NEW YORK, April 22 Reuters U.S. stocks dived on Thursday on reports President Joe Biden planned to almost double the capital gains tax, news analysts said provided an excuse to take profits in a directionless market ahead of big techs earnings next week. The three main indexes on Wall Street also fell on reports that […]

SYDNEY, April 23 Reuters The Australian dollar ran into technical chart resistance on Friday to slip to a oneweek low as reports U.S. President Joe Biden was planning to nearly double capital gains tax on wealthy Americans hit risk appetite. The Australian dollar went as low as 0.7693, a level not seen since Apr. 14 […]

April 22 Reuters European stocks moved towards record highs on Thursday after stumbling earlier in the week, as a set of strong earnings reports brightened sentiment ahead of the European Central Banks policy decision. The panEuropean STOXX 600 index rose 0.4 by 0707 GMT, extending gains for a second straight session after fears of a […]

SHANGHAI, April 22 Reuters China stocks weakened on Thursday, as SinoU.S. tensions dampened sentiment, offsetting a series of upbeat corporate earnings for the first quarter. The bluechip CSI300 index fell 0.2 to 5,089.24, while the Shanghai Composite Index shed 0.2 to 3,465.11. A bipartisan U.S. congressional push to counteract China picked up steam on Wednesday […]

April 21 Reuters European companies are set to exit a twoyear profit slump with a 60plus jump that outperforms U.S. peers and has spurred recordhigh stock prices, as the world economy rebounds from the worst downturn since World War Two. One of the strongest earnings seasons on record has revived the regions equities that had […]

Rates as of 0500 GMT Market Recap CAD was center stage overnight, with a press disaster around the Bank of Canada meeting capturing everyones attention. According to the website Zero Hedge About 9 minutes before the 10am press release, Bloomberg blasted what appears was a fat fingered and false MT Newswires headline which said Bank […]

Gold futures edged lower Thursday, after pushing to a nearly twomonth high in the previous session as investors weighed surging COVID19 cases outside the U.S. Gold for June delivery was down 5.70, or 0.3, at 1,787.40 an ounce on Comex. May silver was off 13.5 cents, or 0.5, at 26.435 an ounce. Gold was pausing after two […]

SYDNEY, April 22 Reuters The Australian and New Zealand dollars hovered near recent onemonth highs on Thursday with major commoditylinked currencies getting a boost from a hawkish tilt by the Bank of Canada which expects to start tightening policy next year. The BoC signalled it could start hiking interest rates in late2022, providing a lift […]

TOKYO, April 22 Reuters Japanese shares jumped on Thursday as investors scooped up cyclical and chiprelated shares after they fell sharply in the previous two sessions, with sentiment aided by an upbeat finish on Wall Street overnight. The Nikkei share average jumped 1.9 to 29,050.73 by 0152 GMT, while the broader Topix rose 1.59 to […]

MILAN, April 22 Reuters Euro zone government bond yields were broadly unchanged on Thursday ahead of a European Central Bank ECB policy meeting, with investors looking for clues on how the central bank will react to an expected economic recovery. The blocs borrowing costs tracked U.S. Treasury yields, flat after falling in early London trade […]