July 8, 2026 9:26 am
Key Moments Occidental Petroleum (NYSE:OXY) climbed 3.8% in pre-market trading after a double upgrade from Evercore to Outperform from Underperform and a price target increase to $65 from $58. Evercore cited a materially de-levered balance sheet and structurally higher capital efficiency as reshaping OXY’s free-cash-flow profile, though its projected free cash flow per share CAGR […]
Read moreJuly 8, 2026 9:20 am
Key Moments Commerzbank expects Poland’s NBP to keep the base rate unchanged at 3.75%, a stance already priced into forwards. Headline CPI slowed to 2.5% year-over-year in June, with month-on-month prices turning negative and underlying inflation momentum near zero. With rate-hike bets unwound and easing now under discussion, Commerzbank anticipates PLN underperformance versus CZK as […]
Read moreJuly 8, 2026 8:11 am
Key Moments EUR/USD trades near 1.1410 during Asian hours after modest losses in the prior session, with slight gains supported by a softer US Dollar. Market focus centers on the first Federal Reserve Meeting Minutes under Chairman Kevin Warsh for signals on the future path of US interest rates. Heightened tensions around the Strait of […]
Read moreJuly 8, 2026 8:01 am
Key Moments USD/IDR trades near 18,050 in Asian hours as the Rupiah stays on the back foot after June consumer confidence falls to 117.8 from 120.9. Market participants focus on the first Federal Reserve Meeting Minutes under Chairman Kevin Warsh for guidance on the future path of US interest rates. Safe-haven flows underpin the US […]
Read moreJuly 8, 2026 7:05 am
Key Moments EUR/JPY trades near 185.30 during Asian hours on Wednesday, recovering from prior-session losses. The pair holds above the VWAP at 185.20 and clustered EMAs, with the 50-day EMA at 184.95 acting as nearby trend support. Price consolidates inside a symmetrical triangle, with resistance near 185.80 and support around 183.70 defining the short-term range. […]
Read moreJuly 8, 2026 5:54 am
Key Moments USD/CAD trades near 1.4200 in Asian hours after modest losses in the prior session. Market-implied expectations for total Fed rate hikes by December fall to about 26 basis points from 38 basis points a week earlier. Elevated crude prices and rising geopolitical risks provide potential support for the Canadian Dollar. USD/CAD Edges Higher […]
Read moreJuly 7, 2026 1:37 pm
Key Moments Amazon.com plans to raise at least $25 billion via a U.S. dollar bond offering to support its AI investment strategy, according to Bloomberg News. A regulatory filing shows Amazon has prepared an eight-part mix of floating- and fixed-rate notes for the planned deal. The company previously aimed to raise $37 billion in March […]
Read moreJuly 7, 2026 1:24 pm
Key Moments Corn futures added 14 1/2 to 16 1/4 cents in front months on Monday and extended gains by another 1 to 2 1/4 cents in early Tuesday trade. US corn crop conditions held steady at 67% good to excellent, with 16% of the crop silking and 3% in the dough stage by July […]
Read moreJuly 7, 2026 12:50 pm
Key Moments Chicago SRW wheat futures extended Monday’s strength, with SRW contracts leading gains while KC contracts traded softer early on Tuesday. Weekly export inspections showed wheat shipments of 133,652 MT, down 66.38% from the prior week and 74.44% below the same week a year earlier. NASS reported 59% of the U.S. winter wheat crop […]
Read moreJuly 7, 2026 10:18 am
Key Moments SanDisk shares declined 4.4% in pre-market trading after Samsung Electronics reported its Q2 2026 preliminary results. Samsung posted a record operating profit of 89.4 trillion won, but revenue of 171 trillion won came in below analyst expectations, sparking a “sell the news” reaction. Weakness extended across the memory chip sector, including Micron Technology […]
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