News
Important Only
Argentina launches $2 billion repurchase agreement to boost reserves
BUENOS AIRES, June 9 (Reuters) - Argentina's central bank will launch a repurchase agreement of up to $2 billion, known as a REPO, to boost its foreign reserves, it said on Monday.The deal - announced alongside other measures to increase the central bank's reserves - comes ahead of an expect...Reuters
Mon, Jun 9
Argentina launches $2 billion repurchase agreement to boost reserves
BUENOS AIRES, June 9 (Reuters) - Argentina's central bank will launch a repurchase agreement of up to $2 billion, known as a REPO, to boost its foreign reserves, it said on Monday.The deal is expected on June 11, the central bank said in a statement.Reuters
Mon, Jun 9
Deals of the day-Mergers and acquisitions
June 9 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 20:00 GMT on Monday:** UnitedHealth Group UNH.N is weighing multiple bids for its Latin American operations, according to two people with direct knowledge of the matter, as the insurer buckles down after a se...Reuters
Mon, Jun 9
FOREX-Dollar softens as US-China talks take spotlight
US, China in trade talks in LondonLast week's better than expected US jobs report provides reliefJapan tariff negotiator to visit US late this week, report saysChina's May exports slow, deflation deepens as tariffs biteBy Gertrude Chavez-Dreyfuss NEW YORK, June 9 (Reuters) - The U.S. doll...Reuters
Mon, Jun 9
Silver Price Forecast: XAG/USD continues to soar amid perfect storm conditions
XAG/USD hit another 13-year high to kick off the new trading week, testing above $36.80 per ounce and laying fresh tracks toward $37.00/oz as metals investors bank on a perfect storm of factors to continue pushing Silver prices into their highest bids since early 2012.
Fxstreet
Mon, Jun 9
EXCLUSIVE-UnitedHealth eyes $1 billion deal to exit Latin America as insurer refocuses on US, sources say
Shares are 40% down this year amid a multi-layered crisisCompany has been trying to divest from Latin America since 2022Four US and Latam groups interested in Banmedica; deal may be reached during summer -sourcesBy Tatiana Bautzer and Sabrina Valle NEW YORK, June 9 (Reuters) - UnitedHealth Group ...Reuters
Mon, Jun 9
CANADA FX DEBT-Canadian dollar gains as increased defense spending fuels trade deal hopes
Canadian dollar gains 0.1% against the greenbackTrades in a range of 1.3670 to 1.3707Canada vows to hit NATO miiltary spending target this yearCanada-U.S. 10-year spread narrows by 3.3 basis pointsBy Fergal Smith TORONTO, June 9 (Reuters) - The Canadian dollar edged higher against its U.S. counte...Reuters
Mon, Jun 9
BREAKINGVIEWS-Circle IPO tethers rival to an unhinged valuation
By Stephen Gandel NEW YORK, June 9 (Reuters Breakingviews) - Sometimes the devil is in the big picture. Circle Internet Group’s CRCL.N shares have soared roughly 260% in the days following the cryptocurrency firm’s initial public offering. That’s an appealing result for Tether: depending on how i...Reuters
Mon, Jun 9
GBP/USD edges up as Trump loosens tech trade grip with China
GBP/USD registered minimal gains during the North American session after hitting a daily high of 1.3581, following a Wall Street Journal article suggesting that US President Donald Trump is granting maneuvering room to US Treasury Secretary Scott Bessent regarding tech sales and lift export controls
Fxstreet
Mon, Jun 9
FTSE Russell to remove Currenex data from some FX benchmarks
LONDON, June 9 (Reuters) - The London Stock Exchange Group's LSEG.L FTSE Russell unit is removing State Street's Currenex data from its euro, yen and Swiss franc WMR FX benchmarks, it said on Monday.The move came after FTSE Russell sought feedback from clients over the last few weeks and aft...Reuters
Mon, Jun 9
FOREX-Dollar dips after jobs-fueled rally; US-China talks in focus
US, China in trade talks in London on MondayLast week's better than feared US jobs report provides reliefJapan tariff negotiator to visit US late this week, report saysChina's May exports slow, deflation deepens as tariffs biteBy Linda Pasquini and Gertrude Chavez-Dreyfuss GDANSK/NEW YORK...Reuters
Mon, Jun 9
Deals of the day-Mergers and acquisitions
June 9 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Monday: ** Baker Hughes said it will sell its precision sensors and instrumentation (PSI) product line to aerospace and defense parts manufacturer Crane for $1.15 bi...Reuters
Mon, Jun 9
EXCLUSIVE-UnitedHealth eyes $1 billion deal to exit Latin America as insurer refocuses on US, sources say
Shares are 40% down this year amid a multi-layered crisisCompany has been trying to divest from Latin America since 2022Four U.S. and Latin American groups interested in Banmedica and deal may be reached during summer, sources sayBy Tatiana Bautzer and Sabrina Valle NEW YORK, June 9 (Reuters) - ...Reuters
Mon, Jun 9
