TradersWeekly

Opinions on stocks, commodities, cryptocurrencies, and indices.

Disclaimer: None of our content constitutes financial advice.

[Bloomberg @business]

Kraken is considering raising a final funding round ahead of a possible IPO https://t.co/o9BAbJb4bv

[Investing.com @Investingcom]

⚠️ JUST IN:

*U.S. MAY ISM SERVICES INDEX JUMPS TO 53.8; EST. 51.0; PREV. 49.4

*HIGHEST SINCE AUGUST 2023

🇺🇸 🇺🇸

[Barron's @barronsonline]

Tesla Chinese Sales Are Picking Up. The Stock Is Stuck. https://t.co/61UQ30T5q2

[TradersWeekly @Traders_Weekly]

Today's economic releases (#USA):
- MBA Mortgage Market Index
- ADP employment change
- S&P Global Services PMI
- S&P Global Composite PMI
- ISM Services PMI
- Total vehicle sales
- EIA crude oil stock change

[Bloomberg @business]

Copper fell below $10,000 a ton as a sharp rise in global inventories prompts traders to zero in on weak conditions in the spot market https://t.co/AcIWbJLyMq

[The Associated Press @AP]

BREAKING: Indian markets close sharply down as early vote count shows Prime Minister Modi’s party faces tighter than expected race.

Follow the AP's live updates as India awaits a final result: https://t.co/NGUpCjhXUA

[TradersWeekly @Traders_Weekly]

Data coming out today (#USA):
- LMI Logistics Managers Index
- Factory orders
- JOLTs job quits
- Total vehicle sales
- API crude oil stock change

[zerohedge @zerohedge]

American Airlines Union Warns: "All Flight Attendants Need To Prepare For Strike" https://t.co/8ZI5pNBJ1g

[Investing.com @Investingcom]

⚠️ JUST IN:

*OPEC+ AGREES TO EXTEND COLLECTIVE OIL OUTPUT CUTS UNTIL END OF 2025

$CL_F #OOTT

[TradersWeekly @Traders_Weekly]

Today's releases (#USA):
- S&P Global Manufacturing PMI
- Construction spending
- ISM Manufacturing PMI

[Bloomberg @business]

As Narendra Modi prepares for a likely third term in office, global firms say there’s still plenty of work for the new government to do.

Read more on what the challenges are https://t.co/QlwS1mgk9a

[Investing.com @Investingcom]

⚠️BREAKING:

*U.S. MAY CHICAGO PMI FALLS TO 35.4; EST. 41.1; PREV. 37.9

*LOWEST SINCE MAY 2020

🇺🇸🇺🇸

[Investing.com @Investingcom]

*DONALD TRUMP AND ELON MUSK DISCUSSING ADVISORY ROLE IN NEXT ADMINISTRATION

$TSLA 🇺🇸🇺🇸

[The Associated Press @AP]

BREAKING: Former President Donald Trump has been found guilty of falsifying business records in hush money trial. The 34-count verdict is still being read.

[LiveSquawk @LiveSquawk]

US Pending Home Sales (M/M) Apr: -7.7% (est -1.0%; prev R 3.6%)
- Pending Home Sales NSA (Y/Y): -0.8% (est -2.0%; prev R -4.4%)

[LiveSquawk @LiveSquawk]

US Initial Jobless claims May 25: 219K (est 217K; prev 215K)
- Continuing Claims May 18: 1791K (est 1796K; prev 1794K)

[LiveSquawk @LiveSquawk]

US GDP Annualised (Q/Q) Q1 S: 1.3% (est 1.3%; prev 1.6%)
- Personal Consumption Q1 S: 2.0% (est 2.2%; prev 2.5%)
- GDP Price Index (Q/Q) Q1 S: 3.0% (est 3.1%; prev 3.1%)
- Core PCE Price Index (Q/Q) Q1 S: 3.6% (est 3.7%; prev 3.7%)

[TradersWeekly @Traders_Weekly]

@Reuters The robot won't ask for tips.