June 8, 2026 12:26 pm
Key Moments: Roughly half a million tonnes of copper has accumulated in U.S. warehouses, with around two-thirds of CME stocks concentrated in New Orleans. Since early 2025, CME copper inventories have surged to about 541,000 short tons (roughly 491,000 tonnes), turning the U.S. into the primary exchange-storage hub. The U.S. Commerce Department’s June 30 update […]
Read moreJune 8, 2026 10:24 am
Key Moments EU natural gas use rose 2.8% year-on-year in April to 23 billion cubic meters. U.S. gas use fell 1.6% year-on-year to 65.5 billion cubic meters in the same month. The GECF linked EU demand growth to colder weather. It linked U.S. decline to weaker industry. EU Gas Demand Rises in April Natural gas […]
Read moreJune 8, 2026 9:27 am
Key Moments BTC/USD is trading at $63,228 on the 1-hour chart, sitting just below a key resistance zone at $63,447. Momentum indicators are turning cautious, with a MACD bearish crossover and declining volume as price inches higher. Defined trade setups outline bullish, conservative, and breakdown strategies, while $62,800–$63,400 is flagged as a no-trade compression range. […]
Read moreJune 8, 2026 8:48 am
Key Moments European semiconductor names, including ASML and ASM International, dropped between 1% and 3% in a third consecutive session of declines. Broadcom’s announcement that demand for its custom AI chips missed high expectations and that its fiscal 2027 AI revenue goal remains at $100 billion continued to pressure the sector. The PHLX semiconductor index […]
Read moreJune 8, 2026 8:08 am
Key Moments USD/IDR touched an all-time high of 18,210 and was last trading near 18,200, extending gains for a fifth straight session. Bank Indonesia’s foreign exchange reserves fell by $1.3 billion in May to $144.9 billion, the lowest level in nearly two years and equal to 5.6 months of imports. Stronger US labor market data […]
Read moreJune 8, 2026 7:50 am
Key Moments USD/CHF advanced for a second straight session, trading near 0.7970 during Asian hours on Monday. Heightened Middle East tensions and stronger US jobs data supported demand for the US Dollar. Swiss May inflation of 0.6% missed the 0.8% forecast, curbing expectations for future SNB rate hikes. USD/CHF Supported by Risk Aversion USD/CHF extended […]
Read moreJune 8, 2026 7:14 am
Key Moments AUD/USD trades near the mid-0.7000s after rebounding from a nearly two-month low around 0.7025-0.7020, with upside momentum still limited. Geopolitical tensions, higher Crude Oil prices, and expectations for a potential Fed rate hike in 2026 continue to support the US Dollar. The pair stays below its 100-day SMA and the 50% Fibonacci retracement […]
Read moreJune 8, 2026 6:24 am
Key Moments NZD/USD trades near 0.5810 in Asian hours after falling more than 1% in the prior session. Easing risk aversion pressures the US Dollar as geopolitical tensions persist in the Middle East. Markets continue to price in a July rate hike from the Reserve Bank of New Zealand with the OCR seen peaking around […]
Read moreJune 8, 2026 5:47 am
Key Moments Gold (XAU/USD) traded near $4,345 in early Asian dealings on Monday after rebounding from recent losses. Stronger-than-expected US Nonfarm Payrolls of 172K in May reduced expectations for imminent Federal Reserve rate cuts. Heightened Middle East tensions, including fresh Iranian threats of retaliation, continued to shape safe-haven sentiment. Gold Edges Higher in Early Asian […]
Read moreJune 5, 2026 2:27 pm
Key Moments Booking Holdings Inc. shares are trading 2.0% higher in the morning session at $170.79, defying broader U.S. equity market declines. Priceline’s upgraded AI travel assistant, powered by Anthropic’s Claude, has cut user planning time by nearly 10 minutes per trip versus traditional support. Investors remain supported by BKNG’s $0.42 quarterly dividend ex-date and […]
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