August 26, 2026 5:52 am
Key Moments The People’s Bank of China (PBOC) set the USD/CNY central parity rate at 6.7829 for Wednesday’s session. The new fixing compared with the prior day’s central rate of 6.7852. The latest fixing contrasted with a 6.7166 USD/CNY estimate reported by Reuters. Midpoint Setting for USD/CNY On Wednesday, the People’s Bank of China (PBOC) […]
Read moreAugust 25, 2026 2:07 pm
Key Moments Wheat futures across Chicago, Kansas City, and Minneapolis traded lower early Tuesday after a mostly weaker close on Monday. U.S. spring wheat harvest reached 62% completion by Sunday, running 10% ahead of the typical pace with a 21% weekly advance. Weekly wheat export inspections totaled 425,668 MT, down 17.24% from the prior week […]
Read moreAugust 25, 2026 1:47 pm
Key Moments Intel Corporation rose 3.6% in pre-open trading, supported by strength in rival AMD after an analyst upgrade. Nancy Pelosi disclosed purchases of 10,000 Intel shares and 50 Intel call options, drawing fresh attention to the stock. The pre-market move followed a sharp decline after Intel’s $23 billion secondary equity offering priced at $95 […]
Read moreAugust 25, 2026 1:26 pm
Key Moments Tesla closed a -2.94% session at $352.06 after trading between $363.41 and $348.17, highlighting a controlled pullback rather than a sharp breakdown. The 200-day SMA at $385.85 stands as a key technical dividing line between a still-developing recovery and a confirmed bullish trend. Binance derivatives data shows top traders 75% long with positive […]
Read moreAugust 25, 2026 12:01 pm
Key Moments META trades at $565.69 after a 2.38% intraday gain, still capped beneath the 20-day and 50-day moving averages at $575.85 and $599.97 Binance futures positioning shows a strong long bias, with top traders at a 3.68:1 long-to-short ratio and open interest rising 5.48% to $34.7M Primary bullish scenario targets a move toward $599–$600 […]
Read moreAugust 25, 2026 11:29 am
Key Moments Citi raised 3-month and 12-month price targets for corn, soybeans, and wheat, citing rising agricultural risks linked to a strengthening Super El Niño. NOAA’s August 2026 update assigns a greater than 90% probability of a very strong El Niño event and a 69% chance it surpasses all events since 1950 during October-December. Citi […]
Read moreAugust 25, 2026 10:48 am
Key Moments Societe Generale strategists expect the MNB to deliver a 25 bp rate cut to 5.50%, supported by dovish July minutes and softer inflation. EUR/HUF has retreated to around 362 after failing near 368, with initial support identified at 359/358 and resistance around the 200-day moving average near 371. Societe Generale’s EM team projects […]
Read moreAugust 25, 2026 9:14 am
Key Moments Brent crude futures declined to $91.82 a barrel and U.S. WTI to $84.60, both hitting their weakest levels in about a week by 0810 GMT. Investors viewed fresh U.S. sanctions measures against Iran as less threatening to near-term oil supply than a potential military escalation. Physical supply risks lingered, with a tanker hit […]
Read moreAugust 25, 2026 9:11 am
Key Moments European benchmark gas contracts traded near flat after a recent 7% weekly surge to the highest levels since mid-March. New U.S. sanctions on Iran reinforced existing restrictions but did not produce immediate disruptions to physical energy flows. EU gas storage stood at just over 60% of capacity, with replenishment hindered by strong power […]
Read moreAugust 25, 2026 9:03 am
Key Moments Commerzbank’s analysis finds the Swiss Franc (CHF) is the only G10 currency overvalued against the US dollar by more than 10% based on OECD purchasing power parity. Switzerland’s overall export market share gains since 2019 disappear once precious metals are excluded, revealing losses in core industries. Medicines and chemicals have seen broad-based market […]
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