News
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Cravath hires ex-Trump DOJ antitrust official Finch from Paul Weiss
By Sara Merken Jan 21 (Reuters) - Andrew Finch, who was a top U.S. Justice Department antitrust official in the first Donald Trump administration, has joined Cravath, Swaine & Moore from rival New York law firm Paul, Weiss, Rifkind, Wharton & Garrison. Finch most recently co-chaired the antitrust...Reuters
Jan 21, 2025
Forex
BUZZ-COMMENT-Yen may falter on a BoJ hike
Jan 21 (Reuters) - U.S. tariffs and BOJ policy are set to be the big drivers of USD/JPY, with downside yen risks growing even if a rate hike materializes.With Day 1 market euphoria over the avoidance of immediate tariffs followed shortly followed by President Donald Trump threatening 25% duties on C...Reuters
Jan 21, 2025
Cryptocurrencies
UPDATE 1-Crypto lobbying risks regulatory capture, South African cenbank boss tells Davos event
Updates throughout with additional comments from panel, contextBy Elizabeth Howcroft and Iain Withers DAVOS/PARIS/LONDON, Jan 21 (Reuters) - Surrounded by crypto executives buoyed by Donald Trump's presidency, South Africa's central bank chief on Tuesday criticized industry lobbying of U.S. polic...Reuters
Jan 21, 2025
Other
Lawsuits challenge Trump's birthright citizenship, other orders
Legal challenge to Trump's birthright citizenship orderUnion disputes attempt to soften job protection for federal workersChallenges filed within hours of Trump taking officeBy Nate Raymond BOSTON, Jan 21 (Reuters) - Immigrant and civil rights groups have filed the first lawsuits challenging exec...Reuters
Jan 21, 2025
Other
MOVES-Wells Fargo hires JPMorgan executive as head of cards and merchant services
Jan 21 (Reuters) - U.S. bank Wells Fargo WFC.N named JPMorgan Chase JPM.N executive Ed Olebe as its new head of cards and merchant services on Tuesday, effective immediately.Olebe, who joined JPMorgan in 2016, succeeds Ray Fischer, who has decided to retire, Wells Fargo said. "Ed’s industry expertis...Reuters
Jan 21, 2025
Economic Indicator
Canadian price growth edged lower on tax holiday in December – RBC Economics
The tick lower in inflation in December to 1.8% was above our own assumption for a 1.5% increase, but largely due to a smaller than assumed reduction in prices from the temporary GST/HST holiday in December, and was still slightly below market expectations for a 1.9% reading, RBC Economics' AssistanFxstreet
Jan 21, 2025
Economic Indicator
TREASURIES-US yields sink as markets cautious amid tariff uncertainty
US 10-year, two-year yields slip but tariff threat lingersMarkets price in 39 bps of Fed easing in 2025Trump says he may impose tariffs on Canada, Mexico next monthUS 2/10 yield curve flattens, hits narrowest gap since late DecemberAdds new comment, NEW YORK dateline, byline, updates pricesBy Gertru...Reuters
Jan 21, 2025
Other
Auto file - China eyeballs old German car plants; India's EV blitz
By Nick Carey, European Autos Correspondent Greetings from London! The biggest news so far this week is something that didn’t happen. Donald Trump did not, as he had promised, follow through with wide-ranging tariffs, particularly on Canada. Mexico and China. This is Trump’s tried and tested mod...Reuters
Jan 21, 2025
Cryptocurrencies
Elon Musk’s D.O.G.E Goes Live Amid Backlash – Could Send These 5 Presales to 100x in 2025
Despite being hit with three lawsuits within minutes of Trump reclaiming the presidency, Elon Musk’s Department of Government Efficiency (D.O.G.E) is officially live. And it’s bringing attention to these five presales set to 100x. D.O.G.E aims to minimize the federal budget by $2T through meas...Bitcoinist
Jan 21, 2025
Cryptocurrencies
