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Cryptocurrencies
The Fed and everything analysts expect to shake Bitcoin this week:
Bitcoin begins a new week with bullish momentum ahead of the Federal Reserve’s upcoming policy meeting, which could significantly shift market sentiment. BTC/USD is trading tightly around the $107,000 mark, and traders are preparing for a volatile stretch buoyed by inflation fears, the Israel-Iran feud, and the Wednesday FOMC meeting. Here are four developments the […]Cryptopolitan
Mon, Jun 16
Stocks
PRECIOUS-Gold falls as investor focus turns to G7 meeting, Fed rate decision
G7 leaders to discuss Israel-Iran conflict in CanadaNo sign of panic among investors over Middle East escalationFed policy decision due on WednesdayBy Anushree Mukherjee June 16 (Reuters) - Gold fell on Monday as investors weighed the impact of the ongoing Israel-Iran conflict, while also focusin...Reuters
Mon, Jun 16
Other
Under Armour Inc - Enters Into Seventh Amendment To Credit Agreement - SEC Filing
June 16 (Reuters) - Under Armour Inc UAA.N:UNDER ARMOUR INC - ENTERS INTO SEVENTH AMENDMENT TO CREDIT AGREEMENT - SEC FILINGUNDER ARMOUR INC - AMENDED CREDIT AGREEMENT INCLUDES $1.1 BILLION REVOLVING CREDIT FACILITY - SEC FILINGUNDER ARMOUR INC - MATURITY DATE EXTENDED TO JUNE 16, 2030 - SEC FILINGS...Reuters
Mon, Jun 16
Other
Reddit unveils AI-driven ad tools to help brands tap into user discussions
June 16 (Reuters) - Reddit launched two new AI-powered advertising features on Monday aimed at helping brands drive greater engagement by tapping user conversations on the platform, the company said.The company said its AI-driven tool, "Reddit Insights", would provide real-time insights to m...Reuters
Mon, Jun 16
Commodities
Air India chairman says crash should drive effort to build safer airline
Air India crash latest challenge for struggling airlineChairman holds town hall after plane crashAsks staff to stay resolute amid criticism Incident most heartbreaking´ä crisis of his career, chair says By Aditya Kalra NEW DELHI, June 16 (Reuters) - Air India's Chairman N. Chandrasekaran on M...Reuters
Mon, Jun 16
Other
China planemaker COMAC signs agreements with Safran, Crane linked to C929 aircraft project
BEIJING, June 16 (Reuters) - China's state-owned planemaker COMAC has signed preliminary agreements with jet engine maker Safran and aerospace parts maker Crane for cooperation on its C929 widebody aircraft project at the Paris airshow, the company said on Monday.Reuters
Mon, Jun 16
Other
Eaton to buy Ultra PCS Limited from Cobham Ultra Group for $1.55 billion
June 16 (Reuters) - Electrical equipment maker Eaton ETN.N said on Monday it had signed an agreement to acquire privately owned engineering solutions company Ultra PCS Limited from Cobham Ultra Group in a deal worth $1.55 billion. Eaton, which makes electrical components used in data centers, EV ...Reuters
Mon, Jun 16
Forex
NZD/USD surges to near 0.6040 as investors digest Middle East tensions
The NZD/USD pair is up 0.5% to near 0.6040 during European trading hours on Monday. The Kiwi pair strengthens as demand for riskier assets has increased, while tensions between Israel and Iran remain intact.
Fxstreet
Mon, Jun 16
Forex
CAD retains a firm undertone but ignores crude swings – Scotiabank
The Canadian Dollar (CAD) retains a firm undertone against a generally softer US Dollar (USD). The CAD’s performance since the outbreak of Israel/Iran hostilities last week is fairly middling among the major currencies, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Fxstreet
Mon, Jun 16
Other
Kilcoy Global Foods Ltd - Files For IPO Of American Depositary Shares - SEC Filing
June 16 (Reuters) - KILCOY GLOBAL FOODS LTD - FILES FOR IPO OF AMERICAN DEPOSITARY SHARES - SEC FILINGKILCOY GLOBAL FOODS LTD - APPLIES FOR NASDAQ LISTING UNDER SYMBOL 'KGF' - SEC FILINGKILCOY GLOBAL FOODS LTD: CITIGROUP AND MORGAN STANLEY ARE UNDERWRITERS TO U.S. IPO - SEC FILINGSource text...Reuters
Mon, Jun 16
Other
IBio Initiates Non-Human Primate Study Of First-In-Class Activin E Antibody Following Positive Preclinical Data Demonstrating Prevention In Weight Regain After GLP-1 Treatment
June 16 (Reuters) - iBio Inc IBIO.O:IBIO INITIATES NON-HUMAN PRIMATE STUDY OF FIRST-IN-CLASS ACTIVIN E ANTIBODY FOLLOWING POSITIVE PRECLINICAL DATA DEMONSTRATING PREVENTION IN WEIGHT REGAIN AFTER GLP-1 TREATMENTIBIO INC - IBIO-610 DRIVES 8.9% BODY WEIGHT LOSS IN MICEIBIO INC - PRECLINICAL RESULTS SH...Reuters
Mon, Jun 16
Other
Mirasol Signs MOU For The Sale Of The Virginia Silver Project And Landholdings In Argentina For Us$8 Million Plus 2% NSR Royalty
June 16 (Reuters) - Mirasol Resources Ltd MRZ.V:MIRASOL SIGNS MOU FOR THE SALE OF THE VIRGINIA SILVER PROJECT AND LANDHOLDINGS IN ARGENTINA FOR US$8 MILLION PLUS 2% NSR ROYALTYMIRASOL RESOURCES LTD - RETAINS 2% NSR ROYALTY WITH RIGHT TO SELL TO AMPERE METALS FOR $2 MILLIONReuters
Mon, Jun 16
Stocks
Are You Reinvesting Your RMD as a Retiree? What Do You Need to Know?
Required minimum distributions (RMDs) are mandatory withdrawals that you must take from your tax-advantaged retirement account, like a 401(k) or traditional IRA, beginning at age 73 (or 75 if you were born in 1960 or later). The amount you must withdraw is based on your account balance and life expe...The Motley Fool
Mon, Jun 16
Indices
USD slips as risk sentiment improves – Scotiabank
The US Dollar (USD) is softer overall, crude oil is lower while the ILS is some 2% stronger and risk appetite is firmer at the start of what is likely to be a busy week for markets, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note, Scotiabank's Chief FX Strategist Shaun Osborne notes.Fxstreet
Mon, Jun 16
Other
Supernus Pharmaceuticals To Acquire Sage Therapeutics, Strengthening Its Neuropsychiatry Product Portfolio
June 16 (Reuters) - Supernus Pharmaceuticals Inc SUPN.O:SUPERNUS PHARMACEUTICALS TO ACQUIRE SAGE THERAPEUTICS, STRENGTHENING ITS NEUROPSYCHIATRY PRODUCT PORTFOLIOUPFRONT CASH PAYMENT OF $8.50 PER SHAREEXPECTED TO BE SIGNIFICANTLY ACCRETIVE IN 2026 WITH POTENTIAL COST SYNERGIES OF UP TO $200 MILLION ...Reuters
Mon, Jun 16
