China Reins in Banks, Crypto $2 Trillion, Credit Suisse Axe - What's up in Markets

Q1 2021: 30 ETF Winners And 20 Losers

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📚 Daily Digest  |  Tuesday, Apr 6, 2021

China Reins in Banks, Crypto $2 Trillion, Credit Suisse Axe - What's up in Markets

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Chinese stock markets fall as the central bank reportedly tells banks to lend less. The cryptocurrency universe is now worth $2 trillion, thanks to a surge in XRP and ether. U.S. stock markets are set to consolidate after Monday's reopening trades pushed them to all-time high closes. Credit Suisse (SIX:CSGN) fires senior managers after the Greensill and Archegos disasters, and oil prices rebound after a surprisingly large increase in output announced by OPEC and its allies. Here's what you need to know in financial markets on Monday, April 6th.

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Stock Market Traffic slows in Suez Canal as tanker faces difficulties ISMAILIA (Egypt) (Reuters) - Marine traffic slowed in the Suez Canal on Tuesday as oil tanker M/T Rumford appeared to face difficulties in the south of the canal, shipping... Technology Russian court fines TikTok over failure to delete content: reports MOSCOW (Reuters) - A Moscow court has fined social media app TikTok 2.6 million roubles ($34,000) over failure to delete content that the court said was related unsanctioned... Corona Virus Global COVID-19 death toll surpasses 3 million amid new infections resurgence By Roshan Abraham and Anurag Maan (Reuters) - Coronavirus-related deaths worldwide crossed 3 million on Tuesday, according to a Reuters tally, as the latest global resurgence of... Economic Indicators What happens when women run the economy? We're about to find out By Andrea Shalal WASHINGTON (Reuters) - Women now hold many of jobs controlling the world's largest economy - and they're trying to fix it. Treasury Secretary Janet Yellen,... Economy Germany's Scholz greets U.S. move to work on global corporate minimum tax rate BERLIN (Reuters) - German Finance Minister Olaf Scholz welcomed on Tuesday a pledge by U.S. Treasury Secretary Janet Yellen to work on a global corporate minimum tax rate, adding... Read More News »

Today's Top Analysis

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