News
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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
Cryptocurrencies
Southeast Asian leaders meet to strengthen China, Gulf ties and counter Trump tariffs
Southeast Asian leaders began a two-day summit in Kuala Lumpur on Monday to work out trade deals with China and Gulf nations, as they face growing pressure from U.S. President Donald Trump’s new tariff hikes. The Association of Southeast Asian Nations (Asean) brought together its ten member states in an attempt to protect their economies, […]Cryptopolitan
Sun, May 25
Cryptocurrencies
Trump claims Nippon Steel deal will boost US job market but the math doesn’t add up
Donald Trump claimed on Friday that a “planned partnership” between Nippon Steel and US Steel would deliver “at least 70,000 jobs” to American workers and inject $14 billion into the economy. But that figure overshoots by a long shot — more than five times the number of employees US Steel currently has in the United […]Cryptopolitan
Sun, May 25
Cryptocurrencies
Jim Cramer says US stock market is hideously underperforming compared to Europe
The gap between US stocks and European equities is no longer small. It’s wide, painful, and according to Jim Cramer, downright “hideous.” Speaking on CNBC’s Squawk on the Street on SUnday, Jim said, “The money keeps going to these European stocks. And it’s rather amazing.” The DAX in Germany is up 19% so far this […]Cryptopolitan
Sun, May 25
Other
South Korea presidential candidate Lee says to restore hotline with North Korea
SEOUL, May 26 (Reuters) - South Korea's liberal presidential candidate Lee Jae-myung said in a Facebook message on Monday he will pursue the restoration of communication between Seoul and North Korea including via a military hotline.Reuters
Sun, May 25
Economic Indicator
Russia’s largest drone and missile attack on Ukraine kills at least 12
Ukrainian said early Sunday that a massive Russian drone-and-missile attack targeted Kyiv and other regions in the country for a second consecutive night, killing at least 12 people and injuring dozens.Fxstreet
Sun, May 25
