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Yen sinks as rates outlook diverges; New Zealand dollar tumbles
  + stars: | 2023-04-10 | by ( ) www.cnbc.com   time to read: +2 min
Yen, euro and U.S. dollar banknotes of various denominations. Meanwhile, the risk-sensitive New Zealand and Australian dollars weakened amid heightened U.S.-China tensions over Taiwan, with Beijing a key trading partner for the Antipodean nations. The yen slipped 0.4% against the U.S. dollar to 132.70, extending its decline from Friday, when data showed the U.S. economy continued to add jobs at a brisk pace in March. Barring an upside surprise in U.S. consumer price data on Wednesday, the dollar has limited room to rise against the yen from current levels, they added. Meanwhile, the New Zealand dollar slumped about 0.7% to $0.62325, and the Aussie slipped 0.13% to $0.6665.
Russian forces step up strikes on two key Ukrainian cities
  + stars: | 2023-04-10 | by ( ) www.reuters.com   time to read: +4 min
Russian forces have been besieging Bakhmut for months in the longest battle in more than a year of war. Ukraine's State Emergencies Service said a 50-year-old man and his daughter, 11, were killed after Russian forces struck a residential building in Zaporizhzhia, in the southeast. RUSSIAN ATTACKS REPELLEDMore than 40 enemy attacks had been repelled over the past 24 hours, Ukraine's general staff said. "In central Zaporizhzhia and southern Kherson region, enemy forces continued to build fortifications," it said. Ukrainian military analyst Oleh Zhdanov said Russian forces controlled the centre of Bakhmut, with much of their actions now focusing on the city's railway station.
[1/4] Golf - The Masters - Augusta National Golf Club - Augusta, Georgia, U.S. - April 9, 2023 Spain's Jon Rahm thanks the late Seve Ballesteros during his speech after winning The Masters REUTERS/Brian SnyderAUGUSTA, Georgia, April 9 (Reuters) - Spaniard Jon Rahm captured the biggest win of his career at the Masters on Sunday and said he felt the presence of his idol, the late Seve Ballesteros, helping pull him through. Ballesteros, who died of brain cancer in 2011, inspired a generation of golfers in his country and counts two Masters titles among his five major championships. With victory all but sewn up, Rahm pulled his drive into the trees on the last and hit a provisional. "For me to get it done on the 40th anniversary of his win, his birthday, on Easter Sunday, it's incredibly meaningful," said Rahm. Reporting by Frank Pingue in Augusta, Georgia; Editing by Peter RutherfordOur Standards: The Thomson Reuters Trust Principles.
MUMBAI, MAHARASHTRA, INDIA - 2022/10/06: People are seen taking photos of the City of Mumbai skyline. (Photo by Ashish Vaishnav/SOPA Images/LightRocket via Getty Images)Asia-Pacific markets were mostly higher on Monday as some investors returned from a long Easter weekend. Japan's Nikkei 225 opened 0.65% higher, with the Topix seeing a larger gain of 0.8%. Australian and Hong Kong markets remained closed due to a four day Easter holiday till Monday. India will release its fiscal deficit figures for March, as well as its March trade data, while Indonesia's retail sales for February will also be out.
LONDONDERRY, Northern Ireland, April 10 (Reuters) - A number of masked people attacked police with petrol bombs and other objects at a parade opposing the Good Friday peace accord in Londonderry, police said on Monday, a day before U.S. President Joe Biden visits Belfast. A Reuters photograph showed four young people in the mainly Irish nationalist area of Creggan throwing petrol bombs at an armoured police vehicles, which was covered in flames on one side. "Our officers have come under attack in Creggan with petrol bombs and other objects thrown at their vehicle while in attendance at an un-notified Easter parade. Monday marked the 25th anniversary of the signing of the Good Friday Agreement that largely ended three decades of sectarian bloodshed in Northern Ireland. Reporting by Clodagh Kilcoyne, writing by Padraic Halpin in Dublin; editing by John Stonestreet and Barbara LewisOur Standards: The Thomson Reuters Trust Principles.
U.S. government debt prices were higher on Monday, after data released last week hinted at a slowdown in job growth. The yield on the benchmark 10-year Treasury note slipped to 3.3626%, while the yield on the 30-year Treasury bond dipped to 3.5811%. Last week, the Labor Department released nonfarm payroll data for March, showing that the U.S. economy added 236,000 jobs over the period. Also in focus for investors is the inflation outlook, with consumer price index data due out on Wednesday. Auctions of three-month and six-month Treasury bills are scheduled for 11.30 a.m.
