News
Important Only
Commodities
RPT-COLUMN-Saudi Arabia can control oil supply. Demand could be its Achilles heel: Bousso
Saudi-led OPEC+ to sharply increase output by JuneRiyadh appears willing to enter price warBy By, Ron and Bousso LONDON, May 6 (Reuters) - Saudi Arabia has signalled it is willing to enter a painful price war to assert dominance over other oil producers, but worsening global economic conditions m...Reuters
Tue, May 6
Stocks
LIVE MARKETS-Dollar selling takes a breather
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.DOLLAR SELLING TAKES A BREATHERInvestors are easing off heavy selling of the U.S. dollar after the Taiwan dollar TWD=TP led a dizzying...Reuters
Tue, May 6
Commodities
Vestas Q1 Adj EBIT EUR 14 Mln, Above Estimates
May 6 (Reuters) - Vestas Wind Systems A/S VWS.CO:Q1 REVENUE EUR 3,500 MILLION VERSUS. ESTIMATE EUR 3,013 MILLIONQ1 ADJUSTED EBIT EUR 14 MILLION VERSUS LOSS EUR 29 MILLION SEEN IN COMPANY-COMPILED CONSENSUSQ1 ORDER INTAKE 3,135 MW VERSUS 3,157 MW SEEN IN COMPANY-COMPILED CONSENSUSFULL-YEAR GUIDANCE ...Reuters
Tue, May 6
Economic Indicator
Trump says with lower oil prices, Putin is more eager to settle the Ukraine war
Trump claims Russia, Ukraine want peace amid oil price dropPutin proposes ceasefire for WWII victory anniversaryTrump doubts Russia's involvement in Nord Stream attack MOSCOW, May 6 (Reuters) - U.S. President Donald Trump said Moscow and Kyiv want to settle the war in Ukraine and that Russian...Reuters
Tue, May 6
Other
American climber dies on world's fifth-highest peak in Nepal
By Gopal SharmaKATHMANDU, May 6 (Reuters) - An American mountaineer died on Mount Makalu in eastern Nepal during a climb to raise funds for a children's cancer programme, officials said on Tuesday, the second death in the Himalayan nation's climbing season that began in March.The world's...Reuters
Tue, May 6
Other
Trump says pharma tariffs to come in 2 weeks, signs order to boost domestic output
Investing.com-- U.S. President Donald Trump on Monday signed an executive order aimed at boosting domestic pharmaceutical production, and warned that he will impose import tariffs on the sector in the next two weeks.Investing.com
Tue, May 6
Other
International Petroleum Says SEES FY 2025 Average Net Production Guidance Range Forecast Maintained At 43,000 To 45,000 BOEPD
May 6 (Reuters) - International Petroleum Corp IPCO.TO:AVERAGE NET PRODUCTION OF APPROXIMATELY 44,400 BOEPD FOR Q1 OF 2025SEES FY 2025 AVERAGE NET PRODUCTION GUIDANCE RANGE FORECAST MAINTAINED AT 43,000 TO 45,000 BOEPDFULL YEAR 2025 OPERATING COSTS GUIDANCE RANGE FORECAST MAINTAINED AT USD 18 TO 19 ...Reuters
Tue, May 6
Commodities
CORRECTED-TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, May 6 (Reuters) - Contract Target Support/resistanceBrent oil $62.10sup $60.92/$60Palm oil (3rd month)3,765/3,739 ringgitres 3,836/3,875 ringgitWTI* $59.04sup $57.68/$56.83Spot gold$3,209/$3,175res $3,265/$3,300LME copper (3rd month)*$9,318/$9,218res $...Reuters
Tue, May 6
Technical Analysis
USD/CHF holds above 0.8200; upside seems limited as focus remains on FOMC meeting
The USD/CHF pair struggles to capitalize on a modest Asian session uptick and is currently placed near the lower boundary of its daily range amid subdued US Dollar (USD) price action.
Fxstreet
Tue, May 6
Cryptocurrencies
Strategy Expands Bitcoin Investments With Latest Purchase, Now Holding 555,450 BTC In Total
In a recent filing with the US Securities and Exchange Commission (SEC), Strategy (formerly Microstrategy), disclosed the purchase of an additional 6,556 Bitcoin (BTC) at an average price of $95,167 per coin between April 28 and May 4. This latest acquisition brings the company’s total Bitcoin...NewsBTC
Tue, May 6
Other
FSport Enters Into Agreement With Aftermath Interactive
May 6 (Reuters) - FSport AB FSPORT.ST:SAID ON MONDAY ENTERED INTO AGREEMENT WITH AFTERMATH INTERACTIVETO DIVEST TECHNOLOGY IN EXCHANGE FOR NEWLY ISSUED SHARESTO LEND SEK 1 MLN TO AFTERMATH FOR 1 YEAR AND AT MARKET TERMS, TO BE ABLE TO BEGIN ESTABLISHING ITSELF IN U.S. MARKETReuters
Tue, May 6
Other
Siav Subscribes Binding Deal For Unit Mitric Stake Disposal
May 6 (Reuters) - Siav SpA SIAV.MI:SAID ON MONDAY IT HAD SUBSCRIBED BINDING AGREEMENT FOR STAKE DISPOSAL HELD IN UNIT MITRICSTAKE AMOUNT IS EQUAL TO 51% OF MITRIC SHARE CAPITAL, IN FAVOUR OF ARCHIVA OWNED BY PROGRESSIO INVESTIMENTI IV FUNDReuters
Tue, May 6
Other
PostNL widens first-quarter operating losses
May 6 (Reuters) - Dutch postal operator PostNL's PTNL.AS first-quarter operating losses widened on Tuesday, hurt by a steep decline in mail volume and higher wage costs that undercut gains in parcel delivery and pressured profitability.The company posted an operating loss before interest and tax...Reuters
Tue, May 6
Stocks
French and Benelux stocks-Factors to watch
May 6 (Reuters) - Below are company-related news and stories from France and Benelux which could have an impact on the region's markets or individual stocks.Bollore BOLL.PA:Bollore said it will not challenge French market watchdog's decisions on buyout offers.Elis ELIS.PA:Elis posted first-q...Reuters
Tue, May 6
Stocks
GLOBAL MARKETS-Stocks drift, dollar steadies as focus turns to Asian currencies
Stocks meander ahead of Wednesday's Fed policy decision Investors await trade deals between US and partnersAsian FX in the spotlight after Taiwan dollar's surge By Ankur Banerjee SINGAPORE, May 6 (Reuters) - Global stocks were in a tight range on Tuesday and the dollar clawed back some of...Reuters
Tue, May 6
Other
Covestro cuts FY earnings guidance on trade tensions
May 6 (Reuters) - Germany's Covestro 1COV.DE narrowed on Tuesday the range of its full-year core profit guidance to 1 billion euros to 1.4 billion euros ($1.13 billion to $1.59 billion), citing trouble spots and new trade tension stemming from U.S. tariff policy.The chemicals maker, whose main p...Reuters
Tue, May 6