5 Best Cryptocurrency to Invest In as Bitcoin Reaches $108K All-Time High & $WLFI Buys $48M $ETH
Bitcoin is showing no signs of slowing down, and why would it? As Donald Trump, who is now well-known for his crypto-friendly attitude, officially joins the office of the US President, the crypto world is expecting a lot of pro-crypto administrative changes and executive government orders to be pass...NewsBTC
Jan 21, 2025
Economic Indicator
USD/CNH: Consolidation after breaking out – OCBC
USD/CNH fell sharply below 7.26 at one point after Trump announced there was no immediate plans for tariffs and calls for further study. USD/CNH was last seen at 7.2712 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
Fxstreet
Jan 21, 2025
Stocks
CANADA STOCKS-Mining, technology shares set to extend TSX winning streak
Updates with market opening pricesBy Ragini Mathur Jan 21 (Reuters) - Canada's main index extended gains on Tuesday led by mining and technology shares, as investors assessed early clues about U.S. President Donald Trump's trade policies.The Toronto Stock Exchange's S&P/TSX composite index .GSPTS...Reuters
Jan 21, 2025
Stocks
BUZZ-Energy firms fall as traders digest Trump tariff reprieve
Updates** S&P 500 energy index .SPNY falls 0.9% as oil prices edge lower** Brent crude futures LCOc1 down 1.4% at $79.07 a barrel; U.S. West Texas Intermediate (WTI) crude CLc1 falls 2.2% to $76.19 a barrel ** Oil prices fell as investors assessed U.S. President Donald Trump's plans to ap...Reuters
Jan 21, 2025
Stocks
BUZZ-Viasat up after NASA contract announcement
** Shares of satellite communications firm Viasat VSAT.O rise 25.3% to $11.15** VSAT says NASA has selected it for a $4.82 bln contract to help the agency with communication services for its space missions** The contract is part of NASA's Near Space Network (NSN) Services program - VSAT** NASA's NSN...Reuters
Jan 21, 2025
Other
BRIEF-Southwest Airlines Cuts 270 Pilot Roles In Denver And Atlanta- Bloomberg News
Jan 21 (Reuters) - SOUTHWEST AIRLINES CUTS 270 PILOT ROLES IN DENVER AND ATLANTA- BLOOMBERG NEWSSource: https://tinyurl.com/mryevpcuFurther company coverage: LUV.N ((Reuters.Briefs@thomsonreuters.com;))Reuters
Jan 21, 2025
Stocks
BUZZ -PREVIEW: Netflix edges up ahead of Q4 results; live sports push in spotlight
** Netflix's NFLX.O shares up 0.8% at $864.79 ahead of Q4 results expected after the bell** Wall Street expects the streaming pioneer to add more than 9 mln subs in Q4, according to LSEG compiled data, driven by the success of "Jake Paul vs. Mike Tyson" boxing match and the debut of popular Nationa...Reuters
Jan 21, 2025
Stocks
BUZZ-Old National Bancorp shares surge to over 16-year high on Q4 results
** Shares of Old National Bancorp ONB.O up 3.53% at $23.74, hitting their highest level in over 16 years** Company posts Q4 net interest income of $394.2 mln vs $364.4 mln in the quarter a year ago** ONB's Q4 provision for credit losses increased to $27 mln from $11.6 mln a year ago** Company report...Reuters
Jan 21, 2025
Stocks
BUZZ-U.S. STOCKS ON THE MOVE-Prologis, Space stocks, Evolus
Eikon search string for individual stock moves: STXBZThe Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes edged up on Tuesday, as investors assessed President Donald Trump's executive orders after taking office, whil...Reuters
Jan 21, 2025
Stocks
EMERGING MARKETS-Mexican peso falls after Trump's return, Latam FX steady
Mexican peso drops after Trump mulls tariffs from Feb Argentina posts record trade surplus for 2024 MSCI Latam FX, stocks subduedBy Purvi Agarwal Jan 21 (Reuters) - Most Latin American currencies edged lower on Tuesday, led by the Mexican peso, a day after U.S. President Donald Trump assumed offi...Reuters
Jan 21, 2025
