News
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Cryptocurrencies
Top 4 Altcoins to Watch in May 2025 for 20x Potential Gains — Why XRP, Solana, Cosmos, and MAGACOIN FINANCE Are on Analyst Radars
1. MAGACOIN FINANCE (MAGAFINANCE) — The Breakout Presale with 20x–35x Potential MAGACOIN FINANCE has emerged as one of the top early-stage altcoins of 2025 — with many analysts calling it a rare opportunity for 20x–35x returns before listings begin. Currently nearing the start of Stage 9, MAGA has a fixed listing target of $0.007, a […]Cryptopolitan
Tue, May 20
Commodities
RPT-COLUMN-Bearish funds flee turbulent copper and turn to aluminium: Andy Home
By Andy Home LONDON, May 19 (Reuters) - The prospect of U.S. import tariffs on copper has been a bonanza for physical metal traders, but the resulting price turbulence has been a big headache for fund managers. Ever since U.S. President Donald Trump ordered an investigation into copper imports in...Reuters
Tue, May 20
Forex
EUR/JPY weakens below 163.00 on BoJ rate hike bets
The EUR/JPY cross trades in negative territory around 162.70 during the early European session on Tuesday. The growing expectation that the Bank of Japan (BoJ) will raise interest rates again this year underpins the Japanese Yen (JPY) against the Euro (EUR).
Fxstreet
Tue, May 20
Stocks
LIVE MARKETS-Markets moody as traders look for trade deals
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comMARKETS MOODY AS TRADERS LOOK FOR TRADE DEALS Investors have taken in stride the Moody's U.S. credit rating downgrade and ar...Reuters
Tue, May 20
Cryptocurrencies
Crypto market rebounds as Trump hints at Russia-Ukraine ceasefire, risk sentiment improves
US President Donald Trump's statement on a possible Russia-Ukraine ceasefire on Monday sparked optimism across global markets. The news of easing geopolitical tensions lifted investor confidence, driving a mild recovery in major cryptocurrencies.
Fxstreet
Tue, May 20
Stocks
Australia's ResMed slips after rival Apnimed posts positive clinical trial results
** ASX-listed shares of medical device-maker ResMed RMD.AX fall as much as 7.3% to A$36.02, their lowest level since April 24** Stock of co, which is involved in treating sleep apnea, COPD and other chronic diseases, marks biggest intraday pct loss since March 12 ** RMD is the top pct loser on the A...Reuters
Tue, May 20
Stocks
Australia's Breville to face tariff headwinds, says Morgan Stanley
** Shares of Breville Group BRG.AX up 2.2% at A$29.63 on the day** Morgan Stanley says near-term earnings risk is elevated for kitchen appliance maker as U.S. tariffs have made it more difficult to export co's products to the U.S.** Adds that the outlook for the U.S. consumer is increasingly unc...Reuters
Tue, May 20
Other
Starlink launches in Bangladesh to boost reliable internet access
DHAKA, May 20 (Reuters) - Tech entrepreneur Elon Musk’s SpaceX-owned satellite internet service Starlink launched in Bangladesh on Tuesday, as the South Asian nation steps up efforts to ensure reliable, uninterrupted access to the internet.Muhammad Yunus, who has led the government since Prime Minis...Reuters
Tue, May 20
Stocks
BREAKINGVIEWS-China entices savers to cross risky Rubicon
By Ka Sing Chan HONG KONG, May 20 (Reuters Breakingviews) - The People’s Republic has just entered a new era: on Tuesday, one-year bank deposit rates dipped below 1% for the first time ever. As a consequence, savers may shift more of their record 160 trillion yuan ($22 trillion) parked there into...Reuters
Tue, May 20
Indices
US Dollar Index (DXY) consolidates around 100.35 area, close to over one-week low
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, oscillates in a range around the 100.35 area through the Asian session on Tuesday and remains close to over a one-week low touched the previous day.Fxstreet
Tue, May 20
Economic Indicator
China's Xi calls for a stronger manufacturing industry, Xinhua reports
BEIJING, May 20 (Reuters) - Chinese President Xi Jinping called for continuous efforts to build a stronger manufacturing industry, the official Xinhua news agency reported on Tuesday. Xi stressed the need for the country to be self-reliant and to master core technologies on a visit to a bearings man...Reuters
Tue, May 20
Commodities
GRAINS-Wheat inches higher but improved US crop weather limits gains
CANBERRA, May 20 (Reuters) - Chicago wheat futures edged higher on Tuesday amid concerns that frosts in Russia and dry conditions in China could damage output, but improved cropping conditions in the United States limited gains, holding prices near last week's five-year low.Reuters
Tue, May 20
Cryptocurrencies
SEC Chair Slams Agency’s Previous ‘Head-In-The-Sand’ Crypto Regulation
In a significant address aimed at revitalizing the relationship between regulators and the cryptocurrency market, new US Securities and Exchange Commission (SEC) Chair Paul Atkins outlined his vision for a more constructive regulatory environment. Trust Deficit Between SEC And Crypto Industry Speaki...Bitcoinist
Tue, May 20
Other
Japan's bond yields jump after poor outcome of 20-year debt auction
By Kevin BucklandTOKYO, May 20 (Reuters) - Japanese government bond yields jumped on Tuesday as investors sold the securities after poor results at an auction of 20-year bonds spurred worries about demand for super-long debt.The 10-year JGB yield JP10YTN=JBTC vaulted 4.5 basis points (bps) to 1.525%...Reuters
Tue, May 20
Forex
EUR/USD Price Forecast: Tests descending channel’s upper boundary near 1.1250
EUR/USD remains steady after registering more than 0.50% gains in the previous session, trading around 1.1240 during the Asian hours on Tuesday. On the daily chart, technical analysis indicates a bearish bias is in play, as the pair continues to trade lower within a descending channel pattern.Fxstreet
Tue, May 20
Stocks
UK Stocks-Factors to watch on May 20
May 20 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Tuesday, with futures FFIc1 up 0.48%.* CHESNARA: Britain's Chesnara CSN.L is exploring a potential acquisition of HSBC Holdings' HSBA.L life insurance business in the UK, Bloomberg News reported on Monday, citing...Reuters
Tue, May 20
Stocks
GLOBAL MARKETS-Asian stocks inch higher, Aussie dips as RBA cuts rates
Investors shrug off Moody's US credit downgrade Dollar drifts as selloff in Treasuries easeRBA cuts rates as expected, Aussie down 0.5% CATL debuts in Hong Kong in world's biggest listing this yearBy Ankur Banerjee and Johann M Cherian SINGAPORE, May 20 (Reuters) - Asian stocks rose on Tu...Reuters
Tue, May 20
