February 9, 2026 2:33 pm
Key Moments The US dollar came under broad selling pressure at the start of the week following several weaker-than-expected labor indicators. Speculative net short positioning in the dollar more than doubled to $16.82 billion from $7.98 billion, according to IMM data released Friday. A Bloomberg report said Chinese authorities have urged banks to reduce exposure […]
Read moreFebruary 9, 2026 1:34 pm
Key Moments Stifel cut its price target on ADP (NASDAQ:ADP) to $270.00 from $280.00 while reiterating a Hold rating. ADP shares are trading at $231.36, down more than 10% year-to-date and hovering near a 52-week low of $230.28. ADP beat fiscal Q2 2026 EPS and revenue forecasts, even as its employment report showed a slowdown […]
Read moreFebruary 9, 2026 11:10 am
Key Moments U.S. stock index futures traded lower, with Nasdaq 100 Futures down 115 points, or 0.5%, as of 05:55 ET (10:55 GMT). Investors are awaiting delayed U.S. employment and CPI releases, alongside a busy earnings calendar featuring Coca-Cola Co (NYSE:KO) and Ford Motor Company (NYSE:F). Gold and silver prices climbed, while oil prices inched […]
Read moreFebruary 9, 2026 10:35 am
Key Moments GBP/AED started the new week near 4.9998 after declining by roughly 0.5% from the late-January high of 5.0882. The pair is trading below the nine-day exponential moving average at 5.0058, with downside risks focused on support around 4.95 and the 200-day EMA near 4.9023. Upcoming U.S. labor market and CPI data are expected […]
Read moreFebruary 9, 2026 9:30 am
Key Moments LME aluminum cash offer price rose to USD 3,045 per tonne on February 6 from USD 3,014 per tonne on February 5, up 1.03%. Opening stocks on the LME fell to 490,975 tonnes on February 6 from 492,975 tonnes, a 0.4% decrease. LME alumina Platts price increased to USD 308.73 per tonne on […]
Read moreFebruary 9, 2026 8:21 am
Key Moments The Australian dollar ended the week at US70.13¢, its first weekly close above US70¢ in more than three years. The move followed the RBA’s first rate hike in over two years and a hawkish policy stance that widened the AUD-USD rate differential. Analyst Tony Sycamore sees support in the US68¢-US69¢ range and considers […]
Read moreFebruary 9, 2026 7:35 am
Key Moments Brent crude traded at $67.38 a barrel and U.S. WTI at $62.94 a barrel, both down 1% by 0444 GMT. Market anxiety over Middle East supply disruptions eased after the U.S. and Iran agreed to continue indirect nuclear talks. Investors monitored shifting trade flows away from Russian seaborne crude and potential implications for […]
Read moreFebruary 6, 2026 3:13 pm
Key Moments Commerzbank’s Barbara Lambrecht highlights mounting short-term pressure on copper from rising exchange inventories and heightened metals market volatility. Chinese power grid operators, described as major copper consumers, reported a 35% year-on-year jump in January capital expenditure for grid expansion. The China Nonferrous Metals Industry Association projected copper production growth of 5% for the […]
Read moreFebruary 6, 2026 1:49 pm
Key Moments The Kuala Lumpur rubber market closed higher, buoyed by strength in crude oil prices. Brent crude oil was up 1.63 per cent at US$68.59 per barrel at the time of writing. Standard Malaysian Rubber (SMR) 20 climbed to 760.50 sen per kg, while latex-in-bulk advanced to 578.5 sen per kg by 3 pm. […]
Read moreFebruary 6, 2026 1:21 pm
Key Moments XAU/USD traded near $4,880 on Friday after rebounding from an intraday low of $4,655 in Asian hours.
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