News
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Forex
POLL-Dollar to decline further on U.S. fiscal, growth and trade risks
reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/fx-polls?RIC=EUR= poll dataBy Sarupya Ganguly BENGALURU, June 4 (Reuters) - Falling demand for U.S. dollar-denominated assets will push the greenback lower in coming months, according to FX strategists surveyed by Reuters, as concerns mount a...Reuters
Wed, Jun 4
Economic Indicator
US private payrolls growth slows sharply in May
WASHINGTON, June 4 (Reuters) - U.S. private payrolls increased far less than expected in May, the ADP National Employment Report showed on Wednesday.Private payrolls increased by only 37,000 jobs last month after a downwardly revised 60,000 rise in April. Economists polled by Reuters had forecast pr...Reuters
Wed, Jun 4
Commodities
Russia's oil and gas budget revenue falls by more than a third in May
Russia oil and gas budget revenue fell to 512.7 bln rbls in MayRussia's budget deficit is wideningRussia has opposed OPEC+ output hike, sources say MOSCOW, June 4 (Reuters) - Russia's oil and gas revenue fell by 35% year-on-year in May to 512.7 billion roubles ($6.55 billion), data fr...Reuters
Wed, Jun 4
Other
STMicro CEO sees signs of market upturn, but stays cautious of geopolitics
STMicro sees start of new demand cycle, CEO saysTo archive Q2 targets, grow sequentially in Q3Strong demand in China, weak in EuropeShares up 7.9% at 1152 GMTBy Nathan Vifflin June 4 (Reuters) - STMicroelectronics' STMPA.PA CEO said on Wednesday that the French-Italian chipmaker has seen sign...Reuters
Wed, Jun 4
Economic Indicator
Breaking: Private sector employment in US rises 37,000 in May vs. 115,000 expected
Private sector employment in the US rose by 37,000 in May, the Automatic Data Processing (ADP) reported on Wednesday. This reading followed the 60,000 increase recorded in April and missed the market expectation of 115,000 by a wide margin.Fxstreet
Wed, Jun 4
Commodities
PRECIOUS-Gold holds ground as jobs data offsets safe-haven demand
Trump calls China's Xi tough, 'hard to make a deal with'Gold may trade in $3,300-$3,400 range in short term - analystBy Brijesh Patel and Anushree Mukherjee June 4 (Reuters) - Gold prices held steady on Wednesday as stronger U.S. jobs data countered safe-haven demand driven by sim...Reuters
Wed, Jun 4
Stocks
Fed Lifts Asset Cap on Wells Fargo, Concluding Seven-Year Regulatory Oversight
TradingKey - The Federal Reserve announced on Tuesday that Wells Fargo (WFC) has satisfied all conditions of the 2018 regulatory actions, resulting in the lifting of its asset cap. Following the news, Wells Fargo's stock rose 3% and surged over 10% in after-hours trading.
TradingKey
Wed, Jun 4
Economic Indicator
Mexico March gross fixed investment rises 0.3% month-on-month
MEXICO CITY, June 4 (Reuters) - Mexican gross fixed investment rose 0.3% in March from the previous month, the national statistics agency INEGI said on Wednesday.Compared with the same month last year, investment was down 0.2%, according to INEGI's data.Reuters
Wed, Jun 4
Other
Russia says the West is involved in Ukraine's attacks on civilian targets
MOSCOW, June 4 (Reuters) - Russian Foreign Ministry spokeswoman Maria Zakharova said on Wednesday that the West was involved, both directly and indirectly, in Ukrainian "terrorist attacks" against civilian targets in Russia.Western countries, NATO and "the collective West" supply wea...Reuters
Wed, Jun 4
Stocks
ZKH Launches Taicang Smart Manufacturing Base, Setting New Standard in Industrial Product R&D and Production Integration
SHANGHAI, June 4, 2025 /PRNewswire/ -- ZKH Group Limited ("ZKH" or the "Company") (NYSE: ZKH), a leading maintenance, repair and operations ("MRO") procurement service platform in China, today announced the official commissioning of its state-of-the-art smart manuf...PR Newswire
Wed, Jun 4
Other
Rimini Street On June 3, Court Vacates $58.5 Million Attorneys' Fees Award To Oracle In Connection With The Rimini Ii Matter - SEC Filing
June 4 (Reuters) - Rimini Street Inc RMNI.O:RIMINI STREET INC - ON JUNE 3, COURT VACATES $58.5 MILLION ATTORNEYS' FEES AWARD TO ORACLE IN CONNECTION WITH THE RIMINI II MATTER - SEC FILINGSource text: [ID:n0001635282-25-000165]Reuters
Wed, Jun 4
Commodities
GRAINS-Wheat, corn and soybeans stay firm as war and tariff news monitored
Ukraine-Russia war headlines underpin wheat pricesHopes for U.S. trade progress with China, Vietnam support corn and soyFair U.S. crop weather still hangs over grain marketsBy Gus Trompiz and Naveen Thukral PARIS/SINGAPORE, June 4 (Reuters) - Chicago wheat, corn and soybeans rose on Wednesday, un...Reuters
Wed, Jun 4
Stocks
CrowdStrike shares drop as Windows-outage fallout hits forecast
June 4 (Reuters) - CrowdStrike CRWD.O shares slumped 7% in premarket trading after the cybersecurity company forecast its second-quarter revenue below analysts' estimates, weighed down by its customer retention efforts following a Windows-related outage last year.Following the outage caused by f...Reuters
Wed, Jun 4
Other
DUAE premium volume grew 14.5% in 2024 to $89.9 billion, AM Best report shows
By Chris MunroJune 4 - (The Insurer) - MGAs and other delegated underwriting authority enterprises (DUAEs) once again booked double-digit growth in 2024, with new figures from AM Best showing the segment generated $89.9 billion in direct premiums written (DPW).That figure, based solely on data sourc...Reuters
Wed, Jun 4
Cryptocurrencies
Magic Eden Unveils TRUMP-Branded Crypto Wallet In New Partnership
Magic Eden, a non-fungible token (NFT) marketplace, has announced a partnership with the team behind President Donald Trump’s memecoin to create an official “TRUMP-branded cryptocurrency wallet.” This new product, aptly named the TRUMP Wallet, will not only feature Trump’s likeness and name but will...NewsBTC
Wed, Jun 4
Other
RPT-BREAKINGVIEWS-Robotaxis go from hype to maybe, possibly, profit
By Katrina Hamlin HONG KONG, June 4 (Reuters Breakingviews) - Self-driving cars have seemed the ultimate unfulfilled promise. Everyone from Tesla TSLA.O boss Elon Musk to ousted Nissan 7201.T Chair Carlos Ghosn has hailed the impending mass arrival of vehicles that can dispense with human drivers...Reuters
Wed, Jun 4
Cryptocurrencies
Bitstamp Acquisition: Robinhood Gains Over 50 Global Crypto Licenses
Financial crypto services platform firm Robinhood (HOOD) has officially wrapped up its $200 million acquisition of crypto trading platform Bitstamp, founded in 2011 and based in Luxemburg. The all-cash deal, first announced last year, provides Robinhood with an immediate international presence, obta...Bitcoinist
Wed, Jun 4
Stocks
Where Will Microsoft Stock Be in 5 Years?
Shares of Microsoft (NASDAQ: MSFT) have been on a tear for more than a decade as the company went from a slow-moving operating system company to an AI powerhouse. But is the market pricing Microsoft for perfection and where will the company be in 5 years?*Stock prices used were end-of-day prices of ...The Motley Fool
Wed, Jun 4
