August 13, 2026 7:34 am
Key Moments AUD/JPY trades around 112.35 in early European dealings, maintaining a short-term bearish tone below the 100-day SMA. Market focus remains on potential Japanese authorities’ intervention and upcoming comments from RBA Governor Michele Bullock on Friday. Key levels include resistance at 112.70 and 112.90, with downside support at 111.63, 110.77, and the 110.00 Bollinger […]
Read moreAugust 13, 2026 6:51 am
Key Moments USD/JPY traded nearly unchanged around 159.40 during Thursday’s Asian session, with gains seen as constrained by intervention risks. Market participants monitored the 160.00 level closely as a potential trigger for renewed coordinated or unilateral JPY-buying operations. BoJ policymakers debated accelerating rate hikes amid upside inflation risks, while US PPI data for July was […]
Read moreAugust 13, 2026 6:26 am
Key Moments USD/CAD traded around 1.3940 in Asian dealings on Thursday, consolidating after minor gains in the prior session. July U.S. headline CPI rose 3.4% year-on-year and core CPI 2.5%, both matching forecasts and cooling expectations for near-term Fed rate hikes. Oil price weakness, driven by reduced 2026 demand projections from OPEC and the IEA, […]
Read moreAugust 13, 2026 6:06 am
Key Moments The People’s Bank of China set the USD/CNY central parity at 6.7888 for Thursday’s session, slightly above the prior fix of 6.7882. The new fixing compared with a 6.7470 reference estimate cited from Reuters. The PBoC continues to rely on multiple policy tools, with the Loan Prime Rate serving as China’s key benchmark […]
Read moreAugust 12, 2026 2:24 pm
Key Moments Corn futures are trading 3 to 4 cents higher on Wednesday morning, supported by strong gains in wheat. Condition ratings in Monday’s Crop Progress report held steady at 61% good to excellent, with notable regional deterioration and improvement across several states. Analysts surveyed by Reuters expect U.S. corn yield at 182.4 bushels per […]
Read moreAugust 12, 2026 1:38 pm
Key Moments Cisco is scheduled to report fiscal Q4 earnings after the close on August 12, 2026, with consensus calling for $16.82B in revenue and $1.17 in EPS. The market is focused on whether management raises its AI order outlook above $9B and guides FY27 revenue growth into the low-teens versus the Street’s 9.5% expectation. […]
Read moreAugust 12, 2026 10:27 am
Key Moments BofA maintained its Buy rating on Intel Corporation (INTC) while lowering its price objective to $145 from $160, implying roughly 48% upside from the $97.71 close. The $20 billion equity offering, equal to 210.5 million shares at $95, was multiple times oversubscribed despite an expected 4-5% dilution to existing shareholders. BofA projects Intel’s […]
Read moreAugust 12, 2026 10:05 am
Key Moments Norges Bank kept its key policy rate at 4.25% in June while projecting the year-end rate at just over 4.5%. Recent mixed July inflation figures and persistently strong price pressures point to an unchanged rate decision tomorrow. A possible hike is viewed as more likely in September, when updated forecasts will be available […]
Read moreAugust 12, 2026 9:27 am
Key Moments Benchmark Dutch front-month futures rose 3.3% to 60 euros per megawatt-hour, hovering near their highest level since July 24. EU gas storage sites stood at 59.12% of capacity, a historically low level for August that is raising concerns about winter preparedness. The European gas market remained in backwardation, reducing incentives for utilities to […]
Read moreAugust 12, 2026 9:14 am
Key Moments Copper is trading at $6.6673, confined between 20-period SMA resistance at $6.6493 and SuperTrend support at $6.5825. Price remains 5% above the 200-SMA at $6.3583, while a bearish MACD crossover and lower highs from the $6.8665 peak weigh on the short-term outlook. Key decision zone is the $6.58-$6.75 band, with invalidation levels at […]
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