AUD, NZD Hit FiveWeek Highs on Rising Commodity Prices

SYDNEY, April 20 Reuters The Australian dollar hit its highest level in nearly five weeks on Tuesday after the central bank sounded upbeat on the countrys economic recovery, while higher commodity prices also underpinned the currency. The Aussie gained 0.54 to 0.7796 its highest since March 18 after minutes from the Reserve Bank of Australias […]
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LongTerm JGB Yields Fall as 20Year Auction Soothes Nerves

TOKYO, April 20 Reuters Yields on longerdated Japanese government bonds fell on Tuesday, after an auction of 20year notes drew reasonably strong demand, easing concerns about investor appetite for new debt coming to market. The lowest price accepted at the finance ministrys auction of 20year bonds was higher than traders expectations, which is an indication […]
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Gold Edges up on Weaker Dollar and U.S. Yields

April 20 Reuters Gold prices inched higher on Tuesday, hovering below a sevenweek peak hit in the previous session, bolstered by a pullback in U.S. Treasury yields and a weaker dollar. Spot gold was up 0.1 to 1,770.40 per ounce at 1215 GMT, after hitting 1,789.77 on Monday, its highest since Feb. 25. U.S. gold […]
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Copper Rises as Global Recovery Hopes Fuel Sentiment

HANOI, April 19 Reuters Copper prices advanced on Monday as rampedup vaccine rollouts and more countries easing lockdowns boosted hopes of a steady global economic recovery and higher demand for metals. Threemonth copper on the London Metal Exchange was up 1.9 at 9,384 a tonne by 0729 GMT, while the mosttraded June copper contract on […]
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Coinbase CEO Sold 291.8M in Shares on Opening Day

Coinbase insiders and early investors sold about 5 billion in shares in total during the leading cryptocurrency exchanges first day of trading on the Nasdaq earlier this week, according to series of filings made Friday with the U.S. Securities and Exchange Commission SEC. CEO Brian Armstrong sold 749,999 shares in three batches at prices ranging […]
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European shares inch to record highs on recovery optimism

European stocks inched higher on Monday, extending their recordsetting rally, as optimism about a solid start to the earnings season offset a worrying resurgence in COVID19 cases globally. The panEuropean STOXX 600 index rose 0.1 after marking its seventh straight week of gains on Friday, while an index of euro zone shares rose 0.1 to […]
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