September 15, 2026 12:16 pm
Key Moments Sysco Corporation stock is down 1.3% in pre-market trading at $82.49 following the announcement of a $1.0 billion common stock offering. The 12,345,679-share offering is priced at $81.00 per share, roughly 3% below the prior close of $83.54, and is expected to close on September 16. The equity raise, pause in share repurchases, […]
Read moreSeptember 15, 2026 10:17 am
Key Moments Citi reduced gold exposure in its GMS portfolio and broader asset allocation after reassessing Federal Reserve policy expectations. The bank had previously added long gold spot positions based on an anticipated dovish Fed stance and a potential US Treasury buyback announcement. A more hawkish Fed repricing, rising energy prices, and expectations for a […]
Read moreSeptember 15, 2026 10:00 am
Key Moments Wells Fargo said a coordinated global pause in frontier AI development appears unlikely, despite recent safety-focused appeals from industry leaders. The bank argued that any AI slowdown is more likely to stem from supply-side bottlenecks such as permits, power, and local opposition than from deliberate efforts to curb demand. Wells Fargo highlighted selected […]
Read moreSeptember 15, 2026 9:27 am
Key Moments Copper is trading at $6.39, sitting below the 20, 50, and 200-period simple moving averages while testing key support between $6.35 and $6.40. Momentum indicators show pressure but also strain, with MACD at -0.0837, RSI at 32.27, and Money Flow Index at 26.71 signaling increasingly oversold conditions. Bearish and bullish trade setups show […]
Read moreSeptember 15, 2026 8:25 am
Key Moments A major union representing Micron workers in Taiwan warned it may advance toward a strike vote if no concrete profit-sharing proposal is presented on September 18 and 21. The union is demanding a permanent, transparent profit-sharing framework allocating 15% of Micron’s operating profit to employees worldwide. Micron announced fiscal 2026 cash rewards for […]
Read moreSeptember 15, 2026 8:14 am
Key Moments USD/IDR traded around 17,730 during Asian hours on Tuesday, marking a fourth straight session of gains. Money markets priced in over a 92% probability of a U.S. Federal Reserve rate hike this week, up from about 60% a week earlier, according to the CME FedWatch Tool. Indonesia’s August headline inflation accelerated to 3.19% […]
Read moreSeptember 15, 2026 6:36 am
Key Moments Bitcoin (BTC) trades around $78,000 on Tuesday, holding a roughly 2% rebound from the prior session while staying above key daily EMAs. Zcash (ZEC) and Stellar (XLM) rank among the strongest performers over the last 24 hours, with ZEC following a 9% rise and XLM adding 2% on Tuesday. Market volatility remains elevated […]
Read moreSeptember 15, 2026 6:13 am
Key Moments AUD/USD trades lower for a second session, stuck below the mid-0.7100s despite a modest prior rebound. Mixed Chinese data on Retail Sales, Fixed Asset Investment, and Industrial Production fails to lift the China-sensitive Australian Dollar. Firm USD ahead of the FOMC decision and elevated US yields weigh on AUD/USD, while RBA hike expectations […]
Read moreSeptember 15, 2026 5:41 am
Key Moments The People’s Bank of China set Tuesday’s USD/CNY central parity rate at 6.7670. The new fixing compares with the previous session’s rate of 6.7698. A Reuters estimate for the reference rate stood at 6.7051. Updated USD/CNY Reference Rate The People’s Bank of China (PBOC) set the central USD/CNY reference rate for Tuesday’s trading […]
Read moreSeptember 14, 2026 1:45 pm
Key Moments Oracle Corp (NYSE:ORCL) has started a new round of layoffs, with some teams facing double-digit percentage reductions, according to an internal document cited in the report. The company reduced its workforce by 21,000 employees, or 13%, in the 2026 fiscal year that ended May 31, bringing headcount to about 141,000 before the latest […]
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