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Commodities
JP Morgan maintains 2025 forecast for oil prices in low-to-mid $60s
June 12 (Reuters) - JP Morgan is maintaining its base case forecast for oil prices to remain in the low-to-mid $60s for the rest of 2025, and around $60 in 2026, it said on Thursday."An attack on Iran could spike oil prices to $120, driving U.S. CPI to 5% " the company said.Reuters
Thu, Jun 12
Cryptocurrencies
Shiba Inu Price Forecast: Correction looms amid whale sell-off and falling supply in profit
Shiba Inu (SHIB) trades in the red on Thursday, extending the 3.22% drop from the previous day. Facing headwinds at the 50-day EMA, Shiba Inu risks a steeper correction as the large investors trim their SHIB holdings, concurrent with the supply in profit dropping to 23%.Fxstreet
Thu, Jun 12
Stocks
Is SoFi the Smartest Investment You Can Make Today?
To call SoFi's (NASDAQ: SOFI) growth impressive would be an understatement, and that's especially true as the company sustains its growth as it scales.In the first quarter of 2025, SoFi reported about 10.9 million members, up 34% year over year and up by about 800,000 during the first three months o...The Motley Fool
Thu, Jun 12
Other
Morning News Call - Canada, June 12
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-pageCORPORATE EVENTS1000 Descartes ...Reuters
Thu, Jun 12
Other
Iran warns Israel its retaliation to any attack will be unprecedented
DUBAI, June 12 (Reuters) - Iran's retaliation to any Israeli aggression will be "more forceful and destructive" than in past offensives, Revolutionary Guards commander Hossein Salami told state media on Thursday, after Tehran said it had been alerted of a potential attack.Israel and Iran...Reuters
Thu, Jun 12
Cryptocurrencies
Bitcoin Price Hits Local High? Top Analyst Shares Key Levels
The Bitcoin price is slipping into a critical area following a decline in the previous buying pressure. Many traders and investors in the crypto market wonder if the top crypto will recover as confidence in a new Bull Market barely show signs of a recovery. Related Reading: Bitcoin Risks Pullback To...NewsBTC
Thu, Jun 12
Forex
Sterling drops to six-week low against euro
By Stefano Rebaudo (Reuters) - Sterling rose against the U.S. dollar on Thursday but dropped to a six-week low against the euro, following weak economic data from the U.S. and the UK. The euro hit its highest level in almost four years against the U.S. currency as investors rushed into safe-haven...Reuters
Thu, Jun 12
Stocks
If I Could Only Buy and Hold a Single Stock, This Would Be It.
There are thousands of stocks to choose from. This can be intimidating for investors seeking to invest their money to boost their returns. However, they can simplify the process.For instance, investors can look at today's most successful businesses as a good place to start. It also helps to identify...The Motley Fool
Thu, Jun 12
Stocks
KeyBanc initiates coverage on Modine Manufacturing with 'over-weight'
** KeyBanc Capital Markets initiates coverage on Modine Manufacturing MOD.N with 'over-weight' rating; sets PT at $125, which is premium of 32.8% from stock's last close ** Brokerage says co's overall growth has been modest recently, but robust data centre tailwinds and upcoming exit...Reuters
Thu, Jun 12
Cryptocurrencies
PayPal Integrates PYUSD on Stellar for PayFi: New Crypto to Explode Next
PayPal’s latest move is turning heads. The payments giant is bringing its stablecoin, PYUSD, to the Stellar blockchain. That might sound like a quiet technical upgrade, but in the crypto world, it’s a thunderclap. It means PayPal is doubling down on crypto – but doing it the boring (and probably sma...Bitcoinist
Thu, Jun 12
Other
Amazon asks court to scrap EU tech label, arguing it poses no systemic risks
EU designation makes Amazon subject to stricter requirementsCompany challenging designation in court Argues its "size does not multiply risk"By Foo Yun CheeBRUSSELS, June 12 (Reuters) - Amazon AMZN.O asked Europe's second-highest court on Thursday to scrap its designation as a platform s...Reuters
Thu, Jun 12
Other
FACTBOX-Deadly civilian plane crashes in India over the decades
June 12 (Reuters) - An Air India plane bound for London with 242 people on board crashed minutes after taking off from India's western city of Ahmedabad on Thursday, the airline and police said, and India's federal health minister said that "many people" were killed.Following are det...Reuters
Thu, Jun 12
Stocks
US STOCKS-Wall Street futures fall as Middle East tensions rise; Boeing drops
Futures down: Dow 0.63%, S&P 500 0.42%, Nasdaq 0.34%Boeing shares fall after Air India plane crashWeekly jobless claims, May PPI report on tapBy Kanchana Chakravarty and Sukriti Gupta June 12 (Reuters) - U.S. stock index futures dipped on Thursday as signs of rising tensions in the Middle Eas...Reuters
Thu, Jun 12
Cryptocurrencies
Britain’s goods exports to the United States fell by £2 billion in April
Britain’s goods exports to the United States fell by £2 billion in April, the largest monthly drop since records began in 1997, after President Donald Trump imposed new tariffs on imports to the US. The decline took total exports from the UK down to £4.1 billion, the lowest level since February 2022. The Office for […]Cryptopolitan
Thu, Jun 12
Stocks
MORNING BID AMERICAS-Oil pops, dollar drops
By Mike Dolan LONDON, June 12 (Reuters) - What matters in U.S. and global markets today I'm excited to announce that I'm now part of Reuters Open Interest (ROI) , an essential new source for data-driven, expert commentary on market and economic trends. You can find ROI on t...Reuters
Thu, Jun 12
Cryptocurrencies
Bitcoin Price Forecast: BTC edges below $108,000 as geopolitical risks weigh on sentiment
Bitcoin (BTC) price extends its decline on Thursday, trading below $108,000 and extending the previous day's drop. The rising conflict in the Middle East fueled this correction, with reports suggesting that Israel is readying an imminent attack on Iran.
Fxstreet
Thu, Jun 12
Other
UK foreign minister Lammy 'deeply saddened' by India plane crash
LONDON, June 12 (Reuters) - British foreign minister David Lammy said he was deeply saddened by news of a plane crash in India, and that Britain was now working with Indian authorities."Deeply saddened by news of a devastating plane crash in Ahmedabad, India," Lammy said on X. "My though...Reuters
Thu, Jun 12
Commodities
EXPLAINER-What's behind Iran's long tussle with the United States?
June 12 (Reuters) - The United States has pulled some diplomatic staff and military families out of the Middle East, citing unspecified regional security risks. Its long-running rivalry with Iran may be part of the heightened tensions. This article shows what's behind the rivalry, how it has pla...Reuters
Thu, Jun 12
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