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Forex
CAD little changed overnight – Scotiabank
The Canadian Dollar (CAD) is little changed. Spot nudged up to the 1.44 area in overnight trade but remains close to yesterday’s closing levels as markets settle into a holding pattern ahead of US tariffs and the global response to them, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Fxstreet
Tue, Apr 1
Other
DIARY-Political and General News Events from April 1
April 1 (Reuters) - For other diaries, please see:Political and General News POL/DIARYTop Economic Events M/DIARYEmerging Markets Economic Events EMRG/DIARYGovernment Debt Auctions D/DIARYU.S. Federal Reserve FED/DIARYToday in Washington WASH/DIARY --------...Reuters
Tue, Apr 1
Cryptocurrencies
Bitcoin and Tron fuel Russia’s darknet dominance, accounting for 97% of sales: report
Russian-language darknet marketplaces have strengthened their dominance and account for over 97% of cryptocurrency-enabled sales volume. According to a new report by blockchain intelligence firm TRM Labs, this is a 1% increase from 2023. The data shows that Bitcoin and Tron remain the cryptocurrencies of choice for these markets. This comes as overall cryptocurrency-enabled online […]Cryptopolitan
Tue, Apr 1
Stocks
Axsome falls on depression drug's trial setback
** Drugmaker Axsome Therapeutics' AXSM.O shares fall 3.1% to $113 premarket** AXSM says it will narrow the focus of a late-stage study of its depression drug after it did not show statistically significant improvement in the overall group of patients** However, it helped reduce symptoms in some ...Reuters
Tue, Apr 1
Stocks
Hovde Group upgrades FB Financial to 'outperform' following Southern States Bancshares deal
** Hovde Group upgrades regional lender FB Financial FBK.N to "outperform" from "market perform" following announcement of $381 million deal to acquire community bank Southern States Bancshares SSBK.O ** Brokerage expects strong levers for better growth at FBK than peers and improvem...Reuters
Tue, Apr 1
Other
Looming trade tariffs have yet to hit demand for flights, Walsh says
LONDON, April 1 (Reuters) - The head of global airlines body IATA said threatened U.S. trade tariffs were unlikely to halt a post-COVID surge in travel demand, and that President Donald Trump's approach could ultimately be positive for the industry."It's additional uncertainty which we n...Reuters
Tue, Apr 1
Other
Connect Biopharma Announces Positive Type C Meeting With The FDA For Rademikibart
April 1 (Reuters) - Connect Biopharma Holdings Ltd CNTB.O:CONNECT BIOPHARMA ANNOUNCES POSITIVE TYPE C MEETING WITH THE FDA FOR RADEMIKIBARTCONNECT BIOPHARMA HOLDINGS LTD - TRIALS EXPECTED TO INITIATE IN Q2 2025CONNECT BIOPHARMA HOLDINGS LTD - DATA FROM RADEMIKIBART PHASE 2 TRIALS EXPECTED IN H1 2026Reuters
Tue, Apr 1
Other
Gri Bio Inc - IDMC Recommends Continuation Of Study With No Safety Concerns
April 1 (Reuters) - GRI Bio Inc GRI.O:GRI BIO REPORTS ENCOURAGING INTERIM 2-WEEK SAFETY RESULTS FROM ONGOING PHASE 2A STUDY OF GRI-0621 IN IDIOPATHIC PULMONARY FIBROSIS (“IPF”)GRI BIO INC - IDMC RECOMMENDS CONTINUATION OF STUDY WITH NO SAFETY CONCERNSGRI BIO INC - GRI-0621 SAFE AND WELL-TOLERATED IN...Reuters
Tue, Apr 1
Forex
CANADA FX DEBT - Canadian dollar weakens, benchmark yield slips
The Canadian dollar weakened against the greenback on Tuesday, and the yield on benchmark government debt slipped. The loonie CAD= was trading 0.1% lower at C$1.4395 to the greenback, or 69.47 U.S. cents, after trading in a range of 1.4367 to 1.4404.Canadian government 10-year bond yields CA10YT=RR ...Reuters
Tue, Apr 1
Stocks
Should You Buy Ethereum While It's Down 45% This Year?
The crypto market hasn't been doing well this year, and Ethereum (CRYPTO: ETH) has had one of the steeper drops. It's down 45% year-to-date at the time of this writing.Even after that decline, Ethereum is still the second-largest cryptocurrency by market cap. The glass-half-full outlook is to look a...The Motley Fool
Tue, Apr 1
Commodities
Oil and biofuel coalition to meet with EPA on Tuesday
Newly-formed oil and biofuel coalition set to meet with EPA Group to push for higher blending mandates for bio-mass diesel Target is 5.5 to 5.75 billion gallons, up from 3.35 billionTruck stop and fuel retailers boycott over dispute in tax policyBy Jarrett RenshawWASHINGTON, April 1 (Reuters) - A co...Reuters
Tue, Apr 1
Other
Roblox announces new ad format, Google partnership to boost advertising business
By Zaheer Kachwala April 1 (Reuters) - Roblox RBLX.N on Tuesday launched a new format of video advertising on its gaming platform and announced a partnership with Google GOOGL.O to help boost the growth of its nascent ad business.Gamers can choose to watch video advertisement, up to 30 seconds lo...Reuters
Tue, Apr 1
Other
Cerebras Systems, Ranovus win $45 million US military deal to speed up chip connections
By Stephen Nellis SAN FRANCISCO, April 1 (Reuters) - Cerebras Systems, a Silicon Valley-based AI chip company, and Canadian chip startup Ranovus said on Tuesday that they had been awarded a $45 million contract from the U.S. military to speed up connections between computing chips.Cerebras, which...Reuters
Tue, Apr 1
Stocks
LIVE MARKETS-At the quarter pole, low volatility sets the pace
U.S. equity index futures modestly red: Dow off most, down ~0.5%Euro STOXX 600 index rallies >1%Dollar, gold edge up; bitcoin up ~1.5%; crude ~flatU.S. 10-Year Treasury yield slides to ~4.16%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share y...Reuters
Tue, Apr 1
Other
FACTBOX-Tesla targeted by vandalism over Musk's right-wing activism
April 1 (Reuters) - Tesla TSLA.O cars, infrastructures and offices have become targets of vandalism in several countries in response to CEO Elon Musk's right-wing activism.Musk, a close ally of U.S. President Donald Trump and head of the U.S. Department of Government Efficiency, has stirred cont...Reuters
Tue, Apr 1
