August 10, 2026 12:16 pm
Key Moments Societe Generale highlights that copper trading has become heavily influenced by U.S. Section 232 tariffs, reshaping the COMEX-LME arbitrage. The bank identifies a structurally wider premium for COMEX copper, with the spread mean-reverting toward roughly $33/mt over the long term. Market-implied probabilities signal a 14.6% chance of a 15% U.S. refined copper tariff […]
Read moreAugust 10, 2026 9:43 am
Key Moments Marshalls shares declined 2.4% to 177p after the release of its half-year 2026 results. Group revenue edged down 0.5% to £317.8 million, even as adjusted operating profit increased 8.1% to £30.7 million. Management kept its full-year guidance unchanged, reinforcing a cautious tone amid ongoing weakness in UK construction markets. Headline Revenue Disappointment Pressures […]
Read moreAugust 10, 2026 7:47 am
Key Moments Silver (XAG/USD) trades around $63.50 in Asia, hovering just below Friday’s nearly seven-week high of $65.16. Soft US July Nonfarm Payrolls data led traders to scale back expectations for a Fed rate hike in September, with odds falling to 46% from 67% a week earlier. Spot silver maintains a bullish near-term structure above […]
Read moreAugust 10, 2026 7:23 am
Key Moments USD/CAD recovers from around 1.3925, bouncing off a nearly two-month low after Friday’s sharp decline. Safe-haven demand for the US Dollar is supported by US-Iran tensions and expectations of at least one Fed rate hike this year. Firm crude oil prices and strong Canadian employment data limit USD/CAD upside and continue to support […]
Read moreAugust 10, 2026 6:45 am
Key Moments USD/JPY trades near 158.20 in Asian hours on Monday after modest losses in the previous session. The Yen remains under pressure. Japan reports a JPY 92.3 billion current account deficit in June. The figure missed forecasts for a JPY 1.51 trillion surplus and ended a 17-month surplus streak. Hawkish Fed comments and ongoing […]
Read moreAugust 10, 2026 5:51 am
Key Moments The People’s Bank of China set Monday’s USD/CNY central parity at 6.7884. The new fixing compared with Friday’s reference rate of 6.7904. The official level differed from a Reuters estimate of 6.7379. Latest USD/CNY Fixing On Monday, the People’s Bank of China (PBOC) set the central parity rate for USD/CNY at 6.7884 for […]
Read moreAugust 7, 2026 2:15 pm
Key Moments Banxico unanimously kept the overnight policy rate at 6.50% on August 6 and continues to view the stance as appropriate. Rabobank’s Molly Schwartz and Christian Lawrence expect the policy rate to remain at 6.50% throughout 2026 and 2027, with inflation convergence pushed back to Q4 2027. Rabobank sees USD/MXN moving sideways between 17 […]
Read moreAugust 7, 2026 1:17 pm
Key Moments Wheat futures are recovering early Friday, trading 4 to 7 cents higher after losses across all three major markets on Thursday. Weekly U.S. wheat export sales reached 296,427 MT, a 4-week high but still 59.82% below the same week a year earlier. Analysts surveyed by Reuters expect NASS to trim total U.S. wheat […]
Read moreAugust 7, 2026 12:53 pm
Key Moments Take-Two Interactive kept its full-year bookings outlook intact while confirming “Grand Theft Auto VI” is slated for a November 19 launch. The company projected current-quarter bookings of $1.62 billion to $1.67 billion, falling short of the $1.85 billion average analyst estimate. First-fiscal-quarter net bookings reached $1.39 billion, slightly exceeding market expectations of $1.38 […]
Read moreAugust 7, 2026 10:44 am
Key Moments The Trade Desk stock dropped more than 27% in premarket trading after releasing second-quarter results and third-quarter guidance that missed Wall Street forecasts. Q2 revenue came in at $715.1 million, below both consensus expectations of roughly $752-753 million and the company’s prior guidance of at least $750 million, while adjusted EBITDA of $241.3 […]
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