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GLOBAL MARKETS-Stocks and euro jump on Trump EU tariff delays
LONDON/SINGAPORE, May 26 (Reuters) - Global markets climbed on Monday and the euro rallied after U.S. President Donald Trump kicked his threat to slap 50% tariffs on European Union goods into July, marking another temporary trade policy reprieve.
EUR/USD
Reuters
Tue, May 27
Euro logs one-month high after Trump delays EU tariffs
TOKYO/LONDON, May 26 (Reuters) - The euro hit a one-month high against the U.S. dollar on Monday after U.S. President Donald Trump backed down from threatened 50% duties on European Union shipments from June 1, as the bloc asked for time to "reach a good deal".
EUR/USD
Reuters
Tue, May 27
TSX notches record high as tech leads broad-based gains
May 26 (Reuters) - Canada's main stock index rose on Monday to a record high, with the technology sector leading broad-based gains as investors cheered a cooling in global trade tensions.
Reuters
Tue, May 27
WTI holds steady below $61.50 as traders brace for OPEC+ next move
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.25 during the Asian trading hours on Tuesday. The WTI price holds steady as traders awaits clarity on OPEC+ next move on May 31.
WTI
Fxstreet
Tue, May 27
Coinbase Faces New Lawsuit Over Stock Drop Damages Following Data Breach
Coinbase is facing a new class action lawsuit claiming that investors suffered significant losses over the years due to the crypto exchange’s “omissions,” which have affected the company’s stock price.
Bitcoinist
Tue, May 27
Trump says Putin has 'gone absolutely CRAZY,' considering more sanctions on Russia
WASHINGTON/MOSCOW/KYIV, May 26 (Reuters) - U.S. President Donald Trump said Vladimir Putin had "gone absolutely CRAZY" by unleashing a massive aerial attack on Ukraine and said he was weighing new sanctions on Moscow, though he also scolded Ukrainian President Volodymyr Zelenskiy.
Reuters
Tue, May 27
European stocks recover after Trump delays EU tariffs in hopes of deal
Defence stocks, car makers lead gains on STOXX 600Thyssenkrupp rises after report of shareholder meeting plansSTOXX 600 up 1%, its biggest one-day gain in two weeksBy Nikhil Sharma and Purvi Agarwal May 26 (Reuters) - European shares kicked off the week on a positive note on Monday, recouping the...
Reuters
Mon, May 26
Trump considers redirecting $3 billion in Harvard grants to US trade schools
Harvard has said the sudden funding cuts are unconstitutionalMost of the funding is for biomedical research, not usually done at trade schoolsBy David Shepardson and Jonathan Allen WASHINGTON, May 26 (Reuters) - U.S. President Donald Trump said on Monday he is considering taking $3 billion of pre...
Reuters
Mon, May 26
EU spokesperson: EU's 'zero-for-zero' proposal still on table in talks with US
A spokesperson for the European Commission said on Monday that the European Union's (EU) 'zero-for-zero' proposal is still on the table in tariff negotiations with the United States (US), per Reuters.
EUR/USD
Fxstreet
Mon, May 26
EU warns Shein of fines in consumer protection probe
BRUSSELS, May 26 (Reuters) - The European Union on Monday urged fast-fashion retailer Shein to respect EU consumer protection laws and warned it could face fines if it failed to address the EU's concerns.
Reuters
Mon, May 26
Euro trades at one-month high after Trump delays EU tariffs
TOKYO/LONDON, May 26 (Reuters) - The euro hit a one-month high against the U.S. dollar on Monday, after U.S. President Donald Trump backed down from threatened 50% duties on European Union shipments from June 1, as the bloc asked for time to "reach a good deal".
EUR/USD
Reuters
Mon, May 26
Gold falls nearly 1% after Trump extends tariff deadline on EU goods
Trump extends EU trade talk deadline to July 9Citi upgrades its zero-to-three month gold price target Markets in the United States and Britain closed By Anmol Choubey May 26 (Reuters) - Gold prices fell nearly 1% on Monday after U.S. President Donald Trump dropped his threat to impose 50% tariff
Gold
Reuters
Mon, May 26
U.S. ETFs See Surge in Cash as Short-Term Treasury and Actively Managed Funds Gain Favor
TradingKey - Despite the turbulence in financial markets caused by tariffs and trade wars, U.S. investors' enthusiasm for exchange-traded funds (ETFs) has only grown stronger.
TradingKey
Mon, May 26
NVIDIA's New China-Specific GPU is Here! A 'Chinese Solution' in Response to U.S. Export Restrictions?
TradingKey - Reports indicate that NVIDIA plans to launch a China-exclusive GPU based on the Blackwell architecture. In response to the escalation of U.S. semiconductor export controls against China, NVIDIA (NASDAQ: NVDA) has recently announced plans to produce a China-specific GPU...
NVIDIA Corp
TradingKey
Mon, May 26
DXY: Pulled by gravity – OCBC
US Dollar (USD) bounced at first when Trump threatened with tariffs last Friday. But the bounce did not last, and USD extended its weakness into Monday trade. The price action underscores a re-pricing of weak USD sentiment and confidence.
Fxstreet
Mon, May 26
[Weekly Outlook] Nvidia (NVDA.O) to Set Another Earnings Record? All Eyes on FOMC Meetings, PCE Data, and U.S. Q1 GDP
TradingKey - The market is concerned that the U.S. President Trump may once again wield the tariffs, leading to a halt in the nearly one-and-a-half-month rise of U.S. stocks.
Dell Technologies Inc
HP Inc
NVIDIA Corp
TradingKey
Mon, May 26
$40 Billion! Oracle's Acquisition of 400,000 Nvidia GB200 Chips: A Key Step Toward the Stargate Project?
TradingKey - According to a report by the Financial Times, Oracle (NYSE: ORCL) plans to spend $40 billion to purchase approximately 400,000 units of NVIDIA’s (NASDAQ: NVDA) latest GB200 chips, currently the most powerful AI computing chips in NVIDIA’s lineup, with each unit priced at around...
NVIDIA Corp
Oracle Corp
TradingKey
Mon, May 26
BYD Stock Plunges 9% As New Price War Begins! Is Electric Vehicle Winter Coming?
TradingKey - May 26, 2025.As of this writing, BYD's H-shares closed with daily losses widening to 8.38%, wiping out over 100 billion yuan in market value.
TradingKey
Mon, May 26
Bitcoin 2025 Conference Set to Open—U.S. Vice President J.D. Vance to Deliver Keynote Speech!
The Bitcoin 2025 Conference officially kicks off tomorrow, with U.S. Vice President J.D. Vance and several high-profile industry figures attending the event.
Bitcoin
TradingKey
Mon, May 26
FOREX-Euro vaults to one-month high after Trump U-turn on EU tariffs
Risk-sensitive currencies gain as growth worries recede. Dollar assets also pressured by Trump's sweeping tax bill. U.S. currency even loses ground to safe-haven yen, franc
Reuters
Mon, May 26
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