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GLOBAL MARKETS-Asian shares climb, dollar eases ahead of US-China talks
TOKYO, June 9 (Reuters) - Shares jumped and the dollar pared recent gains on Monday as Asian markets reacted to better-than-expected U.S. jobs data ahead of talks in London aimed at mending a trade rift between the United States and China.Reuters
Mon, Jun 9
Meta in talks over Scale AI investment that could exceed $10 billion, Bloomberg reports
June 8 (Reuters) - Meta Platforms META.O is in talks to make an investment that could exceed $10 billion in artificial intelligence startup Scale AI, Bloomberg News reported on Sunday. The terms of the deal were not yet finalized and could still change, the report said, citing people familiar with..
Reuters
Mon, Jun 9
Key US-China trade talks set for Monday in London
LONDON, June 9 (Reuters) - Top U.S. and Chinese officials will sit down in London on Monday for talks aimed at defusing the high-stakes trade dispute between the two superpowers that has widened in recent weeks beyond tit-for-tat tariffs to export controls over goods and components critical...
Reuters
Mon, Jun 9
AUD/USD gains ground to near 0.6500 ahead of Chinese CPI inflation data
The AUD/USD pair edges higher to around 0.6500 during the early Asian session on Monday. The Australian Dollar (AUD) strengthens against the US Dollar (USD) after US President Donald Trump said that the United States (US) will hold trade talks with China on Monday.
Fxstreet
Mon, Jun 9
US Ethereum ETFs Record 4 Consecutive Weeks Of Positive Inflows — Details
After a horrendous start to the year, the United States-based spot Ethereum ETFs (exchange-traded funds) have managed to turn their fortune around over the past few weeks. This positive trend mirrors the shift in sentiment amongst Ethereum investors since the start of the year’s second quarter.
Bitcoinist
Mon, Jun 9
Trump says he has no plans to speak to Musk as feud persists
White House official says Trump does not want to talk to MuskFeud complicates efforts to pass tax-cut bill in SenateMusk denounces bill as adding $2.4 trillion in debtBy Nandita Bose and Alexandra Ulmer WASHINGTON, June 6 (Reuters) - U.S. President Donald Trump said on Friday that he has no p...Reuters
Fri, Jun 6
Crude climbs on US jobs report, China talks
Brent, WTI poised to finish the week higherU.S. jobs report shows unemployment steady at 4.2%Trade negotiations continue with ChinaU.S. oil, gas rigs hit lowest level since November 2021By Erwin Seba HOUSTON, June 6 (Reuters) - Crude rose more than $1 a barrel on Friday, posting its first weekly ...Reuters
Fri, Jun 6
Fed taps Horowitz as next inspector general
WASHINGTON, June 6 (Reuters) - The Federal Reserve announced on Friday that Michael Horowitz had been appointed to serve as the central bank's new inspector general.Horowitz, who most recently served as the Justice Department's inspector general, replaces Mark Bialek, who retired in April. A...Reuters
Fri, Jun 6
Trump says Fed should cut rates by a full point
June 6 (Reuters) - U.S. President Donald Trump on Friday called on the Federal Reserve to cut interest rates by a full point."'Too Late' at the Fed is a disaster! Europe has had 10 rate cuts, we have had none. Despite him, our Country is doing great. Go for a full point, Rocket Fuel!"...Reuters
Fri, Jun 6
US yields rise after stronger than expected jobs gains in May
June 6 (Reuters) - U.S. Treasury yields rose after data on Friday showed that employers added more jobs than economists had expected in May, while average hourly earnings also rose more than was forecast. Employers added 139,000 jobs last month, above estimates for a 130,000 increase. Average hourlReuters
Fri, Jun 6
Musk Signals Truce with Trump, Tesla Stock Rebounds 5%
TradingKey - According to American media sources, Elon Musk has hinted at a willingness to ease tensions following a public fallout with Donald Trump. This development has influenced Tesla's shares to climb over 5% in pre-market trading.
TradingKey
Fri, Jun 6
Wall Street futures edge up ahead of jobs data; Tesla rebounds
June 6 (Reuters) - U.S. stock index futures nudged higher on Friday as investors awaited monthly payrolls data, while Tesla shares rebounded on signs of cooling tensions between CEO Elon Musk and U.S. President Donald Trump.Reuters
Fri, Jun 6
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
