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Commodities
OPEC+ expected to go with another large supply hike – ING
Oil prices moved higher yesterday, with ICE Brent settling just shy of a 3% gain on the day, ING's commodity experts Ewa Manthey and Warren Patterson note.
Fxstreet
Thu, Jul 3
Stocks
Best Stock to Buy Right Now: Walmart vs. Amazon
Two popular stocks that some investors might have on their radar right now are the retail juggernaut Walmart (NYSE: WMT) and e-commerce leader Amazon (NASDAQ: AMZN). Both companies offer investors exposure to retail spending, and each has managed to dominate its niche, becoming fantastic long-term i...
The Motley Fool
Thu, Jul 3
Forex
AUD/USD holds gains above 0.6560, the dollar eases ahead of the NFP report
The Australian Dollar remains consolidating gains near the year-to-date highs at 0.6590.
AUD/USD
Fxstreet
Thu, Jul 3
Other
Chinese communist party official urges U.S. to see benefits from cooperation
BEIJING, July 3 (Reuters) - The United States should recognise how much it has to gain from its cooperation with China, a senior Chinese Communist party official said on Thursday, state broadcaster CCTV reported.Liu Jianchao, the director of the Communist Party's international liaison department...
Reuters
Thu, Jul 3
Forex
EUR/USD: Near term consolidation – OCBC
Euro (EUR) gains slowed overnight, in line with our caution. EUR was last at 1.18 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
EUR/USD
Fxstreet
Thu, Jul 3
Other
China denies military base ambitions in Pacific Islands
By Kirsty Needham SYDNEY, July 3 (Reuters) - China's embassy in Fiji denied on Thursday that Beijing wanted a military base or sphere of influence in the Pacific Islands, after Fiji's Prime Minister Sitiveni Rabuka said islands were trying to cope with a powerful China seeking to spread i...
Reuters
Thu, Jul 3
Stocks
Chip Design Stocks Rally as U.S. Eases Some Chip Software Curbs on China. Synopsys Jumps 6.5%; Cadence Design Rises 5.4%
Chip design stocks rallied in premarket trading. Synopsys jumped 6.5%; Cadence Design rose 5.4%; Ansys gained 1.8%.The U.S. has lifted some curbs on exports of chip-design software to China, according to three companies that say they are working to restore access to recently restricted products.Thre...
Tiger News
Thu, Jul 3
Commodities
Blackrock Weighs Selling Stake In Saudi Aramco Gas Pipelines - Bloomberg News
July 3 (Reuters) - Saudi Arabian Oil Co 2222.SE:BLACKROCK WEIGHS SELLING STAKE IN SAUDI ARAMCO GAS PIPELINES - BLOOMBERG NEWSSource text: https://tinyurl.com/4c6wxvbp
Reuters
Thu, Jul 3
Stocks
Amazon Is Going to Offer Fast Delivery in Rural Areas. Should Dollar General Investors Be Worried?
Targeting rural areas has enabled Dollar General (NYSE: DG) to generate solid growth for years. Going into markets big-box retailers avoided has allowed it to be the one-stop shop for consumers in those areas.But what if shoppers had a different option to consider for low-priced consumer goods? That...
The Motley Fool
Thu, Jul 3
Forex
EUR: ECB starting to express some concern over euro strength – ING
The Financial Times is running a story today on ECB officials questioning whether the euro has strengthened too much.
EUR/USD
Fxstreet
Thu, Jul 3
Stocks
5 Top Tech Stocks to Buy Right Now
Technology stocks have helped lead the market higher over the past several years, and with the advent of artificial intelligence (AI), they look poised to continue to lead the way.Let's look at five top tech stocks catching the AI tailwinds that you might want to consider buying right now.Where to i...
The Motley Fool
Thu, Jul 3
Other
Vietnam says its negotiators coordinating to finalise trade terms with United States
HANOI, July 3 (Reuters) - Vietnam's leader To Lam highly values the United States and the country's trade negotiators are coordinating to formalise a deal with Washington, Vietnam's foreign ministry said on Thursday.The remarks by Vietnam's foreign ministry spokesperson followed an a...
Reuters
Thu, Jul 3
Economic Indicator
UK services sector grows at fastest pace since August, PMI shows
LONDON, July 3 (Reuters) - British services sector activity expanded at the fastest rate in nearly a year in June, and the prices they charged rose at the slowest pace in almost four years, according to a survey on Thursday that is likely to be welcomed by the Bank of England.The S&P Global UK S...
Reuters
Thu, Jul 3
Economic Indicator
United Kingdom S&P Global Services PMI above expectations (51.3) in June: Actual (52.8)
United Kingdom S&P Global Services PMI above expectations (51.3) in June: Actual (52.8)
GBP/USD
Fxstreet
Thu, Jul 3
Other
Nippon Steel to raise $5.6 billion in subordinated loans to fund U.S. Steel deal
By Yuka Obayashi TOKYO, July 3 (Reuters) - Japan's Nippon Steel 5401.T said on Wednesday it would raise 800 billion yen ($5.6 billion) through two subordinated loans to partially fund its recent $14.9 billion acquisition of U.S. Steel and refinance previous loans. Japan's biggest steelmak...
Reuters
Thu, Jul 3
Economic Indicator
United Kingdom S&P Global Composite PMI above expectations (50.7) in June: Actual (52)
United Kingdom S&P Global Composite PMI above expectations (50.7) in June: Actual (52)
GBP/USD
Fxstreet
Thu, Jul 3
Stocks
Social Security Retirees Just Got Good News About President Trump's Big Beautiful Bill
President Trump on several occasions during his recent campaign vowed to end taxes on Social Security benefits. Legislation currently working its way through Congress (i.e., the One, Big, Beautiful Bill Act) is built around his policy priorities, but it stops short of fulfilling that specific promis...
The Motley Fool
Thu, Jul 3
Stocks
EMERGING MARKETS-Asia stocks rally as US-Vietnam talks spark tariff relief hopes
MSCI EM-Asia index hits 3-1/2-year highVietnam stocks at over 3-year high; dong hits record lowS.Korean stocks close at highest level in nearly 4 yearsTaiwan's dollar hits highest since April 2022By Roshan Thomas July 3 (Reuters) - Most stock markets in emerging Asian economies rose on Thursd...
Reuters
Thu, Jul 3
Other
EXPLAINER-Will the EU delay enforcing its AI Act?
Parts of EU's AI Act due to come into force on August 2Publication of key guidance document has been delayedSome companies, politicians call for delayBy Supantha Mukherjee STOCKHOLM, July 3 (Reuters) - With less than a month to go before parts of the European Union's AI Act come into forc...
Reuters
Thu, Jul 3
Stocks
EMERGING MARKETS-Asia stocks rally as US-Vietnam talks spark tariff relief hopes
MSCI EM-Asia index hits 3-1/2-year highVietnam stocks at over 3-year high; dong hits record lowS.Korean stocks close at highest level in nearly 4 yearsTaiwan's dollar hits highest since April 2022By Roshan Thomas July 3 (Reuters) - Most stock markets in emerging Asian economies rose on Thursd...
Reuters
Thu, Jul 3
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