Global equities continued their rally as bulls drew fresh conviction from signs the US may strike more trade deals soon after clinching a pact with Japan.
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Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at:
State-owned banks
Two-wheeler firms
Realty stocks
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JPMorgan Plans to Offer Clients Financing Against Crypto ETFs
The firm will start providing financing against crypto exchange-traded funds, beginning with BlackRock Inc's iShares Bitcoin Trust, in the coming weeks, people familiar with the matter said. The move marks the latest effort involving crypto among the biggest US banks after the Trump administration started removing regulatory barriers.
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Japanese yen rises as strong CPI spurs BOJ hike bets
The Japanese yen gained on Friday, with its pair USD/JPY falling 0.4%. The currency was set to gain nearly 1.5% against the dollar this week.
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Dollar heads lower; sterling helped by strong growth data
In Europe, GBP/USD rose 0.1% to 1.3274, with sterling boosted by the news that Britain’s economy grew more strongly than expected in the first quarter of 2025.
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Netflix Posts Record Profit, Sees No Fallout From Tariffs
The company boosted operating income by 27% to $3.3 billion in the first quarter, beating expectations of $3 billion. Its operating margin of 31.7% was more than three percentage points above its own forecast.
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U.S. stock futures slipped on Thursday, as markets assessed the fallout from President Donald Trump's sudden reversal of his sweeping tariffs on most countries. Trump suggested that...
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"Liberation Day" is here. U.S. President Donald Trump is tipped to unveil a batch of new tariffs on Wednesday, which some believe could upend the longstanding rules-based global trade order. U.S. stock futures point lower, while gold lingers around record highs, as many of the details of Trump’s announcement remain largely unknown.
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Auto stocks slide as US tariffs spoil profit outlook
Some $16.5 billion was wiped from transport stocks in Tokyo, according to LSEG data. They also slid in South Korea, and Europe was braced to sell, with the euro at three-week lows and German DAX futures down 0.7%.
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Mood Improves as Equities Rebound, but Gold, US Dollar Stay Bid
The US dollar also appears to be back in favour for safety flows, edging higher for a third straight day against a basket of currencies.
The pound on the other hand took a knock on Friday after GDP data showed the UK economy unexpectedly contracted slightly in January.
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Futures Rise, Dollar Up as US Shutdown Risk Eases
Gains for the greenback extended into Friday, strengthening a gauge of the currency for a third day.
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