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Australian Dollar Rises Despite Global Headwinds

July 24, 2026 6:41 am
Key Moments AUD/USD recovers part of its recent decline after Australia’s flash PMIs point to a second straight month of private-sector expansion. Rising crude oil prices amid US-Iran tensions and new US trade tariffs support the USD by reinforcing inflation and Fed rate hike expectations. Markets turn attention to upcoming US flash PMIs and next […] Read more

Amazon Shares Face Pre-Market Pressure Ahead of Q2 Earnings

July 23, 2026 1:42 pm
Key Moments Amazon.com, Inc. shares fell 2.0% in pre-market trading to $240 after investors reacted to a U.S. Senate probe into alleged Chinese influence on its marketplace. Investor concerns also grew after Amazon cut jobs in its Artificial General Intelligence unit and reports highlighted $1.65 trillion in AI-related obligations across major tech firms. BofA Securities […] Read more

Blackstone Profit Beats Forecasts on AI Asset Gains

July 23, 2026 1:29 pm
Key Moments Blackstone’s distributable earnings per share increased 26% to $1.52, topping estimates of $1.35. Assets under management rose to $1.35 trillion, supported by strong inflows and asset sales totaling $31.8 billion. Nine of Blackstone’s ten best-performing investments are tied to artificial intelligence, including stakes in Anthropic and data center platforms. Quarterly Earnings and Asset […] Read more

Rand Steady as SARB Inflation Fight Guides Rate Path

July 23, 2026 11:53 am
Key Moments Commerzbank’s Volkmar Baur considers a 25 basis point rate increase by the South African Reserve Bank to 7.25% as virtually certain. The move would unwind one-third of the 2024-25 easing cycle, after inflation in June accelerated to 5% on surging fuel and higher core prices. Baur argues that the South African Rand’s outlook […] Read more

IBM Faces Growth Pressure as Mainframe Revenue Declines

July 23, 2026 9:55 am
Key Moments IBM now projects full-year revenue growth of 4% to 5%, down from a previously expected 5%. Infrastructure revenue declined 7% year-on-year to $3.8 billion, with data-center mainframe sales dropping 42%. Quarterly free cash flow totaled $2.5 billion, $300 million lower than a year earlier, while adjusted EPS was $2.93 on $17.2 billion in […] Read more

Rupiah Outlook Improves After Indonesia Policy Decision

July 23, 2026 9:00 am
Key Moments USD/IDR traded near 17,960 during Thursday’s Asian session after slight gains in the previous day. Bank Indonesia kept its benchmark rate at 5.75%. The central bank also introduced measures to attract foreign inflows and support the Rupiah. U.S. dollar weakness from economic concerns was offset by safe-haven demand as Middle East tensions increased. […] Read more

Gold Holds Firm as Softer Dollar Supports XAU/USD

July 23, 2026 7:30 am
Key Moments Gold (XAU/USD) trades sideways above $4,100, hovering just below an over two-week high reached the previous day. Escalating tensions involving the US, Iran, and Yemen-linked Houthis lift crude oil and strengthen market bets on further Fed rate hikes. Despite firm US Treasury yields, renewed US Dollar weakness helps cushion downside risks for bullion. […] Read more

Silver Price Outlook Turns Bullish Above Key Support

July 23, 2026 6:43 am
Key Moments Silver finds buying interest near the $58.25-$58.20 area, limiting the latest pullback from the $61.00 region. A breakout above the $59.00 confluence zone, including the 100-period 4-hour SMA and 23.6% Fibonacci retracement, supports a constructive bullish bias. Failure to hold above $59.00 would be required to undermine the broader positive technical setup for […] Read more

AUD/NZD Climbs as Rate-Hike Bets Strengthen

July 23, 2026 6:22 am
Key Moments AUD/NZD rose to a one-and-a-half-week high around 1.2060-1.2065 during the Asian session after the latest Australian labor report. Australia’s June Employment Change came in at 76.3K with the Unemployment Rate at 4.4%, reinforcing expectations for further RBA tightening. Anticipation of another RBNZ hike in September, supported by stronger New Zealand inflation, may limit […] Read more

Canadian Dollar Holds Firm as Oil Rally Counters Trade Risks

July 23, 2026 6:01 am
Key Moments USD/CAD trades defensively below 1.4100 in the Asian session, after rebounding from the 1.4000 psychological area earlier in the week. Rising crude oil prices, driven by heightened Middle East tensions and reported shipping disruptions, support the oil-linked Canadian Dollar. Renewed US-Canada trade war concerns and diverging Fed-BoC policy expectations create mixed signals for […] Read more