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General News

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Why Trump Likes Tariffs: To Fund US Tax Cuts, or Negotiate Trade?

Trump is due to reveal his tariff plans in the White House Rose Garden just as US markets close on Wednesday. Several proposals are said to be under consideration, including a tiered tariff system with a set of flat rates for countries, as well as a more customized reciprocal plan.

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Trump's Liberation Day Is Here. What Stock Markets Need From the Tariffs Announcement.

Republicans lose key Wisconsin race despite Musk's millions, Top AI Researcher Says She's Leaving Meta Platforms, and more news to start your day.

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The Aussie is losing its way as markets' risk compass

The Australian dollar's surprising resilience in the face of the hit to market sentiment from U.S. tariffs is raising questions whether its long-standing role as a proxy for risk is ending.

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Staying Focused Through Tariff Uncertainty And Market Jitters

Uncertainty contributed to a significant sell-off in US stocks last week, especially in technology stocks. While we're seeing headwinds in the US, we're getting some good news in other parts of the world.

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Trump Is Set to Unveil Expansive Global Tariffs

The president on Wednesday will announce sweeping tariffs that he says will restore fairness to the global trading system.

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World braces for Trump tariffs on 'Liberation Day'

President Trump's much-awaited Liberation Day arrives with nations braced for a wave of sweeping reciprocal trade tariffs to be announced with immediate effect at a Rose Garden event later today. The UK is still hopeful of achieving an 11th-hour tariff deal while Brussels pledges a ‘strong plan' in retaliation.

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Stock News

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How Meta's upcoming $1,000+ smart glasses with a screen will work

Meta Platforms Inc., ramping up work on a deluxe version of its popular smart glasses, plans to include hand-gesture controls and a screen for displaying photos and apps.

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Trump tariffs crash Boeing stock — will Airbus be next?

At press time on April 2, Boeing stock (NYSE: BA) was trading at $167.01, after a 6.58% drop on the 1-week chart. President Trump's latest round of tariffs, to be announced later today, could severely impact the aviation giant's long and complex supply chain.

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Trimble Adds New API Capabilities to Accubid Anywhere Estimating Application

Automated connectivity enhances data analysis and collaboration for electrical contractors WESTMINSTER, Colo. , April 2, 2025 /PRNewswire/ -- Trimble® (Nasdaq: TRMB) today announced the availability of new application programming interfaces (APIs) for Trimble Accubid ®  Anywhere, a cloud-hosted estimating software for electrical projects.

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Purepoint Uranium Provides Q2 Corporate Update on Exploration Activities

Toronto, Ontario--(Newsfile Corp. - April 2, 2025) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") provided its Q2 corporate update on exploration activities across its portfolio of uranium projects in Canada's Athabasca Basin. This exploration update highlights the continued advancement of multiple high-priority targets as Purepoint executes on its 2025 exploration strategy alongside industry-leading joint venture partners.

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Phoenix Motor and InductEV Launch the World's First Commercially Available, Wirelessly Charged Medium-Duty Electric Shuttle Bus

Plan for a Range of Vehicles Using Wireless Charging to Improve Range and ROI ANAHEIM, CA / ACCESS Newswire / April 2, 2025 / Phoenix Motor Inc., and InductEV Inc. today announced the successful integration of wireless inductive charging capabilities into its medium-duty electric shuttle bus, a world-first for a commercially available vehicle of this type. The integration of InductEV wireless charging enhances the versatility and operational efficiency of electric shuttle buses, setting a new standard for sustainable, high-performance fleet operations, with wireless charging now available as an option when purchasing vehicles from Phoenix.

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Lavras Gold Corp. Intersects 1.2 g/t Gold Over 251 Metres at Fazenda do Posto Gold Target, LDS Project, Southern Brazil

Drilling intersection includes 2.2 g/t gold over 100 metres, including 4.7 g/t gold over 10 metres. Toronto, Ontario--(Newsfile Corp. - April 2, 2025) - Lavras Gold Corp. (TSXV: LGC) (OTCQX: LGCFF) ("Lavras Gold" or the "Company") is pleased to release the results from 12 new drill holes representing 4,007 metres, testing the Fazenda do Posto Gold Target ("Fazenda do Posto" or "Fazenda Gold Discovery"), located at the western side of the LDS Project in southern Brazil.

Crypto News

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Ted Cruz Introduces FLARE Act to Repurpose Flared Gas for Bitcoin Mining

The Texas Senator's Facilitate Lower Atmospheric Released Emissions bill aims to make the state “the number one place for Bitcoin mining.”

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Bitcoin's Drop Has (Almost) Nothing To Do With The Trade War, According To Some Indicators

As the tariff war reignited by Washington captures attention, Bitcoin hovers around $85,000. Some see a cause-and-effect link.

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Anthony Scaramucci Hates It When Trump Pumps His Own Coin, But Loves The President's Bitcoin Moves — This Complex Crypto Relationship Decoded

Anthony Scaramucci, an influential cryptocurrency advocate and founder of investment firm SkyBridge Capital, has alternated between supporting President Donald Trump's pro-cryptocurrency pivot and warning of the potential pitfalls of some of his decisions. What happened: Scaramucci, who served as the White House Communications Director for a brief 11-day stint during Trump's previous presidency, has evolved into a vocal critic of the president on matters such as tariffs and economic growth.

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XRP News Today? What the Chart Is Secretly Signaling for April!

XRP is on the edge! Will it break out and soar, or crash down hard?

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Russia seeks legal framework for selling seized Bitcoin from criminal activity

Russia is moving closer to selling Bitcoin confiscated during criminal investigations as officials work to create a legal structure for handling such digital assets, local media outlet RBC reported. According to the report, Russia's Federal Bailiff Service, in coordination with other government agencies, is leading efforts to turn seized crypto into government revenue.

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GameStop adds $1.5B Bitcoin to its balance sheet

GameStop raises $1.5B via convertible debt, allocating funds to Bitcoin as it shifts focus from retail to crypto investments.

Forex News

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NZD/USD Price Forecast: Rallies to near 0.5750

The NZD/USD pair advances to near 0.5745 during European trading hours on Wednesday. The Kiwi pair strengthens as antipodeans are outperforming their peers despite firm expectations that they will have collateral damage from reciprocal tariffs by the United States (US) that will be announced by President Donald Trump later in the day.

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Asia Markets Up, Europe Slides And Gold Gains Amid Tariff Uncertainty - Global Markets Today While US Slept

On Tuesday, April 1st, U.S. markets closed mixed. The S&P 500 and Nasdaq ended higher after a volatile session fueled by investor anxiety over impending U.S. tariff announcements from the Trump administration.

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US Dollar Forecast: Struggles to Break Out as ISM PMI Signals Contraction – GBP/USD and EUR/USD

The U.S. dollar hovers near $104.19 as ISM PMI dips below 50, pointing to contraction. Traders eye upcoming data for GBP/USD and EUR/USD direction.

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EUR/USD flattens as investors await Trump's reciprocal tariff policy

EUR/USD flattens as investors await Trump's reciprocal tariff policy

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AUD/USD: Increase in momentum indicates AUD can continue to decline – UOB Group

AUD/USD: Increase in momentum indicates AUD can continue to decline – UOB Group

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USD/JPY: Bias to sell rallies – OCBC

USD/JPY remains caught in a 2-way trade between safe haven demand and JPY being directly hit by reciprocal tariffs. Pair was last at 149.60, OCBC's FX analysts Frances Cheung and Christopher Wong note.