News
Important Only
Technical Analysis
AUD/USD retreats as traders eye Powell and US-China trade talks
The Australian Dollar (AUD) is trading lower on Wednesday after failing to break above a key resistance level, with markets turning cautious ahead of expected commentary from United States (US) Federal Reserve (Fed) Chair Jerome Powell and high-level trade talks between the US and China.
Fxstreet
Wed, May 7
Other
German interior minister: Border instructions for asylum seekers being withdrawn
FRANKFURT, May 7 (Reuters) - German Interior Minister Alexander Dobrindt said on Wednesday previous instructions that asylum seekers coming to Germany will not be rejected at its borders are being withdrawn.Reuters
Wed, May 7
Economic Indicator
Mexico central bank expects further rate cuts, governor says
By Emily Green May 7 (Reuters) - Mexican central bank governor Victoria Rodriguez expects further cuts to the benchmark interest rate if inflation holds steady as expected, she told Reuters."We foresee that the inflationary environment will allow us to continue with the cycle of cuts to the r...Reuters
Wed, May 7
Cryptocurrencies
EU to place huge tariffs on Boeing jets as retaliation for Trump
The European Union is preparing to slap heavy trade penalties on Boeing aircraft as part of a broader retaliation strategy if current talks with Donald Trump’s White House fail. Brussels will propose new duties targeting American civilian jets and other major exports, escalating a tariff war that’s already frozen key trade routes. The planned tariffs […]Cryptopolitan
Wed, May 7
Other
Airbus deliveries fell 8% in April
PARIS, May 7 (Reuters) - Airbus AIR.PA said on Wednesday it delivered 56 aircraft in April, down 8% from the same month of last year.The tally brings deliveries so far this year to 192 aircraft, down 5% from the same point in 2024.The European planemaker last week reaffirmed a target of 820 commerci...Reuters
Wed, May 7
Stocks
Investors at Milken eye foreign shores as tariffs cloud US outlook
Investor allocations to Europe seen increasingEnthusiasm over progress on tariffs may be prematureQuestions over US fiscal outlook add to worriesBy Davide Barbuscia and Svea Herbst-Bayliss BEVERLY HILLS, California, May 7 (Reuters) - Market uncertainty caused by U.S. President Donald Trump's ...Reuters
Wed, May 7
Other
Microsoft wins FTC appeal challenging $69 bln Activision Blizzard deal
By Mike ScarcellaMay 7 (Reuters) - A federal appeals court on Wednesday rejected a legal challenge by the U.S. Federal Trade Commission to Microsoft's MSFT.O $69 billion purchase of “Call of Duty” maker Activision Blizzard.The San Francisco-based 9th U.S. Circuit Court of Appeals upheld a lower ...Reuters
Wed, May 7
Other
Indus Holding AG Indus Reduces Forecast For Sales, Adjusted EBITA And Adjusted EBITA Margin For 2025
May 7 (Reuters) - INDUS HOLDING AG INHG.DE:REDUCES FORECAST FOR SALES, ADJUSTED EBITA AND ADJUSTED EBITA MARGIN FOR THE 2025 FINANCIAL YEARNOW EXPECTS CONSOLIDATED SALES OF EUR 1.70 BILLION TO EUR 1.85 BILLION (PREVIOUSLY: EUR 1.75 BILLION TO EUR 1.85 BILLION)NOW EXPECTS ADJUSTED EBITA OF BETWEEN EU...Reuters
Wed, May 7
Other
Denmark plans to call in US ambassador over Greenland spying report
OSLO, May 7 (Reuters) - Danish Foreign Minister Lars Lokke Rasmussen said on Wednesday he would call in the acting U.S. ambassador to Denmark after the Wall Street Journal reported the Trump administration ordered U.S. intelligence agencies to step up spying on Greenland.Reuters
Wed, May 7
Commodities
Barrick CEO says he does not know where Mali is keeping miner's confiscated gold
CEO calls Mali's jailing of Barrick employees a human rights abuseBarrick's Mali mine shutdown follows gold confiscation worth $318 millionBarrick's Loulo-Gounkoto output excluded from 2025 production forecastBy Divya Rajagopal and Arunima Kumar May 7 (Reuters) - Barrick MiningReuters
Wed, May 7
Stocks
US STOCKS-Wall St mixed ahead of Fed decision; Alphabet's losses drag on Nasdaq
Indexes: Dow up 0.53%, S&P 500 flat, Nasdaq down 0.38%Fed's monetary policy announcement due at 2 pm ETUber falls after Q1 revenue misses estimatesDisney shines as earnings top expectationsCharles River up after settlement with activist investor ElliottBy Purvi Agarwal and Johann M Cherian ...Reuters
Wed, May 7
Stocks
LIVE MARKETS-Have markets been too quick to price out a June rate cut?
