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Americans slow to book summer travel amid discount hunting
Airlines face 10% drop in summer bookings despite lower faresHotel summer bookings flat year-over-yearDollar's weakness increases cost of overseas vacationsBy Doyinsola Oladipo and Aishwarya JainNEW YORK, June 3 (Reuters) - This year's hottest summer travel trend? Waiting for deals.Americans...Reuters
Tue, Jun 3
Stocks
ANALYSIS-FX options market positioned for further dollar weakness
Investors are increasingly buying put options on the dollarFX options market signals further dollar weakeningInvestors favor USD puts over calls, indicating bearish sentimentEuro and yen show strong demand against the dollarEUR/USD risk reversal measures are near highest level on records dating to 2...Reuters
Tue, Jun 3
Commodities
Venezuela's oil exports stable as buyers in China receive more
Venezuela's oil exports to China offset U.S.-authorized sales declineU.S. revoked export authorizations, impacting customersVenezuela exported Boscan heavy crude to Asia after license expirations June 3 (Reuters) - Venezuela's oil exports remained almost unchanged last month as increased ...Reuters
Tue, Jun 3
Stocks
DIARY-Federal Reserve Events
***Denotes a new entry. -------------------------------------------------------- Federal Open Market Committee (FOMC) MEETING DATES: 2025June 17-18 (second day: statement released 1400 EDT/1800 GMT; news conference expected 1430 EDT/1830 GMT)July 29-30 (second day: statement released 1400 EDT/18...Reuters
Tue, Jun 3
Stocks
RPT-COLUMN-Markets anxious as 'new cold war' turns hot :Mike Dolan
By Mike Dolan LONDON, June 3 (Reuters) - As military spending ramps up around the world and countries rush to ringfence critical industries, political rhetoric appears to have darkened from one sketching geopolitical risks to outright preparation for war.Whether global markets should take more no...Reuters
Tue, Jun 3
Other
EXCLUSIVE-Wegovy use up 50% among US teens
Wegovy prescriptions for teens remain a small fraction of those with obesityInsurance hurdles limit use among doctors treating adolescentsExperts emphasize need for monitoring, lifestyle changes alongside GLP-1 medicationsBy Chad Terhune and Robin Respaut LOS ANGELES, June 3 (Reuters) - American ...Reuters
Tue, Jun 3
Commodities
Russia says situation at Zaporizhzhia plant under control but situation is complex
MOSCOW, June 3 (Reuters) - The situation at the Zaporizhzhia nuclear power plant in Ukraine remains under control, although it remains very complex after an attack by Ukrainian forces on power facilities, theRIA state news agency reported on Tuesday.RIA cited Alexei Likhachev, the head of Russia'...Reuters
Tue, Jun 3
Cryptocurrencies
Trump Makes TACOs, 3 Altcoins to Pump Amid Hidden Bullish Signals
In case you’ve been living under a rock, Trump’s been making TACOs recently. The acronym, for Trump Always Chickens Out, has become a major talking point when analyzing Trump’s ongoing trade war. Could it explain why most cryptos are trading sideways at the moment? Given the market uncertainty due t...NewsBTC
Tue, Jun 3
Stocks
Gold miners fall as US dollar gains, investors stay cautious
** U.S.-listed shares of gold miners fall in pre-market trading, tracking a dip in bullion prices GOL/** Spot gold XAU= down 0.6% at $3,360.19/ounce** Gold prices slipped as a slight rebound in the U.S. dollar and profit-booking added pressure, while investors remained cautious amid erratic U.S. tra...Reuters
Tue, Jun 3
Forex
EMERGING MARKETS-Emerging market stocks rise from three-week low; Polish assets extend slide
EM stocks up 0.4%, FX flatPolish stocks extend declines in emerging marketsTurkish inflation falls to 35.4% in May, below forecastBy Nikhil Sharma June 3 (Reuters) - Polish assets extended declines on Tuesday amid heightened uncertainty following eurosceptic Karol Nawrocki's presidential elec...Reuters
Tue, Jun 3
Other
Soccer-England coach Tuchel expects players to suffer in World Cup heat
LONDON, June 3 (Reuters) - England coach Thomas Tuchel will attend FIFA's Club World Cup starting this month to observe how players cope with the expected hot and humid weather conditions.Next year's World Cup, taking place in the United States, Canada and Mexico, could be one of the hottest...Reuters
Tue, Jun 3
Commodities
EXCLUSIVE-US made 'tough' requests to Vietnam in trade talks, sources say
US has presented Hanoi with long list of demands, sources sayIf applied, some requests could cut Vietnam's imports from ChinaVietnam relies on exports to US, and imports from Beijing By Francesco Guarascio and Phuong Nguyen HANOI, June 3 (Reuters) - The U.S. has sent a "long" list of ...Reuters
Tue, Jun 3
Other
EU did not receive US letter demanding best offer in trade talks -source
BRUSSELS, June 3 (Reuters) - The European Union did not receive a letter from the United States in which President Donald Trump's administration made a demand for countries to submit their best offer on trade negotiations by Wednesday, according to a source familiar with the talks.Following a ca...Reuters
Tue, Jun 3
Other
Deals of the day-Mergers and acquisitions
June 3 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Tuesday: ** Scandinavian property companies Pandox AB and Eiendomsspar AS have jointly proposed to buy Ireland's largest hotel group Dalata ...Reuters
Tue, Jun 3
Stocks
4 Reasons Bitcoin Could Soar in June
People love round numbers, and Bitcoin (CRYPTO: BTC) is a notable one, having reached $100,000 late in 2024. After some volatility, something you'll see occasionally when you invest in cryptocurrencies, Bitcoin has recrossed the $100,000 mark and is up 8% during the past month alone.Where to invest ...The Motley Fool
Tue, Jun 3
Commodities
Japan's gas industry allows gas with carbon capture in 2050 net zero plan
By Yuka Obayashi TOKYO, June 3 (Reuters) - The Japan Gas Association said on Tuesday it would take a more flexible approach in its drive to become carbon neutral by 2050, allowing greater use of natural gas in combination with carbon capture or other decarbonisation measures.The industry group sa...Reuters
Tue, Jun 3
Stocks
Billionaire Bill Ackman Is Loading Up on Uber Technologies Stock. Should You?
Bill Ackman is highly selective about which stocks he buys. His Pershing Square Capital Management hedge fund currently owns only 12 stocks. And two of those are different classes of shares for the same company -- Google parent Alphabet. Not too long ago, Alphabet ranked as Ackman's favorite investm...The Motley Fool
Tue, Jun 3
