October 8, 2026 11:18 am
Key Moments Spot silver (XAG/USD) traded at $58.97 per troy ounce on Thursday, down 1.65% from $59.95 on Wednesday. Silver prices have declined 17.05% since the beginning of the year. The Gold/Silver ratio rose to 69.99 on Thursday from 68.57 on Wednesday. Silver Market Snapshot According to FXStreet data, silver prices (XAG/USD) moved lower on […]
Read moreOctober 8, 2026 11:08 am
Key Moments Minutes from Hungary’s September MNB meeting showed a unanimous decision to stop rate cuts, with no debate on future hikes or further reductions. MNB raised its 2027 inflation forecast to 3.1% while lowering its medium-term target to 2.5% from January 2028, without signaling potential rate increases. Commerzbank’s Tatha Ghose expects the Forint to […]
Read moreOctober 8, 2026 10:10 am
Key Moments USD/CAD trades around 1.4270 in Asian hours on Thursday, extending its advance for a second consecutive session. Rising crude prices, driven by geopolitical tensions and Gulf of Mexico disruptions, offer support to the Canadian Dollar and may curtail further USD/CAD upside. Firmly hawkish Federal Reserve communications, higher US Treasury yields, and elevated Fed […]
Read moreOctober 8, 2026 10:03 am
Key Moments USD/JPY trades near 158.23, up 0.13%, as the Japanese Yen weakens during early European hours. Japan’s August Current Account surplus rises to 4,062 billion yen, beating estimates of 3,194 billion yen and the prior 2,988 billion. USD/JPY stays above the 20-day EMA at 157.54, with 159.04 marked as the key upside level. Yen […]
Read moreOctober 8, 2026 9:41 am
Key Moments AUD/JPY trades nearly flat around 100.05 in early European dealings on Thursday. Market odds for a Bank of Japan rate hike this month fall to nearly 12%, with probabilities around 90% when including December. The cross stays below its 100-day simple moving average, with resistance highlighted at 110.55 and support at 109.00. Spot […]
Read moreOctober 8, 2026 7:44 am
Key Moments AUD/USD trades near 0.6965 in early Asian hours on Thursday as the US Dollar strengthens following hawkish FOMC Minutes. Fed officials signaled expectations for another rate increase before year-end, while markets see roughly a 22% probability of an October hike. UOB shifts to a neutral stance on AUD, projecting AUD/USD to consolidate between […]
Read moreOctober 7, 2026 1:04 pm
Key Moments Humana stock rose 1.4% in pre-market trading after Cantor Fitzgerald upgraded the shares to Overweight from Neutral and lifted its price target to $460 from $300. Cantor Fitzgerald raised its EPS forecasts to $17.96 for 2027 and $28.27 for 2028, arguing that current valuation overlooks expected Medicare Advantage margin recovery. The move higher […]
Read moreOctober 7, 2026 11:47 am
Key Moments Mohawk Industries shares dropped 2.1% in pre-open trading, moving from $126.05 to $123.44 following an RBC Capital Markets downgrade to “underperform.” RBC also lowered ratings on Builders FirstSource and Owens Corning, with all three names falling between 1% and 2% in premarket action. Analysts highlighted soft residential demand, flat long-term revenue growth, and […]
Read moreOctober 7, 2026 9:18 am
Key Moments Poland’s National Bank (NBP) is widely expected to keep its base rate unchanged at 3.75% in the October decision. Some Monetary Policy Council (MPC) members see room for one or two 25 bp hikes if new projections show inflation exceeding 4% next year. NBP’s comparatively easier policy stance is viewed as a potential […]
Read moreOctober 7, 2026 8:46 am
Key Moments Micron’s Taoyuan union said 1,994 members, or 99% of those voting, approved authorization to strike over a bonus-related dispute. The union said the timing and details of any strike were still being discussed, following failed mediation in September. Taiwan remains a key production base for Micron’s DRAM and high-bandwidth memory chips, and a […]
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