MLB roundup: Rays crush A's, run opening win streak to 9
  + stars: | 2023-04-10 | by ( ) www.reuters.com   time to read: +11 min
The Rays' matched the 2003 Kansas City Royals for the hottest streak to start a season in baseball's wild-card era. The Rays' plus-57 run differential through nine games is the largest ever in MLB since 1900. Padres starter Seth Lugo (2-0) gave up one run on five hits and four walks with five strikeouts over six innings to earn the win. Chicago starter Michael Kopech (0-2) gave up one run and two hits in six innings, with three walks and five strikeouts. Rangers starter Jon Gray (1-1) allowed Edwin Rios' two-run homer in the second inning.
Biden went further in teasing a 2024 announcement on Monday. The president told NBC's Al Roker that he plans on running, pushing closer to a formal announcement. "I plan on running, Al, but we're not prepared to announce it yet," Biden told NBC's Al Roker during an interview on the "Today" show. And we have time to make that decision," Biden told MSNBC's Jonathan Capehart last October. The veteran NBC host teased the president's future by asking how many more Easter Egg Rolls Biden expects to lead.
He previously wished "losers" and "RINOs" a happy Father's Day, and posted angry Christmas greetings. In his all-caps post, Trump extended his greetings to: "THOSE THAT ARE SO INCOMPETENT THEY DON'T REALIZE THAT HAVING A BORDER AND POWERFUL WALL IS A GOOD THING." "TO ALL OF THOSE WEAK & PATHETIC RINOS, RADICAL LEFT DEMOCRATS, SOCIALISTS, MARXISTS, & COMMUNISTS WHO ARE KILLING OUR NATION, REMEMBER, WE WILL BE BACK!" Last Christmas, Trump also seized the chance to make a post on Truth Social, where he called the US a "horror show." "Merry Christmas to EVERYONE, including the Radical Left Marxists that are trying to destroy our Country," Trump added in his 2022 Christmas message.
The dramatic escalation in China-Taiwan tensions will loom large over Asia on Monday, potentially cranking up market volatility in a session with trading volume already likely to be reduced with much of Europe closed for the Easter Monday holiday. On the economic data front on Monday, Japanese current account figures for February and the possible release of Chinese credit, loan growth and money supply data for March could divert investors' attention away from the geopolitics. chartchartGlobally, market direction this week will be driven in part by March U.S. consumer price inflation on Wednesday. chartThe first-quarter U.S. earnings season gets underway this week too, with major banks including JPMorgan and Citigroup out on Friday. More immediately though, attention on Monday will be fixed on the final day of China's three-day military drills around Taiwan.
REUTERS/Karen Pulfer FochtApril 9 (Reuters) - Two Tennessee Democrats who were expelled from the Republican-dominated state House of Representatives last week over their participation in a gun control protest said on Sunday that they hoped to soon reclaim their seats. Metro Council Member Kevin Rhoten said on Twitter that he had been bombarded with emails since Thursday asking him to vote to appoint Justin Jones for the District 52 seat, and that he planned to do that. "I would be honored to accept the appointment of the Shelby County Commission and to run in a special election," Pearson told NBC on Sunday. Videos posted to Twitter showed the two Black lawmakers, Representatives Jones and Pearson, shouting through a bullhorn on the House floor, saying "No action, no peace!" Only two other Tennessee state representatives have been expelled by their colleagues since the Civil War era: one in 1980 for soliciting a bribe in exchange for blocking legislation and another in 2016 after being accused of sexual misconduct by numerous women.
Pope Francis leads the Easter Sunday Mass at St. Peter’s Square in the Vatican. ROME— Pope Francis highlighted the war in Ukraine in his traditional Easter message on Sunday, calling for the international community to help end the fighting there. The pope, who has frequently deplored the suffering of Ukrainians since Russia’s full-scale invasion in February 2022, followed his usual practice of not naming Russia as the aggressor but prayed for the wounded and bereaved and the return of prisoners on both sides.
