Google Alert - Business

	Business Daily update ⋅ April 13, 2021
	NEWS
	Reuters Dollar pinned down by lower US yields; inflation data in focus Reuters TOKYO (Reuters) - The dollar languished near 2-1/2-week lows against major peers on Monday as a decline in Treasury yields restrained the U.S. currency. FILE PHOTO: U.S. one dollar banknotes are seen in this illustration taken February 8, 2021. Flag as irrelevant
	Bloomberg Coinbase Sails Toward $100 Billion Valuation on Crypto Frenzy Bloomberg Looks like Wall Street is about to get 100 billion new reasons to believe in Bitcoin. Coinbase Global Inc., the fast-growing exchange at the center of the speculative frenzy in cryptocurrencies, is expected to go public this week at a staggering valuation of about ... Flag as irrelevant
	Reuters Saudi Arabia meets May crude supply for most Asian buyers -sources Reuters ... * Saudi slightly trims supplies to some Japanese buyers - sources. * At least seven Asian buyer asked for less volume - sources. * Impact seen limited as Saudi gradually phases out voluntary cuts -traders. SINGAPORE, April 12 (Reuters) - Top oil exporter ... Flag as irrelevant
	Business Recorder TREASURIES-Yields retain gains after three-year note auction Reuters (Recasts, adds three-year note auction results, analyst comments, byline) By Karen Brettell and Karen Pierog April 12 (Reuters) - U.S. Treasury yields remained slightly higher on Monday following a good three-year note auction and ahead of a 10-year note ... Flag as irrelevant
	Bloomberg Simple Math Is About to Cause an Inflation Problem Bloomberg Due to the way the government's inflation metrics are calculated, what will appear to be significant price increases are all but guaranteed. The phenomenon is known as the base effect, a term worth keeping in mind when new figures make the argument even ... Flag as irrelevant
	Reuters Dollar bounces higher as traders brace for inflation data Reuters LONDON (Reuters) - The dollar gained ground on Monday after last week's drop as traders assessed the outlook for Treasury yields, while awaiting crucial U.S. inflation and retail sales data in coming days. FILE PHOTO: U.S. one hundred dollar notes are ... Flag as irrelevant
	Forbes Despite Record 1Q Results, Coinbase's Valuation Remains Ridiculous Forbes Even though Coinbase's revenue surged over the past 12 months, the company has little-to-no-chance of meeting the future profit expectations that are baked into its ridiculously high expected valuation of $100 billion. The crypto markets are very young, and I ... Flag as irrelevant
	Bloomberg Google, GM CEOs Get a Chance to Make White House Pleas for Chips Bloomberg Top Biden administration officials will hear Monday from companies vying with each other for a sharply constrained global supply of semiconductors, as the White House tries to figure out how to relieve a shortage that's idled automakers worldwide. Flag as irrelevant
	Reuters Grades weaken as Brent/WTI spread contracts Reuters (Reuters) - U.S. cash crude differentials mostly weakened on Monday as the spread between benchmark U.S. crude futures and Brent contracted, dealers said. FILE PHOTO: Pump jacks operate at sunset in Midland, Texas, U.S. February 11, 2019. Flag as irrelevant
	Pound Sterling Live Sterling recovers; long positions shrink to nine-week low Reuters LONDON, April 12 (Reuters) - The pound rose on Monday, recovering partly after a weekly loss, while CFTC data showed that speculators' net long positions fell to a nine-week low as market participants split over the outlook for the UK economy. Flag as irrelevant
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