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Swiss Franc Holds Firm Ahead of US CPI, Trump-Xi Talks

May 13, 2026 8:06 am
Key Moments USD/CHF traded flat around 0.7805 in early European dealings on Wednesday as investors stayed cautious ahead of key U.S. data and political events. Traders focused on the upcoming U.S. PPI release and a Trump-Xi leaders’ summit in Beijing, preceded by U.S.-China economic talks in Seoul. A Reuters poll indicated the Swiss National Bank […] Read more

AUD/JPY Holds Above 114 as Uptrend Stays Intact

May 13, 2026 7:12 am
Key Moments AUD/JPY trades around 114.10, consolidating above key moving averages and signaling a still-intact bullish structure. Upside focus is on resistance near 114.85, while initial downside support is monitored around 113.75. Policy expectations for the RBA and potential Japanese currency intervention are shaping near-term risk for the cross. Rangebound Trade Ahead of Key Political […] Read more

Bitcoin Steadies as Ethereum, XRP Test Key Levels

May 13, 2026 6:42 am
Key Moments Bitcoin (BTC) trades around $81,200 on Wednesday, consolidating below the 200-day EMA at $82,037 while holding above key Fibonacci and moving average support. Ethereum (ETH) changes hands near $2,289, hovering just above its 50-day EMA at $2,275 and facing resistance from the 100-day and 200-day EMAs. XRP trades at $1.45, supported by its […] Read more

Dollar Gains vs Yen as Policy, Inflation Guide Markets

May 13, 2026 6:22 am
Key Moments USD/JPY trades around 157.70, extending a three-day winning streak during Asian hours on Wednesday. Japan’s current account surplus rose to JPY 4,681.5 billion in March, beating expectations of JPY 3,879 billion and marking a record high. April US CPI increased 0.6% month-over-month, lifting the annual rate to 3.8% and reinforcing expectations of higher-for-longer […] Read more

Income Strategist Locks In Gains, Cuts Three Stocks

May 12, 2026 12:57 pm
Key Moments Marc Lichtenfeld is using current market strength to exit three names where fundamentals, sentiment, and positioning no longer align. DexCom faces slowing growth, increased competition, and unusually bullish analyst sentiment despite a multi-year share price decline. Oracle’s aggressive AI and data center buildout is paired with sizable off-balance-sheet commitments and negative projected free […] Read more

Starbucks Plans Seattle Tech Job Cuts Amid Turnaround

May 12, 2026 11:07 am
Key Moments Starbucks disclosed in a WARN filing that it will cut 61 corporate technology roles at its Seattle headquarters. The filing stated that the layoffs are unrelated to any relocation and are expected to occur between June 20, 2026 and August 28, 2026. The technology cuts come as Starbucks continues a broader turnaround strategy […] Read more

European Stocks Fall as US-Iran Deadlock Hits Sentiment

May 12, 2026 9:32 am
Key Moments Major European equity benchmarks traded sharply lower, with the Stoxx 600 down 1.2% and key national indices losing more than 1.0%. Comments from U.S. President Donald Trump underscored a lack of progress on a lasting peace deal with Iran, clouding risk appetite. Brent crude futures climbed 2.0% to $106.30 per barrel, amplifying concerns […] Read more

China LNG Demand Rises as Imports Recover From Slump

May 12, 2026 9:13 am
Key Moments China’s 30-day moving average of LNG imports has climbed to its highest level since late February, according to shipping data cited by Bloomberg. Imports had previously plunged in April to their lowest level in eight years, with Kpler estimating an average of 3.5 million tons – a 30% year-on-year decline and the weakest […] Read more

Oil Rises as Iran Talks Stall Supply Risk Concerns

May 12, 2026 8:49 am
Key Moments Brent crude rose to $106.21 and U.S. WTI advanced to $100.38, with both benchmarks building on gains of nearly 2.8% from the previous session. Hopes for a ceasefire in the U.S.-Israeli war on Iran faded amid sharp differences between Tehran and Washington over key conditions. Analysts warned that any renewed escalation or blockade […] Read more

Euro Dips but Holds Bullish EUR/USD Support Structure

May 12, 2026 7:40 am
Key Moments EUR/USD trades near 1.1760 during Asian hours on Tuesday, extending a two-day pullback within an overall ascending channel. The pair remains above both the nine-period and 50-period EMAs, with a 14-day RSI around 56 signaling still-positive, non-overbought momentum. Key resistance stands at the 12-week high of 1.1849, while immediate support emerges around the […] Read more