News
Important Only
Cryptocurrencies
$9.41 Billion In Shorts At Risk Of Liquidation If Bitcoin Price Hits This Level
The crypto market is on high alert as the possibility of further upward momentum in the Bitcoin price threatens to trigger a massive wave of liquidations. New data suggests that $9.41 billion worth of short positions could be wiped out if Bitcoin reaches the $90,000 price high. Short Sellers Face Po...Bitcoinist
Wed, Apr 2
Other
Trump’s Liberation Day is upon us
Investing.com -- U.S. President Donald Trump’s reciprocal tariff announcement, now being called “Liberation Day”, is less than 24 hours away. Trump will be announcing the tariffs at the Rose Garden press conference event on Wednesday with cabinet members present, White House press secretary KarolinInvesting.com
Wed, Apr 2
Economic Indicator
RBA's Kent says will raise new OMO repo rate by 5bp to 10bp above cash rate target
Reserve Bank of Australia (RBA) Assistant Governor Christopher Kent late Tuesday outlined some changes to repo rates but stated that the changes have no implications for the stance of the bank's monetary policy.
Fxstreet
Wed, Apr 2
Other
White House to hold meeting on TikTok
WASHINGTON, April 1 (Reuters) - U.S. President Donald Trump will consider on Wednesday a final proposal related to TikTok ahead of an April 5 deadline for the app to find a non-Chinese buyer or face a U.S. ban, a White House official told Reuters.Reuters
Wed, Apr 2
Stocks
US STOCKS-S&P, Nasdaq end higher as Wall Street gyrates in Trump-tariffs limbo
April 1 (Reuters) - The S&P 500 and the Nasdaq Composite both closed higher on Tuesday, after a topsy-turvy day on Wall Street dominated by investor angst ahead of the impending tariff announcements from the Trump administration.Reuters
Wed, Apr 2
Other
US judge blocks Trump administration from firing federal employees on probation
By Daniel Wiessner April 1 (Reuters) - A federal judge on Tuesday said the administration of U.S. President Donald Trump cannot quickly fire thousands of probationary federal workers in 19 states and Washington, D.C., narrowing an earlier nationwide ruling. U.S. District Judge James Bredar in Bal...Reuters
Wed, Apr 2
Other
China drills around Taiwan continue, gives them code name 'Strait Thunder'
BEIJING/TAIPEI, April 2 (Reuters) - China's military on Wednesday launched military exercises code-named "Strait Thunder-2025A" in the middle and southern areas of the Taiwan Strait, continuing drills begun the previous day."The exercises focus on subjects of identification and verif...Reuters
Wed, Apr 2
Economic Indicator
US Treasury Sec. Bessent says Trump will announce a maximum for tariffs, countries can then bring them down
US Treasury Secretary Scott Bessent said late Tuesday that the amounts announced on Wednesday are the highest the tariffs will go. However, countries could then take steps to bring the tariffs down.Fxstreet
Wed, Apr 2
Stocks
NZ's Fisher & Paykel Healthcare jumps after Jefferies upgrades to 'buy'
** Shares of New Zealand's Fisher & Paykel Healthcare FPH.NZ rise as much as 2.9% to NZ$35.43, their highest levels since February 21** Analysts at Jefferies see the medical equipment maker mitigating impact of 25% U.S. tariffs on Mexican imports** Brokerage upgrades the medical equipment ma...Reuters
Wed, Apr 2
Forex
Mexico gov't sees economy growing at least 1.5% in 2025, draft budget shows
MEXICO CITY, April 1 (Reuters) - Mexico's government sees its economy growing between 1.5% and 2.3% this year and then between 1.5% and 2.5% in 2026, a draft budget from the country's finance ministry showed on Tuesday.Reuters
Wed, Apr 2
Commodities
EXCLUSIVE-Trump health layoffs include staff overseeing bird flu response, source says
Leaders, staff fired at FDA veterinary medicine centerLab employees test pet food for bird fluCutbacks also threaten testing of raw milk cheeseBy Leah Douglas and Tom Polansek April 1 (Reuters) - The Trump administration has fired staff who were working on the U.S. Food and Drug Administration...Reuters
Wed, Apr 2
Other
Princeton's US grants frozen, follows Trump actions against other schools
Princeton says it is committed to tackling antisemitismDepartment of Energy says pause linked to antisemitism probeTrump administration recently targeted Columbia, HarvardBy Kanishka Singh WASHINGTON, April 1 (Reuters) - Princeton University said on Tuesday the U.S. government froze several dozen...Reuters
Wed, Apr 2
Stocks
Why Rivian Stock Surged Today
Rivian (NASDAQ: RIVN) stock posted big gains in Tuesday's trading thanks to a pair of bullish catalysts. The electric vehicle (EV) company's shares ended the day up 6.4% amid the backdrop of a 0.3% gain for the S&P 500 and a 0.8% gain for the Nasdaq Composite.Rivian's valuation moved higher today fo...The Motley Fool
Wed, Apr 2
Forex
EUR/USD consolidates as traders holder their breath ahead of tariffs
EUR/USD stuck to familiar levels on Tuesday, churning chart paper close to the 1.0800 handle as investors brace for US President Donald Trump’s long-threatened “reciprocal” tariffs package, due to be announced on Wednesday at 1900 GMT (4 pm EST).
Fxstreet
Wed, Apr 2
