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Commodities
BMW expects 'notable' impact from tariffs in Q2, CFO says
FRANKFURT, May 7 (Reuters) - BMW BMWG.DE expects auto import tariffs that came into effect in early March to have a "notable" impact on second-quarter results, its finance chief Walter Mertl said, even as the premium carmaker confirmed its 2025 outlook."The geopolitical and macroeconomic...Reuters
Wed, May 7
Other
Former US president Biden accuses Trump of appeasement of Russia
LONDON, May 7 (Reuters) - Former U.S. President Joe Biden said his successor Donald Trump's pressure on Ukraine to give up territory to Russia is a form of "modern-day appeasement" that will never satisfy Moscow. In an interview with the BBC broadcast on Wednesday, Biden said Russian Pre...Reuters
Wed, May 7
Other
Franklin Resources Q2 Adjusted EPS USD 0.47 Vs. IBES Estimate USD 0.473 (May 2)
May 7 (Reuters) - * Franklin Resources Q2 operating margin 6.9%.* Q2 operating income USD 145.6 million* Q2 EPS USD 0.26* Q2 adjusted operating income USD 377.2 million vs. IBES estimate USD 365.2 million* Q2 revenue USD 2,111.4 million vs. IBES estimate USD 1,595 million* Q2 net income USD 151.4 mi...Reuters
Wed, May 7
Other
CT Automotive Group Says Outlook For Business Becomes More Complex With Uncertainty By Tariffs
May 7 (Reuters) - CT Automotive Group PLC CTA.L:CT AUTOMOTIVE GROUP PLC: OUTLOOK FOR BUSINESS HAS BECOME MORE COMPLEX WITH UNCERTAINTY CAUSED BY TARIFFSCT AUTOMOTIVE : NEAR-SHORED A NUMBER OF PRODUCTION PROGRAMMES SUPPLYING US, WITH PRODUCTS MANUFACTURED IN CHINESE FACILITIES TRANSFERRING TO MEXICOC...Reuters
Wed, May 7
Other
Veolia to take full ownership of water management unit in $1.75 billion deal, gets $750 million in new contracts
By Dimitri Rhodes and Etienne BrebanMay 7 (Reuters) - French group Veolia VIE.PA said on Wednesday it will buy the 30% of shares in Water Technologies and Solutions (WT&S) that it does not already own from Quebec Deposit and Investment Fund (CDPQ) for $1.75 billion.The waste and water managemen...Reuters
Wed, May 7
Commodities
Orsted Q1 Adj. EBITDA DKK 8,567 Million, Above Estimates
May 7 (Reuters) - Oersted A/S ORSTED.CO:Q1 ADJUSTED. EBITDA DKK 8,567 MILLION VERSUS DKK 7,488 MILLION YEAR AGO (ESTIMATE DKK 8,085MILLION)Q1 FCF NEGATIVE DKK 10,178 MILLION VERSUS NEGATIVE DKK 4,752 MILLION YEAR AGOIN OUR US OFFSHORE PORTFOLIO, CONSTRUCTION OF OUR NORTHEAST PROGRAMME IS PROGRESSING...Reuters
Wed, May 7
Cryptocurrencies
DogeOS ระดมทุน $6.9 ล้านเตรียมเปิดตัว Dogecoin App Layer
ตามรายงานจาก CoinStats — DogeOS โครงการแพลตฟอร์มแอปพลิเคชันของระบบนิเวศ Dogecoin ประกาศความสำเร็จในการระดมทุนมูลค่ารวม 6.9 ล้านดอลลาร์ การระดมทุนครั้งนี้นำโดย Polychain Capital โดยมีวัตถุประสงค์เพื่อสนับสนุนการพัฒนาและเพิ่มขีดความสามารถในการทำงานร่วมกันของ DogeOS ภายในเครือข่าย Dogecoin DogeOS มีเป้...Bitcoinist
Wed, May 7
Other
Card Factory Reports FY Revenue of £542.5 Mln
May 7 (Reuters) - Card Factory PLC CARDC.L:CARD FACTORY: FY25 ADJUSTED PROFIT BEFORE TAX( £66.0MCARD FACTORY: EXPECTATIONS FOR FY26 OF MID-TO-HIGH SINGLE-DIGIT PERCENTAGE INCREASES IN ADJUSTED PBT REMAIN UNCHANGEDCARD FACTORY: DO NOT EXPECT THERE TO BE A MATERIAL IMPACT FROM TARIFFS ON GROUP'S ...Reuters
Wed, May 7
Other
Russia says it is deeply concerned by India-Pakistan confrontation, calls for restraint
