News
Important Only
Stocks
Why Delta Air Lines Stock Flew in May
Delta Air Lines (NYSE: DAL) stock rose by 16.2% in May, according to data provided by S&P Global Market Intelligence. The move primarily results from the de-escalation of the tariff conflict, primarily between the U.S. and China in mid-May.Why airlines are cyclical industriesAirlines are good bellwe...The Motley Fool
Wed, Jun 4
Forex
JPY: Media report of BoJ equivocation on policy normalization – Scotiabank
The Japanese Yen (JPY) is weak, down 0.2% against the US Dollar (USD) and underperforming all of the G10 currencies with all other major currency peers showing modest gains (vs. USD), Scotiabank's Chief FX Strategist Shaun Osborne notes.
Fxstreet
Wed, Jun 4
Other
Indonesia weighing purchase of China's J-10 fighter jets
JAKARTA, June 4 (Reuters) - Indonesia is weighing buying China's J-10 fighter jets, given their relatively cheaper price and advanced capability, as it also considers finalising a purchase of U.S.-made F-15EX jets, a senior official said on Wednesday.Southeast Asia's most populous country ha...Reuters
Wed, Jun 4
Other
TIMELINE-Trump trade war: tariff deadlines and key upcoming events
June 4 (Reuters) - The twists and turns in U.S. President Donald Trump's tariff policies have not only rattled global financial markets but have also taken investors on a roller-coaster ride. Companies are counting the cost of the trade war that is now being estimated at more than $34 billion in...Reuters
Wed, Jun 4
Stocks
This BlackRock ETF Could Soar 12,400%, According to Billionaire Michael Saylor
With nearly $12 trillion in assets under management, BlackRock is one of the world's largest investment firms. As a result of its scale, it has introduced numerous exchange-traded funds (ETFs) to the market. Perhaps none have been more successful in such a short period of time than one that was laun...The Motley Fool
Wed, Jun 4
Commodities
Howden hires parametric experts Steiner and Anand from agriculture firm Syngenta
By Henry GaleJune 4 - (The Insurer) - Peter Steiner and Kanika Anand from agriculture firm Syngenta's weather and credit risk management team have joined Howden, they said in LinkedIn posts on Monday.Steiner's job title at Howden will be executive director for agriculture and nature parametr...Reuters
Wed, Jun 4
Other
Pakistan open, 'not desperate' for talks with arch-rival India, says foreign minister
By Asif Shahzad ISLAMABAD, June 4 (Reuters) - Pakistan is "ready but not desperate" for talks with arch-rival India, its foreign minister said on Wednesday, in remarks that underline the lack of a thaw between the two nuclear-armed neighbours following their worst military conflict in dec...Reuters
Wed, Jun 4
Commodities
RPT-WRAPUP 8-Doubled US metals tariffs kick in as deadline for 'best offers' arrives
Tariff increases on steel, aluminium affect Canada and Mexico significantlyUK exempt from increased tariffs due to preliminary trade dealTrading partners urged to submit proposals to avoid 'Liberation Day' tariffsEU trade negotiator says he had 'constructive' talk with U.S. represent...Reuters
Wed, Jun 4
Other
Morning News Call - Canada, June 4
To access a PDF version of this newsletter, please click hereYou can read Morning News Call Canada via TOPNEWS Canada page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-pageECONOMIC EVENTS0815 Reserve Ass...Reuters
Wed, Jun 4
Economic Indicator
EUR flat vs. USD following modest improvement in PMI’s – Scotiabank
The Euro (EUR) is entering Wednesday’s NA session unchanged against the US Dollar (USD), quietly consolidating in a tight range just below 1.14, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Fxstreet
Wed, Jun 4
Stocks
US STOCKS-US stock futures edge up as tech shares find support
Futures up: Dow 0.15%, S&P 500 0.18%, Nasdaq 0.17%Wells Fargo shares rise after Fed ends growth freezeCrowdStrike falls on downbeat quarterly revenue forecastADP jobs data, S&P Global and ISM's services sector PMI reports on tapBy Kanchana Chakravarty and Sukriti Gupta June 4 (Reuters...Reuters
Wed, Jun 4
Forex
FOREX-Dollar steady with trade tensions and economic data in focus
US doubles steel duties on Wednesday, to receive 'best offers' from trade partnersTrump to speak this week with China's Xi amid clash over tariff truceJapan's yen slips; sources tell Reuters of BOJ's bond tapering plan for next yearUS ADP data and ISM services report awaitedBy Ke...Reuters
Wed, Jun 4
Other
Tennis-Blunder fest as Gauff downs Keys to reach last four in Paris
By Julien PretotPARIS, June 4 (Reuters) - Coco Gauff huffed and puffed into the French Open semi-finals with a 6-7(6) 6-4 6-1 victory against fellow American Madison Keys in a match both players will be quick to forget as they broke the 100-unforced errors barrier on Wednesday.More than half of Gauf...Reuters
Wed, Jun 4
Stocks
U.S. STOCKS ON THE MOVE-Trevi Therapeutics, Cactus, Copper miners
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8U.S. stock index futures edged higher on Wednesday as Hewlett Packard Enterprise's results fanned AI optimism and tech shares gained, while investors awaited fresh data to better gauge t...Reuters
Wed, Jun 4
Commodities
CORRECTED-Local firms drive new growth phase in Nigeria's oil sector
Green Energy completes first onshore Otakikpo terminal Conoil launches Obodo crude gradeRenaissance Energy plans $15 bln investment over 5 yearsBy Isaac Anyaogu LAGOS, June 3 (Reuters) - Nigeria is witnessing a significant shift in its oil and gas landscape as local companies expand their roles, ...Reuters
Wed, Jun 4
Other
Tesla May sales fall in big European markets ahead of new Model Y deliveries
By Amir Orusov and Nick Carey June 4 (Reuters) - Tesla's TSLA.O sales dropped for the fifth straight month in Britain, Germany and Italy in May, underscoring the challenges the electric vehicle-maker faces over CEO Elon Musk's politics and its model line-up.Demand for the company's n...Reuters
Wed, Jun 4
Commodities
Gold finds floor as US-China trade tensions resurface
Gold trades broadly stable on Wednesday’s mid-European session, paring back some gains seen earlier in the day, driven by a weaker US Dollar (USD), as doubts over a US-China trade deal grow given recent comments from US President Donald Trump.
Fxstreet
Wed, Jun 4