[1/5] A bride and a groom wait during the Easter Sunday mass wedding ceremony, organised by the International Pentecostal Holiness Church Jerusalem City (IPHC), with more than 800 couples taking part, in Kgabalatsane in the North-West province, South Africa, April 9, 2023. REUTERS/Siphiwe SibekoJOHANNESBURG, April 9 (Reuters) - More than 800 couples walked down the aisle on Easter Sunday in one of the biggest mass wedding ceremonies in South Africa since the COVID-19 pandemic. The International Pentecost Holiness Church blesses polygamous unions, which are common in some African communities, and the church says are authorised by the Bible. Its mass nuptials take place three times a year – at Easter, in December, and also during the celebrations in September of the church's founding in 1962. Current wives wore colourful attire to the ceremony at the International Pentecost Holiness Church's Jerusalem congregation, 100 kilometers (62 miles) north of Johannesburg.
The Hottest Tech Topics Among Older AdultsA retirement community in Lancaster, Pa., is integrating tech more and more into the lives of their residents, proving what experts on aging have been saying for years: Older adults are just as keen on new technologies as anyone else. WSJ family and tech columnist Julie Jargon joins host Julie Chang to talk about what tech appeals most to older adults and why. Photo: MICHELLE GUSTAFSON/ WSJ
On "Fox News Sunday" Senator Lindsey Graham said he'd be open to sending US troops to defend Taiwan. The GOP Senator warned that China appears to be preparing to create a blockade around the island nation. Warning of Russian and Chinese expansionism, he said the US needs to "up our game." "I'd be very much open to using US forces to defend Taiwan because it's in our national security interest to do so," Graham said, citing the large supply of high-end microchips created in Taiwan and the risk of allowing China to take control of the technology. While some Republican politicians have criticized the United States' ongoing support of the Ukrainian war effort, Graham has maintained his support of providing military and humanitarian aid, even proposing the White House ramp up hostilities against Russian forces.
Ukraine's military reported Russian attacks and shelling throughout the front, with the heaviest fighting still focused on two cities in eastern Donetsk region -- Bakhmut and Avdiivka. Russian forces have been besieging Bakhmut for months in the longest battle in more than a year of war. It also said Russian forces had destroyed Ukrainian army warehouses storing missiles, ammunition and artillery in Zaporizhzhia and Donetsk regions. RUSSIAN ATTACKS REPELLEDThe General Staff of Ukraine's Armed Forces said more than 40 enemy attacks had been repelled over the past 24 hours. Ukrainian military analyst Oleh Zhdanov said Russian forces controlled the centre of Bakhmut, with much of their actions now focusing on the city's railway station.
British royals gather for first Easter of King Charles' reign
  + stars: | 2023-04-09 | by ( ) www.reuters.com   time to read: +2 min
[1/2] King Charles III and the Queen Consort attend the Easter Mattins Service at St George's Chapel at Windsor Castle in Berkshire, Britain April 9, 2023. Yui Mok/Pool via REUTERSLONDON, April 9 (Reuters) - King Charles and senior British royals gathered at Windsor Castle for their traditional Easter service on Sunday, the first of the new monarch's reign. Also present was the king's younger brother Prince Andrew, who was removed from royal duties before settling a U.S. sex abuse lawsuit last year. Both are buried in the King George VI chapel at Windsor. It is also the 18th wedding anniversary for Charles and second wife Camilla, who tied the knot in Windsor in 2005.
Opinion: Texas judge’s stunning ruling caps extraordinary week
  + stars: | 2023-04-09 | by ( ) edition.cnn.com   time to read: +17 min
We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. Tennessee legislators targeted three members of the state House for joining a gun control protest in the chamber, expelling two young Black men while failing to oust a 60-year-old White woman. (He gave the Biden administration a week to appeal the ruling before it goes into effect. Thus, the week that began with Trump facing a judge in Manhattan ended with a Trump-appointed judge overturning more than two decades of medical practice. “They go far too fast to be safe on the sidewalk” and aren’t right for bike lanes or roads either.
