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2 Reasons I Wouldn't Buy the SpaceX IPO With Free Money
Key PointsSpaceX is preparing to go public at a valuation of up to $2 trillion. That valuation would make it more expensive than any S&P 500 stock.Elon Musk might be brilliant, but he's also untrustworthy.These 10 stocks could mint the next wave of millionaires › SpaceX is getting ready to go public...The Motley Fool
Wed, Apr 8
Other
German foreign minister welcomes ceasefire in Iran conflict
April 8 (Reuters) - German Foreign Minister Johann Wadephul on Wednesday welcomed the two-week ceasefire the U.S. and Iran agreed on Tuesday."I welcome the decision by the warring parties to agree to a ceasefire in the Iran war," the minister wrote on X."This must be the crucial first s...Reuters
Wed, Apr 8
Commodities
TABLE-North Sea gas maintenance schedule: Revises Troll outage
April 8 (Reuters) - The following is a schedule of maintenance work on gas infrastructure, mainly in the North Sea.The table is arranged by outage start date.Volumes are in standard million cubic metres per day (mcm/d) or gigawatt-hours per day (GWh/d) unless otherwise indicated.OPERATORLOCATIONOUTA...Reuters
Wed, Apr 8
Indices
US Dollar Index (DXY) Price Forecast: Struggles below 99.00, one-month low amid risk-on
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, attracts heavy selling on Wednesday and plummets to a nearly one-month trough during the Asian session in reaction to the US-Iran ceasefire news.Fxstreet
Wed, Apr 8
Commodities
Port infrastructure in Ukraine's Izmail damaged by Russian drone, Ukraine says
KYIV, April 8 (Reuters) - A Russian overnight drone attack on Ukraine's largest Danube river port, Izmail, damaged a port facility, Ukraine's regional development ministry said on Telegram on Wednesday."Fires broke out on the territory of warehouse premises," the ministry said, addin...Reuters
Wed, Apr 8
Forex
UBS, Postfinance, Sygnum, Raiffeisen, Zürcher Kantonalbank, Bcv And Swiss Stablecoin AG Launch Joint CHF Stablecoin Sandbox
April 8 (Reuters) - UBS GROUP AG UBSG.S:UBS, POSTFINANCE, SYGNUM, RAIFFEISEN, ZÜRCHER KANTONALBANK, BCV AND SWISS STABLECOIN AG LAUNCH JOINT CHF STABLECOIN SANDBOXNEW INITIATIVE WILL TEST POTENTIAL USE CASES FOR A CHF STABLECOIN IN SWITZERLANDTECHNICAL INFRASTRUCTURE FOR ISSUING STABLECOIN IS PROVID...Reuters
Wed, Apr 8
Commodities
VEGOILS-Palm drops more than 3% as crude oil slumps on US-Iran ceasefire
KUALA LUMPUR, April 8 (Reuters) - Malaysian palm oil futures tumbled more than 3% on Wednesday, pressured by a sharp drop in crude oil prices following a U.S-Iran ceasefire deal.The benchmark palm oil contract FCPOc3 for June delivery on the Bursa Malaysia Derivatives Exchange slid 150 ringgit, or 3...Reuters
Wed, Apr 8
Other
Republican Clay Fuller wins Georgia US House runoff in MAGA stronghold
Trump‑backed Republican defeated moderate Democrat in Georgia runoff for US House seat Democrat Harris notches significant improvement from 2024 raceResult could show cracks in Trump sway over MAGA, barometer for midtermsSeat vacated by Marjorie Taylor Greene after split with TrumpBy Rich McKay, Jay...Reuters
Wed, Apr 8
Stocks
Crypto Daily | Bitcoin Jumps to Three-Week High on US-Iran Ceasefire Plan; Morgan Stanley Bitcoin ETF Set to Begin Trading
Crypto Daily is our column tracking crypto market trends, offering timely insights and valuable updates to keep you informed.Crypto NewsBitcoin Jumps to Three-Week High on US-Iran Ceasefire PlanBitcoin rose to a three-week high after the US and Iran agreed to an initial ceasefire, prompting a surge ...Tiger News
Wed, Apr 8
Stocks
EMERGING MARKETS-Asian stocks, currencies rally as US-Iran ceasefire lifts risk appetite
