May 28, 2026 7:53 am
Key Moments EUR/USD falls about 0.3% to trade near 1.1590 during the Asian session amid heightened geopolitical tensions. Reports of Iranian retaliation near Bandar Abbas and attacks on US military bases weigh on risk sentiment and boost the US Dollar Index to around 99.53. Market participants look ahead to US PCE inflation for April and […]
Read moreMay 28, 2026 5:52 am
Key Moments The People’s Bank of China set Thursday’s USD/CNY central parity at 6.8240. The new fixing compared with the previous day’s rate of 6.8291. The latest fixing diverged from a Reuters estimate of 6.7861. Updated Central Parity for USD/CNY The People’s Bank of China (PBOC) set the USD/CNY central rate for the upcoming Thursday […]
Read moreMay 27, 2026 2:28 pm
Key Moments Boston Scientific (NYSE:BSX) fell 10.3% in morning trading after management reduced full-year and Q2 organic growth guidance at a major investor conference. New full-year organic growth guidance was set at 6.5%-8%, with Q2 organic growth targeted at 5%-7%, reflecting softness in EP, WATCHMAN, and Urology. The stock touched an intraday low of $50.75, […]
Read moreMay 27, 2026 12:19 pm
Key Moments Nvidia CEO Jensen Huang said the company intends to spend about $150 billion per year in Taiwan, up from $10-$15 billion annually four to five years ago. The planned Taiwan headquarters is scheduled to break ground this year and is targeted to be operational in 2030, with around 4,000 employees. Huang described Taiwan […]
Read moreMay 27, 2026 9:21 am
Key Moments NZD/USD rebounded after the RBNZ left rates unchanged but signaled a more hawkish policy outlook. Persistent US-Iran tensions and expectations of a Fed rate hike have constrained further NZD/USD gains. Traders turned attention to upcoming US PCE inflation data and preliminary GDP figures scheduled for Thursday. RBNZ Decision Sparks NZD/USD Rebound The NZD/USD […]
Read moreMay 27, 2026 9:02 am
Key Moments The S&P 500 rose 0.61%, setting a new record and taking its year-to-date gain to 9.84%. The Philadelphia semiconductor index jumped 5.53%, led by Micron, which advanced 19.3% and is up 859% over the past year. Gains were concentrated in chipmakers and select cyclical sectors, while just over half of S&P 500 constituents […]
Read moreMay 27, 2026 8:45 am
Key Moments Brent crude slipped from a recent high of USD 100.5 per barrel to about USD 98 per barrel, according to Danske Research Team. The modest pullback in oil prices has been sufficient to ease some pressure on US Treasury yields and temper oil-driven rate volatility. Oil markets are reacting to ongoing US-Iran tensions, […]
Read moreMay 27, 2026 7:44 am
Key Moments WTI trades near $90.75 in early European hours on Wednesday after dropping below $91.00. Renewed optimism on US-Iran ceasefire and waterway reopening pressures prices, while fresh strikes cap the downside. Traders focus on the upcoming API report for signals on US inventory trends and demand. WTI Holds Near $90.75 Amid Conflicting US-Iran Signals […]
Read moreMay 27, 2026 6:58 am
Key Moments USD/CHF trades near 0.7850 in Asian hours on Wednesday after giving back the prior session’s modest gains. US Consumer Confidence Index slips to 93.1 in May from a revised 93.8 in April, with inflation concerns tied to the Iran conflict. SNB reiterates its readiness to intervene in FX markets to limit excessive Swiss […]
Read moreMay 27, 2026 6:39 am
Key Moments EUR/JPY traded around 185.30 during Asian hours, advancing for a fourth straight session. The pair hovered near the upper boundary of a descending channel around 185.40, signaling a possible bullish breakout. Immediate support clustered near 185.00, where the nine-day EMA at 184.99 and the 50-day EMA at 184.89 converged. EUR/JPY Holds Bid Near […]
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