday, highlighting consumer wariness in the face of high prices, but the decline was less than economists had feared.Lacklustre personal consumption is a source of ...Reuters
Fri, Apr 4
Other
US judge declines for now to block Trump 'gender ideology' arts grants ban
Judge denies arts groups' request to block Trump administration's wishes, for nowNational Endowment for the Arts paused policy implementation pending reviewPlaintiffs argue policy violates First Amendment rightsBy Nate Raymond April 3 (Reuters) - A federal judge on Thursday declined at th...Reuters
Fri, Apr 4
Forex
RPT-ANALYSIS-Emerging economies brace for Trump tariff 'turning point'
'Factory Asia' hardest hit by tariffsVietnam stocks, Sri Lanka debt, Asian currencies tumbleJPMorgan lowers EM FX, warns of enduring 'shock to sentiment''Gravitational shift' in global trade and investmentBy Rae Wee, Karin Strohecker and Libby George SINGAPORE/LONDON, Apri...Reuters
Fri, Apr 4
Other
Third 'Avatar' movie to introduce new adversaries on Pandora
By Lisa RichwineLAS VEGAS, April 3 (Reuters) - The next installment of the "Avatar" movie franchise will introduce a new challenge to the Sully family on the moon of Pandora, director James Cameron said as Walt Disney DIS.N unveiled the first footage from the film on Thursday."Avatar: Fi...Reuters
Fri, Apr 4
Cryptocurrencies
Trump’s so-called ‘Liberation Day’ may push the US into a recession
Experts warn that Donald Trump’s ‘liberation day’ tariffs can push an already weakening US economy into recession. The tariffs combine a 10% baseline duty with additional double-digit tariffs on key trading partners. Analysts note that the overall US tariff rate on imports would rise to 22%, a significant jump from the 2.5% seen last year. […]Cryptopolitan
Fri, Apr 4
Commodities
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, April 4 (Reuters) - Contract Target Support/Resistance Brent oil $69.36/$68.67res $70.48/$71.18Palm oil (3rd month)4,334/4,295res 4,449/4,500 ringgitWTI* $66.07/$65.37res $67.20/$67.60Spot gold$3,085/$3,065/$3,040res $3,130/$3,146LME copper (3rd m...Reuters
Fri, Apr 4
Stocks
GLOBAL MARKETS-Shares bruised, dollar crumbles as Trump tariffs stir 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 high, dollar weakensBy Rae Wee SINGAPORE, April 4 (Reuters) - Stocks limped to the end of the week on Friday, the dollar was set for its ...Reuters
Fri, Apr 4
Economic Indicator
BoJ’s Uchida says will raise rates if inflation rises and economy improves
Bank of Japan Deputy Governor Shinichi Uchida said on Friday that the central bank will raise interest rates if underlying inflation heightens against the background of continued improvements in the economy.Fxstreet
Fri, Apr 4
Stocks
I-Mab expected to post a loss of 11 cents a share - Earnings Preview
I-Mab IMAB.OQ IMAB.O is expected to report resultson April 7 (estimated) for the period ending September 30 2024LSEG's mean analyst estimate for I-Mab is for a loss of 11 cents per share. The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3...Reuters
Fri, Apr 4
Other
US Senate confirms Trump loyalist to lead Justice Department civil rights unit
Dhillon backs Trump push against DEI programsRepublican Murkowski votes against DhillonSenate confirms Sauer to be Solicitor GeneralBy Sarah N. Lynch WASHINGTON, April 3 (Reuters) - The Republican-controlled U.S. Senate on Thursday confirmed conservative lawyer Harmeet Dhillon, President Donald T...Reuters
Fri, Apr 4
Other
Trump's team advising against call with Putin until he agrees to full ceasefire, NBC News reports
WASHINGTON, April 3 (Reuters) - U.S. President Donald Trump's inner circle is advising him against a call with Vladimir Putin until the Russian president commits to a full ceasefire with Ukraine, NBC News reported on Thursday, citing administration officials.The report added that the official ca...Reuters
Fri, Apr 4
Cryptocurrencies
Glassnode Finds XRP Is Retail’s Top Pick This Cycle
On-chain data analytics firm Glassnode has identified an intriguing shift in retail investor preference, spotlighting XRP as a focal point of speculative interest. The findings, which come from Glassnode’s newly published report titled “Rippling Away,” reveal that while Bitcoin market indicators edg...NewsBTC
Fri, Apr 4
Cryptocurrencies
Pantera CEO Drops Bombshell: Bitcoin Should Be Worth $120,000 Today
Dan Morehead, CEO of Pantera Capital—a firm renowned for its pioneering role in digital asset investments since 2013—has delivered a bold valuation call for Bitcoin. According to Morehead, the world’s leading cryptocurrency should be trading above $120,000, potentially even surpassing $126,000, if r...Bitcoinist
Fri, Apr 4
Commodities
OPEC+ unexpectedly speeds up oil output hikes, oil drops
Eight OPEC+ members to hike output by 411,000 bpd in MayOil market had expected May hike of 135,000 bpdDecision may force compliance laggards to step up, analyst saysTrump has called on OPEC to lower oil pricesBy Olesya Astakhova, Ahmad Ghaddar and Alex Lawler LONDON/MOSCOW, April 3 (Reuters) - E...Reuters
Fri, Apr 4
Commodities
GRAINS-Soybeans set for biggest loss in over a month on demand worries
SINGAPORE, April 4 (Reuters) - Chicago soybean futures lost more ground on Friday, with the market heading for its biggest weekly drop in more than a month amid fears of potential retaliation by top importer China against U.S. tariffs. Corn and wheat futures edged higher. FUNDAMENTALS* The most-acti...Reuters
Fri, Apr 4
Other
Capital One's $35 billion deal for Discover clears US DOJ hurdle, NYT reports
April 3 (Reuters) - Capital One Financial Corp COF.N got the greenlight from the Justice Department for its proposed $35 billion acquisition of Discover Financial Services DFS.N, the New York Times reported on Thursday.The approval came after the DOJ told other regulators looking into the acquisitio...Reuters
Fri, Apr 4
