April 24, 2026 11:35 am
Key Moments Intel’s CPU demand from AI service providers was so strong in the first quarter that it sold previously written-off inventory. The stock jumped 28% to $85 in premarket trading, set to exceed its dot-com era record and potentially add more than $90 billion in market value. At least 14 brokerages raised Intel’s price […]
Read moreApril 24, 2026 8:36 am
Key Moments Commerzbank’s Tatha Ghose expects the CBR to deliver a 50bp rate cut, while acknowledging a pause is possible due to rising inflation and global price risks. Further easing is viewed as a wartime compromise, with the central bank likely to adopt a less dovish tone in light of a deteriorating global inflation outlook. […]
Read moreApril 24, 2026 7:41 am
Key Moments USD/CHF rises for a fourth straight session. It trades near 0.7870 during Asian hours on Friday. Safe-haven demand increases due to US-Iran tensions and Middle East uncertainty. As a result, the US Dollar gains support. US data stays strong, while Swiss trade surplus narrows. Together, these factors shape USD/CHF direction and SNB expectations. […]
Read moreApril 24, 2026 5:52 am
Key Moments: WTI crude traded near 95.60 during Asian hours on Friday. It recovered after opening lower. Supply concerns grew as US-Iran talks stalled. Meanwhile, the Strait of Hormuz stayed closed and US forces intercepted two Iranian supertankers. Analysts warn that prolonged disruptions could push global inventories below five-year seasonal lows by late May or […]
Read moreApril 23, 2026 12:25 pm
Key Moments The rupee closed at 94.11 per dollar (provisional) on Thursday, down 33 paise and marking its fourth straight session of losses. Since April 17, the currency has weakened by 120 paise, or nearly 1.3%, amid rising crude prices, equity selling, and foreign fund outflows. Brent crude traded 1.88% higher at $103.83 per barrel, […]
Read moreApril 23, 2026 10:09 am
Key Moments Lululemon Athletica (NASDAQ:LULU) stock fell nearly 4% in premarket trading after the company unveiled Heidi O’Neill as its incoming Chief Executive Officer. O’Neill is scheduled to take over as CEO and join the Board on September 8, 2026, following a search that began after the prior CEO’s departure in January. Barclays expects O’Neill’s […]
Read moreApril 23, 2026 9:07 am
Key Moments Commerzbank’s Antje Praefcke expects EUR/USD to trade sideways amid elevated uncertainty. Geopolitical tensions in the Middle East and unclear Federal Reserve leadership are cited as key drivers. Praefcke perceives a modest bias in favor of a stronger US Dollar in the near term. Sideways Trading Expected in EUR/USD Commerzbank strategist Antje Praefcke anticipates […]
Read moreApril 23, 2026 8:09 am
Key Moments Tesla lifted its 2026 capital expenditure outlook to more than $25 billion, up from a prior forecast of over $20 billion. The company reported first-quarter free cash flow of $1.44 billion, defying expectations for a $1.43 billion cash burn. Tesla plans to ramp volume production of its fully autonomous Cybercab this year and […]
Read moreApril 23, 2026 7:14 am
Key Moments AUD/USD trades about 0.24% lower near 0.7145 in Asian hours after early gains faded amid risk-off sentiment. Risk appetite deteriorates following reported Iranian attacks on three ships in the Strait of Hormuz, lifting oil price concerns. Australia’s flash Composite PMI for April rises back above the 50.0 expansion threshold to 50.1 from 46.6 […]
Read moreApril 23, 2026 6:31 am
Key Moments GBP/USD has stayed subdued around 1.3500 for a third consecutive session, slipping below an ascending channel on the daily chart. The pair is testing immediate support at the nine-day EMA of 1.3493, with the 50-day EMA at 1.3427 as the next downside level. A recovery toward the recent two-month high at 1.3599 could […]
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