News
Important Only
Forex
FOREX-Dollar poised for fifth-straight monthly drop on trade, fiscal uncertainty
Upbeat Tokyo core inflation underpins yen Fed's preferred PCE inflation data awaitedDollar index set for fifth-straight monthly declineBy Johann M Cherian SINGAPORE May 30 (Reuters) - The U.S. dollar softened on Friday, heading for its fifth-straight monthly decline as traders braced for furt...Reuters
Fri, May 30
Cryptocurrencies
Toncoin Open Interest Spikes 33%—Will History Repeat With A Pullback?
Data shows the Toncoin (TON) Open Interest has registered a spike in the past day. Here’s what could happen next, according to historical trends. Toncoin Open Interest Has Hit Its Highest Since February In a new post on X, the on-chain analytics firm Glassnode has talked about the latest trend...NewsBTC
Fri, May 30
Cryptocurrencies
SUI Price Set For $10? Wave 3 Says Double-Digits Is Coming In June
The SUI price is seeing renewed interest as analysts predict that a major price move is underway. According to an Elliott Wave analysis, SUI is entering Wave 3 and could be gearing up for an explosive surge to $10 by June. Wave 3 Breakout To Push SUI Price Above $10 The SUI price action since [̷...Bitcoinist
Fri, May 30
Stocks
Japan's Nikkei falls as court battle over US tariffs weighs
TOKYO, May 30 (Reuters) - Japan's Nikkei share price average fell on Friday, weighed down by uncertainty surrounding a court battle about U.S. President Donald Trump's tariffs as well as a stronger yen which hurt exporters.Reuters
Fri, May 30
Forex
Australian Dollar remains subdued as monthly Retail Sales fall in April
The Australian Dollar (AUD) edges lower against the US Dollar (USD) on Friday, retracing its recent gains from the previous session. The AUD/USD pair remains subdued following the release of disappointing economic data from Australia.
Fxstreet
Fri, May 30
Other
Ford head says GOP tax bill provision could 'imperil' battery factory
By Nora Eckert and David Shepardson DETROIT/WASHINGTON, May 29 (Reuters) - Ford F.N Executive Chair Bill Ford on Thursday sounded the alarm over the potential for the U.S. government to eliminate production tax credits that support the manufacturing of electric vehicle batteries using Chinese tec...Reuters
Fri, May 30
Other
US says that Israel accepts Gaza ceasefire plan; Hamas cool to it
Last ceasefire ended in March after two monthsDeep differences between Hamas, Israel have stymied ceasefire effortsHamas says the terms do not commit to ending warU.S.-backed aid operation expands to third site in GazaBy Gram Slattery, Michelle Nichols and Nidal al-Mughrabi WASHINGTON/UNITED NATI...Reuters
Fri, May 30
Commodities
GRAINS-Wheat poised to end week lower on supply pressure
SINGAPORE, May 30 (Reuters) - Chicago wheat edged higher on Friday, with bargain-buying supporting prices, although the market is poised for a first weekly decline in three weeks on expectations of higher exports from Russia and improved yields in India.Reuters
Fri, May 30
Other
Japan tariff negotiator Akazawa will meet Bessent for tariff talks on May 30
TOKYO, May 30 (Reuters) - Japan's top tariff negotiator Ryosei Akazawa said that he plans to meet U.S. Treasury Secretary Bessent and others for the next round of Japan-U.S. talks on Friday in Washington D.C.Akazawa also told reporters that the talks will be held based on the understanding of de...Reuters
Fri, May 30
Economic Indicator
Australia’s Retail Sales decline 0.1% MoM in April vs. 0.3% expected
Australia’s Retail Sales, a measure of the country’s consumer spending, declined 0.1% MoM in April, compared to a rise of 0.3% in March, the official data published by the Australian Bureau of Statistics (ABS) showed on Friday.Fxstreet
Fri, May 30
Commodities
Oil prices set for weekly drop with tariff legal battles, OPEC+ in focus
By Colleen Howe BEIJING, May 30 (Reuters) - Oil prices were on track to end the week down more than 1% on Friday amid whipsawing tariff rulings in the U.S. and as the market braced for a potential OPEC+ output hike.Brent crude futures LCOc1 slipped 26 cents, or 0.41%, to $63.89 a barrel by 0104 G...Reuters
Fri, May 30
Stocks
PRECIOUS-Gold little changed as traders await US inflation data
May 30 (Reuters) - Gold prices inched lower on Friday as investors held back from making big bets ahead of a key U.S. inflation report that could shed more light on the Federal Reserve's policy path. FUNDAMENTALS* Spot gold XAU= was down 0.1% at $3,312.85 an ounce, as of 0100 GMT. Bulli...Reuters
Fri, May 30
Other
Trump administration report on US child health cited nonexistent studies, media report says
By Renee HickmanMay 29 (Reuters) - A U.S. government report on the health of American children cited scientific studies that did not exist to support its conclusions, according to a media report and some of the purported study authors on Thursday. The report produced by the Make America Healthy A...Reuters
Fri, May 30
Other
Second group of Hong Kong democrats freed after 4 years in jail
HONG KONG, May 30 (Reuters) - Four people jailed in the landmark Hong Kong national security trial of "47 democrats" accused of conspiracy to commit subversion were freed on Friday after more than four years behind bars, the second group to be released in a month.Among those freed was long-t...Reuters
Fri, May 30
