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Elon Musk renews criticism of Trump spending bill, calls for new political party
June 30 (Reuters) - Billionaire Elon Musk reiterated his criticism of U.S. President Donald Trump's spending legislation on Monday, arguing that it underscores the need for a new political party.The Tesla TSLA.O chief slammed the "insane spending" of the bill, particularly the measure th...Reuters
Tue, Jul 1
Dollar hits near 4-year low versus euro, weighed by worries over tax bill, trade deal
Dollar index on track for biggest H1 drop since early 1970s Euro hits highest since 2021 against the greenbackChina trade progress precedes July 9 tariff deadlineCanadian dollar strengthens after US digital tax is haltedBy Chibuike Oguh NEW YORK, June 30 (Reuters) - The dollar hit a near four-yea
Reuters
Tue, Jul 1
Trump complains about US-Japan trade talks as Bessent warns of higher tariffs
Trump says U.S. will send tariff rate letter to JapanTariff rates expected to increase on July 9Japan negotiator says the countries are working hard on a dealBy David Lawder WASHINGTON, June 30 (Reuters) - President Donald Trump expressed frustration with U.S.-Japan trade negotiations on Monday aReuters
Tue, Jul 1
Oil edges down on easing Middle East risks but gains for a second month
Brent up 6% in June, US crude gains 7% Oil supply risk premium shrinking, says analyst OPEC+ plans could smother any upside in prices, says analystBy Georgina McCartney HOUSTON, June 30 (Reuters) - Oil prices edged down on Monday as investors weighed easing Middle East risks and a possible OPEC+ ...Reuters
Mon, Jun 30
Morgan Stanley Outlook for H2 2025: Three Reasons Why the S&P 500 Can Keep Rising to New Highs
TradingKey - Amid ongoing trade uncertainty and worsening fiscal deficit concerns, the S&P 500 still managed to close the first half of 2025 at a record high. Looking ahead to the second half of the year, Morgan Stanley analysts believe this rally can continue, supported by three key factors.
TradingKey
Mon, Jun 30
2025 Mid-Year Review: The Reversal of the “End of U.S. Exceptionalism” — Strongest Bond Rally in 5 Years, New Equity Highs
TradingKey - In the first half of 2025, concerns over the end of U.S. exceptionalism dominated global investor sentiment, as Trump’s tariff policies triggered frequent sell-offs across stocks, bonds, and the dollar. However, by June, a shift was underway — with U.S. equities hitting record highs ...
TradingKey
Mon, Jun 30
REFILE-ANALYSIS-Even as markets rally, Trump's policymaking causes market angst
Investors see rally to fresh highs as fragileAnalysts describe environment of 'extreme policy uncertainty'Options market shows little sign of euphoria Wide bid/ask spreads, diminished liquidity characterize US stocksBy Suzanne McGee June 28 (Reuters) - As Wall Street puts April's tari...Reuters
Mon, Jun 30
Disney up as Jefferies upgrades to 'buy' on cruise growth, limited parks risk
** Shares of media company Walt Disney DIS.N rise 1.6% to $124.35 premarket** Jefferies upgrades stock rating to "buy" from "hold" on stronger theme parks, cruise business, among others** Brokerage raises DIS PT to $144 from $100, representing an upside of ~18% to stock's last cl...
Reuters
Mon, Jun 30
Sterling heads for biggest quarterly jump in more than two years
June 30 (Reuters) - Sterling was on track for its biggest quarterly rise against the dollar in more than two years on Monday, aided by weakness in the dollar across the board and optimism over a trade deal between the United States and Britain.
Reuters
Mon, Jun 30
Crypto funds record $2.7B in inflows for the 11th week
Crypto funds achieve $2.7 billion in weekly inflows extending the positive streak to eleven consecutive weeks. According to CoinShares data, Switzerland recorded positive flows with $23.0 million in weekly inflows, $53.0 million month-to-date, though showing $232.3 million in year-to-date outflows
Trump to Keep 25% Auto Tariff on Japan — Adding Pressure to Japanese Industrial Output
TradingKey - As U.S.-Japan trade negotiations enter a critical phase, President Donald Trump has warned that he may not lift the proposed 25% tariff on Japanese auto imports, potentially worsening the downward pressure on Japan’s already struggling industrial sector.
2025 Mid-Year Dollar Wrap: Worst First-Half Performance Since the 1970s — Is the Slide Set to Continue?
TradingKey - As the Trump administration’s aggressive tariff policies shift from inflation driver to catalyst for falling U.S. exceptionalism and large-scale capital outflows, combined with rising concerns over Federal Reserve independence and growing expectations for rate cuts, the U.S. dollar has
Meta Poaches 7 OpenAI Researchers in a Month — OpenAI Exec Calls It “As If Someone’s Broken Into Your Home”
TradingKey – The AI talent war between tech giants is heating up, with Meta reportedly luring away at least seven key researchers from OpenAI over the past month — including four core AI scientists.
TradingKey
Mon, Jun 30
Musk Fires Another Shot at One Big Beautiful Act Bill: It Could Ruin America’s Future
TradingKey – On June 20, Tesla CEO Elon Musk once again publicly criticized the U.S. Senate’s draft tax and spending bill, calling it “highly destructive” and warning that it could have long-term negative consequences for the American economy and future industries.TradingKey
Mon, Jun 30
Circle and KakaoPay Shares Tumbled Roughly 20% — Stablecoin Stock Rally Faces Valuation Reality Check
TradingKey - A strong rally in stablecoin-related stocks swept the markets in June, with shares of Circle (CRCL.US) and KakaoPay (377300.KS) more than doubling amid rising investor optimism. However, last week saw both stocks fall sharply — with Circle dropping 24.91% over five days, and KakaoPay...German retail sales fall unexpectedly in May
By Rene Wagner BERLIN, June 30 (Reuters) - German retail sales unexpectedly fell by 1.6% in May compared with the previous month, statistics office data showed on Monday, dampening hopes for strong growth in the second quarter for Europe's largest economy. Analysts polled by Reuters had predi...Reuters
Mon, Jun 30
Premarket Movers | Ondas Holdings up 7%; BigBear.ai up Nearly 5%; SharpLink Gaming up 4%; Goldman Sachs up 2.6%; Circle Sinks 3.6%
BigBear.ai stock rose 4.8% in premarket trading. Shares have gained 40% in June , grabbing investor attention amid renewed interest in AI-driven defense and data analytics firms.Tiger News
Mon, Jun 30
