News
Important Only
Economic Indicator
TREASURIES-US yields drift higher after stronger-than-expected services sector data
US ISM services sector index prices paid at 2-year highUS yield curve steepensUS Treasury to auction 3-year notes on MondayBy Gertrude Chavez-Dreyfuss NEW YORK, May 5 (Reuters) - U.S. Treasury yields edged higher on Monday, after data showed that the services sector in the world's largest eco...Reuters
Mon, May 5
Commodities
FACTBOX-Trump's tariffs and threatened trade actions
May 5 (Reuters) - President Donald Trump said on Sunday that his top priority was to secure a fair trade deal with China, after the fallout from his chaotic tariff policy shook consumer and business sentiment globally and led to a first-quarter U.S. economic contraction. Signs of a de-esc...Reuters
Mon, May 5
Cryptocurrencies
Solana To Outpace Dogecoin In Upcoming Altcoin Season, But This Surprise Crypto May Be The Top Gainer
In the last month, Dogecoin fell while the price of Solana went up by over 23%, trading near its crucial support of $145 despite market sentiment being dominated by bears. Dogecoin fell drastically, losing 25% and trading near $0.17 with volatility. Along the way, one new pay-token soared by 400% in presale, grabbing headlines with […]Cryptopolitan
Mon, May 5
Commodities
Democratic-led states sue to block Trump's halting of wind projects
BOSTON, May 5 (Reuters) - A coalition of Democratic state attorneys general sued on Monday over President Donald Trump's decision to suspend leasing and permitting of new wind projects, saying it threatens to cripple the wind industry and a key source of clean energy.Seventeen states and the Dis...Reuters
Mon, May 5
Stocks
U.S. STOCKS ON THE MOVE-Airline stocks, Wendy's, Skechers
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes fell on Monday after U.S. President Donald Trump rekindled worries about the fallout of a global trade war by introducing new tariffs, while focus remained on ...Reuters
Mon, May 5
Commodities
Commonwealth LNG signs 20-year supply deal with major Asian buyer
May 5 (Reuters) - Commonwealth LNG announced on Monday that it has signed a Sale and Purchase Agreement with a major Asian energy company.Under the 20-year agreement, the buyer will purchase 1 million tonnes per annum (mtpa) of liquefied natural gas (LNG) from Commonwealth's planned 9.5 mtpa fac...Reuters
Mon, May 5
Stocks
EMERGING MARKETS-LatAm assets mixed as markets eye rate decisions in Brazil, US this week
Latin American stocks and FX indexes near highs Brazil's central bank expected to deliver 50 bps rate hike on WednesdaySouth African rand hits five-week high after Eskom's positive power outlookTaiwan's dollar extends two-day historic runBy Medha Singh May 5 (Reuters) - Moves in Latin...Reuters
Mon, May 5
Commodities
Congo and Rwanda submit draft peace proposal, Trump adviser says
KINSHASA, May 5 (Reuters) - Congo and Rwanda have submitted a draft peace proposal as part of a process meant to end fighting in eastern Congo and attract billions of dollars of Western investment, U.S. President Donald Trump's senior adviser for Africa said on Monday.It is the latest step in an...Reuters
Mon, May 5
Other
TransRe finds 2025 and 2026 public D&O outlook 'unprofitable'
By Isha MaratheMay 2 - (The Insurer) - The U.S. public D&O market is not seeing upward momentum, with insurers currently "fighting for flat" but losing, the 2025 Insurance Market Update from TransRe found, as the reinsurer pushes for "immediate (and) significant price rises."Tra...Reuters
Mon, May 5
Other
Norway fund urged by union to divest from companies aiding Israel in occupied territories
Norway's fund is world's largest sovereign wealth fundHas been a focus for divestment campaignersOne company excluded, one more under considerationWatchdog's review has cleared most companiesBy Gwladys Fouche OSLO, May 5 (Reuters) - Norway's $1.8 trillion wealth fund should divest...Reuters
