News
Important Only
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Deals of the day-Mergers and acquisitions
June 20 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Friday: ** Marco Capital Holdings has acquired R&Q Gamma for undisclosed terms, the legacy specialist is expected to announce later today. nL6N3SN08V ** Billionaire Brad Jacobs&...Reuters
Fri, Jun 20
Forex
USD/JPY Price Forecast: The pair remains bullish with 146.15 on sight
The US Dollar keeps trading in a bullish trend with higher highs and higher lows against a weaker Yen and is on track to close the week 0.8% higher, despite the strong Japanese inflation figures seen earlier today.
Fxstreet
Fri, Jun 20
Other
Concert appoints Carter as risk and claims chief
By Michael JonesJune 20 - (The Insurer) - Concert Group's chief claims officer Kenneth Carter has taken on the additional role of chief risk officer, the company said on Thursday.Carter, who joined the company in October 2024 as chief claims officer, will now oversee risk management across Conce...Reuters
Fri, Jun 20
Technical Analysis
EUR/USD: Likely to trade in a range between 1.1470 and 1.1540 – UOB Group
The current price movements are likely part of a range trading phase between 1.1470 and 1.1540. In the longer run, Euro (EUR) is likely to trade in a range against US Dollar (USD) for now, probably between 1.1400 and 1.1570, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Fri, Jun 20
Stocks
India's consumer durables and wires and cables sectors likely to see a muted Q1- Goldman Sachs
** Goldman Sachs says it expects India's consumer durables and electricals' cos growth to moderate in current quarter** Adds, while B2B sales for consumer durables have a better outlook due to higher-than-expected govt capex in April, B2C is likely to see muted growth on weak demand for cool...Reuters
Fri, Jun 20
Economic Indicator
Iran willing to pursue 'pragmatic' policy with Europe, diplomat says
BERLIN, June 20 (Reuters) - Iran is willing to pursue a balanced and pragmatic policy in its dealings with Europe, and engage rationally with both East and West, an Iranian diplomat said in Berlin on Friday. "Meanwhile, Iran can prove to be a chess piece for Europe to ease the dual pressure betw...Reuters
Fri, Jun 20
Other
Kremlin declines to predict when Putin and Trump may meet face-to-face
ST PETERSBURG, Russia, June 20 (Reuters) - The Kremlin said on Friday it could not predict whether Russian President Vladimir Putin would meet U.S. President Donald Trump this year given how turbulent the world had become. The Kremlin has repeatedly said that Putin is open to an in-person m...Reuters
Fri, Jun 20
Other
IA Capital’s Lerner: AI firms can raise at lofty valuations; ‘most’ insurtechs no longer can
By James ThalerJune 20 - (The Insurer) - IA Capital’s Andy Lerner has said that AI-focused companies can raise funding at high valuations but most insurtechs no longer can, adding that leveraging AI is “table stakes” for current startups.Speaking to The Insurer TV on the sidelines of this month’s In...Reuters
Fri, Jun 20
Stocks
Here's Why I'm Buying Alphabet Stock Like There's No Tomorrow
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) doesn't get the same respect as its big tech peers. These stocks all trade at a premium to the market, as measured by the S&P 500 (SNPINDEX: ^GSPC), while Alphabet does not. There is a lot of pessimism that Alphabet's primary cash cow, the Google search engine...The Motley Fool
Fri, Jun 20
Stocks
MINISO Group Provides Update on Chairman's Collar Transaction
GUANGZHOU, China, June 20, 2025 /PRNewswire/ -- MINISO Group Holding Limited (NYSE: MNSO; HKEX: 9896) ("MINISO", "MINISO Group" or the "Company"), a global value retailer offering a variety of trendy lifestyle products featuring IP design, today announced that it has be...PR Newswire
Fri, Jun 20
Cryptocurrencies
Invesco, Galaxy File for Solana ETF — Mutuum Finance (MUTM) Poised to Benefit
Invesco and Galaxy Digital have recently taken steps to make the Solana spot ETF a reality in the US. The two companies have registered a trust called Invesco Galaxy Solana ETF, according to public records. Various firms have registered trusts, seeking SEC approval for a crypto ETF. Using trusts allows them to have the legal […]Cryptopolitan
Fri, Jun 20
Commodities
Russia says Middle East is plunging into 'abyss'
Russia still ready to mediate between Israel and IranKremlin says it's unclear whether Putin's offer will be taken upSituation 'normal' at Russian-staffed Iranian nuclear plant By Guy Faulconbridge and Dmitry AntonovST PETERSBURG, Russia, June 20 (Reuters) - The Kremlin warned on Fri...Reuters
Fri, Jun 20
Other
Turkish competition authority launches probe into Google's PMAX
ISTANBUL, June 20 (Reuters) - Turkey's antitrust authority will launch a probe into Google's GOOGL.O Performance Max (PMAX) to determine if the AI-powered ad campaign product violates competition laws, it said on Friday.In a statement, the competition board said the probe will examine whethe...Reuters
Fri, Jun 20
Indices
US Dollar Index retraces to near 98.60 as Trump reassesses decision to strike Iran
The US Dollar (USD) retraces from its weekly high as comments from the White House that it will decide on its plans of striking Iran in the next two weeks have provided interim relief to investors.Fxstreet
Fri, Jun 20
Stocks
Could AMD Finally Challenge Nvidia With Its MI400 AI Chips?
Advanced Micro Devices (NASDAQ: AMD) has built a sizable AI accelerator business over the past few years, but it's a drop in the bucket compared with market leader Nvidia (NASDAQ: NVDA). While Nvidia's data center segment generated more than $39 billion in revenue during the most recent quarter alon...The Motley Fool
Fri, Jun 20
Other
Schmelkin: AI insurtech Sixfold’s ‘holy grail’ is boosting premium-to-underwriter metric
By James ThalerJune 20 - (The Insurer) - Sixfold can boost gross written premium per underwriter by 30% to 40%, its founder Alex Schmelkin said, calling the metric the company's “holy grail”.AI underwriting automation platform Sixfold can train models on carriers’ appetites, Schmelkin told The I...Reuters
Fri, Jun 20
Other
Russian troops take control of settlement of Moskovka in Ukraine, defence ministry says
MOSCOW, June 20 (Reuters) - Russian forces have taken control of the settlement of Moskovka in Ukraine's Kharkiv region, the Defence Ministry said on Friday.Reuters could not independently verify the battlefield reports.Reuters
Fri, Jun 20
