February 3, 2026 2:45 pm
Key Moments March natural gas futures are trading at $3.290, modestly higher after a sharp weather-driven selloff pushed prices below $4.00. Meanwhile, U.S. natural gas output has recovered to 111.6 bcf/day as warmer temperatures ease freeze-offs. Production could approach a record high. Futures have slipped beneath both the 50-day and 200-day moving averages. These technical […]
Read moreFebruary 3, 2026 11:13 am
Key Moments USD/CNY has slipped back below 6.95 as the yuan extends its recent appreciation. Goldman Sachs has adopted a more constructive stance on the yuan, citing stronger policy backing and record FX inflows. The bank has cut its USD/CNY forecasts to 6.90 in three months, 6.80 in six months and 6.70 over 12 months. […]
Read moreFebruary 3, 2026 9:46 am
Key Moments USD/JPY has pulled back sharply from recent highs but continues to maintain its broader medium-term uptrend structure. Price is fluctuating around the 15-day and 20-day moving averages, with the 155.00-155.50 band emerging as a key technical pivot. RSI has bounced from near-oversold territory into the mid-to-high 40s, indicating cooling momentum rather than a […]
Read moreFebruary 3, 2026 8:45 am
Key Moments UOB strategists expect GBP/USD to fluctuate between 1.3640 and 1.3710 after its recent slide. Analysts highlight that selling pressure has eased and note that GBP conditions remain oversold. The view that a pullback could extend toward 1.3570 stands, provided the 1.3755 strong resistance level is not surpassed. UOB Strategists See Limited Downside for […]
Read moreFebruary 3, 2026 8:40 am
Key Moments Bitcoin traded 2.8% higher at $78,558.4, recovering from a drop to $74,635.5, its lowest level since early April. Heavy liquidations of leveraged positions over the weekend, amid thin liquidity, triggered a cascade of forced selling across crypto markets. Regulatory uncertainty persists as White House talks on stablecoin yield rules ended without agreement between […]
Read moreFebruary 3, 2026 7:22 am
Key Moments Brent crude traded at $65.96 per barrel, while U.S. WTI stood at $61.81 by 0623 GMT, with both down 0.5%. Meanwhile, oil extended Monday’s sharp slide of more than 4% after U.S. President Donald Trump said Iran was “seriously talking” with Washington. Additionally, a stronger U.S. dollar, trade news involving India, and Russian […]
Read moreFebruary 2, 2026 3:11 pm
Key Moments Jefferies says Amazon.com, Inc. is trading at 13x NTM EV/EBITDA, 6 turns below its 10-year average and 8 turns below WMT. The firm expects a re-acceleration in Amazon Web Services growth, with backlog potentially rising into the “mid-20s or higher” in the fourth quarter. Jefferies reiterates a Buy rating and $300 price target, […]
Read moreFebruary 2, 2026 2:32 pm
Key Moments U.S. President Donald Trump is reported to be preparing a $12 billion strategic stockpile for critical minerals under an initiative called Project Vault. The structure reportedly combines $1.67 billion in private capital with a $10 billion loan from the U.S. Export-Import Bank, pending board approval. More than a dozen major corporations, including General […]
Read moreFebruary 2, 2026 11:15 am
Key Moments GBP/USD trades near 1.3670 in early European dealings, slipping below the 1.3700 area amid renewed US Dollar strength. US Producer Price Index rose 3.0% YoY and 0.5% MoM in December, exceeding forecasts and supporting expectations for steady Fed policy. The Bank of England is expected to hold its policy rate at 3.75%, after […]
Read moreFebruary 2, 2026 10:40 am
Key Moments Natural gas futures have hovered near a critical support zone since late December 2025, with cold risks into mid-February limiting upside. Restricted gas supplies to U.S. power plants contributed to generator outages and higher spot prices, according to PJM. Ukraine also faces mounting energy strains amid a harsh winter. February futures expired on […]
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