News
Important Only
Forex
Japan will take appropriate action on excessive FX moves, finance minister says
TOKYO, March 7 (Reuters) - Japanese Finance Minister Katsunobu Kato reiterated on Friday that authorities would take appropriate action against excessive moves in the foreign exchange market."We've been seeing one-sided, rapid moves," Kato said at a regular press conference. "We'...Reuters
Fri, Mar 7
Other
SpaceX Starship failure prompts diversions, Florida airports ground stops
March 6 (Reuters) - The failure of a SpaceX Starship test flight on Thursday scattered debris over parts of the Caribbean, prompting numerous flight diversions around Turks and Caicos and ground stops at four Florida airports.The Federal Aviation Administration issued ground stops for flights depart...Reuters
Fri, Mar 7
Commodities
Russian says its troops capture another village in eastern Ukraine
MOSCOW, March 6 (Reuters) - The Russian Defence Ministry said on Thursday its forces had captured another village in eastern Ukraine as it advances westward through the region of Donetsk more than three years into its invasion of its smaller neighbour.A ministry statement said Russian forces had cap...Reuters
Fri, Mar 7
Cryptocurrencies
This Bitcoin Price Range Could Be The Bulls’ Final Defense Line, Report Says
A report from the on-chain analytics firm Glassnode has revealed a Bitcoin price region that could prove to be crucial for the bulls. Several Key Bitcoin Metrics Are Pointing At The Same Price Range Right Now In its latest weekly report, Glassnode has discussed the Bitcoin investor cost basis from v...NewsBTC
Fri, Mar 7
Other
Trump policy change prompts bid to dismiss foreign agent case
Attorney General seeks to limit foreign agent casesLawyers seek DOJ review of cases brought before Trump inaugurationFormer congressman accused of acting as unregistered Venezuelan agentBy Luc Cohen and Chris Prentice MIAMI, March 6 (Reuters) - After Attorney General Pam Bondi on her first day in...Reuters
Fri, Mar 7
Other
US judge reinstates Democratic labor board member fired by Trump
Decision restores quorum of three members to labor boardUS law limits reasons for removing NLRB members'An American President is not a king,' judge saysBy Daniel Wiessner March 6 (Reuters) - A federal judge on Thursday said U.S. President Donald Trump's firing of a Democratic member o...Reuters
Fri, Mar 7
Stocks
Japan's Nikkei falls, tracking Wall Street declines
TOKYO, March 7 (Reuters) - Japan's Nikkei share average fell on Friday, tracking Wall Street's overnight declines, with technology stocks dragging the index the most. As of 0015 GMT, the Nikkei .N225 was down 2% at 36,961.23, while the broader Topix .TOPX slipped 1.7% to 2,705.27.Wall Street...Reuters
Fri, Mar 7
Other
South Korea national security adviser asks US officials for tariff consultation
SEOUL, March 7 (Reuters) - South Korea's National Security Adviser Shin Won-sik asked U.S. officials for productive consultation over tariffs during a trip to Washington D.C., South Korea's presidential office said in a statement on Friday. Shin explained to U.S. officials about South Korea&...Reuters
Fri, Mar 7
Commodities
Costco misses quarterly profit estimates on rising merchandise costs
Costco says it could mix up supply chain if tariffs prove painfulCompany misses Wall Street expectations for second-quarter earningsRetailers throughout US bracing for potential trade wars as tariffs ramp upBy Neil J Kanatt, Nicholas P. Brown March 6 (Reuters) - Costco Wholesale COST.O would cons...Reuters
Fri, Mar 7
Forex
Trump signs order to establish strategic bitcoin reserve, White House crypto czar says
WASHINGTON, March 6 (Reuters) - U.S. President Donald Trump signed an executive order on Thursday to establish a strategic bitcoin reserve, White House crypto czar David Sacks said in a post on X.The reserve will be capitalized with bitcoin owned by the federal government that was forfeited as part ...Reuters
Fri, Mar 7
Commodities
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, March 7 (Reuters) - Contract Target Support/Resistance Brent oil $68.78/$68.35/$67.65res $70.13/$70.61Palm oil (3rd month)4,557 ringgitsup 4,462/4,435 ringgitWTI* $65.40/$64.59res $66.41/$66.89/$67.60Spot gold$2,894/$2,879res $2,927/$2,939LME copp...Reuters
Fri, Mar 7
Stocks
Smith & Wesson Brands Inc reports results for the quarter ended January 31 - Earnings Summary
Smith & Wesson Brands Inc SWBI.OQ reported quarterly adjusted earnings of 2 cents per share for the quarter ended January 31, lower than the same quarter last year, when the company reported EPS of 17 cents. The mean expectation of three analysts for the quarter was for earnings of 2 cents pe...Reuters
Fri, Mar 7
Forex
USD/JPY ratchets down again, retracement to lower ceiling
USD/JPY down to as low as 147.31 EBS yesterday on stops sub-148.00Bounce thereafter but limited to 148.38, seems sky falling for pairAsia 147.81-148.06, well below descending daily Ichimoku tenkan at 149.30Resistance today from flat hourly Ichi kijun at 148.31Still descending hourly Ichi cloud 149.0...Reuters
Fri, Mar 7
Stocks
DXP Enterprises Inc reports results for the quarter ended December 31 - Earnings Summary
DXP Enterprises Inc DXPE.OQ reported quarterly adjusted earnings of $1.29 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 95 cents. The lone analyst forecast for the quarter was for earnings of 89 cents per share. Revenue rose ...Reuters
Fri, Mar 7
Commodities
LIVESTOCK-CME hog futures rise on Mexico tariff reprieve; cattle tick lower
By Julie Ingwersen CHICAGO, March 6 (Reuters) - Chicago Mercantile Exchange lean hog futures rose on Thursday, joining strength in the grain markets after U.S. President Donald Trump temporarily exempted goods from Mexico from steep tariffs that he had imposed this week.Mexico is the largest buye...Reuters
Fri, Mar 7
Other
VW may avoid 25% Trump tariff, but BMW and others face trade levy
By Nora Eckert and Victoria Waldersee DETROIT, March 6 (Reuters) - Volkswagen VOWG_p.DE said on Thursday that its vehicles made in North America will likely avoid being subject to the 25% tariffs U.S. President Donald Trump has imposed on imports from Mexico and Canada, but other carmakers, inclu...Reuters
Fri, Mar 7
Other
Trump expands clash with law firms with order against Perkins Coie
Trump strips Perkins Coie of security clearances, targets contractsLaw firm has represented clients challenging TrumpPerkins Coie says it will challenge orderBy Trevor Hunnicutt and Mike Scarcella WASHINGTON, March 6 (Reuters) - U.S. President Donald Trump on Thursday signed an executive order su...Reuters
Fri, Mar 7
Other
Trump directs government to ask for bond in lawsuits challenging policies
By Jack Queen March 6 (Reuters) - President Donald Trump on Thursday signed an executive order aimed at imposing potentially steep costs on parties that seek to block his policies in court. The order said U.S. Justice Department lawyers must now ask judges to require plaintiffs to pay the governm...Reuters
Fri, Mar 7
