March 16, 2026 2:18 pm
Key Moments TD Securities’ Daniel Ghali highlights that copper will increasingly need to be sourced from exchange warehouses as global supply deficits intensify. Visible exchange inventories have risen to roughly 33% of above-ground copper stocks, compared with 5% at year-end 2023. A significant share of the remaining 67% of above-ground copper is described as encumbered […]
Read moreMarch 16, 2026 1:40 pm
Key Moments Salesforce Inc shares were trading about 2.5% higher in premarket trading on Monday following the start of a $25 billion share repurchase. The company initiated accelerated share repurchase agreements on March 11 covering an initial delivery of approximately 103 million shares. The transaction immediately executes half of Salesforce’s previously authorized $50 billion aggregate […]
Read moreMarch 16, 2026 1:06 pm
Key Moments USD/CAD moved back below the 1.3700 level ahead of the release of Canada’s February CPI data. Consensus expectations call for February headline CPI at 1.9% y/y and core CPI at 2.35% y/y, compared with 2.3% and 2.45% in January. Canada’s labor market deteriorated in February, with -83.9k jobs lost and the unemployment rate […]
Read moreMarch 16, 2026 11:11 am
Key Moments Shell projects global LNG demand to rise from 422 million tonnes per annum in 2025 to between 610 million and 780 million tonnes per annum by 2050. The forecast implies a 45% to 85% increase in LNG demand over a 25-year period, with Asia accounting for 70% of growth through 2040. LNG is […]
Read moreMarch 16, 2026 10:40 am
Key Moments EUR/GBP has moved below its 200-DMA at 0.8690 and is currently testing interim support near the February low at 0.8610. Societe Generale economists flag downside risk toward 0.8580 and 0.8535 if 0.8610 fails to hold. The cross, along with the euro, sterling, Bunds, and Gilts, is described as technically oversold and due for […]
Read moreMarch 16, 2026 10:07 am
Key Moments Meta shares gained more than 3% in premarket trading by 05:18 ET after reports the company may cut over 20% of its workforce. Potential layoffs are aimed at offsetting heavy spending on AI infrastructure, including an announced $600 billion data center buildout by 2028. Analysts estimate that a roughly 20% reduction in staff […]
Read moreMarch 16, 2026 9:25 am
Key Moments NZD/USD traded around 0.5810 during Asian hours on Monday after snapping a four-day losing streak. Stronger-than-expected Chinese Retail Sales and Industrial Production data provided support for the New Zealand Dollar. Markets have largely priced in a 25-basis-point RBNZ hike in September and see over a 70% chance of another increase in December. NZD/USD […]
Read moreMarch 16, 2026 7:41 am
Key Moments Solana trades above $90 on Monday after a 13% gain the previous week, with price action approaching the 50-day EMA near $94.17. Solana-focused ETFs saw a $7.60 million inflow on Friday, bringing weekly institutional net inflows to $10.70 million. Futures market activity shows $15.50 million in Solana liquidations in the last 24 hours, […]
Read moreMarch 16, 2026 7:08 am
Key Moments USD/JPY traded near 159.60 during Asian hours on Monday after four consecutive daily losses, while staying within an ascending channel. The pair tested 159.75, matching the highest level since July 2024 that was previously reached on March 13. Initial support is seen at the confluence of the ascending channel’s lower boundary and the […]
Read moreMarch 13, 2026 12:02 pm
Key Moments Nvidia’s GTC conference is set to spotlight advances across chips, data centers, CUDA software, AI agents, and robotics as it seeks to maintain AI leadership. Analysts anticipate Nvidia will outline a full-stack roadmap from Rubin to Feynman while addressing rising competition in both training and inference markets. Recent strategic moves, including the $17 […]
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