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Economic Indicator
Eurozone: Services inflation surge supports ECB hikes – ABN AMRO
ABN AMRO economists Bill Diviney and Rose Heaulme note that Eurozone headline inflation rose to 3.2% in May, with core inflation surprising at 2.5%. Energy remains the main driver, while food inflation eased.Fxstreet
6 minutes ago
Forex
Euro firms as traders weigh conflicting US-Iran headlines, stronger Eurozone inflation data
EUR/USD holds firm on Tuesday as traders react to conflicting headlines surrounding US-Iran negotiations. At the time of writing, the pair trades around 1.1639 after touching a daily high near 1.1655.
Fxstreet
30 minutes ago
Forex
British Pound climbs as Trump-calmed tensions, lifting risk mood
The Pound Sterling rose by some 0.19% on Tuesday as traders remained optimistic about a peace deal between the US and Iran, even though geopolitical uncertainty remains. The GBP/USD trades at around 1.3470 after bouncing off daily lows of 1.3446.
Fxstreet
30 minutes ago
Economic Indicator
"The risk of failing to act is more severe than the risk of acting": BoE's Greene signals readiness to raise rates
Megan Greene, a member of the Bank of England's (BoE) Monetary Policy Committee (MPC), warned on Tuesday that United Kingdom (UK) households and businesses appear more sensitive to rising inflation than in the past, emphasizing that the risks of failing to act against persistent inflation outweigh tFxstreet
31 minutes ago
Cryptocurrencies
How One Crypto Founder Is Using XRP To Build The Future Of Finance
Flare Founder Hugo Philion has revealed how his network is utilizing XRP in the decentralized finance (DeFi) space. This includes wrapping the XRP token, which enables users to deploy it on DeFi platforms to earn yield. Flare Founder Breaks Down How They Use XRP For DeFi In an ‘XRP in One Minute’ ep...Bitcoinist
33 minutes ago
Stocks
Top Calls on Wall Street: Nvidia, Alphabet, HPE, Ferrari, Take-Two, TripAdvisor & More
Here are Tuesday’s biggest calls on Wall Street:Daiwa reiterates Nvidia as outperformDaiwa said Nvidia has a robust competitive position.“Our impression is positive as to the keynote and the GTC event overall. Nvidia remains in a very strong competitive situation.”HSBC reiterates Alphabet as buyHSBC...Tiger News
47 minutes ago
Market Movers
Caterpillar Inc Stock (CAT) Moved Up by 4.33% on Jun 2: Key Drivers Unveiled
• Caterpillar stock rose with volatility due to strong results, guidance, and analyst upgrades. • Company raised full-year 2026 sales outlook to low double-digit growth. • Global infrastructure investment cycle and mining demand benefit Caterpillar.
TradingKey
48 minutes ago
Market Movers
Palantir Technologies Inc Stock (PLTR) Moved Down by 5.74% on Jun 2: What Investors Need To Know
• Palantir's high valuation makes it sensitive to market sentiment and economic shifts. • Competition in AI and analyst sentiment impact Palantir's pricing and margins. • Government contract reliance and broader tech industry volatility pose risks.
TradingKey
48 minutes ago
Market Movers
Alibaba Group Holding Ltd Stock (BABA) Moved Up by 5.69% on Jun 2: A Full Analysis
• Alibaba launched new AI model Qwen3.7-Plus, boosting shares. • AI revenue shows triple-digit growth for Alibaba's cloud segment. • Analyst sentiment is "Moderate Buy" with an average price target of $189.05.
TradingKey
48 minutes ago
Market Movers
Lam Research Corp Stock (LRCX) Moved Up by 4.68% on Jun 2: Drivers Behind the Movement
• Lam Research exceeded earnings and revenue expectations. • Analysts upgraded LRCX, raising price targets significantly. • AI-driven demand for semiconductor equipment is a key driver.
TradingKey
48 minutes ago
Market Movers
Cisco Systems Inc Stock (CSCO) Moved Up by 5.04% on Jun 2: A Full Analysis
• Cisco unveiled Cloud Control with AI agents for IT infrastructure management. • New Multicloud Fabric simplifies secure network-as-a-service for cloud environments. • Analysts maintain a "Moderate Buy" rating, with increased price targets.
TradingKey
48 minutes ago
Economic Indicator
Polish central bank cites geopolitical risks as rates stay unchanged
The National Bank of Poland (NBP) met the broad consensus among market participants and held interest rates steady and adopted a cautious tone earlier on Tuesday, saying that future data would guide policy choices but also that inflation concerns are very much alive.
Fxstreet
53 minutes ago
Forex
Canadian Dollar: Range holds near recent highs against US Dollar – Scotiabank
Scotiabank's strategists Shaun Osborne and Eric Theoret notes the Canadian Dollar (CAD) is underperforming into renewed United States (US)‑Canada trade talks, with USD/CAD trading in the mid‑1.38s.
Fxstreet
56 minutes ago
Cryptocurrencies
Ethereum Signals Strength As Citigroup Eyes $5.5 Trillion Tokenized Asset Boom
Ethereum’s funding rate climbed to its highest level since August 23, 2025 on May 31, even as the token slipped below the $2,000 mark. The move pointed to heavy long positioning, and that crowding showed up again on June 1 when about $84 million in long ETH bets were wiped out. Related Reading: Bitc...NewsBTC
an hour ago
Economic Indicator
European Central Bank: Rate hike seen inevitable – Commerzbank
Commerzbank’s Dr. Vincent Stamer argues persistent Euro area inflation above 3% and rising core pressures make an European Central Bank (ECB) rate increase unavoidable. He cites firms’ intentions to pass on higher energy costs and elevated consumer inflation expectations.Fxstreet
an hour ago
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Market Movers
Palantir Technologies Inc Stock (PLTR) Moved Down by 5.74% on Jun 2: What Investors Need To Know
48 minutes ago
GOOG
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Alibaba Group Holding Ltd Stock (BABA) Moved Up by 5.69% on Jun 2: A Full Analysis
48 minutes ago
BABA
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