News
Important Only
Economic Indicator
Swiss government agrees negotiating mandate on tariffs with U.S.
ZURICH, May 28 (Reuters) - The Swiss government wants to resolve customs issues with the United States and has agreed a draft negotiating mandate on trade and economic matters to be sent to parliament's foreign policy committees and the cantons, it said on Wednesday.Bern does not expect an econo...Reuters
Wed, May 28
Forex
GBP flat vs. USD, trading just below Monday’s multi-year high – Scotiabank
Pound Sterling (GBP) is entering Wednesday’s NA session unchanged vs. the US Dollar (USD), trading flat around 1.3500 just below Monday’s multi-year high, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Fxstreet
Wed, May 28
Stocks
Veru rises as combo drug shows fewer side effects than semaglutide alone in trial
** Shares of weight-loss drug developer of Veru VERU.O rise 46% to 74 cents premarket** VERU says combination of its experimental drug, enobosarm, and semaglutide resulted in fewer gastrointestinal side effects such as diarrhea and nausea in mid-stage trial, compared with semaglutide alone** Combo d...Reuters
Wed, May 28
Cryptocurrencies
Russia escalates public spat with US president Trump with World War III threats
Russia publicly threatened World War III on Wednesday after a furious exchange between President Donald Trump and Russian official Dmitry Medvedev exploded across social media. The row started when Trump warned that Russian President Vladimir Putin was “playing with fire” by moving 50,000 troops to Ukraine’s Sumy region, a decision Kyiv says could lead to […]Cryptopolitan
Wed, May 28
Other
Kremlin on Trump's 'playing with fire' comments: Putin puts national interests first
Trump: Putin 'playing with fire' as Moscow hit UkraineKremlin spokesman: National interests paramount for PutinPutin's aide: Trump is ill-briefed on Russia-Ukraine war MOSCOW, May 28 (Reuters) - The Kremlin, commenting on remarks by U.S. President Donald Trump that Vladimir Putin was ...Reuters
Wed, May 28
Other
CORRECTED-ANALYSIS-Macron navigates rocky path to recognising Palestinian state
No decision taken but Macron favours Palestinian recognitionParis wants to create momentum as two-state solution dissipatesIsraeli lobbies to convince Paris to change course By John Irish PARIS, May 28 (Reuters) - French President Emmanuel Macron is leaning towards recognising a Palestinian st...Reuters
Wed, May 28
Stocks
1 Top Cryptocurrency to Buy Before It Soars 9,105%, According to MicroStrategy's Co-Founder Michael Saylor
With Bitcoin (CRYPTO: BTC), the world's largest cryptocurrency, now having recently surpassed $111,000, few investors have done better than MicroStrategy's co-founder Michael Saylor. Saylor made a big bet on Bitcoin in 2020, investing most of the company's remaining capital in Bitcoin, and has been ...The Motley Fool
Wed, May 28
Stocks
US STOCKS-US stock futures muted after sharp rally, focus on Nvidia earnings
Futures: Dow flat, S&P 500 up 0.07%, Nasdaq up 0.18%Nvidia results due after markets closeAzul falls on bankruptcy filingBy Shashwat Chauhan and Kanchana Chakravarty May 28 (Reuters) - U.S. stock index futures were subdued on Wednesday after a sharp rally in the previous session, when cooling...Reuters
Wed, May 28
Economic Indicator
USD/CNH: Likely to trade between 7.1750 and 7.1950 – UOB Group
US Dollar (USD) is likely to trade between 7.1750 and 7.1950 against Chinese Yuan (CNH). In the longer run, downward momentum is slowing; a breach of 7.2070 would mean that the downward bias has faded, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Wed, May 28
Other
Morning News Call - U.S., May 28
To access a PDF version of this newsletter, please click hereYou can read Morning News Call -- US via TOPNEWS U.S. Companies page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-pageFor Morning News Call Ca...Reuters
Wed, May 28
Forex
USD/JPY: Any advance is likely limited to a test of 144.80 – UOB Group
US Dollar (USD) could strengthen further vs Japanese Yen (JPY); deeply overbought conditions suggest that any advance is likely limited to a test of 144.80. In the longer run, week-long USD weakness has stabilised; USD is likely to trade in a 142.70/145.30 range.
Fxstreet
Wed, May 28
Other
GSK, Spero to stop urinary tract infection drug trial due to early success
May 28 (Reuters) - Spero Therapeutics SPRO.O and partner GSK GSK.L said on Wednesday that an experimental drug for complicated urinary tract infections met the main goal of a late-stage trial and the companies will be stopping the trial early for efficacy.Reuters
Wed, May 28
Forex
NZD/USD: To trade sideways between 0.5920 and 0.5980 – UOB Group
New Zealand Dollar (NZD) could trade sideways between 0.5920 and 0.5980 against US Dollar (USD). In the longer run, momentum is slowing rapidly; the chance of NZD breaking decisively above 0.6030 is slim, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Wed, May 28
Stocks
CANADA STOCKS-TSX futures slip ahead of Nvidia results
May 28 (Reuters) - Futures for Canada's main stock index edged lower on Wednesday, pulling back from the previous session's record high, as investors awaited trade-related developments and chip giant Nvidia's quarterly results later in the day.June futures on the S&P/TSX index SXFcv1...Reuters
Wed, May 28
