News
Important Only
Forex
Eurozone Preliminary Manufacturing PMI rises to 49.4 in May vs. 49.3 expected
The Eurozone manufacturing sector remained in contraction, while services sector also followed suit in May, according to data from the HCOB's latest Purchasing Managers' Index (PMI) Survey, published on Thursday.
Fxstreet
Thu, May 22
Economic Indicator
Euro zone May business activity surprisingly contracts, PMI shows
LONDON, May 22 (Reuters) - Euro zone business activity unexpectedly slipped back into contraction this month as the bloc's dominant services industry suffered a deeper downturn in demand, although manufacturing showed further signs of stabilisation, a survey showed.HCOB's preliminary composi...Reuters
Thu, May 22
Cryptocurrencies
Bitcoin Ready For Second ‘Price Discovery Uptrend’ Following $109,000 Breakout – What’s Ahead For BTC?
Bitcoin (BTC) has hit a new all-time high (ATH) after a 4% daily breakout above the $109,000 mark. As the flagship crypto nears the next barrier, some analysts suggest that this cycle’s top isn’t in yet. Related Reading: SUI Preparing For Another Leg Up – Is $5 The Next Target? Bitcoin Hits New All-...NewsBTC
Thu, May 22
Stocks
2 Nasdaq-100 Stocks I'd Buy Without Hesitation Right Now
The Nasdaq-100 plunged earlier this year following the Liberation Day tariffs, sinking into a bear market. Over the past few weeks, however, the index has come roaring back and now sits less than 5% below the peak it hit in February.While the economy still remains uncertain as trade negotiations pla...The Motley Fool
Thu, May 22
Cryptocurrencies
Bitcoin Approaches Golden Cross With ATH In Sight – How High Can BTC Go?
Bitcoin (BTC) is nearing a bullish Golden Cross formation on the weekly chart, as the largest cryptocurrency by market cap trades just shy of its all-time high (ATH) of $108,786. With a new ATH seemingly within reach, several crypto analysts are weighing in on how high the ongoing rally could propel...Bitcoinist
Thu, May 22
Commodities
South Korea to prepare support for food exporters to weather US tariffs
SEOUL, May 22 (Reuters) - South Korea will prepare support measures for agricultural and food exporters, while closely monitoring the impact of U.S. tariffs on the sector, the finance ministry said on Thursday. The United States is the biggest export market for the sector, with more growth potential...Reuters
Thu, May 22
Other
TREASURIES-Long dated Treasury yields hit new multi-month highs
LONDON, May 22 (Reuters) - U.S. long-dated bond yields nudged up to new multi-month highs on Thursday, before stabilising, a day after soft demand for a sale of 20-year bonds underscored market worries about the United States' increasing debt burden. Investors are also watching a sweeping tax an...Reuters
Thu, May 22
Stocks
Flex LNG Maintains Dividend and Guidance
Flex LNG (NYSE:FLNG) reaffirmed full-year 2025 revenue guidance in the $340 million–$360 million range. The board announced another ordinary dividend of $0.75 per share, while management executed new financing initiatives and highlighted strong contract backlog covering up to 88 years if options are...The Motley Fool
Thu, May 22
Stocks
3 Artificial Intelligence Stocks You Can Buy and Hold for the Next Decade
It may not be a stretch to call artificial intelligence (AI) this generation's most significant growth opportunity. Just think briefly about how much the world has changed since ChatGPT became a thing, and that was just at the end of 2022.Research by Market Research Future estimates that the global ...The Motley Fool
Thu, May 22
Forex
US says it agreed with Japan that dollar-yen reflects fundamentals
BANFF, Alberta, May 21 (Reuters) - U.S. Treasury Secretary Scott Bessent and Japanese Finance Minister Katsunobu Kato agreed on Wednesday that the dollar-yen exchange rate currently reflects fundamentals, the U.S. Treasury Department said, a rare and explicit statement on the market situation.
Reuters
Thu, May 22
Stocks
Wall Street's Newest Stock-Split Stock Has Arrived -- and Its Shares Have Rocketed Higher by 214,200% Since Its IPO
For more than two years, artificial intelligence (AI) is the trend that's captivated the attention of Wall Street and everyday investors. The potential for AI to add $15.7 trillion to the global economy by 2030, based on estimates from PwC, has been too tempting for investors to ignore.But artificia...The Motley Fool
Thu, May 22
Stocks
Japan's Nikkei closes at two-week low after heavy sell-off of US stocks, bonds
TOKYO, May 22 (Reuters) - Japan's Nikkei share average closed at a two-week low on Thursday, as investors turned risk-off after sharp declines on Wall Street and a spike in U.S. Treasury yields stoked worries about a flight from U.S. assets.The Nikkei .N225 fell 0.84% at 36,985.87, its lowest cl...Reuters
Thu, May 22
Other
JGB yields jump as BOJ board member says no need for action on bond selloff
TOKYO, May 22 (Reuters) - Japanese government bond yields jumped on Thursday following remarks from a Bank of Japan board member who saw no need for the central bank to step into the market even as super-long bond yields are hovering around record levels. "At times, central banks must take actio...Reuters
Thu, May 22
