Follow our real-time news and get the real-time Forex news and headline news of the global financial market. Stay connected to our news reminders, trending articles and expert analysis.
US Secretary of State Rubio: (Regarding the Iran issue) If diplomatic means fail, there are "other options," and diplomacy is the "preferred solution."
US Secretary of State Rubio: Iran will never have nuclear weapons.
US Secretary of State Marco Rubio: US President Trump prefers to negotiate with Iran.
On May 28th, US President Trump stated at a cabinet meeting that Iran is very keen on reaching an agreement, but the US is not currently satisfied with it. Speaking to reporters at the White House cabinet meeting, Trump said, "Iran is very eager for an agreement, but we haven't reached one yet… We are not satisfied with this, but we will eventually get a satisfactory result. If we can't reach an agreement, we may have to go back to work."
US President Trump reiterated that Iran cannot possess nuclear weapons.
US President Trump: No Iran deal has been reached. Iran is determined to reach an agreement. We are not satisfied with it.
May 27 - According to Iran's Mehr News Agency, Iranian Foreign Minister Araqchi spoke by phone this morning with New Zealand Foreign Minister Winston Peters to discuss bilateral relations, the latest regional developments, and diplomatic processes aimed at ending the war between the United States and Israel against Iran.
On May 27th, shares of a little-known European chipmaker surged more than 70% on Wednesday after being heavily promoted by a popular social media account. An X account named Serenity posted that it had established a position in X-Fab Silicon Foundries SE, a Paris-listed company with six semiconductor manufacturing sites worldwide. The X account has over 400,000 followers. The post, which garnered over 500,000 views, triggered a retail trading frenzy and drove X-Fab's share price up as much as 77%. In the afternoon, the stock rose more than 30%, with trading volume approximately 17 times its three-month average. Trading was halted several times due to the extreme volatility. "We have noticed the recent increase in the company's share price and trading volume," said Damian Mark, CEO of X-Fab. "The company is currently unaware of any material developments that should be disclosed but have not yet been made public." This is not the first time this year that European tech stocks have surged due to Serenity's recommendations; according to its profile, the user is both an "AI/semiconductor supply chain analyst" and an "AI research scientist." X-Fab's current share price is around €12, more than double the average analyst target price (around €5.5). Data shows that only one of the eight analysts tracking the stock has given it a "buy" rating.
According to PBS, US President Trump said that Saudi Arabia should join the Abraham Accords.
According to PBS, US President Trump stated that giving up uranium mines would not lead to the lifting of sanctions against Iran.
The German DAX 30 index closed down 33.03 points, or 0.13%, at 25,172.89 on Wednesday, May 27; the UK FTSE 100 index closed up 9.57 points, or 0.09%, at 10,500.96 on Wednesday, May 27; and the French CAC 40 index closed up 34.78 points, or 0.43%, at 8,207.89 on Wednesday, May 27; European The Stoxx 50 index closed up 5.59 points, or 0.09%, at 6068.15 on Wednesday, May 27; the Spanish IBEX 35 index closed up 71.82 points, or 0.39%, at 18362.72 on Wednesday, May 27; and the Italian FTSE MIB index closed down 347.72 points, or 0.70%, at 49551.50 on Wednesday, May 27.
The head of Russia's state atomic energy company said the decision has been made to postpone the return of staff to the Bushehr nuclear power plant in Iran.
The bid-to-cover ratio for the US 4-month Treasury bond auction ending May 27 was 3.01, compared to 3.34 previously.
The percentage of bids awarded at the U.S. 4-month Treasury auction as of May 27 was 25.59%, compared to 99.6% previously.
The US 4-month Treasury auction on May 27th yielded a winning bid of 3.63%, compared to 3.59% previously.
The Federal Aviation Administration (FAA) has determined that the SpaceX Starship launch on May 22 was an accident.
May 27th - The Rhine River, one of Europe's most important waterways, continues to drop in water levels, limiting barge carrying capacity; this adds further pressure to the region's fuel supply chain as the conflict with Iran remains unresolved. According to data from Spotbarge, earlier on Wednesday, the Rhine's water level had dropped to extremely low levels, allowing a 110-meter-long barge to carry just over 1,000 tons of diesel fuel when passing through Kaub, a key shipping node in Germany. This load represents only about 40% of its total carrying capacity. The Rhine is a crucial link in Europe's transport infrastructure, with over 280 million tons of cargo transported via its waterways in 2024. Petroleum products account for more than 20% of this total transport.
According to RIA Novosti, the Kremlin stated that Russian President Vladimir Putin is open to negotiations with Europe.
On May 27, Ukrainian President Volodymyr Zelenskyy rejected a proposal for Ukraine to gain "partial membership" in the European Union, stating that given the Ukrainian army's role in defending the entire EU against Russian attacks, the country deserves full membership. In a letter to senior EU officials, Zelenskyy stated that Ukraine's goal of becoming a full EU member remains unchanged and warned against so-called "half-hearted measures." "We have never viewed membership as joining some kind of 'semi-union'," Zelenskyy said. This statement appears to be Kyiv's clearest response to date to a proposal by German Chancellor Merz. Last month, Merz proposed allowing Ukraine partial integration into EU institutions without granting it full voting rights; this move aimed to balance the EU's ambitions for expansion and its commitment to Ukraine with concerns from some member states about the accession process being pushed too quickly.
U.S. Treasury Secretary Bessenter will testify before a Senate committee on the budget on June 3.
Apr 21, 2023 14:03
Apr 21, 2023 13:58
Apr 20, 2023 13:54