Mon, May 5
Stocks
Tesla drops as Spain car sales tumble
** Tesla TSLA.O stock dips 3.9% on Mon after new car sales in Spain tumbled 36% in April compared to yr-ago period** Over the first four months of 2025, sales of TSLA cars in Spain fell 17% over the same period a year earlier, while sales of electrified vehicles, a category that includes both fully ...Reuters
Mon, May 5
Cryptocurrencies
Ripple pledges $25M to support the American education system
Today marks the first day of the teachers’ appreciation week. Ripple has announced a $25 million commitment to education nonprofits DonorsChoose and Teach For America as a way of supporting teachers. This funding will equip US classrooms, support critical resources, and facilitate financial literacy initiatives. Brad Garlinghouse, CEO of Ripple, said, “Together, we hope to […]Cryptopolitan
Mon, May 5
Technical Analysis
EUR/USD Price Analysis: Euro holds firm near 1.1300 as bullish trend persists
The EUR/USD pair edged higher on Monday, trading around the 1.1300 zone following the European session. Price action stayed confined within the mid-range of the day’s movement, reflecting a steady grind higher rather than an impulsive breakout.
Fxstreet
Mon, May 5
Stocks
Zimmer Biomet lowers 2025 profit forecast amid tariff uncertainty, shares fall
By Kamal Choudhury May 5 (Reuters) - Zimmer Biomet Holdings ZBH.N on Monday lowered its 2025 adjusted profit forecast, and said it expects the proposed trade tariffs to weigh on the company's earnings this year.The Warsaw, Indiana-based company's shares fell 10% to $92 in morning trading...Reuters
Mon, May 5
Other
Aemetis Inc expected to post a loss of 42 cents a share - Earnings Preview
Aemetis Inc AMTX.OQ AMTX.O is expected to show a fall in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The Cupertino California-based company is expected to report a 18.8% decrease in revenue to $58.946 million from $72.63 million a year ago, according to th...Reuters
Mon, May 5
Stocks
Block downgraded as analyst sees potential for further consumer softness
Investing.com -- Macquarie downgraded Block Inc. to Neutral from Outperform on Monday, warning that continued weakness in consumer spending could weigh on growth in the near term. The downgrade followInvesting.com
Mon, May 5
Stocks
LIVE MARKETS-Services with wince: ISM and S&P Global services PMI
S&P 500, Nasdaq dip; Dow nominally higherEnergy off most among S&P sectors; industrials lead gainersEuro STOXX 600 index up ~0.2%Dollar down; bitcoin dips ~2%; crude off ~3%; gold up >2%US 10-Year Treasury yield rises to ~4.34%Welcome to the home for real-time coverage of markets brought ...Reuters
Mon, May 5
Cryptocurrencies
Avalanche Bounces Off Key Price Level: Top Indicator Flashes A Buy Signal
Avalanche (AVAX) is now testing a critical support zone at the $20 level after a strong 55% surge from local lows registered in early April. This level could determine the next phase of price action, as bulls aim to reclaim control and push prices into higher territory. Holding this support is essen...NewsBTC
Mon, May 5
Other
Fairfax president says California wildfires well within risk appetite as he highlights UW profits
By David BullMay 4 - (The Insurer) - Fairfax Financial president Peter Clarke said the $682 million California wildfire losses taken across the Canadian company’s insurance and reinsurance operations was “well within” its risk appetite, as he pointed to the almost $100 million underwriting profit ge...Reuters
Mon, May 5
Commodities
Saudi Arabia reports first-quarter budget deficit of $15.65 billion
May 5 (Reuters) - Saudi Arabia's budget deficit widened significantly to $15.65 billion in the first quarter of 2025 from $3.30 billion a year before as oil revenues fell 18% to 149.810 billion riyals ($39.95 billion), its finance ministry said on Monday. The world's top oil exporter and ...Reuters
Mon, May 5
