August 18, 2026 10:48 am
Key Moments Wells Fargo reported that Carvana Co (NYSE:CVNA) is sustaining market share gains and production improvements after meeting with the company’s investor relations team. Northeast and Midwest retail units grew 54% in the second quarter, outpacing the company average growth rate of 38%. Wells Fargo raised its fiscal 2026 and 2027 EPS estimates for […]
Read moreAugust 18, 2026 9:04 am
Key Moments RBI shut its concessional FCNR(B) FX swap facility on 31 August, one month before the original 30 September deadline, after attracting USD52.3bn as of 13 August. The early closure removes a channel of rupee liquidity and government bond demand, following substantial inflows and rising liquidity and balance-sheet costs. USD/INR rose 0.2% to 95.61 […]
Read moreAugust 18, 2026 8:25 am
Key Moments GBP/JPY trades around 216.00 as the cross records a third straight day of gains despite mixed UK labor data. UK ILO Unemployment Rate held at 4.9% in the three months to June, missing expectations for a drop to 4.8%. Soft Japanese GDP figures have weighed on the Yen, complicating prospects for faster Bank […]
Read moreAugust 18, 2026 8:00 am
Key Moments AUD/USD slips after an early Asian-session rise, holding just above 0.7100 and retreating from its highest level since June 5. The U.S. Dollar finds support from oil-driven inflation concerns and ongoing U.S.-Iran tensions, limiting Australian Dollar gains. RBA’s hawkish stance and upcoming FOMC Minutes remain key drivers for AUD/USD, with the pair still […]
Read moreAugust 18, 2026 7:42 am
Key Moments AUD/JPY trades near 113.40 in early European hours on Tuesday, holding above its 100-day simple moving average with bullish RSI momentum. Market focus remains on Japan’s fiscal stance and elevated energy costs, while traders await Australian employment data scheduled for release on Thursday. Overnight index swaps imply around an 80% chance of a […]
Read moreAugust 18, 2026 7:38 am
Key Moments XRP trades below $1 and key moving averages on Tuesday, maintaining a near-term bearish tone. XLM holds under $0.157 and all major EMAs, extending its corrective slide with weak technical momentum. Derivatives and on-chain indicators present mixed readings with a slight bearish skew, limiting upside prospects for both tokens. Market Overview: XRP and […]
Read moreAugust 18, 2026 6:52 am
Key Moments: The Japanese Yen trades near 159.50 per US Dollar, hovering close to a two-week low despite expectations for tighter BoJ policy. Markets are pricing roughly an 80% chance of a 25 basis point BoJ rate hike at the September meeting, even after weaker-than-expected Q2 GDP. Investors are focused on upcoming FOMC minutes after […]
Read moreAugust 18, 2026 6:33 am
Key Moments NZD/USD eased to around 0.5895 during Tuesday’s Asian session, slipping below the 0.5900 level. China’s July Retail Sales rose 0.6% YoY and Industrial Production increased 4.5% YoY, both undershooting forecasts. Market pricing shifted to a near-65% probability of the Fed holding rates in September after softer U.S. data. China Slowdown Pressures NZD in […]
Read moreAugust 18, 2026 6:19 am
Key Moments XAG/USD trades around $65.60 per troy ounce after two days of gains, pressured by heightened US-Iran tensions.
Read moreAugust 18, 2026 5:53 am
Key Moments The People’s Bank of China (PBOC) set Tuesday’s USD/CNY central parity rate at 6.7905. The new fixing compares with the previous session’s central rate of 6.7873. The latest fixing diverged from a 6.7452 USD/CNY estimate cited from Reuters. PBOC Adjusts Daily USD/CNY Reference Rate The People’s Bank of China (PBOC) set the central […]
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