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PBOC Sets Yuan Fix Stronger at 6.8109 Parity Rate

June 30, 2026 5:59 am
Key Moments The People’s Bank of China set the USD/CNY central parity rate at 6.8109 for Tuesday’s session. The new fixing compared with the previous session’s reference rate of 6.8175. The latest fixing was set against a Reuters estimate of 6.7877. Updated USD/CNY Central Parity Setting The People’s Bank of China (PBOC) set the central […] Read more

Artivion Shares Rise After FDA Approves AMDS Aortic Device

June 29, 2026 2:18 pm
Key Moments Artivion Inc (NYSE:AORT) stock rose 2% in premarket trading after the FDA approved its AMDS Hybrid Prosthesis. The AMDS device received premarket approval for use in acute DeBakey Type I aortic dissections with clinical or radiographic malperfusion. Artivion estimates the PMA approval enables it to target a $150 million annual U.S. market. Regulatory […] Read more

FuelCell Energy Jumps on EXIM Financing, Bullish Calls

June 29, 2026 1:57 pm
Key Moments FuelCell Energy shares climbed about 9.0% in pre-market trading after securing a $49 million financing package from the U.S. Export-Import Bank to support fuel cell shipments to South Korea. B.Riley upgraded FuelCell Energy to Buy and lifted its price target to $32 from $13, citing the 380 MW data center power agreement with […] Read more

Bitcoin Four-Year Cycle Signals Deeper Downside

June 29, 2026 1:21 pm
Key Moments Bitcoin trades below $60,000, more than 50% beneath its all-time peak of $126,199. The four-year cycle framework points to roughly four more months before a potential bear-market low. Technical downside risk is mapped out between $49,221 and $33,111, implying a possible drawdown of about 75% from the record high. Four-Year Cycle Signals More […] Read more

BT Shares Rise on Verizon Joint Venture Strategic Shift

June 29, 2026 10:04 am
Key Moments BT shares rose 1.9% to 198.75p. This came after it announced a 50:50 international enterprise joint venture with Verizon Communications. Verizon will pay $625 million to equalize the deal. In addition, the combined unit will generate about $4 billion in annual revenue. BT cut its FY27 adjusted group revenue guidance. However, it kept […] Read more

Gold Retreats as US-Iran Risks Ease, Fed Fears Persist

June 29, 2026 9:51 am
Key Moments Gold (XAU/USD) trades around $4,050 on Monday, down 0.96% as safe-haven demand eases. Signals of de-escalation between the United States and Iran, including plans for Doha talks, reduce risk premiums. Market pricing reflects roughly a 48% probability of a Federal Reserve rate hike in September, limiting gold’s appeal. Gold Under Pressure as Geopolitical […] Read more

Platinum Slides Toward Oversold Levels Ahead of US Jobs Data

June 29, 2026 8:46 am
Key Moments Platinum dropped below $1,650 an ounce, touching its weakest level since mid-December 2025. A stronger US dollar and ongoing inflation concerns have weighed on prices despite a projected supply deficit. Technical indicators show platinum near oversold territory, with key support at $1,624 and resistance around $1,731 and $1,812. Fundamentals Weigh on Platinum as […] Read more

European Gas Markets Seek Direction After US-Iran Jolt

June 29, 2026 8:35 am
Key Moments Dutch TTF futures fell to a two-month low before stabilizing, following the preliminary US-Iran peace framework. European gas prices remain about 10% above the same period last year and nearly 30% higher than before the late-February US-Iran conflict. Technical signals point to short-term volatility, with key price levels clustered between $40.00 and $45.90. […] Read more

Rupiah Slips as Geopolitics, Policy Worries Lift USD/IDR

June 29, 2026 8:17 am
Key Moments USD/IDR traded around 17,900 in Asian hours on Monday after two straight sessions of declines. Markets are focused on Indonesian data due Wednesday, including Manufacturing PMI, trade balance, and June inflation figures. Middle East tensions and a temporary US-Iran truce, alongside domestic governance concerns, are weighing on risk sentiment and the Rupiah. USD/IDR […] Read more

EUR/JPY Rises, But Downside Bias Holds Below 100-Day Average

June 29, 2026 7:31 am
Key Moments EUR/JPY is trading near 184.20 in early European hours on Monday while remaining below its 100-day simple moving average. Geopolitical uncertainty surrounding US-Iran talks and prospects of Japanese FX intervention are supporting demand for JPY. A daily close above the 100-day moving average at 184.55 is needed to ease bearish pressure, with initial […] Read more