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Economic Indicator
WRAPUP 3-Chinese holiday spending inches up but trade war weighs on services
China's May day spending still off pre-COVID levelsChina's Caixin services PMI fell to 50.7 from 51.9 in MarchTourism ministry records 314 million domestic trips Business sentiment in the services sector grew at the slowest pace since February 2020Companies cite U.S. tariffs as a major conce...Reuters
Tue, May 6
Commodities
AngloGold Ashanti, Gold Fields halt Ghana JV talks
May 6 (Reuters) - AngloGold Ashanti AU.N, ANGJ.J and Gold Fields GFIJ.J have agreed to pause talks to merge their neighbouring Tarkwa and Iduapriem mines in Ghana, the companies said on Tuesday, two years after announcing the plan.The plan to combine the two mines, which would have created Africa...Reuters
Tue, May 6
Stocks
UK Stocks-Factors to watch on May 6
May 6 (Reuters) - Britain's FTSE 100 .FTSE index is seen higher on Tuesday, with futures FFIc1 up 0.22%.* DELIVEROO: DoorDash DASH.O will buy British meal delivery firm Deliveroo ROO.L for 2.9 billion pounds ($3.85 billion), the companies said, as a part of the U.S. online delivery platform'...Reuters
Tue, May 6
Stocks
Recursion Pharmaceuticals Inc reports results for the quarter ended March 31 - Earnings Summary
Recursion Pharmaceuticals Inc RXRX.OQ reported a quarterly adjusted loss of 50 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -39 cents. The mean expectation of five analysts for the quarter was for a loss of 52 cents per sh...Reuters
Tue, May 6
Forex
Argentex secures fresh credit facility and revamps board as trading resumes
LONDON, May 6 (Reuters) - Argentex Group AGFX.L will resume trading on London's AIM on Tuesday after securing an initial six month 20 million pounds ($26.57 million) revolving credit facility with IFX Payments, the UK currency risk manager said in a statement.Argentex's shares have been susp...Reuters
Tue, May 6
Forex
China's yuan jumps to 1-1/2-month high as carry trades unwind
SHANGHAI, May 6 (Reuters) - China's yuan advanced to a 1-1/2-month high against the dollar on Tuesday, underpinned by an unwinding of carry trades and a broader rush out of U.S. assets into Asia.The onshore yuan CNY=CFXS rose to a high of 7.2203 per dollar at one point, its strongest level since...
Reuters
Tue, May 6
Commodities
Palladium price: Rare metals advance at the start of the European session
Platinum Group Metals (PGMs) trade with a positive tone at the beginning of Tuesday, according to FXStreet data. Palladium (XPD) changes hands at $949.65 a troy ounce, with the XPD/USD pair advancing from its previous close at $947.60.Fxstreet
Tue, May 6
Cryptocurrencies
TRON Accumulation Phase Detected—Major Price Surge Coming
Despite ongoing consolidation across the broader crypto market, Tron (TRX) has managed to maintain a steady upward trajectory. The token has recorded a 2.6% increase over the past two weeks and is currently trading at $0.2495, reflecting a 0.7% uptick in the last 24 hours. This relative strength com...NewsBTC
Tue, May 6
Stocks
LIVE MARKETS-Europe before the bell: futures mixed
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.EUROPE BEFORE THE BELL: FUTURES MIXEDEuropean futures are a mixed bag on Tuesday as traders assess a murky trade outlook while sifting...Reuters
Tue, May 6
Stocks
Cummins India slides after parent firm withdraws 2025 financial forecast
** Shares of Cummins India CUMM.NS fall as much as 7.8% to 2,711 rupees, last down 5.2% ** U.S.-based truck engine maker, Cummins CMI.N, parent firm of CUMM, withdrew its annual forecast on Monday on growing uncertainty generated by U.S. President Donald Trump's import tariffs ** CMI said its in...Reuters
Tue, May 6
Other
Victoria Confirms FY25 Revenue At Least £1.11bn
May 6 (Reuters) - Victoria PLC VCP.L:VICTORIA PLC - FY2025 TRADING UPDATEVICTORIA PLC - CONFIRMS FY2025 REVENUE AT LEAST £1.11BNVICTORIA - FY EBITDA MARGINS IN LINE WITH MARKET EXPECTATIONSVICTORIA : ABOUT 80% OF GROUP'S ACTIVITIES ARE IN NON-US MARKETS, SO ANY DIRECT IMPACT OF TARIFF IS LIMIT...Reuters
Tue, May 6
Stocks
Artesian Resources Corp reports results for the quarter ended March 31 - Earnings Summary
Artesian Resources Corp ARTNA.OQ reported quarterly adjusted earnings of 53 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 43 cents. The lone analyst forecast for the quarter was for earnings of 35 cents per share. Revenue ...Reuters
Tue, May 6
Other
South Korea's ex-PM Han vows to team up with conservative election candidate
South Korea to hold snap election on June 3Liberal candidate Lee Jae-myung leads polls with nearly 50% supportPressure on Han Duck-soo and conservative candidate Kim Moon-soo to join forcesHan says he is best placed to resolve U.S.-South Korea trade issues SEOUL, May 6 (Reuters) - South Korea'...Reuters
Tue, May 6
Other
Anglogold Ashanti And Gold Fields Agree To Pause Proposed Ghana JV Discussions
May 6 (Reuters) - Anglogold Ashanti Plc AU.N:ANGLOGOLD ASHANTI AND GOLD FIELDS AGREE TO PAUSE PROPOSED GHANA JV DISCUSSIONSCOMPANIES HAVE DECIDED TO PAUSE DISCUSSIONS AROUND JOINT VENTURECOMPANIES TO FOCUS ON STANDALONE PERFORMANCE AT RESPECTIVE SITESFurther company coverage: AU.NReuters
Tue, May 6
Stocks
Midland States Bancorp Inc reports results for the quarter ended March 31 - Earnings Summary
Midland States Bancorp Inc MSBI.OQ reported quarterly adjusted earnings of 57 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 53 cents. The mean expectation of five analysts for the quarter was for earnings of 55 cents per s...Reuters
Tue, May 6
Other
Alpha Group International Rejects Corpay Proposal
May 6 (Reuters) - Alpha Group International PLC ALPH.L:ALPHA GROUP INTL PLC - STATEMENT RE POSSIBLE OFFER BY CORPAY, INC.ALPHA GROUP INTERNATIONAL PLC - RECEIVES PRELIMINARY ALL-CASH PROPOSAL FROM CORPAYALPHA GROUP INTERNATIONAL PLC - BOARD UNANIMOUSLY REJECTS CORPAY PROPOSALALPHA GROUP INTERNATION...Reuters
Tue, May 6
Other
UK's Alpha Group rejects all-cash proposal from Corpay
May 6 (Reuters) - British financial services provider Alpha Group International ALPH.L on Tuesday said it had rejected an all-cash proposal from U.S.-based business payments firm Corpay CPAY.N.Corpay, which offers tools that allow businesses to make payments to vendors, had expressed its interest in...Reuters
Tue, May 6
