News
Important Only
Economic Indicator
Fed's Logan says it 'could take quite some time' to see a shift in balance of risks
May 29 (Reuters) - Federal Reserve Bank of Dallas President Lorie Logan on Thursday signaled that the central bank may need to keep short-term interest rates where they are for quite some time as it waits for the data to show if President Donald Trump's mix of trade, tax and regulatory policies ...Reuters
Fri, May 30
Other
Trump says court ruling on tariffs was wrong, hopes Supreme Court will reverse it
May 29 (Reuters) - U.S. President Donald Trump on Thursday criticized a trade court decision that said he had exceeded his authority in imposing his most sweeping tariffs, calling it wrong and that he hoped the Supreme Court would overturn the decision. "The ruling by the U.S. Court of Internati...Reuters
Fri, May 30
Other
Trump will have a press conference with Musk in Oval Office on Friday
WASHINGTON, May 29 (Reuters) - U.S. President Donald Trump said on Thursday he will have a press conference with billionaire Elon Musk, whose tenure in the administration is ending, on Friday at 1:30 p.m. EST (1730 GMT) in the Oval Office."This will be his last day, but not really, because he wi...Reuters
Fri, May 30
Cryptocurrencies
XRP holds steady despite Webus's $300 million offering to launch XRP reserve
Ripple's XRP saw a slight downtick of 0.5% on Thursday after Webus International (WETO) announced plans to launch an XRP reserve through non-equity funding worth up to $300 million. The development follows VivoPower (VVPR) securing a $121 million private offering to launch its XRP treasury strategy.
Fxstreet
Fri, May 30
Other
Bessent says US trading partners still negotiating in good faith after court ruling
WASHINGTON, May 29 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Thursday that trading partners including Japan were continuing to negotiate with the U.S. in good faith, and there has been no change in their attitudes since a U.S. trade court ruled against the Trump administration's ...Reuters
Fri, May 30
Forex
AUD/USD gathers strength to near 0.6450 amid renewed tariff concerns
The AUD/USD pair gains ground to near 0.6445 during the early Asian session on Friday. The US Dollar (USD) edges lower against the Australian Dollar (AUD) due to the resurgence of trade uncertainty and disappointing US economic data.
Fxstreet
Fri, May 30
Economic Indicator
Fed's Daly: Need modestly or moderately restrictive policy to keep bringing inflation down
Federal Reserve Bank of San Francisco President Mary C. Daly said late Thursday that the central bank needs modestly or moderately restrictive policy to keep bringing down inflation.Fxstreet
Fri, May 30
Cryptocurrencies
Ethereum researcher raise concerns about Bitcoin potential security problem due to its low fees
Ethereum Foundation researcher Justin Drake has warned about the security of the Bitcoin Network. Drake shared his view on X, noting that the Bitcoin Proof of Work (PoW) consensus mechanism is a ticking time bomb.
Stocks
Marvell Technology Inc reports results for the quarter ended April 30 - Earnings Summary
Marvell Technology Inc MRVL.OQ reported quarterly adjusted earnings of 62 cents per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of 24 cents. The mean expectation of thirty analysts for the quarter was for earnings of 61 cents per sha
Reuters
Fri, May 30
Other
Galaxy Digital Inc. Announces Pricing Of 31.6 Million Shares At $19.00 Per Share
May 29 (Reuters) - Galaxy Digital Inc GLXY.O:GALAXY DIGITAL INC. ANNOUNCES PRICING OF ITS UPSIZED PUBLIC OFFERING OF COMMON STOCKGALAXY DIGITAL INC - PRICING OF 31.6 MILLION SHARES AT $19.00 PER SHAREReuters
Fri, May 30
Stocks
Ambarella Inc reports results for the quarter ended April 30 - Earnings Summary
Ambarella Inc AMBA.OQ reported quarterly adjusted earnings of 7 cents per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of -26 cents. The mean expectation of twelve analysts for the quarter was for earnings of 2 cents per share. Wall S...Reuters
Fri, May 30
Cryptocurrencies
Ethereum Tests Key Weekly Resistance – Analyst Sets $4K Target If ETH Breaks Out
Ethereum is taking the lead in the crypto market as Bitcoin continues to consolidate near its all-time highs. After months of lagging behind BTC, ETH is now making a strong move, with bulls pushing price action toward the critical $2,800 resistance. This level, which has consistently capped upside m...NewsBTC
Fri, May 30
Cryptocurrencies
Ethereum’s Path To $10,000 Milestone Hinges On Flipping This Level Into Support
While Ethereum has picked up pace today, its price continues to display robust resilience by holding strong above the $2,700 level. ETH’s performance has been remarkable in recent weeks, surpassing crypto assets like Bitcoin. A crypto analyst foresees a potential extension of the current upward tren...Bitcoinist
Fri, May 30
Economic Indicator
Japan April factory output falls 0.9% month-on-month
TOKYO, May 30 (Reuters) - Japan's factory output fell in April by 0.9% from the previous month, better than a median market forecast for a 1.4% drop, government data showed on Friday.Manufacturers surveyed by the Ministry of Economy, Trade and Industry expect seasonally adjusted output to increa...Reuters
Thu, May 29
