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USD eases amid latest tariff reprieve – Scotiabank
President Trump rescinded his threat of 50% tariffs on EU imports over the weekend, delaying the decision until July 9th, the original end date of his last delay on reciprocal tariffs announced early in April, Scotiabank's Chief FX Strategist Shaun Osborne notes.Fxstreet
Mon, May 26
Commodities
France, Vietnam sign deals worth $10 billion as Macron visits Hanoi
Macron meets Vietnam's leaders in first visit to HanoiAirline VietJet agrees to buy 20 more Airbus planesDeals cover defence, satellites, nuclear energy, vaccinesVisit comes amid trade tension with WashingtonBy Francesco Guarascio and Phuong Nguyen HANOI, May 26 (Reuters) - France and Vietnam...Reuters
Mon, May 26
Indices
US Dollar partially recovers after brief dip on EU tariffs delay
The US Dollar Index (DXY), which tracks the performance of the Greenback’s value against six major currencies, ticks slightly lower this Monday after facing some small losses during early trading hours. The index trades around 99.00 at the time of writing.Fxstreet
Mon, May 26
Other
Macron says he thinks Trump realising aspects of Putin's lies on Ukraine
HANOI, May 26 (Reuters) - French President Emmanuel Macron said on Monday that he thinks that U.S. President Donald Trump is realising aspects of Russian leader Vladimir Putin's lies regarding Ukraine.Macron's remarks came after Trump wrote in a post on social media that Putin had "gone ...Reuters
Mon, May 26
Cryptocurrencies
OpenAI’s ‘smartest and most capable’ o3 model disobeyed shutdown instructions: Palisade Research
According to reports, researchers were unable to switch off the latest OpenAI o3 artificial intelligence model, noting that it refused to power down despite human instruction. Apparently, artificial intelligence may be advancing faster than humans imagined, and the latest news from Palisade Research has AI critics feeling vindicated. ChatGPT is getting more crafty, perhaps even […]Cryptopolitan
Mon, May 26
Other
Golden Arrow Resources Appoints Nikolaos Cacos As President & CEO
May 26 (Reuters) - Greggs PLC GRG.L:GOLDEN ARROW APPOINTS NEW PRESIDENT & CEOGOLDEN ARROW RESOURCES CORP - APPOINTS NIKOLAOS CACOS AS PRESIDENT & CEOGOLDEN ARROW RESOURCES CORP - JOSEPH GROSSO STEPS DOWN AS PRESIDENT & CEO, REMAINS CHAIRMANReuters
Mon, May 26
Other
Macron says exchange between Trump, von der Leyen was good
HANOI, May 26 (Reuters) - French President Emmanuel Macron said on Monday that there was a good exchange between European Commission President Ursula von der Leyen and US President Donald Trump and he said he hopes they can get to the lowest tariffs possible.Reuters
Mon, May 26
Other
France has signed 9 bln euros worth of contracts in Vietnam so far, Macron says
HANOI, May 26 (Reuters) - French President Emmanuel Macron said on Monday that France has signed 9 billion euros ($10.25 billion) worth of contracts in Vietnam so far during the first leg of his trip to Southeast Asia.($1 = 0.8783 euros)Reuters
Mon, May 26
Cryptocurrencies
SUI Price Forecast: Chances of recovery grow after holding above $3.50
Sui (SUI) trades at $3.61 with a mild gain of 0.69% at press time on Monday, holding steady after the $223 million hack of Cetus, a Sui ecosystem Decentralized Exchange (DEX), in tandem with the broader market’s positive start this week, alongside the recovering Sui network metrics and derivatives mFxstreet
Mon, May 26
Stocks
Is Rocket Lab Stock a Buy Now?
It's hard to keep a good company down, and Rocket Lab (NASDAQ: RKLB) investors are happy to realize this. Earlier this month, as you may recall, Rocket Lab shares tumbled after missing on first-quarter earnings but beating on sales and guiding investors lower than expected for Q2. It didn't take the...The Motley Fool
Mon, May 26
Other
Euro zone bond yields edge up amid US-EU tariff negotiations
By Stefano Rebaudo May 26 (Reuters) - Euro zone government bond yields edged up on Monday as the U.S. backed away from its threat to slap 50% tariffs on European imports, easing fears of a sharp economic slowdown.U.S. President Donald Trump restored a July 9 deadline to allow negotiations. A Euro...Reuters
Mon, May 26
Other
Volvo Cars to cut 3,000 jobs in restructuring
STOCKHOLM, May 26 (Reuters) - Sweden-based Volvo Cars VOLCARb.ST said on Monday it will cut 3,000 jobs as part of a restructuring announced last month as it grapples with high costs, a slowdown in electric vehicle demand and uncertainty over trade tariffs.Volvo Cars, which is majority-owned by China...Reuters
Mon, May 26
Other
What's at stake as Trump's tariffs threaten EU exports
May 26 (Reuters) - U.S. President Donald Trump has backed away from a threat to impose 50% tariffs imminently on imports from the European Union, giving more time for talks between Washington and the 27-nation bloc to produce a deal.Economically, both sides have much at stake.The United States was t...Reuters
Mon, May 26
Commodities
Asia Naphtha/Gasoline-Naphtha crack falls, gasoline below $11/bbl
NEW DELHI, May 26 (Reuters) - Asia's naphtha refining profit margin declined on Monday after underlying prices rose in tandem with crude oil benchmarks.The crack declined by about $3 to $84.75 per metric ton over Brent crude and the backwardation between first-half July and first-half August car...Reuters
Mon, May 26
Cryptocurrencies
Coinbase sued in class action over stock price drop tied to data breach reveal
Cryptocurrency exchange Coinbase Global Inc. is facing a class action lawsuit that alleges the company and top executives misled investors by failing to disclose a significant data breach and serious regulatory violations tied to its UK operations. The suit, filed on May 22, names CEO Brian Armstrong and CFO Alesia Haas among the defendants. The […]Cryptopolitan
Mon, May 26
Stocks
7 Artificial Intelligence (AI) Stocks to Buy Right Now
Artificial intelligence (AI) is rapidly evolving from a futuristic concept to the defining technology of our era. With generative AI alone projected to add trillions in economic value by 2030, we're witnessing the early stages of a transformation that will reshape every industry. From voice interfac...The Motley Fool
Mon, May 26
Commodities
PRECIOUS-Gold falls after Trump extends tariff deadline on EU goods
Trump extends EU trade talk deadline to July 9Dollar hits one-month low vs rivalsGold expected to retest $3,500/oz in coming months, analyst saysBy Anmol Choubey May 26 (Reuters) - Gold prices fell on Monday after U.S. President Donald Trump reversed course on his threat to impose 50% tariffs on ...Reuters
Mon, May 26
Cryptocurrencies
Strategy to Buy Bitcoin Dip as Trump Crypto Focus Fuels the Best Presales for Explosive Gains
‘Buy the dip!’ The time-honoured cry of crypto investors now echoes from Michael Saylor himself, patron saint of all Bitcoin maximalists. Saylor’s riding high because of Bitcoin’s recent $111K all-time high four days ago. And US Treasury Secretary Scott Bessent further boosted him by reiterating tha...Bitcoinist
Mon, May 26
