News
Important Only
Economic Indicator
US Treasury Sec. Bessent: Two-year yields below federal funds rate is signal that Fed should cut rates
United States (US) Treasury Secretary Scott Bessent told Fox Business Network on Thursday the fact that the two-year US Treasury bond yield is below the federal funds rate is a signal that the Federal Reserve (Fed) should cut rates, per Reuters.Fxstreet
Thu, May 1
Other
Iran accuses U.S. of 'provocative statements' ahead of nuclear talks
DUBAI, May 1 (Reuters) - Iran accused the United States on Thursday of "contradictory behaviour and provocative statements" after Washington warned Tehran of consequences for backing Yemen's Houthis and imposed new oil-related sanctions on it in the midst of nuclear talks.Washington and ...Reuters
Thu, May 1
Other
Roblox lifts annual bookings forecast as spending defies tariff uncertainty
By Zaheer KachwalaMay 1 (Reuters) - Roblox RBLX.N raised its annual bookings forecast on Thursday and beat quarterly results estimates, a sign that spending on its vast library of user-generated videogames was holding up despite economic uncertainty driven by U.S. tariffs.The platform has aggressive...Reuters
Thu, May 1
Technical Analysis
EUR recovers from sub-1.13 dip in quiet labour day trade – Scotiabank
Euro (EUR) is entering Thursday’s NA session unchanged from Wednesday’s close, finding modest support following a short-lived dip below 1.1300, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Fxstreet
Thu, May 1
Stocks
Here's What Investors Should Know About Ford Stock
Ford (NYSE: F) likely needs no introduction among the investment community. It's a storied company that has been a major part of the U.S. economy for quite some time, known for its popular trucks and SUVs. Even today, as the industry slowly shifts to a more sustainable future, Ford is aiming to rema...The Motley Fool
Thu, May 1
Stocks
RPT-COLUMN-Gold shows signs of consolidation as investment eases, but Trump looms: Russell
By Clyde RussellLAUNCESTON, Australia, May 1 (Reuters) - Gold prices have steadied after surging to a record high amid early signs of consolidation following the rally built on fears around U.S. President Donald Trump's trade policies.The precious metal eased to close at $3,287.72 an ounce on We...Reuters
Thu, May 1
Other
RPT-BREAKINGVIEWS-Silicon Valley’s Trump trade broke too many things
By Jeffrey Goldfarb NEW YORK, April 30 (Reuters Breakingviews) - The early returns from Silicon Valley’s attempted reprogramming of Washington are disastrous. Titans of technology either threw their support behind Donald Trump’s presidential campaign, or opened their wallets for him after he won ...Reuters
Thu, May 1
Economic Indicator
RPT-BREAKINGVIEWS-US economic stall hints at a freefall to come
By Gabriel Rubin WASHINGTON, April 30 (Reuters Breakingviews) - Though he wasn’t even president for the entire quarter, the first official report on the health of the U.S. economy in 2025 bears the unmistakable imprint of Donald Trump. An estimated 0.3% annualized decline in gross domestic produc...Reuters
Thu, May 1
Other
RPT-BREAKINGVIEWS-Trump Fed favorite has policies for different era
By Gabriel Rubin WASHINGTON, April 30 (Reuters Breakingviews) - The U.S. Federal Reserve has become an immensely powerful institution. Kevin Warsh, President Donald Trump’s favorite to succeed Jerome Powell as the central bank’s next chair, is eager to roll some of that power back. He used a spee...Reuters
Thu, May 1
Other
Canada's Northern Graphite plans to put Quebec mine on care and maintenance
Northern Graphite seeks C$10 million to expand Lac de Iles mineChina's export controls on graphite increase supply uncertaintyNorthern Graphite says if it receives funding the mine could be in production for another 8 yearsBy Divya RajagopalMay 1 - Canadian miner Northern Graphite will put its Q...Reuters
