The Reserve Bank of Australia (RBA) is having a monetary policy meeting this week and will deliver its decision on Tuesday. Market participants expect the Board to deliver a 25 basis points (bps) inte...
Category: Finance
Live Finance News Updates.
World Liberty Financial Countersues Justin Sun Over Fraud Claims
Key Insights: World Liberty Financial filed a defamation countersuit against Justin Sun. Sun previously sued over frozen WLFI tokens and alleged fraud. WLFI price pressure adds market tension to the l...
Crude Oil rallies on fresh missile strikes, can Brent reach $115?
Crude Oil came roaring back on Monday, with both major benchmarks tearing out of last week’s dip on a wave of fresh geopolitical anxiety. Brent climbed back above $112 a barrel and pressed towar...
Gold slides below $4,550 as Iran tensions lift Dollar, yields now
Gold price tumbles more than 2% on Monday as tensions in the Middle East pushes the Greenback higher, while US Treasury yields soar sharply as investors discount no interest rate cuts by the Federal R...
NZD/USD pressured ahead of key data as USD strength dominates sentiment
The NZD/USD pair is trading with a soft tone near the 0.5870 level on Tuesday, struggling to gain traction as the US Dollar (USD) remains broadly supported by safe-haven demand amid ongoing geopolitic...
USD/JPY consolidates BoJ’s FX intervention
USD/JPY traded essentially flat on Monday, settling close to 157.20 after a choppy session that opened with an early-Asia gap lower toward 156.20 before staging a steady recovery through European and ...
GBP/USD pulls back as risk-off mood drives Monday decline
GBP/USD declined around 0.35% on Monday, settling near 1.3530 after a sharp rejection from the 1.3600 handle dragged the pair lower through choppy afternoon trade. Price had peaked above 1.3650 during...
AUD/USD slips below 0.72 ahead of RBA rate verdict
AUD/USD declined around 0.5% on Monday, settling close to 0.7170 after dipping as low as 0.7150 during the session. The pullback followed Friday’s four-year high above 0.7225, with bullish momen...
Markets will get a second look at the AI rally this Tuesday
AMD, Super Micro Computer and Navitas Semiconductor are all set to report after the U.S. close on Tuesday, May 5, 2026. Last week’s move was very bullish for the markets. So this week, investors will ...
Palantir beats earnings with $1.63 billion in revenue as adjusted EPS hits $0.33
Palantir Technologies (PLTR) beat Wall Street’s first-quarter expectations on Monday, reporting $1.633 billion in revenue and adjusted EPS of $0.33. Analysts tracked by LSEG had expected $1.54 billion...
China: Blocking rule reshapes risk calculus – MUFG
MUFG’s Michael Wan flags a significant shift as China formally invokes its 2021 Blocking Statute for the first time, targeting recent US sanctions on five Chinese refineries linked to Iranian Oil. He ...
Colorado retreats from sweeping AI bias law in shift toward lighter-touch rules
Colorado lawmakers are moving to roll back a landmark artificial intelligence law before it ever takes effect, underscoring how difficult it has been for U.S. regulators to sustain broad oversight of ...
USD/SGD: Two-way trade with sell-on-rally bias – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong report that USD/SGD fell into the New York close, helped by a sharp Brent decline and a pullback in USD/JPY, easing immediate inflation and yield co...
Forex Today: US Dollar holds firm on Middle East flare-up ahead of RBA, US data
Here is what you need to know for Tuesday, May 5: The US Dollar Index (DXY) holds a firm tone near the 98.40 price zone, supported by safe-haven demand amid ongoing Middle East hostilities that keep m...
Silver Price Analysis: Bearish engulfing pattern forms, eyes on $70
Silver (XAG/USD) tumbles over 3% on Monday as the US Dollar rises on safe-haven demand amid escalating US-Iran tensions in the Strait of Hormuz, as the US Navy embarks on Donald Trump’s ‘Operati...
China, Indonesia have launched a QR payment system that skips the US dollar
China and Indonesia have created a shared QR code payment system, allowing shoppers in both countries to pay with their own money, eliminating the need for a dollar. The initiative is part of a bigger...
