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Economic Indicator
USD/CAD advances to near 1.4000 following a 115% reciprocal reduction in US-China tariffs
USD/CAD continues its upward momentum for the fourth consecutive session, trading around 1.3980 during European hours on Monday. The US Dollar Index (DXY), which tracks the US Dollar (USD) against a basket of six major currencies, is also on the rise, hovering near 101.60 at the time of writing.
Fxstreet
Mon, May 12
Commodities
EUROPE GAS-Prices rise on US-China tariffs deal
May 12 (Reuters) - Dutch and British wholesale gas prices rose on Monday morning, buoyed by news of a deal between the U.S. and China to lower tariffs, brightening the wider economic outlook. The benchmark Dutch front-month contract TRNLTTFMc1 gained 1.17 euros to 35.87 euros per megawatt hour (M...Reuters
Mon, May 12
Stocks
Crude Oil Market Imbalance: Weak Q1 Results from “King of Oil” Aramco May Be Just the Beginning
TradingKey – Before U.S. President Donald Trump’s official visit to Saudi Arabia, Saudi Aramco — the kingdom’s cash cow and the world’s largest oil producer — released its first-quarter 2025 earnings report. Affected by persistently weak global oil prices, Saudi Aramco’s profits fell by 4.6%...
TradingKey
Mon, May 12
Cryptocurrencies
Can Dogecoin Realistically Reach $1? Analyst Sees Strong Setup
Dogecoin’s muted spring rally has reignited a perennial retail question: can the world’s best-known meme coin break the $1 barrier before the current market upswing exhausts itself? In a 13-minute market update published on Sunday, independent strategist Kevin—known online as Kev Capital TA—answered...NewsBTC
Mon, May 12
Stocks
Is It Too Late to Buy AppLovin Stock After Its Nearly 300% Rise Over the Past Year?
AppLovin (NASDAQ: APP) has come under a lot of scrutiny this year. It's been the target of not just one short-seller report but three. However, the bulls won the latest round when the company once again reported strong results in the first quarter, and the stock shot higher. It's up nearly 288% over...The Motley Fool
Mon, May 12
Stocks
India's LTIMindtree extends gains on $450 mln deal
** India's LTIMindtree LTIM.NS extends gains to trade 7.6% higher at 4,975.60 rupees ** India's No. 6 IT services exporter secures $450 mln multi-year deal, its largest-ever** Stock on track for fourth straight gaining session ** Co says deal with "global agribusiness leader" without...Reuters
Mon, May 12
Cryptocurrencies
Memecoins on the move: WIF, BOME, and FLOKI post double-digit gains as US-China agree on tariff reduction
Dogwifhat (WIF), Book of Meme (BOME), and FLOKI (FLOKI) extend their double-digit rallies on Monday, adding to last week’s surge. The rally is driven by growing risk-on sentiment in crypto markets after the US and China agreed to major tariff reductions.Fxstreet
Mon, May 12
Forex
Bank of England's Lombardelli says caution still needed over inflation risks
LONDON, May 12 (Reuters) - Bank of England Deputy Governor Clare Lombardelli said on Monday that there were signs that inflation pressures in Britain would continue to weaken but she was still cautious and was waiting for evidence of the slowdown. "Caution remains appropriate. I’ll be more ...Reuters
Mon, May 12
Stocks
LIVE MARKETS-US-China deal lifts miners, autos, luxury; drags defence
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.comUS-CHINA DEAL LIFTS MINERS, AUTOS, LUXURY; DRAGS DEFENCEPrice action in Europe on Monday was all about the U.S.-China deal to slash rec...Reuters
Mon, May 12
Stocks
Should You Buy This Beaten-Down Artificial Intelligence (AI) Stock on the Dip?
Artificial intelligence (AI) has taken over Wall Street. The leaders in this rapidly growing field are attracting significant attention. Many have produced outstanding returns over the past two years. Naturally, most investors want to cash in on this, but the biggest names in the industry tend to tr...The Motley Fool
Mon, May 12
Stocks
3 Things I'll Be Watching in Walmart's Upcoming Earnings Report (and 2 I'll Ignore)
We may be well into earnings season, but we haven't heard from every noteworthy name just yet. Mega-retailer Walmart (NYSE: WMT) is slated to report its fiscal first-quarter numbers on Thursday morning, offering a glimpse into consumers' current psyches and buying power.I'm not as interested in the ...The Motley Fool
Mon, May 12
Economic Indicator
Markets cut bets on ECB rate cuts on US-China talks, price in depo rate at 1.75% in December
Bund yields rise amid easing trade tensions and geopolitical developmentsECB board member Schnabel warns against further rate cuts due to inflation risksEconomist Schmieding predicts slow euro zone growth amid ongoing trade uncertaintiesBy Stefano Rebaudo May 12 (Reuters) - Euro area benchmark Bu...Reuters
Mon, May 12
Stocks
2 No-Brainer Dividend Stocks to Buy With $2,000 Right Now
Blue chip dividend stocks are usually considered stable long-term investments, but they lost their luster over the past few years as interest rates spiked. Rising rates made risk-free CDs and Treasury bills more appealing, while making it tougher for many companies to support their dividends with co...The Motley Fool
Mon, May 12
Forex
FOREX-Dollar jumps on Sino-US deal on trade
Dollar surges as US and China reach deal to slash tariffsUS inflation and retail sales data may impact Fed expectationsIndia-Pakistan ceasefire, looming Ukraine-Russia talks calm tensionsBy Medha Singh and Rocky Swift May 12 (Reuters) - The dollar surged on Monday as investors cheered a Sino-U.S....Reuters
Mon, May 12
Technical Analysis
US Dollar Index (DXY) surges past 101.00, hits one-month top on US-China trade deal optimism
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, catches aggressive bids at the start of a new week and rallies to over a one-month top, around the 101.35-101.40 region during the early European session.Fxstreet
Mon, May 12
Forex
INSTANT VIEW-US-China agree to cut tariffs, 90-day pause
LONDON/SHANGHAI, May 12 (Reuters) - Stocks and the dollar surged on Monday after the United States and China said they had agreed on a 90-day pause on tariffs and reciprocal duties would drop sharply, giving investors some confidence that a full-scale trade war may have been averted.U.S. Treasur...Reuters
Mon, May 12
Stocks
Indian IT stocks jump nearly 6% as global recession worries ease
** Indian IT stocks .NIFTYIT jump 5.8%, set for their best day since April 2020** Wall Street stock futures climb as signs of progress in U.S.-China trade talks boost hopes of averting global recession MKTS/GLOB** Indian software services exporters derive over a third of rev from the U.S., where Pre...Reuters
Mon, May 12
