June 16, 2026 9:01 am
Key Moments Bank of America upgraded ExxonMobil to Buy from Neutral and reaffirmed its $154 price target. At about $141 per share, BofA estimates ExxonMobil is now discounting a long-term Brent price of $65 per barrel. Roughly 20% of ExxonMobil’s Middle East production, largely shut in, could add about $3.3 billion in annualized free cash […]
Read moreJune 16, 2026 7:13 am
Key Moments AUD/JPY trades near 113.20 in Tuesday’s Asian session as the cross loses momentum. Bank of Japan raises its short-term policy rate by 25 bps to 1.0%, the highest level since 1995. Reserve Bank of Australia is expected to leave the Official Cash Rate unchanged at 4.35% at its June meeting. Cross Pair Moves […]
Read moreJune 16, 2026 7:00 am
Key Moments Bitcoin (BTC) trades above $65,000 as the Bank of Japan lifts its policy rate to 1%, the highest level since 1995. Uniswap (UNI) and LayerZero (ZRO) dip on Tuesday but have outperformed the wider crypto market over the past 24 hours amid improving retail sentiment. Roughly $488 million in crypto derivatives positions are […]
Read moreJune 16, 2026 6:22 am
Key Moments NZD/USD trades near 0.5810 in Tuesday’s Asian session as the New Zealand Dollar retreats against the US Dollar. China’s Retail Sales declined 0.6% YoY in May, missing expectations and pressuring the China-sensitive Kiwi. Markets focus on Wednesday’s Fed meeting, where policymakers are expected to leave the benchmark rate unchanged. NZD/USD Softens in Asian […]
Read moreJune 16, 2026 5:58 am
Key Moments The People’s Bank of China set the USD/CNY central parity rate at 6.8108 for Tuesday’s trading session. The new fixing compared with the previous day’s central rate of 6.8088. The Tuesday reference rate diverged from a 6.7605 Reuters estimate cited in the report. Latest PBOC USD/CNY Fixing On Tuesday, the People’s Bank of […]
Read moreJune 15, 2026 2:03 pm
Key Moments Wheat futures are showing double-digit losses in early Monday trading after ending the prior week weaker. Managed money increased its net short position in Chicago wheat to 79,407 contracts, while funds turned net short in KC wheat. New-crop U.S. wheat export sales reached 4.591 MMT as of June 4, equal to 21.77% of […]
Read moreJune 15, 2026 1:23 pm
Key Moments Silver (XAG/USD) trades around $70.70, gaining 3.94% and marking its highest level in several days. The US Dollar Index (DXY) declines about 0.25% to near 99.55 after opening the week with a bearish gap. Traders focus on the upcoming Federal Reserve policy decision while monitoring developments around the US-Iran framework agreement. Silver Extends […]
Read moreJune 15, 2026 9:13 am
Key Moments BHP Group Ltd closed at $65.18 on Monday. The stock rose 2.25 points, or 3.58%, on strong copper prices and risk-on sentiment. Copper demand remains strong. It is driven by electric vehicles, renewable energy, and data center growth. Analysts stay broadly positive on BHP. They highlight its diversified assets and exposure to long-term […]
Read moreJune 15, 2026 6:42 am
Key Moments NZD/USD traded around 0.5850 during Asian hours on Monday after recovering from minor losses in the prior session. New Zealand’s May Performance of Services Index fell to 47.5, its fourth consecutive month of contraction, while the Composite Index dropped to 48.4. The US Dollar weakened after the US and Iran announced a deal […]
Read moreJune 15, 2026 6:32 am
Key Moments USD/JPY trades flat near 160.20 in Monday’s Asian session as the US Dollar softens against the Yen. The US and Iran said they reached a deal framework that will take effect on Friday, with European countries signaling readiness to lift sanctions. The BoJ is expected to raise rates to a 31-year high on […]
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