News
Important Only
Forex
AUD/USD Price Forecast: Jumps to near 0.6450 on US downgrade
The AUD/USD pair gains sharply to near 0.6450 during European trading hours on Monday. The Aussie pair strengthens as the US Dollar (USD) underperforms after Moody’s downgraded the United States (US) Sovereign credit rating to Aa1 from Aaa in the wake of mounting debt levels.
Fxstreet
Mon, May 19
Forex
Sterling rises against weaker dollar as UK-EU agree trade reset
By Lucy Raitano (Reuters) May 19 - The pound rose against a weaker dollar and fell against the euro on Monday after Britain agreed a major trade and defence reset with the European Union, though FX market attention stayed on U.S. developments. Britain agreed the most significant reset of ties wit...Reuters
Mon, May 19
Stocks
Undervalued and Overlooked: 3 AI Stocks With Long-Term Upside
In recent years, stocks in the artificial intelligence (AI) field have become known for achieving sky-high valuations. Nvidia shot higher amid surprisingly strong demand for AI accelerators, and recently, Palantir's valuation has reached nosebleed levels as its software delivers notable productivity...The Motley Fool
Mon, May 19
Economic Indicator
USD/CNH: Expected to trade in a sideways range of 7.1990/7.2190 – UOB Group
US Dollar (USD) is expected to trade in a sideways range of 7.1990/7.2190. In the longer run, a breach of 7.2330 would indicate that the likelihood of USD declining to 7.1700 has faded, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Mon, May 19
Stocks
LIVE MARKETS-The dollar's fiscal frown
STOXX 600 down 0.6%Moody's cuts U.S. debt ratingWall St futures down over 1%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.com.THE DOLLAR'S FISCAL FROWN We've got used to a ...Reuters
Mon, May 19
Stocks
Oil firms fall as Moody's downgrades US credit rating, slow growth in China
** U.S.-listed shares of oil firms fall premarket, tracking falling oil prices O/R** Brent crude futures LCOc1 down 0.7% at $64.95/barrel, U.S. West Texas Intermediate crude CLc1 fall 0.4% to $62.23/barrel** Oil prices fell after Moody's downgraded the U.S. sovereign credit rating and official ...Reuters
Mon, May 19
Other
South Africa's Ramaphosa aims to mend US ties with Musk business push
Trump has singled out South Africa for criticismRamaphosa could propose Tesla tariff reductionsSouth African president will also discuss Starlink accessBy Nellie Peyton JOHANNESBURG, May 19 (Reuters) - South Africa's President Cyril Ramaphosa plans to discuss business opportunities for Elon M...Reuters
Mon, May 19
Stocks
Should You Buy Rivian Stock While It's Below $20?
Rivian Automotive (NASDAQ: RIVN) shares have traded sideways for years, even though there has been plenty of volatility along the way. Surprisingly, the company's sales have grown tremendously over that time. Two years ago, Rivian stock traded roughly where the stock trades today, and yet revenue ha...The Motley Fool
Mon, May 19
Other
Carrier Hosts 2025 Investor Day To Showcase Transformed Portfolio And Focused Strategy For Growth And Significant Value Creation
May 19 (Reuters) - Carrier Global Corp CARR.N:CARRIER HOSTS 2025 INVESTOR DAY TO SHOWCASE TRANSFORMED PORTFOLIO AND FOCUSED STRATEGY FOR GROWTH AND SIGNIFICANT VALUE CREATIONCARRIER GLOBAL MEDIUM-TERM OUTLOOK ABOUT 6-8% ORGANIC SALES GROWTH PER YEARCARRIER GLOBAL MEDIUM-TERM OUTLOOK MID-TEENS ADJUST...Reuters
Mon, May 19
Other
Euro zone yields rise with fiscal policy in focus after US downgrade
