News
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Cryptocurrencies
European insurers take $3.5 billion hit from LA wildfires, smaller than expected
European reinsurers are swallowing $3.5 billion in losses from the Los Angeles wildfires, a figure that’s way above early guesses but still under some of the worst projections. The insured damage, mostly from reinsurance payouts, is being carried by ten major publicly traded firms across Europe, as reported by CNBC. These companies are based mainly […]Cryptopolitan
Mon, May 26
Commodities
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, May 26 (Reuters) - Contract Target Support/Resistance Brent oil $64.54/$64.04res $65.33/$65.82Palm oil (3rd month)3,768 ringgitres 3,847/3,883 ringgitWTI* $61.55/$61.20/$60.74res $62.05/$62.45/$62.86Spot gold$3,284res 3,366/$3,386/$3,417LME c...Reuters
Mon, May 26
Other
Hong Kong urges universities to facilitate students after Harvard ban
HONG KONG, May 26 (Reuters) - Hong Kong's Education Bureau said that it had called on universities in the Chinese territory to attract top talent following a ban on Harvard University enrolling foreign students.U.S. President Donald Trump's administration revoked Harvard University's abi...Reuters
Mon, May 26
Economic Indicator
Japan signals intent to reach tariff deal with US in June
Japan’s chief trade negotiator Ryosei Akazawa indicated his aim to advance tariff talks with the United States in time for a June meeting between US President Donald Trump and Japan’s Prime Minister Shigeru Ishiba, per Bloomberg.Fxstreet
Mon, May 26
Forex
Euro rises, dollar recovers as Trump gives more time for EU deal
TOKYO, May 26 (Reuters) - The euro and U.S. dollar rose against the safe-haven yen and Swiss franc on Monday after President Donald Trump set a July 9 deadline for a trade deal with the European Union, rescinding his threat of a 50% tariff from June 1.
Reuters
Mon, May 26
Other
Nvidia to launch cheaper Blackwell AI chip for China after US export curbs, sources say
BEIJING/TAIPEI, May 24 (Reuters) - Nvidia NVDA.O will launch a new artificial intelligence chipset for China at a significantly lower price than its recently restricted H20 model and plans to start mass production as early as June, sources familiar with the matter said.
Reuters
Mon, May 26
Cryptocurrencies
Trump’s Golden Dome faces critical economical and technological challenges
President Trump aims to spend around $175 billion on his ambitious new missile-defense system, Golden Dome, before his term ends. The plan would seek to detect and destroy missiles launched from anywhere in the world, but experts say it faces steep technical challenges and budget concerns.Cryptopolitan
Mon, May 26
Cryptocurrencies
Bitcoin At Crossroads After Trump Tariff Shock: Breakdown Towards $106K Or New ATH?
Bitcoin is grappling with intensified volatility following a sharp selloff triggered by US President Donald Trump’s abrupt announcement of a sweeping 50% tariff on all EU imports starting June 1. The unexpected macroeconomic move sent shockwaves through assets, and Bitcoin was no exception...
NewsBTC
Mon, May 26
Stocks
Australia's Wisetech rises on $2.1 billion acquisition of E2open
** Shares of WiseTech WTC.AX rise as much 5.7% to A$105.72, their highest level since February 19** Logistics software provider announces acquisition of U.S. cloud computing firm E2open ETWO.N for $2.1 billion** Says deal fully funded via new $3 billion debt facility, underwritten by nine-lender syn...Reuters
Mon, May 26
Cryptocurrencies
Trump doesn’t know “what the hell” happened to Putin – The US gears to respond
President Donald Trump said he was definitely weighing fresh sanctions on Russia after Moscow carried out a second straight night of missile and drone strikes across Ukraine. Trump made the remarks to reporters on Sunday in New Jersey, just before boarding Air Force One. He appeared increasingly annoyed with Russian President Vladimir Putin and dismayed […]Cryptopolitan
Mon, May 26
Cryptocurrencies
US and Japanese stocks surge as gold and dollar plunge after Trump agrees to postpone Europe tariffs
Stocks in both the United States and Japan climbed hard on Monday after President Donald Trump said he would delay the 50% tariffs he previously threatened on goods from the European Union. He made the announcement late Sunday, pushing the original June 1 deadline to July 9. Data from Bloomberg shows that this delay instantly […]Cryptopolitan
Mon, May 26
Other
Australia's WiseTech agrees to buy E2open for $2.1 billion
May 26 (Reuters) - Australian software company WiseTech Global WTC.AX on Monday announced its biggest deal to date, buying out U.S. cloud computing firm E2open ETWO.N for $2.1 billion to broaden its product offerings. The deal, which will be fully funded through a new $3 billion debt facilit...Reuters
Mon, May 26
Economic Indicator
Iran says discussions with US 'complicated' after fifth round of nuclear talks
Iranian Foreign Minister Abbas Araghchi said on Friday that discussions with the United States (US) over its nuclear program were complicated as the fifth round of talks concluded in Rome.Fxstreet
Mon, May 26
Cryptocurrencies
Bitcoin Cup-And-Handle Pattern Suggests Bull Target Remains At $300,000 – Details
Popular market analyst Gert Van Lagen has audaciously backed Bitcoin (BTC) to hit the $300,000 price mark amid the current bull run. Van Lagen’s prediction comes a few days after establishing a new all-time high at $111,970, signaling a strong bullish intent to maintain the current price uptrend Ove...Bitcoinist
Mon, May 26
Other
DIARY-Emerging Markets Economic Events to July 31
May 26 (Reuters) - For other diaries, please see:Top Economic Events M/DIARYEmerging Markets Economic Events EMRG/DIARYGovernment Debt Auctions D/DIARYPolitical and General News POL/DIARYU.S. Federal Reserve FED/DIARYToday in Washington WASH/DIARY----------...Reuters
Mon, May 26
Other
DIARY-Top Economic Events to July 30
May 26 (Reuters) - For other diaries, please see: Top Economic Events M/DIARYEmerging Markets Economic Events EMRG/DIARYGovernment Debt Auctions D/DIARYPolitical and General News POL/DIARYU.S. Federal Reserve FED/DIARYToday in Washington WASH/DIARY--------...Reuters
Mon, May 26
Commodities
France, Vietnam set to sign dozens of deals as Macron visits Hanoi
Macron meets Vietnam leaders on Monday in first visit to HanoiState visit comes amid growing trade tensions with WashingtonProgress possible on Airbus planes, satellite, sources sayEuropeans worry Hanoi's flagged Boeing deals may impact AirbusBy Francesco Guarascio and Phuong Nguyen HANOI, Ma...Reuters
Mon, May 26
