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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
Other
US-China tariff talks 'a bit stalled,' needs Trump, Xi input, Bessent says
May 29 (Reuters) - U.S. trade talks with China are "a bit stalled" and getting a deal over the finish line will likely need the direct involvement of President Donald Trump and Chinese President Xi Jinping, U.S. Treasury Secretary Scott Bessent said on Thursday.Two weeks after breakthrough n...Reuters
Thu, May 29
Commodities
US terminal operator warns its ethane, butane exports to China could fall
May 29 (Reuters) - Enterprise Products Partners EPD.N on Thursday said its ethane and butane exports could be hurt by a U.S. Department of Commerce requirement that it apply for a license to export to China.The United States has ordered a broad swathe of companies to stop shipping goods, including e...Reuters
Thu, May 29
Forex
Japanese life insurers cut protection against stronger Yen to fresh 14-year low - Bloomberg
Japanese life insurers cut protection for their foreign assets against a stronger Japanese Yen (JPY) to a fresh 14-year low, signaling subdued expectations of a sustained rally in the JPY, per Bloomberg.Fxstreet
Thu, May 29
Stocks
UMB Financial Says Pricing Of An Underwritten Offering Of 12 Million Depositary Shares At $25 Per Depositary Share
May 29 (Reuters) - UMB Financial Corp UMBF.O:UMB FINANCIAL CORPORATION ANNOUNCES PRICING OF AN UNDERWRITTEN OFFERING OF 12,000,000 DEPOSITARY SHARES REPRESENTING INTERESTS IN ITS SERIES B PREFERRED STOCKUMB FINANCIAL CORP - OFFERING PRICED AT $25 PER DEPOSITARY SHAREReuters
Thu, May 29
Other
US FAA extends program allowing Boeing to conduct agency tasks like inspections
Long-time program allows Boeing to conduct tasks on FAA behalfCritics have said the FAA did not ensure adequate oversightAgency says it will closely monitor Boeing actionsBy David Shepardson WASHINGTON, May 29 (Reuters) - The U.S. Federal Aviation Administration said on Thursday it would extend b...Reuters
Thu, May 29
