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Cryptocurrencies
Powell met Trump at the White House but refused to discuss interest rate plans
Jerome Powell, the Chair of the Federal Reserve, met with President Donald Trump on Thursday at the White House after repeatedly saying he wasn’t interested in doing that. This was their first meeting since Trump returned to office for a second term. The central bank released a formal statement confirming the meeting and made one […]Cryptopolitan
Thu, May 29
Other
BREAKINGVIEWS-Mega-deal truce augurs gentler trustbuster norm
By Jonathan Guilford NEW YORK, May 29 (Reuters Breakingviews) - New competition cops are making their presence known. The U.S. Federal Trade Commission on Wednesday blessed the $35 billion merger of software developers Ansys ANSS.O and Synopsys SNPS.O, on the proviso that they offload some asset...Reuters
Thu, May 29
Cryptocurrencies
Mutuum Finance (MUTM) Price Prediction: Low-Priced Gem Following Ethereum’s (ETH) Legendary Rally
Mutuum Finance (MUTM) is quickly gaining traction as a promising low-priced gem in the crypto space, capturing investor attention following Ethereum’s (ETH) legendary rally. As ETH continues to dominate with groundbreaking upgrades, Mutuum Finance’s affordable entry point offers a better opportunity for traders seeking massive upside potential. A strong investor backing has emerged through acquisition […]Cryptopolitan
Thu, May 29
Stocks
Amer Sports edges down after top investor slashes stake in $1.3 bln secondary offering
** Shares of Amer Sports AS.N down 0.6% at $37.50 premarket after secondary offering priced** Finland-based sportswear firm late Weds announced sale of 35 mln shares by Asian investment firm FountainVest Partners at $37.20** Offering price represents 1.4% discount to stock's last close ** Fou...Reuters
Thu, May 29
Other
Russia keeps same delegation for talks with Ukraine, TASS cites foreign ministry
MOSCOW, May 29 (Reuters) - The Russian delegation to the second round of talks with Ukraine in Turkey's Istanbul will be the same as for the first round, the TASS news cited Russia's foreign ministry spokeswoman Maria Zakharova as saying on Thursday. Russia has proposed holding the next roun...Reuters
Thu, May 29
Economic Indicator
Fed's Goolsbee: US trade court ruling may extend tariff uncertainty
May 29 (Reuters) - A U.S. trade court ruling blocking some of the Trump administration's sweeping tariffs may not clear up the uncertainty that is holding back U.S. businesses, Federal Reserve Bank of Chicago President Austan Goolsbee said on Thursday, because the administration may find other ...Reuters
Thu, May 29
Commodities
Boeing CEO says company is 'pretty confident' it is ready to increase 737 MAX output
Boeing 'pretty confident' it can increase production of 737 MAX jets to 42 a month After FAA approves output increase, CEO says company has subsequent rate increases in its planBy Dan Catchpole May 29 (Reuters) - Boeing BA.N is "pretty confident" that it can increase production of...Reuters
Thu, May 29
Other
Synopsys Suspends Financial Guidance For Q3 & FY 2025
May 29 (Reuters) - Synopsys Inc SNPS.O:SYNOPSYS ISSUES STATEMENT IN CONNECTION WITH BIS LETTERSYNOPSYS INC - ASSESSING IMPACT OF BIS LETTER ON BUSINESSSYNOPSYS INC - SUSPENDS FINANCIAL GUIDANCE FOR Q3 AND FY 2025SYNOPSYS: ON MAY 29, GOT LETTER FROM BUREAU OF INDUSTRY & SECURITY OF U.S. DEPARTMEN...Reuters
Thu, May 29
Commodities
Wartsila bets flexibility key for ethanol power generation in Brazil
Wartsila says running an engine on ethanol will provide needed flexibilityEarlier successful tests for ethanol power in Brazil failed to advance furtherBy Oliver Griffin SAO PAULO, May 29 (Reuters) - Finland's Wartsila WRT1V.HE is betting that a more nimble way to generate power with ethanol ...Reuters
Thu, May 29
Forex
CANADA FX DEBT-Canadian dollar gains as investors weigh US court ruling on tariffs
Canadian dollar gains 0.2% against the greenbackTrades in a range of 1.3786 to 1.3861Current account deficit narrows to C$2.13 billionBond yields ease across the curveBy Fergal Smith TORONTO, May 29 (Reuters) - The Canadian dollar strengthened against its U.S. counterpart on Thursday as some inve...Reuters
Thu, May 29
Economic Indicator
Nvidia discloses more China risks, but CEO praises Trump
Nvidia discloses risks from rules on Chinese vehicle tech, open-source AIHuang praises Trump's Middle East tour for boosting US tech leadershipNvidia forecasts $45 billion sales despite US-China trade tensionsShares of the company jump 4%By Stephen Nellis May 29 (Reuters) - Even as Nvidia rep...Reuters
Thu, May 29
Commodities
Gold surges above $3,300 as US jobs data disappoints, Trump tariffs blocked
Gold price bounced off weekly lows of $3,245 and rose past $3,300 on Thursday, helped by a softer jobs report in the United States (US), while markets cheered a US court decision to block US President Donald Trump’s tariffs. At the time of writing, XAU/USD trades at $3,318 and gains 0.94%.
Fxstreet
Thu, May 29
Cryptocurrencies
Kazakhstan to permit crypto payments in pilot mode
Kazakhstan intends to pilot cryptocurrency payments as part of a new policy of regulating rather than banning transactions with digital assets like Bitcoin. The news from the Central Asian nation, which has established itself as a crypto mining hub, comes amid government efforts to legalize crypto-related operations. Kazakhstan to permit crypto payments in pilot mode […]Cryptopolitan
Thu, May 29
Stocks
LIVE MARKETS-Mirror mirror on the wall, is the Mag 7 still the fairest of them all?
Nasdaq gains ~0.6%, S&P 500 up ~0.4%; Dow barely higherTech leads S&P sector gainers; Comm Svcs sole loserDollar slides ~1%; crude down >1%; bitcoin dips; gold up ~1%US 10-Year Treasury yield falls to ~4.42%Welcome to the home for real-time coverage of markets brought to you by Reuters re...Reuters
Thu, May 29
