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Silver Price Forecast: XAG/USD nosedives below $32 on “Buy the Rumour Sell the News”
Silver price is down almost 5% during North American trading hours on Thursday, tests territory below $32.00. The price of the white metal has become vulnerable after United States (US) President Donald Trump unveiled a detailed reciprocal tariff plan for his trading partners.
Fxstreet
Apr 3, 2025
Commodities
Volkswagen to introduce 'import fee' on tariff-hit cars, WSJ reports
April 2 (Reuters) - Volkswagen VOWG.DE will introduce an "import fee" on vehicles affected by 25% tariffs imposed by U.S. President Donald Trump, the Wall Street Journal reported on Wednesday.The German automaker has temporarily halted rail shipments of vehicles from Mexico and will hold at ...Reuters
Apr 3, 2025
Other
Gallagher expands real estate division with Bircroft acquisition
By Michael JonesApril 3 - (The Insurer) - Gallagher has expanded its real estate practice with the acquisition of commercial insurance broker Bircroft Insurance Services.The acquired firm focuses on the real estate sector on both a wholesale and retail basis. Bircroft will become part of Gallagher&#...Reuters
Apr 3, 2025
Economic Indicator
Canada posts surprise trade deficit in February
Canada trade deficit for February was at C$1.52 billionTotal exports in February dropped by 5.5% to C$70.11 billionFebruary exports were second highest since May 2022Imports rose by 0.88% to C$71.63 billion in FebruaryBy Promit MukherjeeOTTAWA, April 3 (Reuters) - Canada unexpectedly swung into a tr...Reuters
Apr 3, 2025
Economic Indicator
Trade war may cut Czech GDP growth by 0.6-0.7 pct point this year, minister says
PRAGUE, April 3 (Reuters) - A trade war started by the imposition of U.S. tariffs on imports may cut Czech economic growth by 0.6-0.7 percentage point this year, Czech Finance Minister Zdenek Stanjura said on Thursday."The trade war which (U.S. President) Donald Trump initiates by his steps is a...Reuters
Apr 3, 2025
Other
China trying to exploit dismantling of USAID in Africa, US general says
WASHINGTON, April 3 (Reuters) - China is working to exploit the dismantling of the U.S. Agency for International Development on the African continent, the head of U.S. forces in Africa said on Thursday. "As we start to fold in the capabilities of USAID under (the) State Department, China's t...Reuters
Apr 3, 2025
Commodities
ARA oil product stocks rise 2%, Insights Global data shows
LONDON, April 3 (Reuters) - Oil product stocks independently held in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub rose by over 2% on the week, data from Dutch consultancy Insights Global showed on Thursday.Total stocks stood at 6.08 million metric tons, the data showed.Gasoline sto...Reuters
Apr 3, 2025
Stocks
Will Tesla's Pain Be This EV Stock's Gain?
Signs of Tesla's (NASDAQ: TSLA) brand crisis are almost everywhere you look.Over the weekend, more than 200 "Tesla Takedown" protests were held across the country as Americans expressed their ire about CEO Elon Musk's project to downsize federal agencies -- which President Donald Trump refers to as ...The Motley Fool
Apr 3, 2025
Other
Ukraine has solved some manpower shortages in war effort, US general says
WASHINGTON, April 3 (Reuters) - Ukraine appears to have resolved some of its shortages of troops fighting against Russia, including by widening the pool of eligible recruits, the top U.S. general in Europe said on Thursday.U.S. Army General Christopher Cavoli also underscored that any U.S. cutoff in...Reuters
Apr 3, 2025
Stocks
Tariffs Will Cost This Detroit Automaker Billions More Than Its Rival
By now, most investors are likely aware of all the chatter surrounding the Trump administration's economic policies, including its tariff plans. It's a huge deal, and it could significantly impact automakers and their investors. These are massive companies with complicated supply chains that will ne...The Motley Fool
Apr 3, 2025
Other
Rubio meets Danish foreign minister, stresses 'strong' relationship
BRUSSELS, April 3 (Reuters) - U.S. Secretary of State Marco Rubio "reaffirmed the strong relationship between the United States and the Kingdom of Denmark" in a meeting with Danish Foreign Minister Lars Lokke Rasmussen in Brussels on Thursday, the State Department said.The meeting followed m...Reuters
Apr 3, 2025
Stocks
LIVE MARKETS-S&P 500 sinks amid mounting recession fears
Main US indexes plunge; Nasdaq off most, down ~5%Mar ISM N-Mfg PMI 50.8 vs 53 est; prices paid 60.9 vs 62.6 priorEuro STOXX 600 index down >2.5%Dollar off ~1.5%; gold dips; bitcoin off ~4%; crude down >7%US 10-Year Treasury yield slides to ~4.03% Welcome to the home for real-time coverage of m...Reuters
Apr 3, 2025
Stocks
US retail and luxury stocks tumble after new Trump tariffs
** Shares of major U.S. retailers are down after U.S. President Donald Trump imposes a raft of new reciprocal tariffs on Asian production hubs** Analysts expect this to increase costs of production for retailers at a time when consumers are becoming cautious on spending amid growing economic uncerta...Reuters
Apr 3, 2025
Stocks
Stock Market Sell-Off: The 9 Best Stocks to Buy Now in April (2025)
Stock market volatility will likely persist beyond April, but investors can scoop up these stocks at bargain prices.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More »*Stock prices used were the afternoon prices of ...The Motley Fool
Apr 3, 2025
Other
BLG Logistics on tariffs: US business could halve in worst case scenario
BERLIN, April 3 (Reuters) - German port logistics provider BLG Logistics warned on Thursday that U.S. tariffs meant its U.S. business might halve in the worst case scenario and it would have to lower sales and profit forecasts and possibly even staffing levels.The company, logistics provider for one...Reuters
Apr 3, 2025
Commodities
Venture Global's Calcasieu Pass LNG facility gets FERC approval
April 3 (Reuters) - The Federal Energy Regulatory Commission has granted approval to U.S. LNG developer Venture Global Inc VG.N to commence service on the remainder of the facilities at the Calcasieu Pass LNG Terminal in Louisiana, according to a filing on Thursday. Last week, U.S. LNG developer Ven...Reuters
Apr 3, 2025
Other
Jeweller Pandora sees annual U.S. tariff impact of $178 mln
COPENHAGEN, April 3 (Reuters) - Danish jeweller Pandora PNDORA.CO said on Thursday it estimates the total impact of U.S. tariffs on the company to be around 1.2 billion Danish crowns ($178.34 million) per year, before any mitigating actions by the company.Pandora's share price plunged 12% on Thu...Reuters
Apr 3, 2025
Stocks
US-listed shares of China's ecommerce firms fall as Trump closes trade loophole
** U.S.-listed shares of major Chinese retailers fall after Trump signs an executive order that closes a trade loophole known as "de minimis"** "de minimis" allowed packages valued at less than $800 from China and Hong Kong to enter the U.S. duty-free and with minimal inspections** J...Reuters
Apr 3, 2025
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