News
Important Only
US STOCKS-Wall Street ends higher as investors track US-China trade talks
June 10 (Reuters) - The S&P 500 ended higher on Tuesday, lifted by a rally in Tesla as investors bet on positive results from U.S.-China trade talks aimed at defusing a tariff dispute that has roiled global markets this year.Reuters
Wed, Jun 11
US, Mexico close to deal that would cut steel tariffs, Bloomberg reports
June 10 (Reuters) - The United States and Mexico are close to a deal that would get rid of 50% tariffs that U.S. President Donald Trump has imposed on Mexican steel imports up to a certain volume, Bloomberg News reported on Tuesday, citing people familiar with the matter.Reuters
Wed, Jun 11
GameStop's first-quarter revenue declines as online gaming demand rises
June 10 (Reuters) - Videogame retailer GameStop GME.N reported a decline in first-quarter revenue on Tuesday as customers increasingly opted for digital downloads over purchases at its brick-and-mortar stores, sending its shares down 4.6% in after-hours trading.
Reuters
Wed, Jun 11
Bitcoin has stayed above $100,000 for 30 straight days, the longest stretch ever
Bitcoin just broke another record by staying above $100,000 for 30 days in a row, the first time that’s ever happened since the cryptocurrency was created. This streak started after its last dip below six figures on May 8, and not once since then has it closed under that level.
Cryptopolitan
Wed, Jun 11
GBP/USD softens after UK data miss, US CPI still in the barrel
GBP/USD took a step lower on Tuesday, falling under the weight of a wide miss in UK wages and unemployment figures. US Consumer Price Index (CPI) inflation data is in the barrel for Wednesday, and Cable traders are set to grapple with mid-tier UK trade data later in the week.
Fxstreet
Wed, Jun 11
US Justice Department fires two tied to Trump probes, people familiar say
WASHINGTON, June 10 (Reuters) - The U.S. Justice Department this week fired two more employees who worked on investigations into President Donald Trump's retention of classified records and efforts to overturn the 2020 election, according to three people familiar with the matter.Reuters
Wed, Jun 11
GLOBAL MARKETS-Stocks, dollar edge higher as investors track US-China trade talk progress
BOSTON/LONDON, June 10 (Reuters) - Global stocks and the dollar were positive but muted on Tuesday as trade talks between the United States and China continued through a second day, giving investors some reason to believe tensions between the world's two largest economies may be easing.Reuters
Wed, Jun 11
U.S. Debt Default Sounding Alarm! CBO: Government Funds Depleted, "X-Date" Could Arrive by Mid-August!
TradingKey - On Monday, June 9th, the Congressional Budget Office (CBO) announced that if the debt ceiling remains unchanged, the U.S. government's ability to borrow through "extraordinary measures" might be depleted between mid-August and the end of September.TradingKey
Tue, Jun 10
Inclusive Finance or Fiscal Redistribution? The Dual Nature of the “Trump Account” Plan
U.S. former President Donald Trump recently announced the “Trump Account” initiative, under which every child born in the U.S. between 2025 and 2029 would receive an initial USD 1,000 investment fund.TradingKey
Tue, Jun 10
TSMC's May Sales Soar 39.6%! Solidifying Its Position as the Global Foundry Kingpin
TradingKey - Taiwan Semiconductor Manufacturing Company (TSMC) reported that its sales in May 2025 surged due to the relentless demand for AI chips. The total sales for the month reached NT320.516 billion, marking a significant year-on-year increase of 39.6%. Although there was a sequential decline
TradingKey
Tue, Jun 10
Pennsylvania's Largest Private Investment Launched: Amazon Bets $20 Billion on AI Future
TradingKey - On Monday, e-commerce giant Amazon (AMZN) announced a $20 billion investment in Pennsylvania, USA, to build two data center campuses. One of the sites will be located adjacent to the Susquehanna nuclear power plant, while the other will be situated in the Fairless Hills logistics park.
TradingKey
Tue, Jun 10
Foreign investors sold Japanese long-term bonds in May on fiscal concerns, weak auctions
June 10 (Reuters) - Foreign investors were net sellers of Japanese long-term bonds for the first time in five months in May, as weak debt auctions and rising fiscal concerns dented demand for longer-dated JGBs.Foreign investors exited a net 134.5 billion yen ($929.70 million) worth long-term JapanesReuters
Tue, Jun 10
Gold holds steady as markets eye US-China trade talks
US-China trade talks set to extend to a second dayTrump says 'doing well' with ChinaBy Anmol Choubey June 10 (Reuters) - Gold prices were steady on Tuesday as market participants awaited developments from the second day of U.S.-China trade talks in London, while a stronger dollar limited ...Reuters
Tue, Jun 10
