News
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Commodities
PRECIOUS-Gold climbs to over 3-week high as dollar weakens, geopolitical and trade tensions mount
Bullion at an over 3-week highSilver at an over 7-month peakTrump plans to double steel, aluminium tariffs to 50%Dollar down 0.5% against its rivalsRussia-Ukraine tensions escalate ahead of peace talksBy Sherin Elizabeth Varghese June 2 (Reuters) - Gold rose more than 2% on Monday to its highest ...Reuters
Mon, Jun 2
Cryptocurrencies
Will Shiba Inu (SHIB) or Mutuum Finance (MUTM) Be The Next Crypto to Explode from Under $1 ?
In the cryptocurrency game of the next coin to blow up, investors are looking at potential coins well below $1. Shiba Inu (SHIB), which trades at $0.000014, still fascinates the market with its lively community and increasing utility, making it one of the best cheap cryptos to purchase now for those who want explosive growth. […]Cryptopolitan
Mon, Jun 2
Other
Aon appoints Marcell as CEO of global solutions
By Isha MaratheJune 2 - (The Insurer) - Aon has appointed to serve as CEO of global solutions.In his new role, Marcell will lead Aon's integrated risk capital and human capital capabilities across its reinsurance, commercial risk, health, wealth and talent teams. Marcell most recently ser...Reuters
Mon, Jun 2
Other
Hundreds of California bar exam-takers move from fail to pass with new scoring
By Karen Sloan June 2 (Reuters) - More than 200 people who took California’s disastrous February bar exam will go from failing to passing under a new round of grading changes approved on Friday, boosting the test’s overall pass rate from 56% to 63% — nearly double the state's historical avera...Reuters
Mon, Jun 2
Other
Lloyd’s capacity tips towards small and mid-sized syndicates: Howden Re
June 2 - (The Insurer) - Lloyd’s gross premiums were predominantly driven by volume growth rather than price increases in 2024, marking a shift from prior years as small and mid-sized syndicates increase underwriting capacity amid moderating prices, Howden Re said in a report published on Monday.The...Reuters
Mon, Jun 2
Other
Russia sets out punitive terms at peace talks with Ukraine
Two sides talk for barely an hour in IstanbulLeaked memo details stringent Russian demandsSecond round of direct negotiations since 2022Warring sides agree on humanitarian stepsErdogan wants Putin, Zelenskiy, Trump to meet in Turkey By Vladimir Soldatkin, Tom Balmforth and Huseyin Hayatsever ISTA...Reuters
Mon, Jun 2
Commodities
GRAINS-Soybeans fall to seven-week low; corn eases, wheat climbs
By Julie Ingwersen CHICAGO, June 2 (Reuters) - Chicago Board of Trade soybean and soyoil futures fell to their lowest levels in seven weeks on Monday on worries about demand for U.S. oilseed supplies and generally favorable crop weather, analysts said. Corn futures followed soybeans lowe...Reuters
Mon, Jun 2
Other
Musk's xAI launches $5 billion debt sale, seeks $113 billion valuation, media reports say
June 2 (Reuters) - Morgan Stanley MS.N is shopping a $5 billion debt package for Elon Musk's xAI and the artificial intelligence company is seeking a valuation of $113 billion in a share sale worth $300 million, according to media reports on Monday.The debt sale, launched Monday, includes a term...Reuters
Mon, Jun 2
Other
U.S. nuclear deal offer allows Iran to enrich uranium - Axios
WASHINGTON, June 2 (Reuters) - The nuclear deal proposal the United States gave to Iran on Saturday would allow Tehran limited low-level uranium enrichment capability for a period of time, Axios reported on Monday, citing two unidentified sources with direct knowledge.Reuters
Mon, Jun 2
Commodities
Saudi ARAMCO completes $5 billion issuance of bonds across three tranches
CAIRO, June 2 (Reuters) - Saudi Aramco 2222.SE announced on Monday that it completed a $5 billion issuance of bonds across three tranches under its Global Medium Term Note Program.It said $1.5 billion in senior notes will mature in 2030, $1.25 billion senior notes in 2035 and $2.25 billion notes in ...Reuters
Mon, Jun 2
Other
Victor rejigs senior leadership with Stephenson as UK and Australia CEO
By Michael JonesJune 2 - (The Insurer) - Victor Insurance has made several internal leadership changes including the appointment of John Stephenson to CEO of both Victor Insurance UK and Victor Australia, the company said on Monday.Stephenson has been promoted from his previous role as UK country ma...Reuters
Mon, Jun 2
Commodities
EXCLUSIVE-US pushes countries for best offers by Wednesday as tariff deadline looms
By Jarrett Renshaw June 2 (Reuters) - The Trump administration wants countries to provide their best offer on trade negotiations by Wednesday as officials seek to accelerate talks with multiple partners ahead of a self-imposed deadline in just five weeks, according to a draft letter to negotiatin...Reuters
Mon, Jun 2
Commodities
Panama has canceled registry of more than 650 ships amid sanctions, stricter rules
PANAMA CITY, June 2 (Reuters) - Panama's Maritime Authority has canceled the registry of more than 650 vessels since 2019 as part of an effort to fulfill U.S. sanctions and enforce stricter rules for the ships it flags, it said in a release on Monday. A total of 214 vessels have been withdrawn f...Reuters
Mon, Jun 2
Stocks
PREVIEW: Dollar General seen reporting Q1 EPS drop, rev increase
** Dollar General Corp DG.N shares up 0.2% on Monday ahead of fiscal Q1 report due before market open on Tuesday** The discount retailer is seen reporting adj. EPS of $1.48 vs $1.65 in year-ago quarter on rev of $10.31 bln vs $9.91 bln, as per LSEG ** In last 8 quarters DG's EPS beat Stree...Reuters
Mon, Jun 2
Other
Acies MGU names Light to lead recruitment liability product
By Navneeta NandanJune 2 - (The Insurer) - Acies MGU has appointed Rachael Light as senior underwriter to lead a new offering for recruitment companies from its newly launched MGA Acies Specialist Schemes, the company announced on Monday.Light previously spent three years at Kingfisher Insurance Ser...Reuters
Mon, Jun 2
Other
Polish PM Tusk says will call vote of confidence in government
WARSAW, June 2 (Reuters) - Poland's Prime Minister Donald Tusk said on Monday he will call for a parliamentary vote of confidence in his coalition government, after his candidate, Rafal Trzaskowski, lost a presidential election on Sunday.Reuters
Mon, Jun 2
Cryptocurrencies
Ethereum Signals Uptrend With Key Candlestick Pattern, Could A Rally Follow?
In the past few days, Ethereum has been struggling below the $2,600 price level after the general crypto market took a bearish hit, halting its recent upward trend. While ETH’s price has faced notable bearish movements, there is still a possibility that the altcoin could rally in the upcoming weeks ...Bitcoinist
Mon, Jun 2
Stocks
U.S. STOCKS ON THE MOVE-Natgas companies, UnitedHealth, Cactus
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes were mixed on Monday after President Donald Trump said he plans to double tariffs on imported steel and aluminum, fueling more uncertainty around U.S. trade po...Reuters
Mon, Jun 2
