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- Submitted Apr 8, 2025|From capitalspectator.com|1 comment
Pursuing a structual, sudden change in US trade policy is one thing. That alone is disruptive. Even if it’s a net plus in the longer term (a debatable proposition), the current burden that’s weighing on markets and the economic outlook is a lack of ...
- Submitted Apr 8, 2025|From pbs.org|6 comments
Some relief is flowing through financial markets worldwide Tuesday as stocks bounce to recover a bit of their historic losses since President Donald Trump dramatically raised the stakes in his trade war last week. The S&P 500 was up 3.7% in morning ...
- Submitted Apr 8, 2025|From brecorder.com
U.S. tariff negotiations are the result of calls from other countries not sliding financial markets and China’s escalation is a big mistake, U.S. Treasury Secretary Scott Bessent said on Tuesday. “I think it was a big mistake, this Chinese ...
- Submitted Apr 8, 2025|From cointelegraph.com
One presumably panicked Bitcoin user paid nearly 0.75 BTC ($70,500) in a replace-by-fee (RBF) transaction fee. The transaction in question was sent about 30 minutes after midnight UTC on April 8. It was the second attempt at performing an RBF that ...
- Submitted Apr 8, 2025|From forex.com
After the worst three-day plunge since 2020, global stocks were showing signs of life in the first half of Tuesday’s session. Risk appetite improved a little, as traders were encouraged by talk of possible US trade negotiations. Trump’s latest ...
- Submitted Apr 8, 2025|From channelnewsasia.com
The US Justice Department is disbanding its National Cryptocurrency Enforcement Team and ordering prosecutors to focus instead on criminal investigations involving cartels and terrorist groups that use digital currency to finance illicit business, ...
- Submitted Apr 8, 2025|From econostream-media.com|5 comments
European Central Bank Governing Council member Joachim Nagel on Tuesday said that the imposition of tariffs by the US was a 'severe blow’. In a statement issued by the German Bundesbank, which he heads, Nagel said, The US administration has dealt a ...
- Submitted Apr 8, 2025|From @realDonaldTrump|17 comments
I just had a great call with the Acting President of South Korea. We talked about their tremendous and unsustainable Surplus, Tariffs, Shipbuilding, large scale purchase of U.S. LNG, their joint venture in an Alaska Pipeline, and payment for the big time Military Protection we provide to South Korea. They began these Military payments during my first term, Billions of Dollars, but Sleepy Joe Biden, for reasons unknown, terminated the deal. That was a shocker to all! In any event, we have the confines and probability of a great DEAL for both countries. Their top TEAM is on a plane heading to the U.S., and things are looking good. We are likewise dealing with many other countries, all of whom want to make a deal with the United States. Like with South Korea, we are bringing up other subjects that are not covered by Trade and Tariffs, and getting them negotiated also. “ONE STOP SHOPPING” is a beautiful and efficient process!!! China also wants to make a deal, badly, but they don’t know how to get it started. We are waiting for their call. It will happen! GOD BLESS THE USA. *TRUMP: CHINA WANTS TO MAKE A DEAL, WE’RE WAITING FOR THEIR CALL *TRUMP: CHINA DOESN’T KNOW HOW TO GET A DEAL STARTED
- Submitted Apr 8, 2025|From nypost.com|4 comments
The CEO of a top wastewater treatment firm allegedly paid for sex at high-end brothels and the company has defended him, while reiterating a muddled promise of excellence in public remarks amid controversy. Gradiant, a clean-water startup, presented ...
- Submitted Apr 8, 2025|From exchangerates.org.uk
Crypto assets demonstrated some resilience last week before being hit by renewed selling on Monday. Bitcoin (BTC) slumped to 5-month lows below $75,000 before a rebound to just above $79,500 in early Europe on Tuesday. Ethereum collapsed to 2-year ...
- Submitted Apr 8, 2025|From cmegroup.com
Major G7 currencies have posted significant gains against the U.S. dollar in recent weeks, confirming a broad-based USD weakness across the board. chart The 10-Year T-Note futures have completed a textbook inverse Head-and-Shoulders pattern, ...
- Submitted Apr 8, 2025|From fxnewsgroup.com
The cryptocurrency industry shows intense activity this month, with many important developments that new traders and experienced investors need to understand. The cryptocurrency environment is transforming swiftly, with Bitcoin experiencing massive ...
- Submitted Apr 8, 2025|From barrick.com
The Reko Diq Joint Venture shareholders have approved the project’s updated Feasibility Study and conditionally approved the associated Phase 1 development capital subject to the closing of up to $3 billion limited recourse project financing, ...
- Submitted Apr 8, 2025|From cnbc.com|18 comments
The meaning of the word “reciprocity” is being strained by the Trump administration. Not only did the White House use a bizarre formula to determine the degree of its “reciprocal” tariffs on other countries, but it also refused to return the favor ...
- Submitted Apr 8, 2025|From disciplinefunds.com
Here are three things I am thinking about that are really only one thing, of course. 1) Why Tariffs are Bad. I got back into making YouTube videos this weekend (click here for the link). This time I touched on tariffs, how they work, the many myths ...
- Submitted Apr 8, 2025|From financemagnates.com|2 comments
Bitcoin price (BTC) as of today (Tuesday), April 8, 2025, falls below the key support of $80,000, continuing its steep decline from a $109,00 peak earlier this year. Yet, the crypto community is buzzing over a dire warning from Bloomberg Senior ...
- Submitted Apr 8, 2025|From brecorder.com
Gold prices rebounded on Tuesday from a near four-week low reached in the previous session, as heightened concerns over the global trade war between the United States and its key trading partners lifted investor appetite for safe-haven assets. Spot ...
- Submitted Apr 8, 2025|From @PiQSuite|2 comments
ECB'S NAGEL GLOBAL GROWTH PROSPECTS HAVE DETERIORATED MASSIVELY ECB'S NAGEL AT THE UPCOMING MEETING OF THE ECB GOVERNING COUNCIL NEXT WEEK, WE WILL MAKE RESPONSIBLE DECISIONS ECB'S NAGEL EUROPE MUST STAND CLOSER TOGETHER. MONETARY POLICY IN EUROPE WILL PLAY ITS PART IN THIS
- Submitted Apr 8, 2025|From nfib.com
The Small Business Optimism Index fell by 3.3 points in March to 97.4, falling below the 51-year average of 98. This was the largest monthly decline in the Optimism Index since June 2022. Of the 10 Optimism Index components, two increased, seven ...
- Submitted Apr 8, 2025|From dailyforex.com
Bitcoin price continued its strong sell-off this week as concerns about the trade war between the United States and other countries gained steam. The BTC/USD pair dropped to a low of 74,430 on Monday, its lowest point since November 10 last year, ...