July 14, 2026 8:15 am
Key Moments India’s June CPI increased to 4.4% year-on-year, surpassing expectations and marking the highest level since December 2024. The trade deficit widened to USD30.4bn in June, exceeding forecasts as imports – particularly oil – expanded sharply. USD/INR advanced 0.3% to 95.62, with authorities encouraging higher dollar deposits from non-resident Indians. Inflation Surprises on the […]
Read moreJuly 14, 2026 8:11 am
Key Moments ICE Brent settled 9.6% higher, climbing back above $83/bbl as tensions between the US and Iran intensified. Strategists flagged mounting risks around potential attacks and a renewed US blockade on Iran, alongside competing toll proposals for Hormuz traffic. A hypothetical 20% US fee on a 2 million barrel VLCC at $80/bbl would add […]
Read moreJuly 14, 2026 7:48 am
Key Moments EUR/JPY trades around 184.90 in early European dealings, maintaining a modestly bullish profile. Comments from Japan’s finance minister on possible future pension allocation changes accompany a softer Yen. Technical structure remains constructive above support at 184.85, with resistance near 185.90 and further levels at 186.32 and 187.42. Price Action and Policy Backdrop EUR/JPY […]
Read moreJuly 14, 2026 7:14 am
Key Moments Gold (XAU/USD) climbed above $4,030 after hitting a near two-week low earlier on Tuesday. The U.S. Dollar paused after a two-day rally ahead of U.S. CPI data and Fed Chair Kevin Warsh’s testimony. U.S.-Iran tensions and expectations for higher Fed rates continued to support the Dollar and limit gold gains. Gold Recovers as […]
Read moreJuly 14, 2026 7:05 am
Key Moments AUD/USD traded near 0.6930 during Asian hours after dropping 0.5% in the prior session. Momentum indicators, including a 14-day RSI around 40, continued to reflect bearish pressure. The pair confronted resistance at the nine-day EMA near 0.6932 while remaining within a descending channel. Downtrend Intact Despite Modest Intraday Rebound AUD/USD was slightly firmer […]
Read moreJuly 14, 2026 6:22 am
Key Moments USD/JPY is consolidating just below the mid-162.00s after a strong prior-day advance, hovering near a four-decade high. Heightened Middle East tensions, rising oil prices, and a wide U.S.-Japan rate differential are weighing on the Yen. Traders are focused on upcoming U.S. CPI data and Fed Chair Kevin Warsh’s congressional testimony as key drivers […]
Read moreJuly 14, 2026 5:33 am
Key Moments The People’s Bank of China set Tuesday’s USD/CNY central parity at 6.7990. The new fixing compared with the previous session’s reference rate of 6.7972. The official rate diverged from a Reuters estimate of 6.7927 for the same session. Session Fixing Details The People’s Bank of China (PBOC) set the USD/CNY central reference rate […]
Read moreJuly 13, 2026 1:18 pm
Key Moments AstraZeneca shares declined 1.2% to 12,684p after HSBC cut its rating from Buy to Hold and lowered its price target to GBP137.50 from GBP165.00. HSBC highlighted increased dependence on higher-risk clinical readouts, including SERENA-4 and AVANZAR in the second half of 2026, while trimming revenue estimates. The recent failure of the CARDIO-TTRansform Phase […]
Read moreJuly 13, 2026 1:15 pm
Key Moments Saia stock climbed 3.7% in pre-market trading after BofA Securities raised its rating from Neutral to Buy and lifted the price target to $502 from $499. The company outperformed Q1 2026 expectations with diluted EPS of $1.86 versus $1.82 consensus and revenue of $806.2 million, about 2.2% above forecasts. Shares traded at $436.46 […]
Read moreJuly 13, 2026 11:04 am
Key Moments Commerzbank’s Tatha Ghose highlights a clear gap between the Central Bank of Turkey’s upbeat communication and data showing renewed strength in core inflation. Seasonally-adjusted core CPI is assessed to be rising at more than 2% m/m, with annualized inflation clustered in the 30%-35% range, which is seen as incompatible with a credible move […]
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