December 22, 2025 8:22 am
Key Moments Interactive Brokers (NASDAQ: IBKR) submitted an application on December 20 to the OCC for a US national trust bank charter. The proposed Interactive National Trust Bank would provide custodial and securities lending services to mutual funds and exchange-traded funds. More than 30 firms have applied for US banking licenses this year, as fintechs […]
Read moreDecember 22, 2025 7:06 am
Key Moments On fresh warnings from Japan’s top currency officials, USD/JPY eased from highs near 157.75 to about 157.25. At the same time, authorities labeled recent yen moves as “one-sided and sharp” and reaffirmed readiness to take “appropriate actions.” Meanwhile, Commonwealth Bank of Australia reiterated its forecast for AUD/JPY to reach 109 by March 2026, […]
Read moreDecember 19, 2025 3:18 pm
Key Moments Despite a soft quarter, Conagra maintained its full-year sales and earnings guidance. However, the company reported a $663.6 million quarterly net loss. This loss stemmed from a $968 million non-cash impairment charge tied to a prolonged share price decline. Meanwhile, quarterly volumes dropped 3% and net sales fell 6.8% to $2.98 billion. Adjusted […]
Read moreDecember 19, 2025 2:58 pm
Key Moments First, XRP Ledger validators faced a Dec. 18 deadline to upgrade to rippled version 2.6.2 as the network activated the “fix Directory Limit” amendment. Meanwhile, XRPL validator Vet warned that roughly 45% of XRP nodes risk amendment-blocking because they still run outdated software. At the same time, Coinbase reported degraded XRP deposit and […]
Read moreDecember 19, 2025 12:54 pm
Key Moments UBS forecasts EUR/CHF will rise to 0.94 into 2026, with USD/CHF stabilizing near 0.78. The bank highlights the ECB’s decision to keep interest rates unchanged as a central driver of its currency outlook. UBS anticipates regional macroeconomic factors will play a larger role in 2026 as global uncertainty eases. UBS Currency Targets for […]
Read moreDecember 19, 2025 10:14 am
Key Moments USDINR is consolidating beneath a key resistance area near 90.40 while the broader uptrend remains intact. Recent intervention by the Reserve Bank of India helped halt the latest wave of selling in the Indian Rupee. Traders are focusing on technical breakout levels in the short term to guide positioning in USDINR. Fundamental Overview […]
Read moreDecember 19, 2025 9:03 am
Key Moments The British pound held firm after the Bank of England struck a less dovish tone than markets expected, according to ING. At the same time, BoE policymakers flagged ongoing concerns around strong wage growth and underlying inflation pressures. Meanwhile, ING still expects two 25 basis point rate cuts and sees EUR/GBP holding above […]
Read moreDecember 19, 2025 8:13 am
Key Moments Jefferies maintains a positive stance on property and casualty insurance brokers, expecting them to outperform carriers as commercial pricing moderates into 2026. Analysts see large-account and scale brokers benefiting from macro and sector-specific tailwinds, as well as productivity gains that support organic growth and margins. Aon, Willis Towers Watson, Goosehead Insurance, Root, and […]
Read moreDecember 19, 2025 7:05 am
Key Moments On Friday, the People’s Bank of China set the USD/CNY central parity at 7.0550. Previously, the reference rate stood at 7.0583. Meanwhile, the central bank relies on several policy tools, including the Loan Prime Rate. Latest USD/CNY Central Parity Setting On Friday, the People’s Bank of China (PBOC) set the USD/CNY reference rate […]
Read moreDecember 18, 2025 2:55 pm
Key Moments Wolfe Research flags deteriorating technicals across major cryptocurrencies, with many trading below key moving averages and near 52-week lows. Analyst Rob Ginsberg highlights Bitcoin and Ethereum breakdowns, pointing to potential support tests around $75,000 for BTC and $2,600 for ETH. Wolfe expects continued Bitcoin outperformance versus altcoins and sustained pressure on crypto-related equities, […]
Read more