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GLOBAL MARKETS-Rebound in Japan provides some respite for battered markets
TOKYO, April 8 (Reuters) - Asian stocks bounced off more than one-year lows and U.S. stock futures pointed up on Tuesday, but many investors remained on edge even as they hoped Washington might be willing to negotiate some of the aggressive tariffs that have unleashed turmoil in markets.Reuters
Tue, Apr 8
Bitcoin Whipsaws On Fake Tariff Bombshell News
Speculation over a purported White House plan to pause tariffs for ninety days on all countries except China sent markets into a frenzy earlier today, triggering abrupt price reversals across equities, Bitcoin and cryptocurrencies. In a quick-fire series of conflicting updates, the rumor initially f
NewsBTC
Tue, Apr 8
China advises Shein against shifting supply chain, Bloomberg News reports
April 8 (Reuters) - Fast-fashion retailer Shein is facing opposition from the Chinese government over its plans to shift some production out of the country, Bloomberg News reported on Tuesday, citing people familiar with the matter.China's Ministry of Commerce has reached out to Shein and other ...Reuters
Tue, Apr 8
Gold price moves away from multi-week low set on Monday; climbs to $3,000 mark
Gold price (XAU/USD) regains some positive traction during the Asian session on Tuesday and for now, seems to have snapped a three-day losing streak from a nearly four-week low, around the $2,957-2,956 area touched the previous day. US President Donald Trump's sweeping reciprocal tariffs...
Fxstreet
Tue, Apr 8
U.S.-Japan Tariff Talks May Get "Priority" Treatment, Nikkei Surges 6%! A Familiar Opportunity to Buy the Dip in Japanese Stocks
TradingKey - Following the "Black Monday" on April 7, when U.S. reciprocal tariffs rattled global markets and sent Japan's stock market plunging nearly 8%, positive developments in U.S.-Japan tariff negotiations have sparked a strong rebound in Japanese equities. The sharp reversal has reminded...
TradingKey
Tue, Apr 8
Hong Kong leader says city will sign more free trade pacts amid 'ruthless' US tariffs
HONG KONG, April 8 (Reuters) - Hong Kong leader John Lee said on Tuesday the city would sign more free trade pacts to diversify its risk amid a global trade war triggered by what he called "ruthless" U.S. tariffs that he said were disrupting the world economic and trade order.
Reuters
Tue, Apr 8
China's yuan hits 2023 lows on signs PBOC is tolerant of some weakness
SHANGHAI, April 8 (Reuters) - China's yuan fell to its weakest level since 2023 on Tuesday after the central bank slightly loosened its grip on the currency in what analysts said was an attempt to counteract the blow to exports from an intensifying global trade war.
Reuters
Tue, Apr 8
Brent futures, options volumes surpass pandemic record as oil market reels
HOUSTON, April 7 (Reuters) - Brent crude futures and options contracts traded on the Intercontinental Exchange (ICE) hit record volumes on Friday, surpassing levels seen during the COVID-19 pandemic as investors braced for a global trade war and OPEC+ oil output hikes.
