May 12, 2026 10:32 am
Key Moments EBay rejected GameStop’s $56 billion half-cash, half-stock takeover proposal, citing doubts about the deal’s financing. EBay shares have been trading $20 below GameStop’s offer price of $125 per share, reflecting market skepticism. GameStop CEO Ryan Cohen has highlighted $20 billion in potential debt financing and share issuance capacity to back the bid. EBay […]
Read moreMay 12, 2026 9:22 am
Key Moments GBP/JPY trades near 213.00, down more than 0.40% as heavy selling emerges. Stronger safe-haven demand for JPY follows signals of joint US-Japan action on FX volatility and a hawkish BoJ tone. UK political turmoil, with over 70 Labour MPs urging Prime Minister Keir Starmer to resign, further pressures the Pound. GBP/JPY Retreats After […]
Read moreMay 12, 2026 8:30 am
Key Moments Texas Attorney General Ken Paxton has filed a lawsuit accusing Netflix of secretly collecting and selling user data, including information about children. The complaint alleges Netflix used “dark patterns” such as autoplay features to keep viewers engaged and to increase data collection. Paxton seeks civil penalties of up to $10,000 per violation, a […]
Read moreMay 12, 2026 8:19 am
Key Moments Trian Fund Management has been in discussions with investors, including in the Middle East, about financing a potential take-private bid for Wendy’s, according to the Financial Times. Nelson Peltz’s stake in Wendy’s has increased to 16.24%, while Trian’s position has risen to 7.85% from levels reported in July last year. Wendy’s shares closed […]
Read moreMay 12, 2026 6:48 am
Key Moments XRP is trading close to $1.48, the upper boundary of its downward parallel channel, with momentum gauges pointing to strengthening bullish pressure. XLM is oscillating between its 50-day and 100-day EMAs, reflecting consolidation and uncertainty ahead of a clearer directional move. On-chain and derivatives data for both XRP and XLM indicate a mild […]
Read moreMay 12, 2026 6:32 am
Key Moments EUR/JPY trades around 185.40, extending its winning streak to a fourth straight session during Asian hours on Tuesday. Japan’s household spending fell 2.9% year-over-year in March, the fourth consecutive monthly decline, highlighting fragile domestic demand. Market pricing reflects a 92% probability of a European Central Bank rate hike in June, with expectations for […]
Read moreMay 12, 2026 6:07 am
Key Moments XAU/USD retreats from a three-week peak hit during the Asian session and moves back toward the $4,700 area.
Read moreMay 12, 2026 6:00 am
Key Moments USD/CAD trades around 1.3690 during Asian hours on Tuesday as safe-haven flows support the US Dollar. Escalating Middle East tensions and signals of potential military action underpin demand for the Greenback. Rising crude prices support the Canadian Dollar but complicate the Bank of Canada’s policy stance amid 2.4% annual inflation in March. Safe-Haven […]
Read moreMay 11, 2026 1:36 pm
Key Moments The Norwegian Krone has strengthened against the Dollar alongside other risk-sensitive currencies, supported by improved market sentiment and domestic policy. Norges Bank unexpectedly raised its policy rate by 25bp to 4.25% on 7 May, its first rate hike since 2023. HSBC’s economists do not anticipate a prolonged hiking cycle, as Norges Bank signaled […]
Read moreMay 11, 2026 1:17 pm
Key Moments European wheat flat prices moved lower as Matif futures retreated from recent highs, while cash premiums in major origins largely held steady. Corn export premiums and outright prices declined in Argentina and at the US Gulf, while Brazilian basis levels showed mixed moves between Santos and the Northern Arc. Soybean cash activity was […]
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