September 28, 2026 6:15 am
Key Moments AUD/USD is trading just above 0.7000, hovering near its weakest level since August 4 ahead of Tuesday’s RBA meeting. Expectations for a 25-basis-point RBA hike coincide with firm Fed hike bets, elevated U.S. yields, and geopolitical tensions. Technical indicators point to a bearish structure, with a potential break below 0.7000 targeting support at […]
Read moreSeptember 28, 2026 5:56 am
Key Moments Gold (XAU/USD) traded down to about $4,215 in early Asian hours on Monday amid renewed US Dollar strength. Comments from several Federal Reserve officials reinforced expectations for higher-for-longer US interest rates after September’s quarter-point hike. Technical signals remain bearish, with XAU/USD holding below the 100-day SMA and hugging lower Bollinger band support near […]
Read moreSeptember 28, 2026 5:46 am
Key Moments USD/CAD has risen for six straight sessions, trading near 1.4150 during Asian hours on Monday. The Bank of Canada held its policy rate at 2.25% in September, reinforcing expectations of a wider US-Canada rate gap. Money markets are assigning a 65.9% probability to an additional Federal Reserve rate hike at the October meeting. […]
Read moreSeptember 28, 2026 5:35 am
Key Moments The People’s Bank of China set the USD/CNY central parity rate at 6.7399 for the upcoming Thursday session. The new fixing compared with the previous Thursday’s reference rate of 6.7489. The latest fixing level contrasted with a Reuters estimate of 6.7085. Updated USD/CNY Central Parity Setting On Monday, the People’s Bank of China […]
Read moreSeptember 25, 2026 1:35 pm
Key Moments Bernstein reaffirmed its Outperform rating and $370 price target on Apple while cautioning about downside risk to December-quarter margins and EPS. The firm lowered its fiscal first-quarter EPS estimate to $2.87 from $3.00, now sitting 2% below the $2.92 consensus. Rising DRAM and NAND costs are estimated to account for about 90% of […]
Read moreSeptember 25, 2026 1:25 pm
Key Moments Estimated daily cattle slaughter fell to 90,000 head from 107,000 head a week earlier, according to the US Department of Agriculture. CME December live cattle settled at 222.100 cents per pound, while October feeder cattle closed at 331.750 cents per pound. The total US hog inventory as of September 1 was 74.3 million […]
Read moreSeptember 25, 2026 12:32 pm
Key Moments Microsoft introduced new Copilot features, including a natural language-based coding tool and an always-on AI agent. Word, Excel, and PowerPoint are being integrated directly into Copilot to enable collaborative work without switching applications. New cost-management tools were unveiled to give enterprises clearer visibility into AI-related spending. Expanded Copilot Capabilities Target Office Workflows Microsoft […]
Read moreSeptember 25, 2026 12:26 pm
Key Moments Comcast (NASDAQ:CMCSA) slipped 1.6% in pre-market trading to $21.77 following two bearish analyst updates released the prior evening. KeyBanc shifted its rating to Underweight with an $18 price target, while Citi cut its target to $27.50 but kept a Buy rating. Shares are being pressured by broadband subscriber losses, weaker earnings expectations, and […]
Read moreSeptember 25, 2026 11:58 am
Key Moments Nike Inc shares fall 2.0% in pre-market trading after a BofA Securities downgrade to Underperform and a price target cut to $30 from $47 BofA and Needham reduced fiscal 2027 and 2028 EPS forecasts, with BofA now 14% below Street consensus and flagging a dividend payout ratio above 100% Options pricing implies about […]
Read moreSeptember 25, 2026 9:31 am
Key Moments The National Bank of Hungary (MNB) kept its base rate at 5.50% while revising its medium-term inflation target down to 2.5%. MNB raised its 2027 inflation forecast to 3.1% and now sees the new 2.5% target being reached on a sustained basis only by mid-2028. Commerzbank’s Tatha Ghose warns that the Forint’s recovery […]
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