May 8, 2026 1:00 pm
Key Moments Qualcomm Inc. (NASDAQ:QCOM) shares climbed 6% Friday morning following an upgrade from Neutral to Outperform by Daiwa Securities. Daiwa analyst Louis Miscioscia set a $225 price target, compared with Qualcomm’s Thursday close of $202.50 and a 5.6% pre-market move. The stock has advanced more than 60% over the last 30 days, despite third […]
Read moreMay 8, 2026 10:39 am
Key Moments EUR/CAD traded around 1.6040 on Friday, marking a third consecutive session of gains. Germany’s seasonally adjusted Industrial Output fell 0.7% MoM in March, missing forecasts for a 0.5% increase and extending February’s revised 0.5% decline. West Texas Intermediate crude traded near $92.60 per barrel as easing US-Iran tensions weighed on oil and the […]
Read moreMay 8, 2026 9:32 am
Key Moments Silver (XAG/USD) gains 2.6% in early European trading, approaching $80.50. Markets await US April Nonfarm Payrolls, with consensus pointing to 62K new jobs versus 178K in March. US President Donald Trump says the ceasefire with Iran remains in effect despite recent military exchanges. Silver Strengthens Ahead of US NFP Release Silver prices (XAG/USD) […]
Read moreMay 8, 2026 8:50 am
Key Moments NZD/USD traded near 0.5940 during Asian hours on Friday after recovering from earlier losses. Markets assigned low odds to an RBNZ rate hike in May, while fully pricing in a July increase amid inflation concerns. Traders monitored easing Middle East tensions and the upcoming US Nonfarm Payrolls report, forecast to show a 62K […]
Read moreMay 8, 2026 7:54 am
Key Moments USD/CHF traded around 0.7810 in Asian dealings on Friday, extending gains into a second session. US strikes near the Strait of Hormuz and subsequent responses from Iran kept geopolitical risk elevated, supporting a cautious market tone. Traders are focused on upcoming SECO Consumer Climate data in Switzerland and the US April jobs report, […]
Read moreMay 8, 2026 6:28 am
Key Moments: EUR/JPY has been trading close to 184.00, remaining below both the nine-day and 50-day EMAs The 14-day RSI stands at 41.75, indicating continued downside pressure without oversold conditions Price action has kept EUR/JPY within reach of support at the 11-week low of 181.87 and the five-month low of 180.81 Bearish Bias Persists Below […]
Read moreMay 8, 2026 6:17 am
Key Moments USD/JPY traded near 156.85 in Friday’s Asian session as the Yen advanced against the Dollar. A source cited by Reuters reported that Japanese authorities intervened in FX markets during early May holidays, following Yen-buying on April 30. Markets focused on the upcoming US April employment report, with consensus pointing to 62,000 new jobs […]
Read moreMay 8, 2026 5:56 am
Key Moments TD Securities strategist Bart Melek links Gold’s latest downturn to an Iran-related Oil shock, higher inflation expectations, and a stronger US Dollar. Melek identifies significant long-term technical support for Gold in the $4,288–$4,000/oz range, potentially tested if Oil climbs to $150+/bbl. He projects that, once Iran-driven and Oil-related inflation pressures recede, Gold could […]
Read moreMay 7, 2026 2:30 pm
Key Moments Disney (NYSE: DIS) increased the pace of dividends and buybacks, cutting its share count by 2.3% year-over-year and 1.88% year-to-date. Fiscal Q2 revenue rose 6.7% to $25.17 billion, with adjusted earnings of $1.57 per share surpassing expectations. Analysts maintain a Moderate Buy view with a 74% Buy-side tilt, projecting more than 20% upside […]
Read moreMay 7, 2026 2:18 pm
Key Moments Commerzbank analysts expect the Mexican Peso to depreciate against the U.S. Dollar in the coming weeks as monetary policy regains market focus. Banxico has already delivered a 25-basis-point rate cut and is seen likely to reduce rates by another 25 basis points this week. Despite market pricing for two rate hikes over the […]
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