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Commodities
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, May 21 (Reuters) - Contract Target Support/Resistance Brent oil $66.67/$67.36sup $65.88/$64.91Palm oil (3rd month)3,866 ringgitres 3,946/3,981 ringgitWTI* $64.17sup $62.65/$62.31/$61.50Spot gold$3,322/$3,366sup $3,268/$3,251LME copper (3rd mo...Reuters
Wed, May 21
Cryptocurrencies
SEC charges Unicoin and executives for fraud
May 20 (Reuters) - The U.S. Securities and Exchange Commission (SEC) on Wednesday charged cryptocurrency company Unicoin and three of its top executives, including its CEO and Board Chairman Alex Konanykhin, for false and misleading statements that raised more than $100 million from thousands of inv...Reuters
Wed, May 21
Stocks
Ford to share US battery plant with Nissan amid further EV pullback – WSJ
Investing.com-- Ford Motor (NYSE:F) is scaling back more of its electric vehicle (EV) ambitions, allowing Nissan (OTC:NSANY) Motor (TYO:7201) to use part of its Kentucky battery plant amid slower-thanInvesting.com
Wed, May 21
Other
Southern Company Announces Upsize And Pricing Of $1.45 Billion In Aggregate Principal Amount Of Series 2025A 3.25% Convertible Senior Notes Due June 15, 2028
Southern Co SO.N:SOUTHERN COMPANY ANNOUNCES UPSIZE AND PRICING OF $1.45 BILLION IN AGGREGATE PRINCIPAL AMOUNT OF SERIES 2025A 3.25% CONVERTIBLE SENIOR NOTES DUE JUNE 15, 2028Reuters
Wed, May 21
Commodities
WTI climbs to near $63.00 on report that Israel is preparing to strike Iran
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.95 during the Asian trading hours on Wednesday. The WTI price surges after CNN reported that US intelligence suggests Israel is making preparations to possibly strike Iranian nuclear facilities.
Fxstreet
Wed, May 21
Other
Moody's downgrade ripples through bond market, causes worries for stocks
NEW YORK, May 20 (Reuters) - Moody's U.S. debt downgrade is raising concerns that investors could reevaluate their appetite for U.S. government bonds, with the potential for rising yields to put pressure on stocks that are trading at elevated valuations.Reuters
Wed, May 21
Commodities
Oil rises 1% on reports Israel preparing strike on Iranian nuclear facilities
May 21 (Reuters) - Oil prices jumped more than 1% on Wednesday after reports Israel is preparing a strike on Iranian nuclear facilities, raising fears that a conflict could upset supply availability in the key Middle East producing region. Brent futures for July LCOc1 rose 86 cents, or 1.32%, to $...Reuters
Wed, May 21
Commodities
Gold price surges past $3,280 on US Moody’s downgrade and geopolitical risks
Gold price advances for the second straight day on Tuesday as the Greenback continues to print losses due to uncertainty about trade policies and the fiscal health of the United States (US) following last Friday’s Moody’s US debt downgrade.
Fxstreet
Wed, May 21
Stocks
Google pushes AI upgrades, subscriptions at annual I/O developer event amid search challenges
MOUNTAIN VIEW, California, May 20 (Reuters) - Alphabet's GOOGL.O Google said on Tuesday it would put artificial intelligence into the hands of more Web surfers while teasing a $249.99-a-month subscription for its AI power users, its latest effort to fend off growing competition from startups like Op
Reuters
Wed, May 21
Commodities
Argentina approves $2.5 bln Rio Tinto lithium mining project
By Lucila Sigal BUENOS AIRES, May 20 (Reuters) - Argentina's government on Tuesday approved a $2.5 billion lithium mining project by Anglo-Australian giant Rio Tinto RIO.L, RIO.AX, marking the first mining project under a new investment incentive regime.The approval of Rio Tinto's Rincon ...Reuters
Wed, May 21
Economic Indicator
Fed policymakers express concerns over economic and business sentiment
During a discussion panel hosted by the Federal Reserve (Fed) Bank of Atlanta, the San Francisco and Cleveland Fed Bank Presidents Mary C. Daly and Beth Hammack both took the opportunity to express concern about the current state of the US economy.Fxstreet
Wed, May 21
Other
Canada looks to help build Ukraine's pension system, finance minister says
By Julia Payne and Promit Mukherjee BANFF, Alberta, May 20 (Reuters) - Canada is considering helping build a pension system like its own for Ukraine, Finance Minister François-Philippe Champagne said on Tuesday. "I had the privilege with Sergii to meet a number of pension funds and a number o...Reuters
Wed, May 21
Other
Israel preparing possible strike on Iran’s nuclear facilities, CNN reports
Investing.com-- Israel is preparing for a potential military strike on Iranian nuclear facilities, as the U.S. continues to pursue a diplomatic agreement with Tehran, CNN reported on Tuesday, citing mInvesting.com
Wed, May 21
Cryptocurrencies
Trump’s trade fight puts Silicon Valley and global internet services at risk
President Donald Trump’s push to reshape global trade has overlooked the export of digital services. a major American strength. Experts warn that this blind spot could have serious consequences for Silicon Valley and the broader digital economy. Allianz Trade, an intelligence firm that tracks global trade risks, published a report on Tuesday based on a […]Cryptopolitan
Wed, May 21
Economic Indicator
Fed officials expect tariffs to boost prices; White House downplays risk
AMELIA ISLAND, Florida, May 20 (Reuters) - Federal Reserve officials said on Tuesday that higher prices are coming on the back of rising U.S. import tariffs and counseled patience before making any interest rate decisions before it is clear whether the inflation shock will be fleeting or more persisReuters
Wed, May 21