Spirit Airlines CEO: Carrier collapsed after it ‘ran out of runway’
A Spirit Airlines plane sits parked at Hollywood Burbank Airport on April 16, 2026 in Burbank, California. Justin Sullivan | Getty Images Spirit Airlines struggled for years, battered by larger, cash-...
Paramount Skydance (PSKY) earnings Q1 2026
An aerial view of the Paramount logo on the water tower at Paramount Studios on Feb. 23, 2026, in Los Angeles. Justin Sullivan | Getty Images Paramount Skydance topped Wall Street’s revenue and ...
How Chinese carmaker Geely put roots in the U.S.
Politicians on both sides of the aisle want to block Chinese vehicles from the United States. But over 100 Chinese automakers, auto tech companies, and parts suppliers already have a presence in the U...
Indonesia: Stable inflation outlook with oil risks – UOB
UOB’s Enrico Tanuwidjaja and Vincentius Ming Shen note Indonesia’s April inflation slowed to 2.42% year-on-year, below expectations but within Bank Indonesia’s (BI) target. They highlight post-holiday...
Fed's Williams says the U.S. economy is entering a more uncertain phase
New York Federal Reserve President John C. Williams said the U.S. economy is entering a more uncertain phase, with risks increasing on both sides of the Federal Reserve’s dual mandate, which is to kee...
Tyson Foods beat earnings and pushed right into resistance that has held twice before
Tyson Foods (TSN) came out before the market opened today and delivered a solid earnings beat, with EPS topping expectations by 11.59% and revenue beating by 0.18%. Investors liked what they saw and h...
ECB’s Nagel: June rate hike may be warranted if the inflation outlook does not improve
Joachim Nagel, member of the European Central Bank (ECB) and President of the Bundesbank, spoke in Frankfurt am Main, Germany, on Monday. He said that the longer the Middle East conflict lasts, the gr...
Payward, Kraken's parent company escalates $25M fraud with former partner, CEO
Payward, the parent company of crypto exchange Kraken, filed a second amended complaint today, May 4, 2026, alleging that former custody partner Etana and its CEO Dion Brandon Russell misappropriated ...
Taiwan: Growth momentum and LNG risks – DBS
DBS Group Research economist Ma Tieying upgrades Taiwan’s 2026 GDP growth forecast to 9.4% from 7.0%, citing stronger-than-expected AI-driven exports and resilient ICT demand. The report notes robust ...
WLFI Sues Justin Sun Over “Smear Campaign” Against Project
World Liberty Financial has officially filed a defamation lawsuit against Justin Sun for damaging the project’s reputation. According to the official post on X, a Justin Sun-linked entity transferred...
Moscow Exchange to add indices for another four cryptocurrencies
The main market for stocks in Russia, the Moscow Exchange (MOEX), will launch indices for another four cryptocurrencies this month, including those of Ripple and Binance. The platform already publishe...
Fed’s Williams: Inflation likely to be 3% this year
John Williams, President of the Federal Reserve (Fed) Bank of New York, said in a prepared speech at the Cynosure Group Spring Symposium in New York, United States (US) on Monday, that there is no way...
EUR/USD slides as Middle East tensions and Fed hike bets boost US Dollar
The Euro (EUR) trades on the back foot against the US Dollar (USD) on Monday as reports of renewed attacks in the Middle East lift the Greenback. At the time of writing, EUR/USD is trading around 1.16...
Kalshi has implemented new techniques to keep minors off its website
Prediction Market Platform Kalshi has implemented new techniques to keep minors off its website. This comes after years of ignoring a common loophole in which young people used their parents’ id...
China: Oil shock seen contained – Standard Chartered
Standard Chartered’s Hunter Chan and Shuang Ding expect robust external demand to support China’s April industrial production and trade, even as services and construction soften. They see higher Oil p...
Kalshi traders see April jobs report coming in better than economists’ estimates
A job seeker holds a Now Hiring Correctional Officers paperwork from the Florida Department of Corrections during the Mega JobNewsUSA South Florida Job Fair held in the Amerant Bank Arena on April 30,...