August 28, 2026 9:07 am
Key Moments EUR/GBP pulled back from Thursday’s high just below 0.8580 and was last seen around 0.8570, still marginally higher on the week. Rabobank continues to project a move toward 0.8700 over a 3-month horizon, expecting a mildly positive bias for EUR/GBP later in the year. Key resistance remains at 0.8585, with important support clustered […]
Read moreAugust 28, 2026 8:56 am
Key Moments OCBC’s Christopher Wong maintains a constructive view on Silver, noting that ETF holdings and managed-money participation have been rising from previously light levels. Prices have been consolidating just under the 70.60-72 resistance band, with daily momentum still mildly positive but showing signs of fatigue and an RSI near overbought territory. A confirmed move […]
Read moreAugust 28, 2026 8:41 am
Key Moments ICE Brent settled up 2.1%, marking its first gain of the week amid fading prospects for renewed US-Iran negotiations. Oil shipments through the Strait of Hormuz have shown signs of gradually increasing, with assumed average flows of 5m b/d. Venezuela is weighing a departure from OPEC as relations with the US improve, potentially […]
Read moreAugust 28, 2026 7:48 am
Key Moments Vietnamese leaders pressed Qualcomm and Samsung to scale up investment in AI, semiconductors and R&D as part of a push to build a regional innovation hub. Qualcomm’s CEO said the company aimed to make its Vietnam operations its third-largest AI research and development hub worldwide. Samsung’s total exports from its mobile phone manufacturing […]
Read moreAugust 28, 2026 7:44 am
Key Moments PayPal (NASDAQ:PYPL) dropped 12.2% in after-hours trading to $53.97 after a potential buyout group ended its pursuit. A consortium led by Advent International and Stripe had proposed a $60.50 per-share offer, valuing PayPal at over $53 billion, which the board rejected. The end of deal talks removed a key driver of recent gains, […]
Read moreAugust 28, 2026 7:01 am
Key Moments USD/CAD trades roughly unchanged around 1.3850 during early European hours on Friday as participants await Kevin Warsh’s Jackson Hole remarks. Core PCE inflation met expectations, helping push September Fed rate hike odds to 40% from 36% prior to the data. Canada’s latest retaliatory tariffs, including 50% levies on US copper wire and wood […]
Read moreAugust 28, 2026 6:53 am
Key Moments NZD/USD trades near 0.5960 in Friday’s Asian session, supported by a hawkish Reserve Bank of New Zealand outlook. BNZ analysts anticipate a 25 bps RBNZ rate hike in September to 2.75%, with markets pricing the move at 94%. Federal Reserve Chair Kevin Warsh’s upcoming Jackson Hole remarks are in focus as a potential […]
Read moreAugust 28, 2026 6:22 am
Key Moments Gold (XAU/USD) trades below $4,600 in early European dealings, retreating from a three-month high. July core PCE inflation held at 3.3% YoY, lifting market expectations for a September Federal Reserve rate hike to 40%. Iran said it is preparing conditions for reopening the Strait of Hormuz, potentially easing oil-driven inflation risks and limiting […]
Read moreAugust 27, 2026 2:10 pm
Key Moments First Solar shares climbed 4.3% in pre-open trading after BMO Capital raised its rating to Outperform and lifted its price target to $263 from $237. BMO’s positive stance centers on the new Section 232 tariff and minimum import price policy, which sets a $0.38-per-watt floor on imported modules and a 15% ad valorem […]
Read moreAugust 27, 2026 2:00 pm
Key Moments Moody’s upgraded Sandisk Corporation’s corporate family rating to Ba1 from Ba2, with a stable outlook. Sandisk reported zero funded debt and $4.8 billion in cash as of July 2026, supporting the higher rating. Moody’s projects revenues to grow at over 45% annually and free cash flow to approach $20 billion annually over the […]
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