News
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Forex
COMMENT-NFP miss could tee up Fed cut in May, damage USD
March 6 (Reuters) - Worse than expected U.S. jobs data on Friday could raise the probability of the Federal Reserve cutting interest rates as early as May, and prompt further selling of the U.S. dollar.The Reuters poll consensus forecast for February's nonfarm payroll number is 160,000. The unem...Reuters
Thu, Mar 6
Cryptocurrencies
Trending Altcoin Likened To XRP Emerges As The Fastest Growing Presale Of 2025
Mutuum Finance (MUTM) demonstrates similar expansion patterns as XRP does in its early stages and breaks into decentralized finance as a major player. The project has reached its second presale phase where it obtained $2.2 million funding while attracting 4,200 investors who bought tokens at $0.015 price. Analysts suggest MUTM tracks XRP’s former growth pattern […]Cryptopolitan
Thu, Mar 6
Stocks
Trex Sees Double-Digit Growth in Premium Products
Trex (NYSE: TREX), the leading manufacturer of wood-alternative decking and railing products, recently held its fourth-quarter and full-year 2024 earnings call on February 24, 2025. For investors focused on the long-term potential of this repair and remodel market leader, the call provided important...The Motley Fool
Thu, Mar 6
Stocks
This 6.5%-Yielding Dividend Stock Continues to Add to its Massive Growth Backlog and Has Plenty More Growth Coming Down the Pipeline
Enbridge (NYSE: ENB) offers investors a monster income stream. The Canadian pipeline and utility currently yields 6.5%, which is several times higher than the S&P 500's 1.3% yield. That lucrative income stream is only part of the draw. Enbridge also has a massive backlog of expansion projects to fue...The Motley Fool
Thu, Mar 6
Stocks
COMMENT-Dollar can slide while stocks supported, surge if they drop
March 6 (Reuters) - The dollar, which has plunged this week, may drop further while stock markets are supported - as is currently the case - but it could surge if they drop.That is the clear risk should the trade disputes ignited by U.S. President Donald Trump's tariff threats become an all out ...Reuters
Thu, Mar 6
Stocks
JPMorgan lifts central European currency view after defence spending "sea-change"
LONDON, March 6 (Reuters) - Investment bank JPMorgan lifted its view on the currencies of Poland, the Czech Republic and Hungary on Thursday in reaction to what it called a "fiscal sea-change" in German and European Union defence spending.It said the plans, which include a 500 billion euro ...Reuters
Thu, Mar 6
Stocks
GLOBAL MARKETS-Bond market selloff extends after seismic German spending shift
Bund yields edge higher again after biggest jump since 1990'sEuro steadies at 4-month high ahead of expected ECB rate cutStock markets take a breather as trade war tensions simmerBy Marc JonesLONDON, March 6 (Reuters) - World financial markets remained in a radical readjustment phase on Thursday...Reuters
Thu, Mar 6
Stocks
Marvell tumbles as in-line forecast fails to impress investors
** Shares of chipmaker Marvell Technology MRVL.O down 15.8% at $75.89 in premarket trading** MRVL forecast fiscal first-quarter revenue of $1.875 bln, plus or minus 5%, compared with an estimate of $1.87 - data compiled by LSEG** The company forecasts adjusted profit of 61 cents/share, plus or minus...Reuters
Thu, Mar 6
Other
Kremlin blasts 'confrontational' Macron speech on Russian threat, nuclear weapons
MOSCOW, March 6 (Reuters) - The Kremlin on Thursday condemned what it called a highly confrontational speech by French President Emmanuel Macron in which he called Russia a threat to Europe and said Paris would consider putting other countries under its nuclear protection.Kremlin spokesman Dmitry Pe...Reuters
Thu, Mar 6
Stocks
Aerospace group Melrose's revenue outlook triggers share price slide
Company's 2025 revenue forecasts fall short of expectationsOutlook does not include any impact from potential tariffsShares fall as much as 12%, top loser on FTSE 100By Pushkala Aripaka March 6 (Reuters) - GKN Aerospace owner Melrose MRON.L forecast 2025 revenue below most analysts' expec...Reuters
Thu, Mar 6
Commodities
ANALYSIS-As Trump hails taking back of Panama Canal, Hong Kong Inc walks tightrope
Hong Kong increasingly squeezed by US-China tensionsHutchison's Panama Canal assets "politicised and weaponised" - China officialTwo HK conglomerates say anxiety, contingency planning has grownHong Kong's distinctiveness as freewheeling hub being eroded, say executivesBy Clare Jim, J...Reuters
Thu, Mar 6
Other
Japan's Seven & i announces restructuring, new CEO to fend off $47 billion takeover bid
Seven & i names outside director Dacus as new CEOAnnounces 2 trillion yen share buybackPlans to IPO its North American convenience store business Agrees to sell superstore asset to Bain Capital for 815 billion yenShares surge 6.1% on ThursdayBy Ritsuko Shimizu and Rocky Swift TOKYO, March 6 (...Reuters
Thu, Mar 6
Stocks
3 Bad Reasons to Sell Solana Now and 1 Good Reason to Buy It With $1,000
Solana (CRYPTO: SOL) is down 30% so far this year, and many investors expect it to fall even further, and soon. But, as wise investors know, there's a smart set of reasons to sell an investment and a much larger set of ill-advised selling reasons that may lead your portfolio's value downward over ti...The Motley Fool
Thu, Mar 6
Other
Merck KGaA CEO: Impact From U.S. Tariffs On China Will Be Manageable
March 6 (Reuters) - Merck KGaA MRCG.DE:MERCK KGAA CEO: IMPACT FROM U.S. TARIFFS ON CHINA WILL BE MANAGEABLE, WE SEE NO IMPACT FROM TARIFFS ON MEXICO AND CANADAMERCK KGAA CEO SAYS WE REFER TO OUR PREVIOUS STATEMENT ON SPRINGWORKS, WHEN ASKED ABOUT ANY PROGRESS OF TALKSReuters
Thu, Mar 6
Other
Kremlin says Rubio's view of Ukraine conflict as a US-Russia proxy war matches that of Putin
MOSCOW, March 6 (Reuters) - The Kremlin said on Thursday that U.S. Secretary of State Marco Rubio's view that the Ukraine conflict is a proxy war between the United States and Russia is in line with Russian President Vladimir Putin's own assessment. "It's been very clear from the...Reuters
Thu, Mar 6
Stocks
Campbell's extends declines after dour annual outlook; JPM downgrades stock
** Shares of packaged food company Campbell's Co CPB.O down ~1% at $38.84 premarket; set for its second straight session of declines, if losses hold** CPB lowered its annual sales and profit forecasts on Wednesday, signaling weak demand for snacks and intense competition from cheaper private-lab...Reuters
Thu, Mar 6
Other
China to set up national venture capital guidance fund, state planner says
BEIJING, March 6 (Reuters) - China will set up a government-backed fund in the near future that will mobilize 1 trillion yuan ($138.01 billion) from social capital to support technology startups, Zheng Shanjie, the head of China's state planner, said on Thursday.The "national venture capital...Reuters
Thu, Mar 6
