May flash PMI data signals contraction in Germany’s manufacturing sector, missing expectations and weighing on growth outlook. Germany’s May flash manufacturing PMI fell to 49.9, below the 51.0 forecast and down from April’s 51.4, signaling a contraction in the sector. The
The biotech firm priced 22.92M shares in a public offering, targeting gross proceeds of $275M to fund operations and pipeline development. Relay Therapeutics priced a public offering of 22.92 million shares of common stock at $12.00 per share, raising approximately $275 mi
Damaged energy infrastructure and storage constraints may keep oil prices elevated for months, even if US-Iran tensions ease. Oil prices remain supported by lingering supply risks, despite renewed hopes for a US-Iran agreement. Recent optimism over a potential deal briefly
The currency pair trades around 158.90, maintaining a bullish stance above its nine-day and 50-day EMAs. USD/JPY remains near 158.90 in early European trading on Thursday, marking a second consecutive day of subdued movement. The pair continues to show a constructive bulli
May flash PMIs for France fell below expectations, signaling contraction in both services and manufacturing sectors. France’s May flash PMI readings disappointed, with services at 42.9, below the 46.6 forecast, and manufacturing at 48.9, missing the 52.2 estimate. The comp
BTC rebounds to $77,715 amid stabilizing market sentiment and reduced spot ETF outflows, the lowest since May 18. Bitcoin climbed to $77,715, up 0.66%, as easing oil prices helped calm broader market sentiment. Spot BTC ETF outflows slowed to their lowest level since May 1
Retail traders gain early exposure to SpaceX’s anticipated Nasdaq debut via Binance’s new tether-settled perpetual contracts. Binance has launched a SpaceX-linked pre-IPO perpetual futures contract, allowing retail investors to speculate on the company’s valuation ahead of
April's surplus contrasts sharply with a JPY 149.5 billion deficit a year earlier and beats forecasts for a JPY 29.7 billion shortfall. Japan recorded a trade surplus of JPY 301.9 billion in April 2026, reversing a JPY 149.5 billion deficit in the same month last year. The
CAD softens on cooling inflation data The Canadian Dollar has weakened against the US Dollar due to softer domestic inflation data. The decline in crude oil prices has also contributed to the CAD's decline. The USD/CAD pair has gathered strength, nearing 1.
Markets await key PMI releases from the US, Eurozone, and UK, alongside US-Iran negotiations impacting USD sentiment. The US Dollar (USD) retreated from Tuesday’s gains as investor sentiment improved, with focus shifting to high-stakes US-Iran talks and upcoming economic d
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