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INDIA STOCKS-Indian benchmarks open higher on US tariff reprieve
April 11 (Reuters) - India's benchmark indexes opened higher on Friday, as a U.S. tariff reprieve lifted sentiment, even as global trade uncertainty continues to linger. The Nifty 50 .NSEI rose 1.67% to 22,775.2 while the BSE Sensex .BSESN gained 1.61% to 75,019.41, respectively, as of 09:23 ...Reuters
Apr 11, 2025
Stocks
Hong Kong stocks eye worst week since global financial crisis, China falls milder on state support
HONG KONG, April 11(Reuters) - Hong Kong stocks lost ground on Friday and were on track for their biggest weekly decline since the 2008 global financial crisis, battered as China takes the brunt of U.S. President Donald Trump's escalating trade war.
Forex
China's yuan rebounds from 2007 lows, but slides against trading partners
Yuan slips to 19-month low against trading partnersPBOC wary of sharp yuan declinesAnalysts see limited impact of yuan weakening on tariffs SHANGHAI, April 11 (Reuters) - China's yuan bounced off a 2007 trough against a broadly weaker dollar on Friday, but it slipped to a 19-month low against...Reuters
Apr 11, 2025
Economic Indicator
US Commerce Secretary Lutnick: Committed to exploding the US economy
US Commerce Secretary Howard Lutnick took to the social media platform X to say that “the Golden Age is coming. We are committed to protecting our interest, engaging in global negotiations and exploding our economy.”Fxstreet
Apr 11, 2025
Economic Indicator
EXCLUSIVE-Facing Trump tariffs, Vietnam eyes crackdown on some China trade
Vietnam hoping to get U.S. tariff reduced to 22-28% rangeVietnam officials prepare to clampdown on transhipment abusesWashington accuses Hanoi of helping China evade U.S. dutiesHanoi seeks stricter checks on dual-use exportsBy Francesco Guarascio HANOI, April 11 (Reuters) - In hope of avoiding pu...Reuters
Apr 11, 2025
Cryptocurrencies
From Joke To Juggernaut: Dogecoin Value Revolution Gets Nod From Global Asset Giant
Swiss asset manager 21Shares has openly endorsed Dogecoin, stating that the cryptocurrency has developed a long way from its origins as an online meme. The company cited Dogecoin’s whopping 130,000% price appreciation over the last decade as evidence of its longevity within the turbulent crypt...NewsBTC
Apr 11, 2025
Cryptocurrencies
Dogecoin Order Block Points To 50% Rise To This Major Resistance Level
A new technical analysis based on the Order Block (OB) and Candle Liquidity Sweep (CLS) model suggests that Dogecoin (DOGE) is forming a bullish reversal structure that could lead to a 50% price surge. Despite the recent market downturn and relatively low value the crypto analyst behind this analysi...Bitcoinist
Apr 11, 2025
Economic Indicator
GBP/USD rises to near 1.3050 as US Dollar remains tepid ahead of PPI data
GBP/USD is on track for its fourth consecutive daily gain, trading near 1.3030 during Friday’s Asian session. The pair continues to strengthen as the US Dollar loses ground amid lingering concerns over both the global and US economies.
Fxstreet
Apr 11, 2025
Other
Russia and US bring ballerina and tech smuggler back home in prisoner swap
Witkoff raised Karelina's case with Putin -US officialU.S.-Russian talks on Ukraine peace to resume soonWitkoff to travel to Moscow again soon Swap took place in United Arab Emirates By Lucy Papachristou, Guy Faulconbridge and Steve Holland MOSCOW/WASHINGTON, April 10 (Reuters) - A Russia...Reuters
Apr 11, 2025
Economic Indicator
EXCLUSIVE-Facing Trump tariffs, Vietnam eyes crackdown on some China trade
Vietnam hoping to get U.S. tariff reduced to 22-28% rangeVietnam officials prepare to clampdown on transhipment abusesWashington accuses Hanoi of helping China evade U.S. dutiesHanoi seeks stricter checks on dual-use exportsBy Francesco Guarascio HANOI, April 11 (Reuters) - In hope of avoiding pu...Reuters
Apr 11, 2025
Other
PRESS DIGEST- Financial Times - April 11
April 11 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.Headlines- Head of British military makes first Beijing visit in 10 years- EY fined 4.9 million pounds over Thomas Cook audits before 2019 colla...Reuters
Apr 11, 2025
Cryptocurrencies
Ethereum Price Cools Off—Can Bulls Stay in Control or Is Momentum Fading?
Ethereum price started a fresh increase above the $1,550 zone. ETH is now correcting gains from $1,680 and finding bids near the $1,500 level. Ethereum started a decent increase above the $1,550 and $1,600 levels. The price is trading below $1,580 and the 100-hourly Simple Moving Average. There is a...NewsBTC
Apr 11, 2025
Forex
India Morning Newsletter, April 11
(India Morning Newsletter will not be published on Monday, April 14, on account of the Dr. Baba Saheb Ambedkar Jayanti holiday)To access a PDF version of this newsletter, please click hereIf you would like to receive this newsletter via email, please register at: https://solutions.lseg.com/MNCIndia-...Reuters
Apr 11, 2025
Cryptocurrencies
XRP vs. MAGACOIN FINANCE: Who Wins 2025’s 30x Crypto Recovery Race?
XRP’s Epic Run Meets a New Rival In 2021, Ripple (XRP) shook up the crypto world, turning $500 bets into $35,000 wins with a 70x explosion. Fast forward to 2025, and the search for the next massive victory by Q2 is on. Introducing MAGACOIN FINANCE — a presale token that has already raised $5.7 million and excited over […]Cryptopolitan
Apr 11, 2025
Stocks
Thermo King Launches Flagship LEGEND Trailer Refrigeration Unit with Asian-based Production
SHANGHAI, April 11, 2025 /PRNewswire/ -- Thermo King, a strategic brand of Trane Technologies (NYSE: TT), a global climate innovator, has announced the launch of its first Asian-made trailer refrigeration unit production line at the new smart plant in Wujiang, China. This production line is ded...PR Newswire
Apr 11, 2025
Stocks
Japan's Nikkei slumps on trade war worries, stronger yen
TOKYO, April 11 (Reuters) - Japan's Nikkei share average slumped nearly 5% on Friday in a brutal end to a volatile week as investors worried about the economic fallout from the rapidly escalating U.S.-China trade war as well as a strong yen that has been lifted by safe-haven flows.
Reuters
Apr 11, 2025
Stocks
EMERGING MARKETS-Stocks skid as Sino-US trade war keeps markets on edge
April 11 (Reuters) - Stocks in Asian emerging markets fell on Friday, retreating after a sharp rebound in the previous session, as investor anxiety over tariff uncertainty and the broader fallout from the Sino-U.S. trade war prompted a pullback from risk assets.Singapore's benchmark gauge .STI d...Reuters
Apr 11, 2025
Stocks
EMERGING MARKETS-Stocks skid as Sino-US trade war keeps markets on edge
April 11 (Reuters) - Stocks in Asian emerging markets fell on Friday, retreating after a sharp rebound in the previous session, as investor anxiety over tariff uncertainty and the broader fallout from the Sino-U.S. trade war prompted a pullback from risk assets.Singapore's benchmark gauge .STI d...Reuters
Apr 11, 2025
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