MOSCOW, May 7 (Reuters) - Russia's foreign ministry said on Wednesday that it was deeply concerned about the deepening military confrontation between India and Pakistan, and that it called for both countries to show restraint.Russia, which has warm relations with both India and Pakistan, said it...Reuters
Wed, May 7
Other
Siemens Healthineers CFO Says Negative Net Effect Of Tariffs Expected Between EUR 200 Mln And EUR 300 Mln Euros Before Taxes On EBIT
May 7 (Reuters) - SIEMENS HEALTHINEERS AG SHLG.DE:SIEMENS HEALTHINEERS IN PRESS CALL - WOULD HAVE TALKED ABOUT THE TOP BANDWIDTHS FOR SALES AND EPS TODAY WITHOUT U.S. TARIFFSSIEMENS HEALTHINEERS EXECS IN CALL - TARIFFS SITUATION STILL VERY VOLATILE, PREMATURE TO MAKE STRATEGIC DECISIONS ON PRODUCTI...Reuters
Wed, May 7
Other
Pakistan dollar bonds fall around 1 cent after India strikes over tourist killings
LONDON, May 7 (Reuters) - Pakistan's international bonds slipped around 1 cent after India attacked Pakistan and Pakistani Kashmir on Wednesday in response to tourist killings in April, sparking the worst fighting in more than two decades between the nuclear-armed enemies.The 2036 bond slipped ...Reuters
Wed, May 7
Other
Scor beats consensus with 85% combined ratio
By Scott VincentMay 7 - (The Insurer) - Scor improved its combined ratio to 85% during the first quarter of 2025 despite natural catastrophe losses coming in above budget for the period.In its quarterly results announcement on Wednesday, Scor said its natural catastrophe claims ratio stood at 12.5% ...Reuters
Wed, May 7
Technical Analysis
Ripple Price Forecast: XRP bullish comeback in focus ahead of US-China trade talks
Ripple (XRP) price is mum, holding firmly to support at $2.10, as consolidation extends on Wednesday, ahead of the Federal Reserve's (Fed) decision on interest rates and trade talks between the United States and China.
Fxstreet
Wed, May 7
Forex
FOREX-Dollar languishes before Fed meeting, Asian currencies calmer
By Rocky Swift TOKYO, May 7 (Reuters) - The dollar was largely flat on Wednesday before a Federal Reserve meeting to determine policy for an uncertain economy and as major investors in Asia continued cashing out of U.S. assets.News that the United States and China are due to talk on Saturday ease...Reuters
Wed, May 7
Commodities
TECHNICALS-CBOT soybeans may climb to $10.61-1/2
For more technical analyses, please click SINGAPORE, May 7 (Reuters) - The CBOT soybean July contract SN25 may climb to $10.61-1/2 per bushel, as suggested by a retracement analysis.The contract has more or less broken resistance at $10.55-1/2. A retracement analysis on the uptrend from $9.85-3/4 r...Reuters
Wed, May 7
Economic Indicator
German industrial orders rise 3.6% in March
May 7 (Reuters) - German industrial orders increased in March by 3.6% on the previous month on a seasonally and calendar adjusted basis, the federal statistics office said on Wednesday.A Reuters poll of analysts had pointed to a rise of 1.3%. The statistics office publishes more economic data on its...Reuters
Wed, May 7
Economic Indicator
German Factory Orders jump 3.6% MoM in March vs. 1.3% expected
The official data published by the Federal Statistics Office showed Friday that Germany's Factory Orders jumped more than expected in March, suggesting that the country’s manufacturing sector has picked up momentum.Fxstreet
Wed, May 7
