April 6, 2026 5:52 am
Key Moments Gold (XAU/USD) bounced from the $4,600 area during the Asian session but showed little follow-through buying. Expectations of higher global interest rates and a firm US Dollar continued to restrict upside for the non-yielding metal. Price is holding near the 38.2% Fibonacci retracement of the March decline, with resistance seen around $4,758 and […]
Read moreApril 3, 2026 1:28 pm
Key Moments Morgan Stanley applies a quantitative Earnings Surprise Composite to identify U.S. and European stocks with high odds of beating earnings expectations. The strategy has delivered a pre-cost Sharpe ratio of 1.06 in the U.S. and 0.92 in Europe since 2024, with longer-term Sharpe ratios of 0.69 and 0.71 respectively. Highlighted names include Western […]
Read moreApril 3, 2026 12:45 pm
Key Moments USD/JPY trades near 159.58 in subdued holiday conditions as markets await the US Nonfarm Payrolls report. Japan’s Finance Minister reiterates authorities are “ready to act firmly” against excessive FX volatility around the 160 level. Rate expectations diverge, with markets pricing in a roughly 70% chance of a BoJ hike in April while Fed […]
Read moreApril 3, 2026 9:47 am
Key Moments Goldman Sachs placed its Paris office under police surveillance after U.S. authorities warned of a potential attack on U.S. bank buildings in the city. The move followed a foiled bomb plot targeting a Bank of America branch in Paris on 28 March, with four individuals subsequently charged. France’s National Anti-Terrorism Prosecutor’s Office indicated […]
Read moreApril 3, 2026 9:02 am
Key Moments: Gold traded at $4,676 on Friday, below its year-to-date peak of $5,602, after two months of rangebound action. The Turkish central bank has sold 120 tons of gold worth over $20 billion in three weeks, including 70 tons last week. Analysts see scope for a move toward $5,000 and potentially $5,602 if prices […]
Read moreApril 3, 2026 7:35 am
Key Moments Tesla plans to grow its footprint in Japan to at least 60 stores as it targets becoming the country’s largest imported car brand as early as next year. The company currently operates 35 stores and 14 service centers in Japan and intends to increase its service network to about 30 locations. During the […]
Read moreApril 3, 2026 7:14 am
Key Moments USD/CAD trades around 1.3925, holding above 1.3900 and staying close to its 1.3966 year-to-date high. Markets focus on the upcoming U.S. Nonfarm Payrolls release amid thin Good Friday liquidity. Canada’s merchandise trade deficit widened to CAD 5.74 billion in February as imports surged to a record CAD 72.05 billion. Dollar Retains Momentum as […]
Read moreApril 3, 2026 6:37 am
Key Moments EUR/USD traded around 1.1540 during Asian hours, remaining below both the nine-day and 50-day EMAs. Initial support sat at the eight-month low of 1.1411, with further downside pointing toward the descending channel near 1.1250. The 14-day RSI hovered around 45, indicating subdued momentum and a slight edge for sellers. Technical Overview of EUR/USD […]
Read moreApril 3, 2026 6:27 am
Key Moments: Silver price (XAG/USD) trades near $73.10 in Asian dealings on Friday, remaining under selling pressure. Stronger safe-haven demand for the US Dollar, coupled with hawkish 2026 central bank expectations, weighs on the non-interest-bearing metal. Rising Middle East tensions, higher energy prices, and unresolved Strait of Hormuz risks add to inflation concerns and policy […]
Read moreApril 3, 2026 6:04 am
Key Moments NZD/USD trades near 0.5710 in Friday’s Asian session, hovering close to a four-month low China’s RatingDog Services PMI fell to 52.1 in March from 56.7 in February, missing the 53.7 consensus Markets await U.S. March Nonfarm Payrolls, with 60,000 job gains and a 4.4% Unemployment Rate expected NZD Under Pressure in Thin Holiday […]
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