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Winshear Completes Phase 1 Drill Program at Portsoy Nickel-Copper-Cobalt Project in Scotland
Winshear Metals Corp. has completed Phase 1 drilling at the Portsoy nickel-copper-cobalt project in Scotland, with a downhole EM survey identifying a strong off-hole conductor for follow-up testing.
JPMorgan Says Markets Overpricing Rate Hike Risk, Favors Low-Vol Stocks
JPMorgan strategists led by Matejka argue markets overprice rate hike risk, favoring low-volatility stocks like staples and utilities for a potential rally.
Intrepid Metals Expands Corral Copper Program After Encouraging Phase 1 Results
Intrepid Metals expands its Phase 1 exploration program at the Corral Copper Property in Arizona after encouraging early results, adding rock and soil sampling to target new zones.
GoldMining Starts 2026 Drilling at Yarumalito Gold-Copper Project in Colombia
GoldMining Inc. has commenced a 1,200-metre core drilling program at its Yarumalito gold-copper project in Colombia, targeting high-priority zones identified through relogging of historical core.
Pecoy Copper Review Finds Potential Step-Change in Gold Recovery
Pecoy Copper Corp. announced results from a Phase 1 metallurgical review indicating potential for significantly improved gold recovery at its Peru project, which could enhance project economics.
French Power Prices Surge on Nuclear Concerns Amid Heatwave
French power prices jumped as a heatwave raises concerns about nuclear plant curtailments and reduced hydro availability, tightening supply.
UK Retail Sales Decline Eases in May, CBI Survey Shows
UK retail sales volumes continued to fall in May but at a slightly slower pace, while selling price growth slowed to its weakest in over a year, according to the CBI survey.
Venezuela Bond Investor Who Held On Finally Sees Payouts
A bond investor who held Venezuelan debt through default and illiquidity is now receiving payments, signaling a potential shift in the country's financial rehabilitation.
ECB's Lane says market rate hike expectations are correct
ECB Chief Economist Philip Lane said the market is correct to expect a rate hike in June, citing upward pressure on inflation from higher oil prices and Middle East conflict.
Indian Rupee recovers on lower oil prices, risks remain on Iran stalemate
The Indian rupee strengthened as lower oil prices and optimism over a US-Iran deal eased import cost concerns, though the prolonged stalemate keeps risks elevated for the currency.
Danish Central Bank Warns of Housing Risks as Price Gains Spread
Denmark's central bank warned that rising home prices, initially concentrated in Copenhagen, are spreading nationwide and increasing risks for lenders, signaling potential macroprudential tightening ahead.
FX Option Expiries for 26 May Focus on EUR/USD at 1.1600 and 1.1650
FX option expiries for 26 May highlight EUR/USD strikes at 1.1600 and 1.1650, which may act as pinning points amid broader risk sentiment driven by US-Iran developments.
USD/JPY Stuck in Tight Range as US-Iran Deal Hopes Clash with Hawkish Fed
USD/JPY remains range-bound as optimism over a US-Iran deal and reopening of the Strait of Hormuz clashes with hawkish Fed risks ahead of the June FOMC meeting.
China Lets Policy Loan Rate Fall to Record Low to Boost Economy
China let the interest rate on a one-year policy loan to banks fall to a record low, signaling stepped-up efforts to support a slowing economy.
US Consumer Confidence in Focus as ECB and BoE Rate Paths Diverge
Traders eye US Consumer Confidence data for rate direction cues as the ECB signals a June hike while the BoE is expected to hold steady until September.
Strait of Hormuz: US sinks Iranian vessels, ceasefire framework holds
US forces sank two Iranian mine-laying vessels in the Strait of Hormuz and struck a missile site, while the ceasefire framework remained operative, keeping markets on edge.
Aluminum Heads for Four-Year High on China Output Cut Fears
Aluminum prices are approaching their highest level in over four years as fears of output cuts in China, the world's top producer, add to supply concerns from Middle East disruptions.
Wheat Extends Decline as Traders Digest Iran Ceasefire Talks
Wheat futures are extending their longest losing streak since January as traders assess the potential for a ceasefire in the Middle East, which could ease supply concerns and weigh on prices.
Sri Lanka Hikes Rate 100bp to 8.75% as Oil Surge Fans Inflation, Rupee Weakens
Sri Lanka's central bank raised its key rate by 100 basis points to 8.75% on Tuesday, citing surging oil prices from Middle East tensions that pushed April inflation to 5.4% and weakened the rupee.
PBOC sets USD/CNY midpoint at 6.8288, strongest since Feb 2023
The PBOC set the USD/CNY midpoint at 6.8288, the strongest level for the yuan since February 15, 2023, and injected 249 billion yuan via 7-day reverse repos at a steady 1.4% rate.
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NowPrice news curates headlines from established financial sources (CoinDesk, Decrypt, Investing.com, MarketWatch, OilPrice, Bloomberg and others). Our editorial team writes concise summaries in 5 languages. We don't republish articles — every story links back to the source.