News
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Wall St Week Ahead-US stocks edge toward records with inflation data, policy progress in focus
NEW YORK, June 6 (Reuters) - The U.S. stock rebound has driven key indexes to the cusp of record levels, with fresh economic data and trade and fiscal policy developments set to test whether equities will get an extra push higher in the near term.Reuters
Fri, Jun 6
Germany's Merz eyes car tariff offsetting mechanism after Trump talks
BERLIN, June 6 (Reuters) - German Chancellor Friedrich Merz said on Friday that he would pursue a deal under which U.S. cars could be imported into Europe duty free in exchange for tariff waivers on the same number of vehicles exported to the U.S.Reuters
Fri, Jun 6
Market Pressures Japan to Adjust Bond Supply and Demand; Eyes on BOJ Meeting in June, Potential Issuance Changes in July
TradingKey - Analysts expect Japan authorities to take action on both the supply and demand sides, potentially adjusting the Bank of Japan’s (BOJ) bond-buying program at its June meeting, with issuance changes expected as early as July.
TradingKey
Fri, Jun 6
Price War Has No Winners: BYD Sales Surge, Shares Fall as Short Bets Surge Over Tenfold
TradingKey - BYD (1211.HK), China’s leading electronic vehicle (EV) manufacturer, has once again ignited a fierce price war in the EV sector — boosting its monthly sales to a record high for 2025. Yet, the aggressive pricing strategy appears to have come at a cost: shares of the automaker have...TradingKey
Fri, Jun 6
Trump and Musk Feud Sends Tesla Shares Plummeting, Shorts Pocket $4 Billion — Bulls Return as Tensions Ease
TradingKey - A public spat between U.S. President Donald Trump and Tesla CEO Elon Musk sent the electric vehicle giant’s shares tumbling nearly 14% on Thursday, marking one of the biggest single-day drops in its history. The sharp selloff handed short sellers an estimated $4 billion in profits...
TradingKey
Fri, Jun 6
From Close Ally to Public Confrontation: Why Is Musk Turning Against Trump?
TradingKey - The political alliance between Elon Musk and Donald Trump was once seen as a successful example of “business-meets-politics,” but as policy disagreements intensify, the relationship has nearly collapsed.TradingKey
Fri, Jun 6
Broadcom Q2 Revenue Hits $15 Billion, Tops Estimates! Sees AI Income Growing for 10 Straight Quarters
TradingKey - On June 5, local time, semiconductor giant Broadcom (NASDAQ: AVGO) announced its fiscal year 2025 second-quarter financial results, which exceeded market expectations across the board.
TradingKey
Fri, Jun 6
U.S. and China Agree to Launch Second Round of Talks, Trump Might Grant China a 'Privilege'
TradingKey - Both sides agreed to resume the second round of trade negotiations, with Trump notably extending a welcome to Chinese students to study in the United States — marking a sharp contrast to his earlier stance restricting international student admissions at American universities.
TradingKey
Fri, Jun 6
PRECIOUS-Gold rises as weak US data outweighs optimism from Trump-Xi call
US non-farm payroll data due at 1230 GMTFed officials say inflation as key risk than job market slowdownAll four metals set for weekly gainsBy Anmol Choubey June 6 (Reuters) - Gold rose on Friday and was set for weekly gains, as a spate of soft U.S. economic data outweighed initial optimism over ...Reuters
Fri, Jun 6
Tesla shares rise as Politico reports Musk-White House to hold call
LONDON, June 6 (Reuters) - Tesla shares listed in Frankfurt rose 5.6% on Friday after Politico reported White House aides have scheduled a call with CEO Elon Musk to broker peace after a public feud with U.S. President Donald Trump.Reuters
Fri, Jun 6
Taiwan central bank says its communication with US Treasury has long been smooth
TAIPEI, June 6 (Reuters) - Taiwan's central bank said on Friday that its communication with the U.S. Treasury Department has long been smooth, after it left the island on its currency monitoring list.The central bank said in a statement that it will continue to exchange views with the U.S. Treas...Reuters
Fri, Jun 6
Japan's 30-year bond unchanged after expected weak auction
TOKYO, June 6 (Reuters) - Japan's 30-year government bonds (JGBs) were flat on Friday after being untraded for most of the session, following a weak auction for bonds with the same tenor in the previous session.The 30-year JGB yield JP30YTN=JBTC was flat at 2.885%.The bond price rose in the prev...Reuters
Fri, Jun 6
