May 14, 2026 9:57 am
Key Moments GBP/JPY slipped back to just under 213.30 after failing to clear resistance near 213.70. Preliminary UK GDP data showed quarterly growth of 0.6% and a 0.3% monthly gain, yet the pair still retreated. Market participants stayed cautious about selling JPY amid lingering concerns over potential intervention. Range Trading Continues Despite Robust UK Growth […]
Read moreMay 14, 2026 8:54 am
Key Moments Dow Jones futures increase 0.30% to near 49,950 during European trading on Wednesday, while S&P 500 and Nasdaq 100 futures also edge higher. US Producer Price Index jumps to 6.0% year-over-year in April, its highest level since late 2022 and well above market expectations. Investors monitor US President Donald Trump’s talks with Chinese […]
Read moreMay 14, 2026 6:33 am
Key Moments EUR/JPY trades around 184.90 with modest gains during the early European session on Thursday. Hawkish expectations for the ECB, including a potential 25 bps deposit rate hike to 2.25% in June, support the Euro. Concerns over BoJ policy, Iran war-driven energy shocks, and possible Japanese FX intervention influence the Yen outlook. Euro Firm […]
Read moreMay 14, 2026 5:53 am
Key Moments AUD/USD trades weaker near 0.7250 during Thursday’s Asian session amid renewed U.S. Dollar strength. U.S. Producer Price Index climbs 6.0% YoY in April, its largest increase in four years, outpacing prior 4.3%. Trump’s state visit to China and upcoming U.S. April Retail Sales data stay in focus for AUD/USD traders. Australian Dollar Under […]
Read moreMay 13, 2026 2:24 pm
Key Moments Goldman Sachs expects a broader US dollar upswing driven by persistent energy price shocks and elevated US yields. The bank identifies the British pound as one of the currencies most exposed to downside versus the dollar. Higher oil prices and geopolitical risk continue to reinforce safe-haven demand for the US currency. Goldman Sachs […]
Read moreMay 13, 2026 2:00 pm
Key Moments Bitcoin Cash (BCH) turned sharply lower after losing support around the $428 level, triggering fresh bearish momentum. Technical analysts now see the $380 area emerging as the next major downside target for BCH. Broader crypto market volatility and weaker risk sentiment continue to pressure altcoins despite Bitcoin’s relative stability. Bitcoin Cash Breaks Below […]
Read moreMay 13, 2026 1:32 pm
Key Moments Wendy’s shares surged after reports that Nelson Peltz’s Trian Fund Management is exploring a potential take-private deal. Trian has reportedly discussed financing options with outside investors, including groups in the Middle East. Despite recent operational struggles, some investors see a possible buyout premium creating an attractive arbitrage setup. Buyout Speculation Reignites Interest in […]
Read moreMay 13, 2026 12:44 pm
Key Moments Wolfspeed Inc. (NYSE:WOLF) shares jumped 20% Wednesday morning, building on a seven-session winning streak. The move followed a Tuesday report from research firm Citrini, which named Wolfspeed its “single-stock highlight” in AI infrastructure. The company previously entered bankruptcy protection under a creditor-backed restructuring that cut its debt by $4.6 billion. Market Reaction to […]
Read moreMay 13, 2026 12:11 pm
Key Moments EUR/GBP traded below 0.8660 on Wednesday, extending Tuesday’s reversal from the 0.8700 region. Eurozone Q1 GDP second estimate confirmed quarterly growth of 0.1% and annual growth of 0.8%. Eurozone Industrial Production for March rose 0.2%, missing expectations, while annual output fell 2.1%. Euro Under Pressure Against the Pound The Euro (EUR) is under […]
Read moreMay 13, 2026 9:01 am
Key Moments Aluminium alloy 2607 futures retreated from intraday highs and settled at RMB 23,255 per tonne after overnight volatility. SHFE registered cast aluminium alloy warrants reached 33,884 tonnes on May 12, an increase of 237 tonnes from the prior trading day. Import ADC12 offers stayed elevated at USD 3,320-3,400 per tonne, with theoretical import […]
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