China Stocks End Lower on SinoU.S. Tensions

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 […]
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CAD Surges as BoC Tapers Turns Hawkish; ECB Meeting

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 […]
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Oil Falls for Third Straight Day as Global COVID Cases Rise

Oil futures remained under pressure Thursday, falling for a third straight session, with weakness tied in part to a continued surge in COVID19 cases outside the U.S., underlining concerns about energy demand as lockdowns on business and consumer activities are imposed. West Texas Intermediate crude for June delivery was down 36 cents, or 0.6, at 60.99 […]
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Gold Pulls Back from nearly 2Month High

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 […]
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Fintech Revolut to Hire 300 for India Support Hub

LONDON, April 22 Reuters Revolut will hire 300 staff for its subsidiary in India and make a multimillion pound investment there as part of its global expansion, the Britishbased digital bank app said on Thursday. The company also appointed Paroma Chatterjee, a former executive at Lendingkart and Via.com among other companies, as its chief executive […]
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TorontoBased Tech Firm Alphawave Plans London IPO

Reuters Torontobased semiconductor group Alphawave said on Thursday it was planning to apply for a London listing of its shares, adding that the cornerstone agreement with certain investors gave it a valuation of up to 4.5 billion. The initial public offering would include issuing new shares, raising roughly 500 million, as well as an offer […]
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Euro Zone Yields Track U.S. Treasuries, Eyes on the ECB

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 […]
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