July 6, 2026 2:14 pm
Key Moments Wolfe Research reduced its Microsoft (NASDAQ:MSFT) price target to $525 from $570 while reiterating an Outperform rating. Fiscal 2027 capital expenditure forecast was raised to $270 billion from $230 billion, driving Wolfe’s FY27 free cash flow estimate to negative $17.4 billion. FY27 gross margin and EPS projections were cut, but Wolfe continues to […]
Read moreJuly 6, 2026 1:56 pm
Key Moments USD/CAD trades around 1.4215, with price action consolidating and the Canadian Dollar maintaining a soft tone. Non-renewal of the USMCA is seen extending trade uncertainty for Canadian and Mexican exporters, potentially influencing the BoC’s Q2 Business Outlook Survey. C$ is still viewed as fundamentally undervalued, but the gap versus an equilibrium estimate of […]
Read moreJuly 6, 2026 1:25 pm
Key Moments Broadcom Inc. (NASDAQ: AVGO) stock advanced 4% on Monday following news of an expanded chip supply agreement with Apple Inc. (NASDAQ: AAPL). The companies formalized new multi-year arrangements that extend their custom ASIC silicon collaboration out to 2031. Broadcom is reinforcing its Apple relationship while simultaneously building its artificial intelligence chip business with […]
Read moreJuly 6, 2026 11:22 am
Key Moments USD/CHF moved above 0.8050, extending its rebound from recent lows near 0.8000 and targeting the 0.8070 region. Swiss unemployment rose to 3.1% in June from 3% in May, its highest level in nearly five years, pressuring the Franc. A potential Morning Star pattern is forming on the daily chart, with confirmation eyed on […]
Read moreJuly 6, 2026 10:33 am
Key Moments EUR/GBP experienced a “sizeable downside breakout” that ING believes should be taken seriously. Lower FX volatility and the cost of a 2% per annum carry on short Sterling positions have discouraged investors from betting against GBP. Upcoming UK political developments and constrained fiscal capacity, combined with no expected Bank of England hikes this […]
Read moreJuly 6, 2026 9:34 am
Key Moments Benchmark Dutch front-month gas contract trades at 44.45 euro per megawatt-hour as prices decline. UK front-month gas contract drops 1.9% to 105.60 pence per therm, mirroring continental weakness. Stabilizing tanker flows through the Strait of Hormuz temper geopolitical risk premiums for European gas. Market Overview European wholesale natural gas prices moved lower on […]
Read moreJuly 6, 2026 8:35 am
Key Moments: Boeing has started a fourth 737 MAX final assembly line, dubbed the North Line, at its Everett, Washington, facility. The new Everett line mirrors the three existing 737 assembly lines in Renton and is not expected to support higher production rates before early 2027. Boeing is increasing 737 monthly output from 42 to […]
Read moreJuly 6, 2026 8:06 am
Key Moments USD/IDR trades near 18,040 in Asian hours, extending gains for a second straight session. Fed rate hike odds reach 77.3% for year-end, according to the CME FedWatch tool. Indonesia’s forex reserves have fallen for five consecutive months to a near two-year low after rupiah defense efforts. Dollar Strength Drives USD/IDR Higher USD/IDR moves […]
Read moreJuly 6, 2026 7:10 am
Key Moments AUD/USD slips about 0.20% to around 0.6920 after stalling near the 0.6950 resistance area. Price remains above the 200-day SMA at 0.6869 and the 50.0% Fibonacci retracement at 0.6851, keeping near-term support intact. The US Dollar shows broad intraday strength, led by gains against the New Zealand Dollar. Australian Dollar Retreats From Recent […]
Read moreJuly 6, 2026 6:33 am
Key Moments XAG/USD slips about 1% to near $61.80 after a four-session advance.
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