New data from Instacart reveals the most popular candies for the 2022 Easter season across the US. The 2022 Easter top 10 national treats, according to Instacart:The top 10 most popular Easter candies for 2022. InstacartInstacart also conducted a survey with The Harris Poll of 2,000 Americans, about two-thirds of which said they celebrate Easter. The company also broke the data down by state, and revealed the most popular Easter treat in all 50 states plus Washington, DC. Here's the most popular Easter candy for 2022 by state, along with a breakdown by the numbers, below:
VATICAN CITY, April 9 (Reuters) - Pope Francis appeared to ask Russians to seek the truth about their country's invasion of Ukraine in his Easter message to the world on Sunday and appealed for dialogue between Israelis and Palestinians following recent violence. Honour units of Vatican Swiss Guards and Italian Carabinieri police - both in ceremonial dress - stood at attention. "Help the beloved Ukrainian people on their journey towards peace, and shed the light of Easter upon the people of Russia," he said. As he has done every Easter, Francis called for peace in the Middle East, his appeal made more urgent by recent violence in Jerusalem and cross-border exchanges of fire involving Israel, Lebanon and Syria. The government, which has suspended diplomatic relations with the Vatican, banned outdoor Holy Week processions this year.
April 8 (Reuters) - Burnley manager Vincent Kompany said he did not expect to lead the Lancashire club to promotion to the Premier League in his first season in charge, but having achieved that return to the top tier he said his side are now aiming for more. Burnley secured automatic promotion to the Premier League with seven games to spare after Friday's 2-1 victory at Middlesbrough ensured Kompany's side will finish in the second-tier Championship's top two. They make their return to the top flight after one season, having been relegated on the final day of the 2021-22 campaign, in which they finished third-bottom. "It's Easter, there are seven games to go and we are already celebrating," Kompany told Sky Sports. Club chairman Alan Pace said the promotion came as a "complete surprise".
EU calls for restraint, calm amid Israel-Palestinian clashes
  + stars: | 2023-04-08 | by ( ) www.reuters.com   time to read: +1 min
BRUSSELS, April 8 (Reuters) - EU foreign policy chief Josep Borrell on Saturday condemned the escalating violence between Israel and the Palestinians, urging all parties to exercise restraint and promote calm for the ongoing religious holidays. The EU calls for an immediate end to the ongoing violence. "We urge all parties to exercise maximum restraint, to avoid further escalation and promote calm for the ongoing religious holidays," he said. The Muslim holy month of Ramadan, Judaism's Passover and Christian Easter are all occuring this month. Reporting by Foo Yun Chee; Editing by Toby ChopraOur Standards: The Thomson Reuters Trust Principles.
[1/5] Pope Francis presides over the Easter Vigil in Saint Peter's Basilica at the Vatican, April 8, 2023. REUTERS/Remo CasilliVATICAN CITY, April 8 (Reuters) - Pope Francis led the world's Roman Catholics into Easter at a Saturday night vigil Mass in St. Peter's Basilica, decrying the "icy winds of war" and other injustices. The 86-year-old Francis skipped an outdoor event on Friday night because of unseasonably cold temperatures in Rome. Francis appeared to be well during the Easter Vigil service, during which he baptised eight adult converts to Catholicism. Easter is the most important day in the Christian liturgical calendar because it commemorates the day the Bible says Jesus rose from the dead.
The yield on the benchmark 10-year Treasury note was higher by 1.5 basis points at 3.305%, while the 2-year rate was 1.8 basis points higher at 3.839%. U.S. Treasury yields ticked upward Friday ahead of the release of U.S. non-farm payrolls, while many markets were closed for the Easter holiday. Investors will be assessing labor market data to monitor potential reactions from the Fed and the possibility of a recession. The U.S. jobs report and unemployment rate are set for release Friday, but, with many markets closed or on a half day, reactions may be muted. The Labor Department reported Thursday that jobless claims for the week ending on April 1 came in at 228,000, suggesting pressure is building on the labor market.
April 7 (Reuters) - The Police Service of Northern Ireland (PSNI) has warned of the potential for public disorder by dissident republicans over the Easter weekend, days before a visit by U.S. President Joe Biden, the BBC reported on Thursday. The PSNI has made temporary changes to work shifts to put more officers onto frontline duties, he said. The Police warning comes ahead of President Biden's visit next week and after British intelligence agency MI5 increased the threat level from domestic terrorism in Northern Ireland to "severe". There is sporadic violence in Northern Ireland by small groups that has kept the threat level mostly at "severe" since the system was introduced in 2010. Reporting by Rahat Sandhu and Shivani Tanna in Bengaluru; Editing by Christopher CushingOur Standards: The Thomson Reuters Trust Principles.
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