News
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Forex
Australian Dollar holds ground following Trade Balance, China Services PMI data
The Australian Dollar (AUD) extends its gains for the second successive session against the US Dollar (USD) on Thursday. The AUD/USD pair remains stronger following the release of domestic trade balance and China’s Caixin Services Purchasing Managers’ Index (PMI) data.
Fxstreet
Thu, Jun 5
Commodities
US Senate panel seeks to cut unspent US climate, clean energy funds
WASHINGTON, June 4 (Reuters) - All unspent funds that were appropriated for climate and clean energy programs under former U.S. President Joe Biden's Inflation Reduction Act would be cut under a proposal by the Senate environment committee submitted on Wednesday. The panel released a budget reco...Reuters
Thu, Jun 5
Cryptocurrencies
Ethereum Price Aims Higher in Shadow of Bitcoin’s Dip
Ethereum price started a fresh increase above the $2,550 zone. ETH is now facing resistance near the $2,640 and $2,665 levels. Ethereum started a fresh increase above the $2,550 level. The price is trading above $2,550 and the 100-hourly Simple Moving Average. There is a key rising channel forming w...NewsBTC
Thu, Jun 5
Other
Guatemalan deportee arrives in US after judge orders Trump to facilitate return
Deportation based on erroneous information, says Justice DepartmentDeportee now held in detention in ArizonaMan is plaintiff in class action over migrants' due process rightsTrump administration has resisted facilitating return of other migrantsBy Nate Raymond BOSTON, June 4 (Reuters) - A Gua...Reuters
Thu, Jun 5
Economic Indicator
China May services activity grows despite US tariff concerns, Caixin PMI shows
BEIJING, June 5 (Reuters) - China's services activity expanded at a slightly faster pace in May, with new orders growing more quickly than in April, though new export orders declined due to uncertainty stemming from U.S. tariffs, a private sector survey showed on Thursday.Reuters
Thu, Jun 5
Other
Kimberly-Clark nears $3.5 billion sale of global tissue business to Brazil's Suzano, WSJ reports
June 4 (Reuters) - Kimberly-Clark KMB.O is nearing a sale of its Kleenex and tissue businesses outside of North America for around $3.5 billion to Brazilian pulpmaker Suzano SUZB3.SA, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.Reuters could not immediately ...Reuters
Thu, Jun 5
Other
US Senate committee to consider nomination of Republic CEO to head FAA
June 4 (Reuters) - The U.S. Senate Commerce Committee will hold a June 11 hearing on President Donald Trump's nomination of Republic Airways CEO Bryan Bedford to head the Federal Aviation Administration.Bedford, a pilot and industry veteran of more than 30 years, previously headed two other carr...Reuters
Thu, Jun 5
Forex
FOREX-Dollar frail on weak economic data, trade uncertainty lingers
Weak economic data, trade uncertainties drag dollar downEuro steady ahead of expected ECB rate cut Investors await Trump-Xi call, trade deals Dollar weakness to remain - Reuters pollBy Ankur Banerjee SINGAPORE, June 5 (Reuters) - The dollar softened on Thursday, stuck near six-week lows after wea...Reuters
Thu, Jun 5
Other
Kimberly-Clark Nears Roughly $3.5 Billion Sale Of International Tissue Business - WSJ
June 4 (Reuters) - Kimberly-Clark Corp KMB.O:KIMBERLY-CLARK NEARS ROUGHLY $3.5 BILLION SALE OF INTERNATIONAL TISSUE BUSINESS - WSJKIMBERLY-CLARK IS EXPECTED TO SELL THE TISSUE BUSINESS OUTSIDE OF NORTH AMERICA TO BRAZIL’S SUZANO - WSJSource text: [https://tinyurl.com/r2jfv82mReuters
Thu, Jun 5
Stocks
3 Things Nvidia Management Just Said That Build the Buy Case for These 3 Magnificent Hidden AI Stocks
Nvidia's (NASDAQ: NVDA) recent earnings report boosted the market and alleviated concerns about any slowdown in artificial intelligence (AI) and data-center-related spending. That's great news for Nvidia and other frontline players in the AI/data center industry. It's also great news for some of the...The Motley Fool
Thu, Jun 5
Economic Indicator
Australia’s Trade Surplus declines to 5,413M MoM in April vs. 6,100M expected
Australia’s trade surplus declined to 5,413M MoM in April versus 6,100M expected and 6,892M (revised from 6,900M) in the previous reading, according to the latest foreign trade data published by the Australian Bureau of Statistics on Thursday.Fxstreet
Thu, Jun 5
Cryptocurrencies
Bitcoin To $130,000 In September? Smart Money Loads Up On Calls
Singapore-based trading desk QCP Capital says the options market is sending an unmistakable signal: large players are quietly positioning for a break to $130,000 by the end of Q3, even as spot Bitcoin languishes near $105,000. $130,000 Bitcoin Bets Heating Up In a note to clients on Wednesday, the f...NewsBTC
Thu, Jun 5
Stocks
Is Newsmax Stock a Buy?
Politically right-leaning news outlet Newsmax (NYSE: NMAX) went public in an initial public offering in late March that could have easily gone unnoticed. However, shares of the company soared out of the gate. Newsmax stock closed its first day of trading more than 5 times higher than it started. By ...The Motley Fool
Thu, Jun 5
