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Rupee Extends Gains as Softer Dollar Offsets Oil

July 10, 2026 7:38 am
Key Moments USD/INR continues Thursday’s rebound, dropping toward 95.22 as the US Dollar weakens. US Dollar Index trades about 0.3% lower near 100.60, extending a three-day losing streak amid signs of US-Iran de-escalation. Foreign Institutional Investors turned net sellers on Thursday, unloading Rs. 532.86 crore of Indian equities. Rupee Gains as Dollar Softens Despite Higher […] Read more

Bitcoin Extends Recovery as DeXe, ARB Outperform

July 10, 2026 6:42 am
Key Moments Bitcoin trades above $63,000 on Friday, continuing its rebound as anxiety over US-Iran tensions moderates. DeXe (DEXE) jumps more than 20% and Arbitrum (ARB) advances 5% over the last 24 hours, outpacing the broader crypto market. CoinMarketCap’s Fear and Greed Index rises to 30 on Friday from 26 on Wednesday, signaling a modest […] Read more

Pound Tops 1.3400 as BoE Tightening Bets Firm

July 10, 2026 6:14 am
Key Moments GBP/USD traded around 1.3430 during Asian hours on Friday as the British currency strengthened against the US Dollar. Markets fully priced in a 25 bps Bank of England rate hike by year-end, with December seen as the most likely timing, according to Reuters. Andy Burnham moved closer to becoming UK prime minister after […] Read more

Workday Slips on Insider Sales and Risk Jitters

July 9, 2026 1:34 pm
Key Moments Workday stock fell 2.9% in pre-market trading, extending a decline that started after an escalation in U.S.-Iran tensions pressured high-valuation technology names. CFO Zane Rowe reported selling 6,000 Class A shares at weighted average prices near $143 per share under a Rule 10b5-1 plan, adding to roughly $141.6 million in insider sales over […] Read more

Mattel Faces Pressure After Goldman Sachs Downgrade

July 9, 2026 12:58 pm
Key Moments Goldman Sachs lowered Mattel’s rating to Sell from Neutral and cut its price target to $12, pressuring the stock in premarket trading. The new $12 target is based on 8x 2027 estimated EPS, down from a 10.0x multiple, and trails the roughly 10% upside Goldman sees across its broader Entertainment coverage. Analysts highlighted […] Read more

Gulf Supply Concerns Boost Oil Risk Premium

July 9, 2026 8:27 am
Key Moments Commerzbank’s Thu Lan Nguyen highlights that recent U.S. policy toward Iran has overturned expectations of a swift normalization of Gulf oil supplies. Despite increased shipping activity through the Strait of Hormuz, traffic remains below pre-war levels while markets had been pricing in an oil supply glut. The apparent cancellation of the Iran deal […] Read more

Dollar Rally Pauses as Yen Gains on Intervention Fears

July 9, 2026 7:31 am
Key Moments USD/JPY edged lower in Thursday’s Asian session, slipping below the mid-162.00s and ending a four-day rally. Intervention speculation and a softer US Dollar slowed the pair’s upside momentum. The 250-275 bps US-Japan rate gap continued to support carry trades and limited losses. USD/JPY Pullback Shows Limited Bearish Conviction USD/JPY edged lower during Thursday’s […] Read more

Corn Futures Rise as Export Demand Offsets Supply Concerns

July 8, 2026 1:48 pm
Key Moments Corn futures extended Tuesday’s rally, with most contracts closing between 3 1/2 and 6 3/4 cents higher. The weekly Crop Progress report showed 16% of the U.S. corn crop silking and overall conditions steady at 67% good to excellent. May Census data reported 7.252 MMT of corn exports and record ethanol exports of […] Read more

Target Stock Climbs on Beauty Strategy Shift

July 8, 2026 1:44 pm
Key Moments Target (NYSE:TGT) rose 2.8% in pre-open trading, extending gains driven by company-specific catalysts under CEO Michael Fiddelke. Roughly 600 Ulta Beauty shop-in-shop locations are set to be converted into Target Beauty Studios this fall, a move analysts view as a strategic push in beauty. Q1 2026 results showed $25.44 billion in net sales […] Read more