News
Important Only
Commodities
PRECIOUS-Gold heads for weekly loss as dollar ticks higher, US inflation report in focus
May 30 (Reuters) - Gold prices fell on Friday and were headed for weekly loss amid a slight uptick in dollar, while investors awaited a key U.S. inflation report that may provide further insight into the Federal Reserve's policy trajectory.Reuters
Fri, May 30
Other
Vietnam seizes fake Rolex, Prada items in counterfeit crackdown, state media reports
HANOI, May 30 (Reuters) - Vietnamese authorities have seized thousands of fake products, including imitation Rolex watches and Prada handbags, during a raid at a shopping mall in business hub Ho Chi Minh City, state media reported on Friday. The raid at Saigon Square Shopping Mall comes as Vietnam s...Reuters
Fri, May 30
Economic Indicator
US core PCE inflation likely steady in April as markets price Federal Reserve rate cut for September
The United States (US) Bureau of Economic Analysis (BEA) is set to release the Personal Consumption Expenditures (PCE) Price Index data for April on Friday at 12:30 GMT. This index is the Federal Reserve’s (Fed) preferred measure of inflation.Fxstreet
Fri, May 30
Forex
EUR/GBP holds losses near 0.8400 following German Retail Sales, eyes on CPI data
EUR/GBP edges lower after registering more than 0.50% gains in the previous session, trading around 0.8420 during the Asian hours on Friday. The currency cross holds losses following the release of Germany’s Retail Sales data.
Fxstreet
Fri, May 30
Economic Indicator
CORRECTED-German retail sales fall unexpectedly in April
May 30 (Reuters) - German retail sales fell by 1.1% in April compared with the previous month, data showed on Friday. Analysts polled by Reuters had predicted a 0.2% increase.The federal statistics office publishes more details on its website.Reuters
Fri, May 30
Other
A Trade War Into a Capital War? The Overlooked Risk in Trump’s Tax Bill: Foreign Taxes Could Accelerate “Sell America”
TradingKey - While investors are closely watching how Trump’s tax and spending bill will affect U.S. fiscal sustainability, an overlooked provision in the legislation has raised alarm bells: a new tax targeting foreign capital could accelerate capital outflows from the U.S., suggesting that Trump...TradingKey
Fri, May 30
Economic Indicator
German Retail Sales grow 2.3% YoY in April vs. 1.8% expected
Retail Sales in Germany unexpectedly declined 1.1% month-over-month (MoM) in April, following the 0.9% revised growth (from -0.2%) reported in March, according to official data released by Destatis on Friday.
Fxstreet
Fri, May 30
Other
Trump vs. Federal Courts — Two Court Tries to Block Tariffs, Trump Considers a New Legal Path
TradingKey - In just two days, the Trump administration’s tariff plan has faced setbacks from two U.S. federal courts. Although a federal appeals court granted a temporary stay and reinstated the tariffs for now, the White House is aware that its strategy is under legal threat — and is reportedly...TradingKey
Fri, May 30
Commodities
Crude oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Friday, early in the European session. WTI trades at $60.41 per barrel, down from Thursday’s close at $60.61.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $63.08 after its previous daily close at $63.30.
Fxstreet
Fri, May 30
Other
Trump envoy says Russian concern over NATO enlargement is fair
MOSCOW, May 30 (Reuters) - U.S. President Donald Trump's envoy to Ukraine, Keith Kellogg, said Russia's concern over the eastward enlargement of NATO was fair and the United States did not want to see Ukraine in the U.S.-led military alliance.Asked by U.S. network ABC News about a Reuters re...Reuters
Fri, May 30
Stocks
Agoda and GSTC Launch Free Digital Training Platform to Empower Hoteliers with Sustainability Skills
SINGAPORE, May 30, 2025 /PRNewswire/ -- Digital travel platform Agoda, in collaboration with the Global Sustainable Tourism Council (GSTC), has launched the Sustainable Tourism Academy, a free digital training platform designed to equip current and aspiring hoteliers with practical sustainabili...PR Newswire
Fri, May 30
