U.S. President Donald Trump said Wednesday that its was “extremely hard” to make a deal with his Chinese counterpart Xi Jinping, at a time when the White House has been suggesting the two leaders could talk this week amid rising trade tensions. Scott Bessent, U.S. treasury secretary, said Thursday stateside that trade talks were “a bit stalled,” and…
Bitcoin (BTC) is currently trading at approximately $105,430, reflecting a modest increase of 0.25% today. Despite this slight uptick, the cryptocurrency market is exhibiting signs of caution, with traders closely monitoring key support levels amid potential downside risks. 📉 Key Support Levels to Watch Analysts have identified several critical support zones that could influence Bitcoin’s…
📊 Introduction: The Illusion of “Fantasy Math” The recent passage of the GOP’s “One Big Beautiful Bill” has stirred significant debate. Critics argue that the bill employs “fantasy math” to downplay its true impact on the U.S. national debt. By using optimistic projections and excluding certain costs, the legislation presents a rosier picture than reality….
📈 Top Premarket Gainers 1. Dollar General (NYSE: DG) Shares of Dollar General surged over 10% in premarket trading after the company reported strong first-quarter earnings that surpassed Wall Street expectations. The discount retailer also raised its full-year 2025 guidance, signaling confidence in its growth trajectory. investing.com 2. Constellation Energy (NASDAQ: CEG) Constellation Energy’s stock…
Deutsche Bank has revised its year-end forecast for the S&P 500, raising the target from 6,150 to 6,550. This adjustment reflects increased optimism due to reduced concerns over tariff-related earnings impacts and sustained economic strength. Strategists, led by Binky Chadha, now estimate the negative impact from tariffs to be about one-third of previous estimates. The…
Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has confidentially filed a draft registration statement with the U.S. Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO). The filing, submitted on June 6, 2025, signals the company’s intent to go public, although specific details regarding the number of shares and…
European small- and mid-cap stocks are outperforming their U.S. counterparts in 2025, driven by investor optimism about Europe’s economic recovery and strategic avoidance of U.S. trade policy risks. The MSCI Europe Small and Mid Cap Index has surged 10.7% year-to-date, while the U.S. equivalent has declined by 2.6%. Key factors contributing to this trend include…
In a significant regulatory move, the Swiss government has proposed stringent capital requirements for UBS, aiming to fortify the nation’s financial system following the 2023 Credit Suisse crisis. Announced on June 6, 2025, the measures would compel UBS to bolster its capital reserves by up to $26 billion, elevating its Common Equity Tier 1 (CET1)…
South Korea’s newly elected President, Lee Jae-myung, has appointed Kim Yong-beom, the former CEO of Hashed Research, as the Chief Policy Officer at the Presidential Office. This ministerial-level position is pivotal in shaping national policy directions. Kim Yong-beom brings a wealth of experience to the role, having previously served as the Vice Minister of Economy…
RBI’s Surprise Rate Cut and Liquidity Injection Propel Indian Stock Markets to Record Highsbloomberg.com On June 6, 2025, the Reserve Bank of India (RBI) implemented a significant monetary policy shift by reducing the repo rate by 50 basis points to 5.5% and lowering the Cash Reserve Ratio (CRR) by 100 basis points to 3%. This…
