October 9, 2026 9:17 am
Key Moments Firmus suspended its planned $5 billion Australian IPO and is turning to private capital instead. The IPO, backed by Nvidia and other major investors, faced weakening demand amid questions over debt, valuation, and execution risk. Investors grew more cautious after a key data center partner walked away from a major AI factory development […]
Read moreOctober 9, 2026 8:48 am
Key Moments EUR/CAD paused a four-day slide and traded near 1.5960 in early European dealings on Friday as French government bond yields eased from multi-decade highs. Comments from Bank of France Governor Emmanuel Moulin and pressure from Eurozone officials to secure 2027 budget approval highlighted persistent political and fiscal uncertainty in France. Softening crude oil […]
Read moreOctober 9, 2026 8:33 am
Key Moments AUD/JPY traded near 110.30, recovering from a two-day decline as the cross moved back into positive territory. Market expectations for a Bank of Japan rate hike this month dropped to nearly 12%, with odds rising to around 90% when including the December meeting. Despite the latest bounce, AUD/JPY remained below the 100-day simple […]
Read moreOctober 9, 2026 8:11 am
Key Moments EUR/USD traded higher for a second consecutive session, reaching the 1.1225-1.1230 area amid broad U.S. Dollar softness. Falling U.S. bond yields and reduced expectations of imminent U.S. military action on Iran encouraged USD profit-taking, but geopolitical and Federal Reserve risks limited further downside. Technical signals still point to a broader bearish structure, with […]
Read moreOctober 9, 2026 7:52 am
Key Moments XAG/USD traded near $60.10 per troy ounce in Asian dealings after three consecutive sessions of declines. A pullback in oil prices eased inflation worries and reduced the implied probability of a 25 bps Fed hike this month to about 17.7%. Despite the softer near-term hike odds, recent Fed commentary and sentiment indexes continued […]
Read moreOctober 9, 2026 7:34 am
Key Moments USD/JPY trades below 158.00, near the low end of its daily range, after failing to extend an early Asian-session rebound. Expectations for further Bank of Japan tightening and the risk of FX intervention support the Yen and limit upside in USD/JPY. A softer US Dollar, aided by lower Treasury yields and subdued crude […]
Read moreOctober 8, 2026 1:43 pm
Key Moments EUR/GBP traded around 0.8470 after touching a year-to-date low of 0.8447 on Wednesday, marking a tenth straight day under pressure. Money markets priced in more than an 80% probability of a Bank of England rate hike in November, with two 25-basis-point increases fully reflected by February. A Reuters poll showed 70 of 73 […]
Read moreOctober 8, 2026 1:13 pm
Key Moments Sherwin-Williams Co (NYSE:SHW) stock fell 1.8% in pre-market trading to $309.34, deepening its recent slide. UBS cut its price target to $363 from $390 and Melius Research began coverage with a $367 target, both citing a prolonged U.S. housing downturn. Sherwin-Williams is trading well below its 52-week high of $377.77 and closer to […]
Read moreOctober 8, 2026 12:51 pm
Key Moments Jefferies upgraded Royal Caribbean Cruises Ltd to “buy” from “hold” and lifted its price target to $330 from $305, implying a 17% 12-month upside from the prior close of $282.32. The broker now projects 2027 net yield growth of 3.3% versus 2.9% previously, above the 3.1% growth expected by Wall Street analysts. Jefferies […]
Read moreOctober 8, 2026 12:31 pm
Key Moments PayPal (PYPL) was trading at $54.67 in pre-market action as of Oct 8, 2026 at 7:00 AM EDT. The stock has declined 27.0% over the past year but gained 16.4% in the last three months. Technical and valuation signals point to a recovery setup with key resistance in the $57.85–$58.88 area. Short-Term Performance […]
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