June 8, 2026 6:24 am
Key Moments NZD/USD trades near 0.5810 in Asian hours after falling more than 1% in the prior session. Easing risk aversion pressures the US Dollar as geopolitical tensions persist in the Middle East. Markets continue to price in a July rate hike from the Reserve Bank of New Zealand with the OCR seen peaking around […]
Read moreJune 8, 2026 5:47 am
Key Moments Gold (XAU/USD) traded near $4,345 in early Asian dealings on Monday after rebounding from recent losses. Stronger-than-expected US Nonfarm Payrolls of 172K in May reduced expectations for imminent Federal Reserve rate cuts. Heightened Middle East tensions, including fresh Iranian threats of retaliation, continued to shape safe-haven sentiment. Gold Edges Higher in Early Asian […]
Read moreJune 5, 2026 2:27 pm
Key Moments Booking Holdings Inc. shares are trading 2.0% higher in the morning session at $170.79, defying broader U.S. equity market declines. Priceline’s upgraded AI travel assistant, powered by Anthropic’s Claude, has cut user planning time by nearly 10 minutes per trip versus traditional support. Investors remain supported by BKNG’s $0.42 quarterly dividend ex-date and […]
Read moreJune 5, 2026 1:58 pm
Key Moments Commerzbank’s Thu Lan Nguyen highlights that U.S. aluminum supply remains tight more than a year after import tariffs were introduced. A planned smelter in Oklahoma has been halted on environmental and ownership issues, while overall U.S. aluminum production has fallen. High prices and elevated import premiums have weighed on demand, raising the risk […]
Read moreJune 5, 2026 1:20 pm
Key Moments China has created China Mineral Resources Group to centralize iron ore purchases and promote yuan-based trade. Meanwhile, Australian producers are exploring state-backed marketing structures to strengthen their bargaining position. In addition, industry leaders are studying Indonesia’s single-desk export model as a possible template. China Strengthens Its Buying Power Rabobank strategist Benjamin Picton highlighted […]
Read moreJune 5, 2026 12:57 pm
Key Moments Micron Technology shares fell 3.6% in pre-market trading to $960.24 amid sector-wide weakness in semiconductors. Broadcom’s decision not to lift its $100 billion full-year AI semiconductor revenue target raised concerns about a potential slowdown in AI infrastructure spending. Positive catalysts for Micron, including analyst upgrades and HBM4 certification for Nvidia’s Vera Rubin platform, […]
Read moreJune 5, 2026 11:00 am
Key Moments Gold (XAU/USD) trades near $4,463, down 0.26%, as investors await the US May jobs report. Meanwhile, stalled US-Iran talks and Middle East tensions are supporting the US Dollar and Treasury yields. Markets expect 85K new jobs in May, while the unemployment rate is forecast to remain at 4.3%. Gold Eases Ahead of Key […]
Read moreJune 5, 2026 9:14 am
Key Moments GBP/JPY moved back above 215.00 after rebounding from a session low at 214.59. The Yen stayed under pressure despite repeated Japanese intervention warnings and expectations of a BoJ rate hike. Upside targets include 215.15, 215.55, and 216.60, while support is located around 214.70, 214.35, and 213.30. Yen Weakness Fuels Ongoing GBP/JPY Upswing GBP/JPY […]
Read moreJune 5, 2026 8:27 am
Key Moments West Texas Intermediate (WTI) futures trade near $91.00 during early European trading on Friday. Meanwhile, a US-brokered ceasefire between Israel and Lebanon remains fragile amid ongoing tensions. In addition, US President Donald Trump says negotiations with Iran and the IRGC are nearing a critical stage. WTI Holds Near $91 as Geopolitical Risks Persist […]
Read moreJune 5, 2026 7:26 am
Key Moments Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) extended a roughly 15% weekly slide as prices moved lower on Friday. Bitcoin and Ethereum ETFs recorded 14- and 18-day streaks of outflows, with BTC ETFs seeing $396.60 million and ETH ETFs $52.94 million in outflows on Thursday. XRP ETF flows showed relative stabilization, with $3.83 […]
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