June 8, 2026 7:30 am
Key Moments EUR/JPY traded around 184.90 during Asian hours after gaining more than 0.5% in the prior session. Price action is hovering near the lower edge of a symmetrical triangle around 184.40, while staying below the 50-day and nine-day EMAs. The 14-day RSI stands at 45.66, below the 50 level, indicating waning bullish momentum. EUR/JPY […]
Read moreJune 8, 2026 6:32 am
Key Moments USD/CAD traded near its highest level since late March during Monday’s Asian session, extending gains beyond the mid-1.3900s. WTI Crude Oil jumped about 4.50% after an Iranian missile strike on Israel’s Ramat David air base, supporting the Canadian Dollar. Markets are pricing more than a 70% probability of a US Federal Reserve rate […]
Read moreJune 8, 2026 5:51 am
Key Moments WTI trades around $90.50 per barrel in Asian hours after opening with a bullish gap Iran’s missile launches toward Israel and renewed Israeli strikes on Lebanon heighten geopolitical risk and disrupt regional oil flows OPEC+ approves a July production quota increase of 188,000 barrels per day, with limited expected impact amid shipping disruptions […]
Read moreJune 5, 2026 2:04 pm
Key Moments Chipotle Mexican Grill (NYSE:CMG) surged 6.6% in morning trading after JPMorgan raised its rating from Neutral to Overweight. JPMorgan set a December 2026 price target of $35 and cited a “rare valuation reset” as a compelling opportunity for investors. CMG shares climbed toward $30.14, rebounding from a 52-week low of $28.04 touched just […]
Read moreJune 5, 2026 1:05 pm
Key Moments The Reserve Bank of India (RBI) kept its policy rate unchanged at 5.25% with a neutral stance, marking a third consecutive meeting at this level. INR strengthened after new RBI and government measures were announced to attract foreign capital and improve the balance of payments. BBH’s Elias Haddad warns that persistent energy shocks […]
Read moreJune 5, 2026 12:47 pm
Key Moments Nasdaq 100 and S&P 500 futures traded lower as semiconductor names retreated after a strong rally. Investors focused on the upcoming May nonfarm payrolls report, with expectations for an 85,000 job increase. Lululemon Athletica dropped nearly 12% premarket after cutting its full-year profit outlook, while Cooper Companies gained 4.8% on better-than-expected results. Futures […]
Read moreJune 5, 2026 9:40 am
Key Moments J.P. Morgan raised its Tesla rating to “neutral” from “underweight” and increased its price target to $475 from $145. The brokerage sees Tesla’s earnings-per-share potentially rising to about $7.50 by 2030 from roughly $1.95 in 2026, with revenue projected to reach roughly $203 billion by 2030. Nearly half of Tesla’s expected revenue growth […]
Read moreJune 5, 2026 7:45 am
Key Moments EUR/JPY traded around 185.80 during Asian hours on Friday after modest prior gains. The pair stayed above both the nine-day and 50-day EMAs, with the nine-day EMA positioned above the 50-day EMA. Euro showed particular strength against the Australian Dollar in the latest cross-currency performance table. EUR/JPY Technical Overview EUR/JPY saw limited movement […]
Read moreJune 5, 2026 6:49 am
Key Moments NZD/USD traded near 0.5850 during Asian hours on Friday after giving back modest gains from the previous session. Meanwhile, New Zealand faces a potential 12.5% US tariff due to concerns over forced labor enforcement. Markets currently see an 80% chance of an RBNZ rate hike in July and expect around 75 basis points […]
Read moreJune 4, 2026 2:07 pm
Key Moments Macquarie lowered Broadcom’s rating from Outperform to Neutral and cut its 12-month price target to $437 from $513. Google’s move to deepen in-house AI chip development and bring in MediaTek is expected to erode Broadcom’s AI ASIC market share between 2027 and 2028. Despite the downgrade, Broadcom delivered fiscal Q2 revenue of $22.2 […]
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