By Stefano Rebaudo May 19 (Reuters) - Euro zone government bond yields edged up on Monday, taking the lead from U.S. Treasuries as a Moody's downgrade of the U.S. credit rating underlined concerns about future fiscal policies.The rating agency move could complicate President Donald Trump'...Reuters
Mon, May 19
Other
Txnm Energy Enters Agreement To Be Acquired By Blackstone Infrastructure
May 19 (Reuters) - TXNM Energy Inc TXNM.N:TXNM ENERGY ENTERS AGREEMENT TO BE ACQUIRED BY BLACKSTONE INFRASTRUCTURETXNM ENERGY INC - BLACKSTONE INFRASTRUCTURE TO BUY TXNM ENERGY FOR $61.25 PER SHARETXNM ENERGY INC - ACQUISITION REFLECTS TOTAL ENTERPRISE VALUE OF $11.5 BILLIONTXNM ENERGY INC - PAT COL...Reuters
Mon, May 19
Other
Soccer-Europa League win amid woeful season could kick-start bright future for Man United
Man United put unbeaten Europa League record on the line against Spurs Victory in Bilbao would mean Champions League qualification, which Ratcliffe says is worth up to 100 million poundsA United win would ease the pressure on Amorim amid horrible league seasonBy Lori EwingMANCHESTER, England, May 19...Reuters
Mon, May 19
Other
IGT-Led Consortium Will Be Proposed To Be Awarded The Italy Lotto License Through November 2034
May 19 (Reuters) - International Game Technology PLC IGT.N:IGT-LED CONSORTIUM WILL BE PROPOSED TO BE AWARDED THE ITALY LOTTO LICENSE THROUGH NOVEMBER 2034INTERNATIONAL GAME TECHNOLOGY PLC - CONSORTIUM BID INCLUDES €2,230 MILLION UPFRONT LICENSE FEEINTERNATIONAL GAME TECHNOLOGY PLC - FIRST TWO INSTAL...Reuters
Mon, May 19
Other
Germany says its foreign minister spoke with Chinese counterpart about Ukraine
May 19 (Reuters) - German Foreign Minister Johann Wadephul has held a phone call with his Chinese counterpart to discuss issues including the impact of the war in Ukraine on the European peace order, a ministry spokesperson said on Monday.Reuters
Mon, May 19
Forex
USD/JPY: Major support at 144.50 is unlikely to come under threat – UOB Group
US Dollar (USD) could drop below 144.90 against Japanese Yen (JPY); the major support at 144.50 is unlikely to come under threat. In the longer run, USD remains in consolidation, but likely within a tighter range of 144.50/147.30, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Mon, May 19
Other
Aon names Maynard its aviation chief broking officer
By Michael JonesMay 19 - (The Insurer) - Aon has appointed Gallagher's Neil Maynard as its aviation chief broking officer for the Global Broking Center, the company said on Monday.London-based Maynard will lead the broking strategy for aviation clients. He will report to Alex Gibson, transportat...Reuters
Mon, May 19
Other
Ryanair could take delivery of aircraft in non-EU country to avoid tariffs
May 19 (Reuters) - Ryanair Holdings PLC Chief Executive Michael O'Leary, speaking to analysts after FY results RYA.I:HEARTENED THAT BOEING DELIVERED 45 AIRCRAFT IN APRIL ; NEW MANAGEMENT TEAM DOING A TERRIFIC JOB BA.N BOEING AIRCRAFT COMING OUT OF WICHITA IN TIMELY MANNER WITH LITTLE OR NO DEF...Reuters
Mon, May 19
Economic Indicator
China: April data show hit from trade war pre-Geneva – ABN AMRO
April data confirm hit from trade war escalation last month. Growth momentum expected to pick up again following Geneva truce, but uncertainty remains, ABN AMRO's economist Arjen van Dijkhuizen reports.Fxstreet
Mon, May 19
Other
IAG targets Western Australia growth with A$1.35 billion RAC WA acquisition
By Ryan HewlettMay 19 - (The Insurer) - IAG has agreed a A$1.35 billion ($870 million) deal to acquire the underwriting business of the Royal Automobile Club of Western Australia (RAC), as well as entering into a 20-year distribution agreement for RAC branded home, motor and niche insurance products...Reuters
Mon, May 19
