News
Important Only
Japanese Yen slides to three-week low against USD; lacks follow-through selling
The Japanese Yen (JPY) drifts lower against its American counterpart for the fourth consecutive day, pushing the USD/JPY pair to the 151.00 neighborhood, or a three-week top during the Asian session on Tuesday.
Fxstreet
Tue, Mar 25
Japan's Nikkei bounces as US tariff fears ease, yen softens
TOKYO, March 25 (Reuters) - Japan's Nikkei share average climbed more than 1% on Tuesday as indications that impending U.S. tariffs against trading partners may be more measured and targeted than previously feared injected fresh optimism into markets.Reuters
Tue, Mar 25
GLOBAL MARKETS-Asian stocks rise on easing tariff worries; dollar perks up
SINGAPORE, March 25 (Reuters) - Asian stocks rose on Tuesday, taking cues from the Wall Street, as the prospect of narrower-than-feared U.S. tariffs boosted risk appetite, while the dollar hovered near three-week highs after upbeat economic data provided some comfort.
US STOCKS-S&P 500 ends sharply higher, Nvidia and Tesla rally
March 24 (Reuters) - The S&P 500 rose sharply to end at its highest in over two weeks on Monday, lifted by Nvidia and Tesla following signs that the Trump administration might take a more measured approach on tariffs against U.S. trading partners.Reuters
Tue, Mar 25
London copper rises, firmer dollar checks gains
NEW DELHI, March 25 (Reuters) - Copper prices in London edged higher on Tuesday, as markets priced in increased supplies of the industrial metal moving to the U.S. amid concerns over potential tariffs, but a stronger dollar checked gains.Reuters
Tue, Mar 25
WTI rises to near $69.00 as US President Donald Trump threatens tariffs on countries buying Venezuelan crude
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $69.00 during the early Asian session on Tuesday. The WTI price edges higher to a three-week high as US President Donald Trump said he will impose tariffs on countries that buy oil and gas from Venezuela.
Fxstreet
Tue, Mar 25
Gold slips as Trump eases tariff threats, Fed shows caution over rate cut
March 25 (Reuters) - Gold inched lower on Tuesday after U.S. President Donald Trump eased concerns by stating that not all of his proposed tariffs would take effect on April 2, while a Federal Reserve official signalled a cautious stance on interest rate cuts this year.
Reuters
Tue, Mar 25
AUD/JPY Price Analysis: Bulls eye recovery as short-term momentum turns cautiously optimistic
The AUD/JPY pair was seen trading around the 94.70 zone on Monday ahead of the Asian session, not far from the midpoint of the day’s range. The pair posted solid gains, rising more than 1% and recovering from recent weakness, with price action hinting at renewed buyer interest. Technical indicators,
Fxstreet
Tue, Mar 25
GLOBAL MARKETS-Stocks jump, US Treasury yields climb on tariff optimism
NEW YORK, March 24 (Reuters) - Global stocks rallied on Monday, led by gains in U.S. stocks, while U.S. Treasury yields climbed after reports that President Donald Trump's tariff plan may use a more targeted approach than previously thought, boosting risk appetite.Reuters
Tue, Mar 25
Oil rises 1% as Trump plans tariff on countries that buy Venezuelan oil, gas
Trump to impose secondary tariffs on Venezuela's oil, gas US extends Chevron's wind-down in VenezuelaOPEC+ likely to proceed with planned May oil output hikeUS and Russia in Black Sea ceasefire talksBy Arathy Somasekhar HOUSTON, March 24 (Reuters) - Oil prices gained 1% on Monday as U.S. ...Reuters
Mon, Mar 24
EXCLUSIVE-Russian central bank sees chance of prolonged low oil price cycle
MOSCOW, March 24 (Reuters) - Russia's central bank has warned the Kremlin's policy makers the United States and OPEC have the capacity to flood the oil market and cause a repeat of the prolonged price collapse of the 1980s - which contributed to the downfall of the Soviet Union.Reuters
Mon, Mar 24
China, US need to cooperate in AI, says US-China relations committee head
BEIJING, March 24 (Reuters) - China and the United States need to cooperate in artificial intelligence, and duplication of efforts in the area could be avoided, the president of the National Committee on United States-China Relations (NCUSCR) said.Stephen Orlins, who participated in the annual ChinaReuters
Mon, Mar 24
Chinese EV giant BYD's fourth-quarter profit leaps 73%
BEIJING, March 24 (Reuters) - Chinese electric vehicle maker BYD's 1211.HK 002594.SZ net profit leapt 73.1% in the fourth quarter of 2024 to a record 15 billion yuan ($2.1 billion), it said on Monday, reaping the rewards of lower prices and higher sales than rivals.Reuters
Mon, Mar 24
US Dollar Index (DXY) slides below 104.00; seems vulnerable to weaken further
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, struggles to capitalize on a three-day-old recovery from a multi-month low and attracts fresh sellers at the start of a new week. The index remains depressed through the first half of the European session and is cuFxstreet
Mon, Mar 24
Euro zone economy growth accelerates to seven-month high in March, PMI shows
March 24 (Reuters) - Euro zone business activity grew at its fastest pace in seven months in March, supported by an easing in the long-running manufacturing downturn despite slower growth in services, a survey showed.Reuters
Mon, Mar 24
New Battle in the U.S. Bond Market: "Bessent Put" vs. "Powell Put"
TradingKey — For decades, U.S. bond traders adhered to the mantra: "Don’t Fight the Fed." But now, as Treasury Secretary Scott Bessent repeatedly pushes to lower the 10-year Treasury yield, a new slogan is gaining traction: "Don’t Fight the Treasury."
Japan's Nikkei dips as looming US tariff deadline spurs caution
TOKYO, March 24 (Reuters) - Japan's Nikkei share average declined for a third straight session on Monday as uncertainty ahead of a looming deadline for implementing additional U.S. tariffs sapped investor appetite for riskier assets.Reuters
Mon, Mar 24
METALS-London copper firms as dollar slips; looming US tariffs cap gains
NEW DELHI, March 24 (Reuters) - Copper prices in London rose on Monday, tracking some weakness in the dollar, although concerns over the looming U.S. tariffs checked gains.The benchmark three-month copper CMCU3 on the London Metals Exchange (LME) added 1.3% to $9,988 a metric ton as of 0715 GMT.The ...Reuters
Mon, Mar 24
