December 19, 2025 7:05 am
Key Moments On Friday, the People’s Bank of China set the USD/CNY central parity at 7.0550. Previously, the reference rate stood at 7.0583. Meanwhile, the central bank relies on several policy tools, including the Loan Prime Rate. Latest USD/CNY Central Parity Setting On Friday, the People’s Bank of China (PBOC) set the USD/CNY reference rate […]
Read moreDecember 18, 2025 2:55 pm
Key Moments Wolfe Research flags deteriorating technicals across major cryptocurrencies, with many trading below key moving averages and near 52-week lows. Analyst Rob Ginsberg highlights Bitcoin and Ethereum breakdowns, pointing to potential support tests around $75,000 for BTC and $2,600 for ETH. Wolfe expects continued Bitcoin outperformance versus altcoins and sustained pressure on crypto-related equities, […]
Read moreDecember 18, 2025 1:54 pm
Key Moments Australia increased its forecast for 2024-2025 resource export earnings by 4% to A$383 billion. Gold export earnings are projected to rise to A$69 billion in 2025–2026 and A$74 billion in 2026–2027. Iron ore is expected to remain Australia’s top resource export, contributing about one quarter of resource and energy export earnings over the […]
Read moreDecember 18, 2025 12:47 pm
Key Moments EUR/USD is trading above 1.1700 while markets await the European Central Bank policy announcement. The ECB is widely anticipated to maintain its main rate at 2.00% for a fourth consecutive meeting. Comments from ECB President Christine Lagarde on the outlook for future rate hikes are seen as pivotal for the euro’s near-term performance. […]
Read moreDecember 18, 2025 9:46 am
Key Moments Elliott Investment Management has built a stake exceeding $1 billion in Lululemon Athletica (NASDAQ:LULU), according to a report. Lululemon shares rose 4.5% in premarket trading on Thursday by 04:19 ET following the news. The activist investor is supporting a potential CEO candidate as the company prepares for Chief Executive Calvin McDonald to step […]
Read moreDecember 18, 2025 9:13 am
Key Moments EUR/GBP traded around 0.8785 in early European dealings on Thursday, with the Euro outperforming the Pound. Markets fully priced in a Bank of England rate cut to 3.75% on Thursday, following weaker-than-expected UK inflation data. The European Central Bank was expected to keep its key policy rate unchanged, as conviction grew that rate […]
Read moreDecember 18, 2025 8:21 am
Key Moments JPMorgan sees strong upside potential for selected European capital goods stocks in 2026. Order backlogs, margin expansion, and strategic positioning drive this view. Specifically, Siemens Energy, Alstom, Siemens, Sandvik, and IMI stand out for solid earnings growth, strong free cash flow, and attractive valuations. Large backlogs support revenue visibility. Alstom exceeds €95 billion, […]
Read moreDecember 18, 2025 7:03 am
Key Moments Dogecoin fell 4% on Wednesday and continued trading lower on Thursday, extending losses for a third straight week. Large wallets holding 100 million to 1 billion DOGE reduced their balances to 34.77 billion from 36.14 billion since December 1, while the share of supply in profit fell to 50.70%. Bearish derivatives positioning increased, […]
Read moreDecember 17, 2025 2:31 pm
Key Moments Cocoa futures in New York rose 0.9% on Wednesday, marking a second straight session of gains. Citigroup Inc. reduced its global cocoa oversupply forecast by 41% to 79,000 tons for the current season. Traders monitored both the smaller projected surplus and potential index-related buying as support for prices. Market Reaction to Tighter Surplus […]
Read moreDecember 17, 2025 1:16 pm
Key Moments U.S. retail forex deposits decreased 1.1% in October 2025 to $499.9 million, marking a second straight monthly decline. GAIN Capital remained the largest U.S. forex platform with $215.4 million in deposits, while Interactive Brokers saw the sharpest monthly drop at 10.5%. tastyfx recorded a 5.3% monthly increase in deposits, contrasting with broader industry […]
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