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Trump confirms he offered to send US troops to Mexico to help with cartels
ABOARD AIR FORCE ONE, May 4 (Reuters) - U.S. President Donald Trump on Sunday confirmed he had offered to send U.S. troops to Mexico to help Mexican President Claudia Sheinbaum combat drug trafficking, an offer Sheinbaum disclosed on Saturday and said she had refused.Trump, speaking to reporters abo...Reuters
Mon, May 5
Forex
EUR/USD edges lower to near 1.1300, traders await US ISM Services PMI
EUR/USD is kicking off the week on a weaker note, trading near 1.1320 during the Asian session on Monday. US President Donald Trump confirmed he would not seek to remove Federal Reserve (Fed) Chair Jerome Powell before his term ends in May 2026.
Fxstreet
Mon, May 5
Commodities
COLUMN-OPEC+'s 'healthy' crude oil market looks like catching a cold: Russell
By Clyde Russell LAUNCESTON, Australia, May 5 (Reuters) - If there is one thing that is almost certain in the current global crude oil market, it's that the stated reasons for the OPEC+ group of exporters increasing supply are not the real reasons.The eight OPEC+ countries that are party to v...Reuters
Mon, May 5
Commodities
Gold Price Forecast: XAU/USD edges higher to near $3,250 as trade questions linger
The Gold price (XAU/USD) trades in positive territory near $3,245 during the early Asian session on Monday. The renewed concerns over the US recession and US-China trade relations provide some support to safe-haven assets like Gold.
Fxstreet
Mon, May 5
Stocks
FOREX.com lands in Singapore, reflecting a new era in retail and self-directed CFD trading
SINGAPORE, May 5, 2025 /PRNewswire/ -- StoneX Group Inc. (NASDAQ: SNEX) ("StoneX") today announced the launch of FOREX.com in Singapore, providing retail and self-directed traders access to its award-winning CFD trading platform. FOREX.com is the trading name in Singapore for StoneX Financ...PR Newswire
Mon, May 5
Cryptocurrencies
Are Solana (SOL) and Ethereum (ETH) Still The Best Cryptos To Buy Now? Smart Money Is Heading To This Token With 65x Potential
Solana (SOL) and Ethereum (ETH) have long been the darlings of the crypto market, delivering impressive returns and revolutionizing blockchain technology. But as the market matures, smart money is starting to pivot towards a new performer, Mutuum Finance (MUTM). Currently priced at just $0.025, MUTM is catching the eye of savvy investors who are forecasting […]Cryptopolitan
Mon, May 5
Other
Motor racing-Piastri goes Griddy with success but vows it's a one-off
MIAMI, May 4 (Reuters) - Oscar Piastri enjoyed a dominant run to victory at the Miami Grand Prix on Sunday but the McLaren driver could not claim an entirely flawless afternoon.After getting out of the car, the 24-year-old Australian tried to perform the first ever Formula One version of the "Gr...Reuters
Mon, May 5
Other
Tech site 404 Media says Signal-like app used by Trump adviser was hacked
WASHINGTON, May 4 (Reuters) - The unofficial version of Signal used by Donald Trump's former National Security Adviser Mike Waltz has been hacked, tech site 404 Media said Sunday, raising further concern over the security of the communications exchanged at the highest levels of the U.S. governme...Reuters
Mon, May 5
Technical Analysis
GBP/USD consolidates above mid-1.3200s as traders move to the sidelines ahead of BoE this week
The GBP/USD pair kicks off the new week on a subdued note and oscillates in a narrow trading band around the 1.3260-1.3265 area, near a one-week low touched during the Asian session.
Fxstreet
Mon, May 5
Other
Trump says he has had good discussions on Russia and Ukraine
WASHINGTON, May 4 (Reuters) - U.S. President Donald Trump said on Sunday he and his advisers have had some good discussions about Russia and Ukraine in recent days, without elaborating.Speaking to reporters as he returned to the White House after a weekend in Florida, Trump was asked whether he plan...Reuters
Mon, May 5
Commodities
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, May 5 (Reuters) - Contract Target Support/Resistance Brent oil $60.02/$60.81sup $58.74/$58.24/$57.45Palm oil (3rd month)3,904/3,951 ringgitsup 3,828/3,804/3,765 ringgitWTI* $56.81/57.65sup $55.45/54.61/$54.09Spot gold$3,209/$3,175res $3,265/$3,30...Reuters
Mon, May 5
Other
Trump says he is considering Stephen Miller for national security adviser
May 4 (Reuters) - U.S. President Donald Trump said on Sunday that Stephen Miller, his deputy chief of staff, was a frontrunner to be potentially named as national security adviser following the departure of Mike Waltz. Trump ousted Waltz on Thursday and named Secretary of State Marco Rubi...Reuters
Mon, May 5
Commodities
GRAINS-Soybeans ease after rally, wheat rises for fourth session
SINGAPORE, May 5 (Reuters) - Chicago soybean futures slid on Monday for the first time in three sessions, as traders awaited updates on U.S.-China trade relations amid sluggish American exports and mounting competition from Brazil.Wheat rose to a one-week high, while corn bounced back. FUNDAMENTALS*...Reuters
Mon, May 5
Commodities
Trump confirms he offered to send US troops to Mexico to help with cartels
ABOARD AIR FORCE ONE, May 4 (Reuters) - U.S. President Donald Trump on Sunday confirmed that he had offered to send U.S. troops to Mexico to help Mexican President Claudia Sheinbaum combat drug trafficking, an offer Sheinbaum disclosed on Saturday and said she had refused.Trump told reporters aboard...Reuters
Mon, May 5
Forex
FOREX-Dollar gets limited lift from jobs, trade questions linger
Dollar dips early, trade thin with Japan/China holidaysFed seen on hold this week, less chance of June cut Erratic tariff policy remains a drag on dollar sentimentBy Wayne Cole SYDNEY, May 5 (Reuters) - The dollar was struggling to hold its ground on Monday even as concerns about a U.S. recession...Reuters
Mon, May 5
Other
Golf-Scheffler equals PGA scoring record, savors 'dream' hometown win
May 4 (Reuters) - An emotional Scottie Scheffler flirted with golf history at his hometown tournament on Sunday, tying the PGA Tour scoring record for his first win of the season at the CJ Cup Byron Nelson in McKinney, Texas. Scheffler finished with a 31-under par 253 to equal the tour record for th...Reuters
Mon, May 5