Reuters
Tue, Apr 8
Japan's Nikkei jumps 6%, rebounds from 1-1/2-year low on US tech boost
TOKYO, April 8 (Reuters) - Japan's Nikkei share average rose 6% on Tuesday in a widespread rally, rebounding from a 1-1/2-year low hit in the previous session, as local traders assessed strong performances of U.S. technology stocks.Reuters
Tue, Apr 8
Samsung sees Q1 profit beating estimates as looming tariffs spur chip, phone sales
Samsung sees Q1 profit at 6.6 trillion won vs 5.1 trillion LSEG SmartEstimateLooming US tariffs drive chip sales, smartphone shipments, analysts saySecond quarter phone shipments likely to fall, analysts saySamsung shares rise 2.6%By Heekyong Yang, Joyce Lee and Hyunjoo Jin SEOUL, April 8 (ReuterReuters
Tue, Apr 8
US STOCKS-Dow, S&P 500 end wild session lower, Trump digs in on tariffs
April 7 (Reuters) - The S&P 500 and the Dow closed lower on Monday after a roller coaster session, with investors worried about an economic slowdown and rising inflation as U.S. President Donald Trump dug in his heels on tariffs, warning he could further increase levies on China.Reuters
Tue, Apr 8
US Chamber of Commerce considering a lawsuit to block new Trump global tariffs
The US Chamber of Commerce is considering bringing the tariff battle to court, and some of its largest members are urging it to do so. The action could effectively provide cover for corporations who are concerned about the tariffs' impact on their business but fearful of incurring US President...Fxstreet
Tue, Apr 8
US Cash Crude-US grades steady as investors weigh tariff impact
April 7 (Reuters) - U.S. cash crude grades were little changed on Monday, dealers said, as investors weighed the impact of trade tariffs. Mars Sour and WTI Midland held steady at a premium of 60 cents and $1.05 to U.S. crude futures respectively.President Donald Trump said the U.S. would impose...Reuters
Tue, Apr 8
South Korea trade minister says considering measures to increase US imports
SEOUL, April 8 (Reuters) - South Korea's trade minister said on Tuesday that the government has been considering packages of measures to increase U.S. imports, as he headed to visit Washington to negotiate over U.S. tariffs. Minister Cheong In-kyo said it was good news ahead of his visit that U....Reuters
Tue, Apr 8
US Treasury Sec. Bessent: Japan's non-tariff barriers are quite high
US Treasury Secretary Scott Bessent late Wednesday said late Monday that he has not yet received a trade offer from Japan. Nonetheless, Bessent expects Japan to be prioritized in negotiations due to their early approach, per Fox Business Network.Fxstreet
Tue, Apr 8
METALS-Base metals decline as US-China trade conflict ramps up recession fears
April 7 (Reuters) - Base metals in London declined on Monday, with copper hitting its lowest level in over 16 months on fears about reduced demand and higher chances of a recession following trade tensions between the U.S. and China.The benchmark three-month copper CMCU3 on the London Metal Exchange...Reuters
Mon, Apr 7
LIVE MARKETS-S&P 500 index poised for further losses; traders eye the charts
U.S. equity index futures red: Nasdaq 100 down ~3%Euro STOXX 600 index slides >4%Dollar up; gold slips; bitcoin; crude both down >2%U.S. 10-Year Treasury yield rises to ~4.03%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts ...Reuters
Mon, Apr 7
GLOBAL MARKETS-Stocks plunge on tariff turmoil, VIX fear gauge spikes
SYDNEY/LONDON, April 7 (Reuters) - Major stock indexes and U.S. share futures plunged on Monday, with the S&P 500 poised to confirm a bear market, and volatility gauges spiked as U.S. President Donald Trump showed no sign of backing away from his sweeping tariff plans.Reuters
Mon, Apr 7
US STOCKS-Futures plunge, S&P 500 eyes bear territory as market rout worsens
April 7 (Reuters) - U.S. stock index futures plummeted on Monday, and the S&P 500 looked set to confirm a bear market, as investors barreled into government bonds on economic worries over the fallout of U.S. President Donald Trump's sweeping tariff plans.Reuters
Mon, Apr 7
Taiwan stocks plummet in biggest one-day drop on record after US tariffs
TAIPEI, April 7 (Reuters) - Taiwan stocks plummeted almost 10% on Monday, the biggest one-day percentage fall on record, in the first trading since U.S. tariffs were announced last week, with Taiwan's president taking to X to pledge a "golden age" of shared prosperity with the U.S.Reuters
Mon, Apr 7
Euro area yields plunge as tariff fears boost bets on ECB rate cuts
April 7 (Reuters) - Euro area short-dated yields hit a fresh 2-1/2-year low on Monday as fears about the economic impact of U.S. tariffs triggered a rout in stocks and led investors to boost bets on future European Central Bank rate cuts.
Reuters
Mon, Apr 7