MSCI EM Asia stock index jumps 5%, global EM gauge up 4%KOSPI, Taiwan stocks hit multi-week highsRupiah gains despite lingering domestic concernsFTSE Russell to upgrade Vietnam to "emerging market" in September Indian rupee steady after central bank stands pat on ratesBy Sneha Kumar Apri...Reuters
Wed, Apr 8
Commodities
PRESS DIGEST -Wall Street Journal - April 8
April 8 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - The U.S. government has so far rejected requests from Ford F.N and other U.S. automakers for relief from aluminum tariffs after fires ...Reuters
Wed, Apr 8
Stocks
INDIA STOCKS-Indian shares jump over 3% as Iran ceasefire spurs global rally; RBI on pause
By Bharath Rajeswaran April 8 (Reuters) - Indian shares held firm on Wednesday, helped by a plunge in oil prices after President Donald Trump agreed to a two-week ceasefire with Iran, while the domestic central bank left rates unchanged as it assessed the war's impact on the economy.The Nifty...Reuters
Wed, Apr 8
Stocks
EMERGING MARKETS-Asian stocks, currencies rally as US-Iran ceasefire lifts risk appetite
MSCI EM Asia stock index jumps 5%, global EM gauge up 4%KOSPI, Taiwan stocks hit multi-week highsRupiah gains despite lingering domestic concernsFTSE Russell to upgrade Vietnam to "emerging market" in September Indian rupee steady after central bank stands pat on ratesBy Sneha Kumar Apri...Reuters
Wed, Apr 8
Cryptocurrencies
Pepe Price Forecast: Open Interest surge backs bullish breakout setup
Pepe (PEPE) is holding steady above $0.00000350 at press time on Wednesday, following a 12% jump the previous day, in line with the broader market recovery linked to the US-Iran ceasefire. Derivatives data show renewed interest in the frog-themed meme coin amid bullish speculations.Fxstreet
Wed, Apr 8
Stocks
South African Markets - Factors to watch on April 8
JOHANNESBURG, April 8 (Reuters) - The following equity and currency market moves may affect South African markets on Wednesday.GLOBAL MARKETSOil prices dived, stocks surged and the dollar was knocked back on Wednesday as a two-week Middle East ceasefire sparked a relief rally, fuelled by hopes that ...Reuters
Wed, Apr 8
Economic Indicator
TREASURIES-US bonds jump as Middle East ceasefire revives rate-cut bets
SINGAPORE, April 8 (Reuters) - U.S. Treasuries surged on Wednesday after a two-week ceasefire in the Middle East triggered a relief rally across assets as investors wagered that sliding oil prices could keep inflation in check and possibly bring rate cuts back on the table.U.S. President Donald Trum...Reuters
Wed, Apr 8
Forex
USD/INR tumbles on US-Iran two-week ceasefire, RBI leaves Repo Rate unchanged at 5.25%
The Indian Rupee (INR) jumps to a fresh an almost three-week high against the US Dollar (USD) in the opening trade on Wednesday. The USD/INR pair slides to near 92.30 as the US Dollar weakens and global oil prices nosedive, following a temporary ceasefire between the United States (US) and Iran.Fxstreet
Wed, Apr 8
Commodities
Oil Product Deliveries To Spanish Market From Fuel Distributor Exolum Terminals Up 5.1% In March YoY
April 8 (Reuters) - Oil Logistics Company Exolum:SAID ON TUESDAY OIL PRODUCT DELIVERIES TO THE SPANISH MARKET FROM FUEL DISTRIBUTOR EXOLUM TERMINALS INCREASED BY 5.1% IN MARCH YEAR ON YEARReuters
Wed, Apr 8
Stocks
SK Hynix shares jump 15% after peer Samsung projects blowout earnings
SEOUL, April 8 (Reuters) - Shares of South Korean chipmaker SK Hynix 000660.KS surged on Wednesday after peer Samsung Electronics 005930.KS forecast market-beating quarterly earnings, fuelling expectations about SK Hynix's results.Samsung Electronics on Tuesday projected its first-quarter operat...Reuters
Wed, Apr 8
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