Thu, May 1
Other
US Treasury chief urges Fed to cut rates
WASHINGTON, May 1 (Reuters) - U.S. Treasury Secretary Scott Bessent on Thursday called on the U.S. Federal Reserve to cut rates, saying yields on two-year rates were lower than Fed fund rates."We are seeing that two-year rates are now below Fed funds rates, so that's a market signal that the...Reuters
Thu, May 1
Stocks
US cloud companies rise after Microsoft's upbeat forecast for Azure cloud business
** U.S. cloud companies rise premarket following Microsoft's MSFT.O upbeat cloud revenue forecast** Microsoft's results could ease investor concerns about a potential slowdown in AI demand after some analysts pointed to canceled data-center leases at MSFT as a sign of excess capacity** MSFT ...Reuters
Thu, May 1
Other
Becton Dickinson Q2 Adjusted EPS USD 3.35 Vs. IBES Estimate USD 2.98
May 1 (Reuters) - Becton Dickinson and Co BDX.N:BECTON DICKINSON Q2 ADJUSTED EPS USD 3.35 VERSUS. IBES ESTIMATE USD 2.98BECTON DICKINSON Q2 REVENUE USD 5,272 MILLION VERSUS. IBES ESTIMATE USD 5,098 MILLIONBECTON DICKINSON Q2 EPS USD 1.07BECTON DICKINSON OUTLOOK FY ADJUSTED EPS USD 14.06-14.34BECTON ...Reuters
Thu, May 1
Stocks
Eli Lilly falls after weight-loss drug sales miss expectations
** Shares of drugmaker Eli Lilly LLY.N fall 4.3% to $860.72 premarket ** Q1 sales of its popular weight-loss drug, Zepbound, came in slightly below Wall Street estimates** Zepbound posted Q1 sales of $2.31 billion compared with analysts' average estimate of $2.33 billion, as per data compiled by...Reuters
Thu, May 1
Technical Analysis
USD improves on stock rebound, trade hopes – Scotiabank
It feels like a fairly 'normal' day is unfolding across markets for once. US stock futures are higher on the back of solid earnings data from the tech sector while hopes for progress on trade are also supporting sentiment, Scotiabank's Chief FX Strategist Shaun Osborne notes.Fxstreet
Thu, May 1
Stocks
Carrier rises after Q1 profit estimate beat, raises 2025 forecast
** Carrier Global CARR.N shares up 6.8% to $67 premarket** Co raises 2025 forecast anticipating strong demand for its heating, ventilating and air conditioning products and aftermarket repair services** CARR reports Q1 adj profit of 65 cents/share vs analysts average estimates of 58 cents/share, as ...Reuters
Thu, May 1
Cryptocurrencies
Wormhole-backed tokenized assets touch $3B as Mercado Bitcoin readies to onboard $200M
Wormhole is emerging as a dominant player within the tokenized asset space, with the interoperability provider now servicing more than $3 billion worth of assets. Data shared by Robinson Burkey, the co-founder of Wormhole, shows the value of Wormhole’s Multichain Tokenized Assets Under Management (MTAUM) has surged from less than $1B to $3.04 billion over […]Cryptopolitan
Thu, May 1
Stocks
Howmet Aerospace gains after raising full-year profit forecast
** Howmet Aerospace's HWM.N shares up 4.6% to $145 premarket ** Company raises 2025 profit forecast on robust demand for the company's fasteners and other critical aircraft parts as planemakers try to produce more jets** Forecasts full-year adj profit per share between $3.36 and $3.44, up fr...Reuters
Thu, May 1
Stocks
AI stocks jump after upbeat Microsoft earnings
** U.S. AI stocks jump premarket after Microsoft MSFT.O reports upbeat earnings, forecasts strong growth for cloud business** AI helped both MSFT and Google-parent Alphabet GOOGL.O during earnings, offering investors hope that their bets on the technology would help them ride out the fallout from sw...Reuters
Thu, May 1
Economic Indicator
Morning News Call - Canada, May 1
To access a PDF version of this newsletter, please click hereYou can read Morning News Call Canada via TOPNEWS Canada page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-pageECONOMIC EVENTS0930 S&P Glo...Reuters
Thu, May 1
