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PBOC Trims Daily Yuan Fix, Sets USD/CNY at 6.7670

September 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 more

Oracle Cuts Jobs Amid Massive AI Infrastructure Push

September 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 […] Read more

WTI Crude Climbs as Middle East Supply Jitters Intensify

September 14, 2026 1:05 pm
Key Moments WTI futures on NYMEX trade nearly 3% higher, hovering just above $99.50 in the European session on Monday. A precautionary shutdown of a major Saudi pipeline and the delay of a Gulf shipping corridor meeting have lifted crude prices. WTI spot at $99.45 remains firmly above the 20-day EMA at $89.92, with RSI […] Read more

Euro Slides vs Canadian Dollar as Oil and Fed Bets Shift

September 14, 2026 11:34 am
Key Moments EUR/CAD trades near 1.6030, extending losses after erasing gains from the previous session during European hours on Monday. US CPI for August rose 0.4% month-on-month and 3.4% year-on-year, lifting market-implied odds of a Fed rate hike to 87% from 59% a week earlier. Elevated crude prices and a major Saudi pipeline shutdown bolster […] Read more

Intel Shares Drop as AI Safety Debate Sparks Broad Chip Sell-Off

September 14, 2026 11:04 am
Key Moments Intel Corporation stock fell 6.4% in pre-market trading after an essay urging a slowdown in frontier AI development triggered selling across semiconductor and AI-linked names. The move pushed Intel shares from a prior close of $102.94 to $96.40 in pre-open activity, amid wider declines in the Nasdaq and S&P 500. Investor concerns about […] Read more

RBI FX Firepower Meets Waning Rupee Carry Advantage

September 14, 2026 9:10 am
Key Moments India’s foreign exchange reserves increased by $44.9bn to reach a record $785.7bn in the week ended 4 September. Societe Generale strategists see the larger reserve stockpile giving the RBI greater capacity to manage volatility and support the INR. A narrowing 10y IGB-UST yield spread to around 200bp and higher oil prices are eroding […] Read more

Chevron Eyes Wider LNG Footprint Amid Supply Shocks

September 14, 2026 8:45 am
Key Moments Chevron expects about 20 million metric tons per annum of LNG supply capacity, combining 16 million tons of net production and 4 million tons from U.S. Gulf Coast contracts. The company is evaluating new LNG growth in Argentina, the eastern Mediterranean, Australia, and Africa while weighing more than $7 billion of planned investment […] Read more

AUD/JPY Holds Near 110 as BoJ and RBA Paths Take Focus

September 14, 2026 8:17 am
Key Moments AUD/JPY trades nearly unchanged around 110.10 in early European hours on Monday. Markets expect the Bank of Japan to lift its policy rate to 1.25% at its September meeting, a level last seen in April 1995. Technical signals stay bearish below the 100-day moving average, with key downside support at 109.70. Cross Steady […] Read more

Swiss Franc Slides as USD/CHF Rises on Fed Hike Bets

September 14, 2026 7:48 am
Key Moments USD/CHF trades around 0.8180 in Asian hours, extending its advance for a fourth straight session. Markets price in an 87% probability of a 25 bp Fed rate hike after August CPI rose 0.4% MoM and 3.4% over 12 months. The Swiss Franc underperforms as carry-trade flows and expectations of an unchanged 0% SNB […] Read more

Euro Retreats as U.S. Inflation Lifts Fed Hike Bets

September 14, 2026 7:38 am
Key Moments EUR/USD declines 0.28% to around 1.1565 during the European session, approaching a four-week low. U.S. August CPI data show headline inflation steady at 3.4% YoY, while monthly gains accelerate, reinforcing hawkish Fed expectations for September. The ECB raises rates as anticipated but offers no guidance on the future policy path, leaving investors without […] Read more