Dow up, S&P 500 edges green, Nasdaq slips ahead of FOMC resultFinancials lead S&P 500 sector gainers; Comm Svcs off mostEuro STOXX 600 index down ~0.5%Dollar edges up; gold, crude both off >1%; bitcoin up >2%US 10-Year Treasury yield edges down to ~4.29%Welcome to the home for real-tim...Reuters
Wed, May 7
Other
Google identifies new malware linked to Russia-based hacking group
May 7 (Reuters) - Alphabet's Google GOOGL.O said on Wednesday it has identified new malware called "LOSTKEYS" tied to the Russian-based hacking group Cold River, which is capable of stealing files and sending system information to attackers.The malware "marks a new development in the...Reuters
Wed, May 7
Cryptocurrencies
Bitcoin Over Buildings: Billionaire Investor Shuns Real Estate As ‘Bad Investment’
One of Mexico’s wealthiest entrepreneurs has made a dramatic social media claim that Bitcoin is a better investment than property. Ricardo Salinas Pliego, worth nearly $6 billion, expressed the view on his X (formerly Twitter) page this week. He described purchasing a home as an “expense...Bitcoinist
Wed, May 7
Commodities
Uruguay's Ancap to launch natural hydrogen bidding round by year-end, executives say
May 7 (Reuters) - Uruguay's state-run energy firm Ancap plans to launch a bidding round for natural hydrogen exploration and development by the end of the year, with offers expected in 2026, executives said on Wednesday.Ancap is also exploring a bidding round for carbon capture investment, to be...Reuters
Wed, May 7
Cryptocurrencies
Bitcoin Poised To Retest All-Time High If This Level Holds, Says Bitfinex
Bitcoin’s resurgence in April has positioned it for a potential breakout toward its all-time high—provided one key technical level continues to hold. That’s the core takeaway from the latest Bitfinex Alpha report, which offers a data-rich breakdown of BTC’s recent market dynamics and the underlying ...NewsBTC
Wed, May 7
Cryptocurrencies
Smart Money Is Buying Solana (SOL), Shiba Inu (SHIB), and Mutuum Finance (MUTM)
In the crypto market investors prefer Solana (SOL) and Shiba Inu (SHIB) and Mutuum Finance (MUTM) because they seek promising assets where capital flows from smart money investors. The chance of regulatory acceptance for Solana ETF in 2025 drives its price towards reaching $200. The Shiba Inu token surpasses previous resistance zones and expert analysts […]Cryptopolitan
Wed, May 7
Other
Apple looks to add AI search to company's browser, Bloomberg reports
May 7 (Reuters) - Apple AAPL.O is "actively looking" to reshape the Safari web browser to focus on AI-powered search engines, Bloomberg News reported on Wednesday, citing an Apple executive's disclosures in the U.S. Justice Department's lawsuit against Alphabet.Apple shares fell 2% f...Reuters
Wed, May 7
Other
Charles River raises 2025 profit forecast, reaches deal with activist investor
By Siddhi Mahatole and Sriparna Roy May 7 (Reuters) - Charles River Laboratories CRL.N shares jumped 15% on Wednesday after the company raised its annual profit forecast due to improving demand for contract drug research services. Separately, the Massachusetts-based company also said that it...Reuters
Wed, May 7
