June 24, 2026 6:14 am
Key Moments USD/CAD traded lower near 1.4205 during Wednesday’s Asian session. Markets priced in about an 86.1% probability of a Federal Reserve rate increase in December, up from 61% before last week’s FOMC meeting. Comments from Iran’s president on ballistic missiles and ongoing US-Iran uncertainty offered support for the US Dollar against the Canadian Dollar. […]
Read moreJune 24, 2026 5:51 am
Key Moments The People’s Bank of China (PBOC) set Wednesday’s USD/CNY central parity at 6.8195. The new fixing compared with the prior trading day’s reference rate of 6.8171. Reuters had estimated Wednesday’s fixing at 6.7913, below the official level. Latest USD/CNY Central Parity Setting On Wednesday, the People’s Bank of China (PBOC) set the central […]
Read moreJune 23, 2026 2:03 pm
Key Moments XAU/USD is trading near $4,130 after briefly dipping below $4,100, extending its corrective phase.
Read moreJune 23, 2026 1:17 pm
Key Moments SOL is trading at $70.53, sitting below the 50-day and 200-day SMAs, with only the 20-day SMA at $68.87 offering nearby support. Despite 74.6% of retail and 76.3% of top traders holding long positions, a taker buy/sell ratio of 0.8726 shows active selling into those longs. Bearish scenarios focus on a potential break […]
Read moreJune 23, 2026 1:06 pm
Key Moments Accenture shares rose 1.7% in pre-market trading after the company boosted its fiscal 2026 repurchase plan to $7.5 billion. The expanded buyback marks a 62% increase from the prior year’s repurchase level, with all purchases expected to be completed by August 31, 2026. The move follows a sharp post-earnings selloff that drove the […]
Read moreJune 23, 2026 12:25 pm
Key Moments Global primary aluminum production rose 3.5% month-on-month to 6.2mt in May, according to International Aluminium Institute data. ING estimates around 3mt of capacity has been removed from the market due to Middle East disruptions and is unlikely to return quickly. ING strategists continue to project a global aluminum deficit of around 1.8mt this […]
Read moreJune 23, 2026 10:09 am
Key Moments India’s 10Y government bond yield has stayed in a 6.90%-7.05% range as domestic and external forces counterbalance each other. DBS flags tighter system liquidity, expected FCNR(B) inflows, and offshore borrowings as key supports for Indian bonds and the Rupee. Foreign investors have turned constructive on INR debt, with inflows exceeding $3bn since April […]
Read moreJune 23, 2026 9:11 am
Key Moments Commerzbank’s Michael Pfister expects the Hungarian central bank to restart its rate-cutting cycle. Consensus points to a 25-basis-point move. Hungary records the lowest core HICP inflation among CE3 countries. However, it still holds the highest policy rate. Markets price in about three rate cuts over the next six months, including today’s move. Even […]
Read moreJune 23, 2026 8:46 am
Key Moments ETH trades at $1,692.81 after a 2.73% decline, now sitting below its 7-day, 20-day, 50-day, and 200-day simple moving averages. Derivatives positioning is heavily skewed long, while a taker buy/sell ratio of 0.8274 signals net aggressive selling and rising squeeze risk. $1,618.36 is identified as a crucial downside level, with $1,717.74 marked as […]
Read moreJune 23, 2026 8:09 am
Key Moments LME copper prices edged higher as reports of progress in US-Iran talks eased transit and inflation concerns. SHFE and LME copper inventories declined, with SHFE stocks at their lowest since December 2025 and LME stocks at March 2026 lows. China’s refined copper output increased 2.2% year-on-year to 1.3mt in May, supported by improved […]
Read more
