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An early preview of the Bank of England meeting – Commerzbank
Reports emerged yesterday morning that the Bank of England (BoE) may lower its inflation and growth forecasts at Thursday's meeting and remove the reference to 'gradual' interest rate cuts from its statement.
Fxstreet
Tue, May 6
Stocks
INSTANT VIEW-Merz fails to be elected chancellor by German parliament
LONDON, May 6 (Reuters) - German conservative leader Friedrich Merz failed to garner the parliamentary majority needed to become chancellor on Tuesday in an unexpected setback for his new coalition with the centre-left Social Democrats.German blue chip shares extended their fall slightly on the news...Reuters
Tue, May 6
Commodities
EU Commission to propose end-2027 ban on Russian gas imports, draft document shows
By Kate AbnettBRUSSELS, May 6 (Reuters) - The European Commission will next month propose to ban new Russian gas deals by the end of the year, and ban imports under existing contracts by end-2027, a draft European Commission document, seen by Reuters, showed.A draft of the European Commission's ...Reuters
Tue, May 6
Stocks
LIVE MARKETS-STOXX slips, Germany and earnings in focus
STOXX 600 down 0.5%Merz fails to be elected chancellor U.S. futures fallQ1 earnings continue 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.STOXX SLIPS, GERMANY AND EARNINGS IN FOCU...Reuters
Tue, May 6
Stocks
Alphabet, Meta Platforms, and Netflix Helped Propel This Vanguard ETF 9% Higher in 8 Days. Here's Why It's Still a Buy Now.
A better grasp of the current tariff situation and a generally strong earnings season have helped the market rally in recent weeks, with the major indexes all recovering significantly from losses earlier this year.Many of the exchange-traded funds (ETFs) that follow these indexes have recovered as w...The Motley Fool
Tue, May 6
Commodities
Weatherford returns to Libya offering full service at Jalu 59 oil field
May 6 (Reuters) - Libya's National Oil Corporation (NOC) said on Tuesday that U.S. energy services company Weatherford WFRD.O will return to operations in Libya.Weatherford halted works in Libya ten years ago but has confirmed its readiness to provide full field-work services at the Jalu 59 oil ...Reuters
Tue, May 6
Stocks
3 Cybersecurity Stocks You Can Buy and Hold for the Next Decade
Over the past few months, the Trump administration's tariffs on America's top trade partners has boosted uncertainty in the economy and in the markets, driving some investors to seek out tariff- and recession-resistant stocks to ride out the storm. Some popular safe havens these investors turned to ...The Motley Fool
Tue, May 6
Other
German parliament will not vote again on chancellor today, FAZ reports
BERLIN, May 6 (Reuters) - Germany's Bundestag lower house of parliament will not hold a second chancellor vote on Tuesday after conservative leader Friedrich Merz failed to win the majority needed, the Frankfurter Allgemeine newspaper reported.Reuters
Tue, May 6
Stocks
German shares fall, bond yields dip after Merz setback in parliament
MILAN, May 6 (Reuters) - German shares extended their fall on Tuesday from near record levels and bond yields dipped after conservative leader Friedrich Merz failed to garner the parliamentary majority needed to become chancellor in a first round of voting. "This is a significant negative,...Reuters
Tue, May 6
Stocks
INSTANT VIEW-Merz fails to be elected chancellor by German parliament
LONDON, May 6 (Reuters) - German conservative leader Friedrich Merz failed to garner the parliamentary majority needed to become chancellor on Tuesday in an unexpected setback for his new coalition with the centre-left Social Democrats.German blue chip shares extended their fall slightly on the news...Reuters
Tue, May 6
Commodities
EUROPE GAS-Prices gain to 1-week high on demand rise, Norway outage
May 6 (Reuters) - Dutch and British wholesale gas prices rose in early trading on Tuesday as cooler, less windy weather and outages in Norway tightened the short-term market, while the need to refill gas storages continues to provide wider price support.The benchmark Dutch front-month contract TRNLT...Reuters
Tue, May 6
Forex
Swiss National Bank ready to take rates below zero to tackle low inflation
By John Revill ZURICH, May 6 (Reuters) - The Swiss National Bank is ready to intervene in the foreign currency markets and cut interest rates even below zero to prevent inflation falling below its price stability target, Chairman Martin Schlegel said on Tuesday.Swiss inflation fell to 0% in April...Reuters
Tue, May 6
Stocks
Meet the Monster Stock that Continues to Crush the Market
Back in 2023, only 27% of the stocks in the S&P 500 outperformed the broader index. That ratio, which represented its lowest percentage in three decades, and only rose to 28% in 2024.Those low percentages support the idea that it's smarter to invest in an S&P 500 index fund than to try to time and b...The Motley Fool
Tue, May 6
Other
'Tremendous opportunity' for Everest in parametric reinsurance: CEO Williamson
By Henry GaleMay 6 - (The Insurer) - Everest's CEO Jim Williamson described parametric reinsurance as one of the specialty classes where the carrier sees "tremendous opportunity" to grow during its Q1 2025 earnings call on May 1.Discussing the areas of reinsurance Everest sees as most at...Reuters
Tue, May 6
Other
Allianz Trade appoints Jimenez as APAC CEO
May 6 - (The Insurer) - Rodrigo Jimenez, regional commercial director for northern Europe at credit insurer Allianz Trade, will become Asia Pacific regional CEO from October 1, 2025.Jimenez is set to begin a three-month transition period from July 1, 2025, and will take over from current APAC CEO Pa...Reuters
Tue, May 6
Stocks
2 Stocks I Can't Wait to Buy During the Next Market Correction
Investors never know when the next market correction -- a drop of from 10% to 20% in an index -- is coming, but we know that it will eventually happen. And because that's true, it makes sense to make a list of the stocks you'd like to buy if they dip during a correction.The next big market correctio...The Motley Fool
Tue, May 6
