News
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Stocks
Warren Buffett's $174 Billion Warning to Wall Street Grows Louder -- and Not Even an S&P 500 Correction Has Quieted It
It's been an eventful week for Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett. On Saturday, May 3, the company held its annual shareholder meeting in Omaha, NE, which typically draws in the neighborhood of 40,000 attendees. It's quite the leap from Berkshire's early days, where its...The Motley Fool
Wed, May 7
Economic Indicator
EUR/INR today: Indian Rupee cross rates mixed at the start of the European session
Indian Rupee (INR) crosses trade mixed at the start of Wednesday, according to FXStreet data. The Euro (EUR) to the Indian Rupee changes hands at 96.27, with the EUR/INR pair rising from its previous close at 95.85.Fxstreet
Wed, May 7
Stocks
PRECIOUS-Gold slips on US-China trade talk hopes; Fed policy on tap
Chinese, U.S. officials to hold ice-breaker meeting in GenevaFed interest rate decision due later in the dayIndia strikes Pakistan over tourist killings; Pakistan says Indian jets downedBy Anushree Mukherjee May 7 (Reuters) - Gold prices dropped on Wednesday as optimism surrounding U.S.-China tra...Reuters
Wed, May 7
Stocks
Japan's Nikkei snaps 7-day winning streak as US tariff worries weigh
By Kevin Buckland TOKYO, May 7 (Reuters) - Japan's Nikkei share average edged lower on Wednesday, snapping a seven-session winning streak by the tiniest of margins, as pharmaceutical shares sank after U.S. President Donald Trump said he would reveal tariffs on drugs over the next two weeks.Au...Reuters
Wed, May 7
Cryptocurrencies
Bitcoin Miners Expanding Again As Difficulty Relief Kicks In
On-chain data shows the Bitcoin Hashrate is on the way up again as the Difficulty has gone through a negative adjustment. Bitcoin Miners Seem To Be Back In Expansion Mode On Saturday, May 3rd, the Bitcoin network went through its latest Difficulty adjustment and eased things up for the miners, break...Bitcoinist
Wed, May 7
Cryptocurrencies
Injective (INJ) Gearing Up For $10 Level Retest – Is A Bullish Reversal Ahead?
Injective (INJ) could be preparing for another retest of the $10 resistance as its price attempts to confirm a key support level. Some analysts suggest that the cryptocurrency could be preparing for a breakout and a massive bullish reversal. Related Reading: SUI Breakout To $4 Imminent? Analyst Says...NewsBTC
Wed, May 7
Stocks
BREAKINGVIEWS-China’s wait-and-see approach exposes policy limit
By Ka Sing Chan HONG KONG, May 7 (Reuters Breakingviews) - China is biding its time ahead of planned trade talks with the United States. On Wednesday, the country's top three regulators announced a raft of new measures but held off on major spending. The reluctance partly stems from the gover...Reuters
Wed, May 7
Stocks
South African rand flat with global focus on US rate decision
JOHANNESBURG, May 7 (Reuters) - The South African rand was little changed in early trade on Wednesday, as global investors focused on an interest rate decision by the U.S. Federal Reserve later in the day.At 0650 GMT, the rand traded at 18.22 against the dollar ZAR=D3 compared with Tuesday's clo...Reuters
Wed, May 7
Other
Euro zone bond yields stable ahead of Fed policy meeting
May 7 (Reuters) - Euro zone government bond yields were steady on Wednesday, with focus fixed on a U.S. Federal Reserve rate decision later in the day and a Bank of England meeting on Thursday.In early trade, Germany's 10-year bond yield, the euro area's benchmark, was up just 1 basis points at...
Reuters
Wed, May 7
Other
SNAPSHOT-What has happened in India and Pakistan as they fight over Kashmir killings
NEW DELHI, May 7 (Reuters) - India launched strikes on Pakistan and Pakistani Kashmir on Wednesday, an assault its neighbour called a "blatant act of war" as tension spirals between the nuclear-armed rivals after a deadly attack on tourists in Indian Kashmir. WHAT IS OPERATION SINDOOR?India ...Reuters
Wed, May 7
Commodities
New carbon credit scheme targets 60 plants by 2030 for coal phaseout
Formal guidelines issued for use of carbon finance to shut coal-fired power Plan could mobilise $110 billion in finance, Rockefeller Foundation says SLTEC plant in Philippines first in line to adopt carbon credit scheme By David StanwaySINGAPORE, May 7 (Reuters) - The Rockefeller Foundation aims to ...Reuters
Wed, May 7
Commodities
Palladium price today: Rare metals down at the start of the European session
Platinum Group Metals (PGMs) trade with a negative tone at the beginning of Wednesday, according to FXStreet data. Palladium (XPD) changes hands at $973.20 a troy ounce, with the XPD/USD pair easing from its previous close at $978.15.Fxstreet
Wed, May 7
