June 18, 2026 6:13 am
Key Moments The People’s Bank of China set the USD/CNY central parity rate at 6.8130 for Thursday’s session. The new fixing compared with the previous day’s central rate of 6.8096. The official fixing differed from a 6.7752 reference level cited as a Reuters estimate. Updated USD/CNY Central Parity Fix On Thursday, the People’s Bank of […]
Read moreJune 17, 2026 1:07 pm
Key Moments Micron Technology shares rose around 2.7% in premarket trading after Deutsche Bank and Citi boosted their price targets. Deutsche Bank now sees DRAM supply tightness potentially lasting well into 2028 and beyond, even with recent capacity additions. Citi projects DRAM average selling prices to jump 200% in 2026, with spot prices already 52% […]
Read moreJune 17, 2026 12:39 pm
Key Moments Corn futures posted early Wednesday gains of 5 to 6 cents after ending Tuesday’s trade mixed across contract months. Weekly U.S. corn condition ratings edged up to 68% good-to-excellent, with notable regional shifts in key producing states. Traders are awaiting EIA data, watching for an uptick in ethanol production for the week ending […]
Read moreJune 17, 2026 11:54 am
Key Moments Robinhood is eliminating roughly 290 full-time positions, or about 10 per cent of its staff, in a move CEO Vlad Tenev describes as part of building a “high performance culture.” The cuts are expected to free up approximately $77 million per year in cash-equivalent compensation and about $108 million including equity, against roughly […]
Read moreJune 17, 2026 10:15 am
Key Moments WTI crude traded near $75.60 in European hours on Wednesday. The market showed little direction. Traders priced in a possible US-Iran interim deal. However, uncertainty around Hormuz traffic limited downside. Middle East crude benchmarks weakened. In addition, several grades moved into contango. WTI Stays Under Pressure as Supply Outlook Shifts West Texas Intermediate […]
Read moreJune 17, 2026 8:40 am
Key Moments Brent crude has dropped to about $78/bbl, marking a three-month low and a fourth straight daily decline. Deutsche Bank cites reports of a 14-point US-Iran peace framework, including export waivers and reopening of the Strait of Hormuz, as the key driver of the move. The pullback in oil prices has supported European, energy-sensitive […]
Read moreJune 17, 2026 8:29 am
Key Moments Dogecoin (DOGE) attempts to clear resistance at $0.088, a level that previously capped gains on Monday. Shiba Inu (SHIB) trades around $0.0000050 after stalling at a key ceiling, with potential downside toward $0.0000043 if selling resumes. Pepe (PEPE) extends its advance for a sixth straight session, holding above $0.0000029 and eyeing resistance at […]
Read moreJune 17, 2026 7:16 am
Key Moments Gold (XAU/USD) trades above $4,300 but stays below its weekly high and the 200-day SMA as traders wait for the FOMC outcome. An interim US-Iran peace framework weighs on the safe-haven USD, giving gold some support despite a generally bearish tone. Markets are pricing roughly a 60% probability of a 25 bps Fed […]
Read moreJune 17, 2026 7:05 am
Key Moments Bitcoin trades just below $66,000 on Wednesday, facing resistance from multiple key EMAs between about $70,300 and $78,300. Uniswap extends its recovery for a seventh straight session, trading above $3.00 and challenging a resistance trendline near $3.50. Worldcoin advances for five consecutive days, holding above major EMAs and approaching the $0.70 area with […]
Read moreJune 17, 2026 6:19 am
Key Moments NZD/USD maintains a second day of gains, trading with a positive tone but staying below the mid-0.5800s during the Asian session. Improved New Zealand current account data and the RBNZ’s hawkish projections provide support for the New Zealand Dollar. Traders turn cautious ahead of the FOMC outcome, which is expected to keep rates […]
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