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AUD/USD gathers strength to near 0.6450 amid renewed tariff concerns
The AUD/USD pair gains ground to near 0.6445 during the early Asian session on Friday. The US Dollar (USD) edges lower against the Australian Dollar (AUD) due to the resurgence of trade uncertainty and disappointing US economic data.
Fxstreet
May 30, 2025
Ethereum researcher raise concerns about Bitcoin potential security problem due to its low fees
Ethereum Foundation researcher Justin Drake has warned about the security of the Bitcoin Network. Drake shared his view on X, noting that the Bitcoin Proof of Work (PoW) consensus mechanism is a ticking time bomb.
WH Economic Adviser Hassett: Confident in success of tariff ruling appeal
In an interview with Fox Business Network on Thursday, Kevin Hassett, Director of the United States (US) National Economic Council (NEC), said that he is confident in the success of the tariff ruling appeal, per Reuters.Fxstreet
May 29, 2025
Bank of Korea Cuts Rates for Fourth Time Amid Domestic and Global Pressures, Reaching 2.5%, a Near Three-Year Low
TradingKey - On Thursday, the Bank of Korea announced a resumption of its rate-cutting cycle, lowering the benchmark interest rate by 25 basis points to 2.50% from 2.75%.TradingKey
May 29, 2025
Dream of Reciprocal Tariffs Shattered? U.S. Court Rules Trump’s Plan Unconstitutional, Revealing New Rifts Between Parties?
TradingKey - On May 28 local time, the U.S. Court of International Trade ruled that former President Donald Trump’s so-called “reciprocal tariff” policy — announced on April 2 (labeled by Trump as "Liberation Day") — is invalid.TradingKey
May 29, 2025
C3.ai, the AI Leader, Sees Revenue Surge of 26%! Generative AI Strategy Ignites Surprising Growth for Fiscal Year 2026
TradingKey - After the market closed on Wednesday, C3.ai (AI.US), a provider of enterprise-level AI application software, announced its performance outlook for the fourth quarter of fiscal year 2025 and fiscal year 2026, with several key indicators demonstrating strong performance.
TradingKey
May 29, 2025
Elon Musk’s xAI Invests $300 Million to Partner with Telegram, Aiming to Reach 1 Billion Users
TradingKey – Amid the global trend of integrating social media with artificial intelligence, Elon Musk’s xAI has announced a major collaboration with Telegram, one of the world's leading messaging platforms.TradingKey
May 29, 2025
Mixed Earnings Report Sparks 15% After-Hours Drop—Is HP Being Oversold?
TradingKey - HP Inc. (HPQ.US) released its Q2 2025 earnings report with mixed results. The company posted earnings per share (EPS) of USD 0.71, below the expected USD 0.79, while revenue came in at USD 13.2 billion, slightly above the forecast of USD 13.07 billion.
TradingKey
May 29, 2025
Is the Fear of Bonds Finally Easing? Record Foreign Demand Seen in 5-Year Treasury Auction
TradingKey - Since May 2025, global bond markets have faced pressure from concerns over government fiscal policies — with yields rising rapidly across major sovereign debt markets. However, a $70 billion auction of 5-year U.S. Treasuries conducted by the U.S. Treasury on Wednesday, May 29 ...TradingKey
May 29, 2025
NVIDIA Q1 Beats Earnings for 10 Consecutive Quarters — Survived H20 Ban, But China Risks Remain
TradingKey - Despite the Trump administration’s new export ban on its China-specific H20 AI chip, NVIDIA (NVDA) delivered better-than-expected revenue and earnings in Q1 of fiscal 2026 — underscoring the strength of global demand for AI infrastructure. However, CEO Jensen Huang warned that...TradingKey
May 29, 2025
Why are Tesla investors still so bearish after all of Elon Musk’s efforts and the stock surging?
Tesla’s stock just jumped 7.7% in after-hours trading, but investors are still bailing like the ship’s leaking. Elon Musk says he’s stepping back from politics to focus on the company, but that isn’t stopping long-time supporters from walking away.Cryptopolitan
May 29, 2025
Japan's rice crisis deepens as market giants scoop best grain
Japan’s rice supply debacle continues as the government is now seeking to lower the price of its stockpiled grain, and focus on discretionary contracts for smaller buyers. However, recent comments from agriculture minister Shinjiro Koizumi have drawn criticism regarding prices, preferential sellingCryptopolitan
May 29, 2025
US court strikes down Donald Trump's 'Liberation Day' tariffs
On Wednesday, a US federal court blocked US President Donald Trump's "Liberation Day" tariffs from going into effect, ruling that the president overstepped his authority by imposing across-the-board duties on imports from nations that sell more to the United States than they buy. per Reuters.Fxstreet
May 29, 2025
Fed Minutes set to reveal details of hawkish stance amid Trump’s tariffs
The Federal Open Market Committee (FOMC) will release the Minutes of its May 6-7 meeting on Wednesday. Back then, policymakers decided to keep the Fed Funds Target Range (FFTR) unchanged at 4.25%-4.50%, as widely anticipated by market participants.
Fxstreet
May 28, 2025
US Stocks Surge on A Successful TACO Trade! Trump's Threat Losing Halo?
On Tuesday, May 28, Eastern Time, following the Memorial Day holiday closure on Monday, U.S. stocks, bonds, and currency markets all rebounded, with the three major indices showing strength. Tesla led the gains among the seven tech giants, as the market executed what is known as a "TACO trade."TradingKey
May 28, 2025
Tesla Stock Soars, Yet UBS Predicts a 48% Decline; Will Musk's Criticism of Trump Prove Effective?
TradingKey - On Tuesday, Eastern Time, Tesla's stock soared by 6.9%, reaching its highest level in three months, which translated into an overnight market value increase of $75.9 billion.
TradingKey
May 28, 2025
Japan Intends to Pour Money for U.S. Chips: Will This Gesture Bring Slashed Tariffs?
TradingKey - According to the Asahi Shimbun, Japan has proposed a procurement plan related to the semiconductor industry during its tariff negotiations with the United States. Japan plans to subsidize domestic companies to import semiconductor products from the U.S. worth up to 1 trillion yen...
TradingKey
May 28, 2025
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