July 10, 2026 1:30 pm
Key Moments Meta Platforms shares climbed 3.8% in pre-market trading after the unveiling of its Muse Spark 1.1 AI model aimed at agentic and coding use cases. Internal plans show Meta preparing to manufacture its in-house “Iris” AI chip in September, while committing $9.1 billion to a major AI data center in Canada. Regulatory risks […]
Read moreJuly 10, 2026 1:16 pm
Key Moments Citi lowered its rating on PepsiCo from Buy to Neutral and reduced its price target to $145 from $170, citing ongoing North American softness. Second-quarter organic sales in North America fell short of expectations, with PFNA down 2% versus a flat consensus and PBNA up 1% versus a 2% forecast. Citi warned that […]
Read moreJuly 10, 2026 12:50 pm
Key Moments The IEA expects global oil demand to fall by 1 million barrels per day this year versus last year, the first annual decline since 2020. Disruptions linked to the Israel-Iran conflict and the closure of the Strait of Hormuz have sharply constrained Persian Gulf exports. The IEA has cut its Russian supply outlook […]
Read moreJuly 10, 2026 10:17 am
Key Moments Carvana’s new car retail initiative now reaches up to half of the U.S. population through just seven Stellantis-brand dealerships. BTIG estimates new car gross profit per unit at $5,500 to $7,500, including $1,500 to $2,000 from parts and service. New vehicles are expected to account for less than 10% of Carvana’s total units […]
Read moreJuly 10, 2026 9:55 am
Key Moments The National Bank of Poland kept its policy rate at 3.75% and maintained a neutral stance, despite stagflationary macro projections. Governor Adam Glapinski adopted a notably dovish tone, openly discussing a potential 25bp rate cut in September if no new shock occurs. Commerzbank now anticipates Polish Zloty underperformance against the Czech Koruna as […]
Read moreJuly 10, 2026 7:59 am
Key Moments Silver (XAG/USD) trades 0.4% higher near $60.22 during Friday’s European session. The US Dollar Index (DXY) slips 0.17% to around 100.76, after touching a three-week low near 100.60. Market participants look ahead to next week’s release of US June Consumer Price Index (CPI) data. Silver Price Supported by Weaker Dollar and Oil Pullback […]
Read moreJuly 10, 2026 7:19 am
Key Moments Zcash (ZEC) climbed toward the $500 area during early Asian trading on Friday as retail interest strengthened. Futures Open Interest jumped 18% to $914.91 million, coinciding with the Ironwood shielded pool mainnet activation announcement. Technically, ZEC faces key resistance near $520, with a potential path toward the all-time high at $690 if that […]
Read moreJuly 10, 2026 7:05 am
Key Moments Gold (XAU/USD) comes under fresh selling pressure in Asia, failing to build on the prior session’s advance. FOMC Minutes and FedWatch data point to a divided Fed but maintain nearly 85% odds of at least one rate hike by year-end. US-Iran tensions and subsequent diplomatic signals unsettle markets, leaving Gold on track for […]
Read moreJuly 10, 2026 6:47 am
Key Moments USD/CAD trades near 1.4145 in early European hours on Friday as upside momentum fades for the pair. Fed minutes and recent comments from New York Fed President John Williams coincide with reduced market expectations for near-term U.S. rate hikes. Elevated crude oil prices amid renewed tensions in the Middle East support the oil-linked […]
Read moreJuly 10, 2026 6:21 am
Key Moments USD/JPY moved below the 162.00 level for a second consecutive session as traders stayed alert for potential Japanese government intervention. The US Dollar Index fell to a new weekly low after less-hawkish FOMC Minutes showed a split among policymakers on the path of interest rates. Geopolitical tensions involving US-Iran military actions and energy […]
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