News
Important Only
US stock futures dip as investors await trade negotiations
June 3 (Reuters) - U.S. stock index futures slipped on Tuesday as investors awaited possible negotiations between the United States and its trading partners for more clarity on the tariff war that has roiled financial markets for months.Reuters
Tue, Jun 3
Ahead of Robotaxi Debut, Tesla Proponent Cathie Wood Divests 50,000 Shares
TradingKey - Cathie Wood's ARK Invest, known for its strong support of Tesla, surprisingly reduced its holdings by 50,000 shares over three consecutive days last week, just before the anticipated launch of Tesla's Robotaxi.
TradingKey
Tue, Jun 3
Sterling tiptoes lower; 40-year gilt auction, BoE speakers in focus
LONDON, June 3 (Reuters) - The pound trod water on Tuesday, holding mostly steady against the dollar and the euro, ahead of a raft of Bank of England speakers and an auction of long-dated government bonds that may offer a gauge of investor confidence in Britain's finances.Sterling was last down ...
Reuters
Tue, Jun 3
Robinhood's Ambition: Integrating Global Liquidity and Licensing Resources through Bitstamp
Tradingkey – Robinhood has completed the acquisition of cryptocurrency exchange Bitstamp for $200 million in cash, quickly securing operating licenses, liquidity resources, and an established institutional customer base across multiple global markets.
TradingKey
Tue, Jun 3
Apple WWDC 2025 Preview: An Awkward AI Narrative and A Confusing Brand Refresh
TradingKey - Apple’s Worldwide Developers Conference (WWDC) 2025, set to kick off on June 9, is under intense global scrutiny from the tech industry, consumers, and investors—particularly for updates on Apple Intelligence and its broader software roadmap. However, reports suggest that Apple's AI...
TradingKey
Tue, Jun 3
The Dollar(DXY) Posts Worst Start in History—Section 899 Asset Tax Deepens Dollar Woes
TradingKey - Although the easing of U.S.-China tariff tensions briefly slowed the selloff in dollar assets, the Trump administration’s proposed tax on foreign capital has delivered another heavy blow to the greenback. With the U.S. Dollar Index (DXY) down more than 8% year-to-date, the dollar is...
Is the “TACO” Trade Ending? Trump May No Longer Be the Tariff “Flip-Flopper”, Wall Street Expected
TradingKey - President Donald Trump’s frequent reversals on tariff policy have given rise to a popular trading narrative on Wall Street known as “TACO” (Trump Always Chickens Out)—the idea that market volatility can pressure Trump into backing down from aggressive trade policies, leading to sharp...TradingKey
Tue, Jun 3
LIVE MARKETS-Before the bell: futures up, more defence in STOXX indices
European shares were set to open just a touch higher on Tuesday, remaining within recent price ranges, as trade uncertainty kept gripping markets and traders prepared for another rate cut by the European Central Bank on Thursday.Reuters
Tue, Jun 3
PRECIOUS-Gold retreats from nearly 4-week peak as dollar recovers
Donald Trump and Xi Jinping to likely speak this week, White House saysTrump administration wants countries to detail tariff ratesBy Anmol Choubey June 3 (Reuters) - Gold slipped on Tuesday, retreating from a nearly four-week high, as a modest rise in the U.S. dollar weighed, although uncertainty...Reuters
Tue, Jun 3
Trump’s Tariff Uncertainty Drags U.S. Manufacturing into Third Consecutive Month of Contraction—Imports and Exports Collapse
TradingKey - Amid the uncertainty surrounding Trump’s tariff policies, the U.S. manufacturing sector continued its contraction in May, with both import and export indicators hitting multi-year lows. Manufacturers and suppliers remain hesitant amid growing trade tensions and policy instability.TradingKey
Tue, Jun 3
Gold Surges Toward $3,400 — Is the Familiar Gold Rush Back Amid Trump’s Tariff Shocks?
TradingKey - With U.S.-China trade tensions resurfacing and the U.S.-EU tariff conflict escalating, global gold prices surged nearly $100 per ounce on Monday, approaching the key $3,400/oz. Analysts believe that a weaker U.S. dollar and policy uncertainty from Washington will continue to support...
TradingKey
Tue, Jun 3
China's factory activity cools in May as US tariffs hit
BEIJING, June 3 (Reuters) - China's factory activity in May shrank for the first time in eight months, a private-sector survey showed on Tuesday, indicating U.S. tariffs are now starting to directly hurt the manufacturing superpower.Reuters
Tue, Jun 3
