May 5, 2026 8:23 am
Key Moments Three-month LME copper was flat at $12,996 per metric ton by 0731 GMT after earlier hitting its lowest level since April 13. Prices were pressured by a stronger U.S. dollar and worries about a potential global economic slowdown. Trading volumes were muted with the Shanghai Futures Exchange shut for the Labour Day holiday, […]
Read moreMay 5, 2026 8:06 am
Key Moments AUD/JPY traded near 112.65 in early European deals on Tuesday. It recovered after earlier losses. The Reserve Bank of Australia raised the Official Cash Rate to 4.35% from 4.10% at its May meeting. Meanwhile, markets stayed alert. They watched for possible Japanese FX intervention. RBA Decision Supports AUD/JPY Recovery AUD/JPY trimmed earlier losses […]
Read moreMay 5, 2026 7:38 am
Key Moments AUD/USD trades near 0.7160 and extends losses for a second day, even though the RBA lifted its Official Cash Rate to 4.35%. The RBA flagged a material rise in inflation for H2 2025. It linked this to capacity constraints, higher fuel and commodity prices, and the Middle East conflict. Meanwhile, the US Dollar […]
Read moreMay 5, 2026 7:21 am
Key Moments USD/INR advanced for a third straight session, trading near 95.40 during Asian hours on Tuesday as risk aversion supported the US Dollar. India’s foreign exchange reserves retreated from a peak of $728.5 billion while equity outflows reached $19 billion across March and April. HSBC Manufacturing PMI for India was revised to 54.7 for […]
Read moreMay 5, 2026 5:52 am
Key Moments USD/JPY trades nearly unchanged around 157.25 in early Asian dealings on Tuesday. Heightened tensions in the Middle East and rising oil prices are underpinning demand for the US Dollar. Market participants stay wary after suspected Japanese intervention and fresh warnings from Japan’s finance minister. Dollar-Yen Stable Near 157.25 in Asian Trade The USD/JPY […]
Read moreMay 4, 2026 1:46 pm
Key Moments GBP/INR finished Friday close to 128.85 after rising from the mid-127s and briefly trading above 129.00. Indian Rupee weakness tracked higher crude prices, which heightened inflation and trade deficit concerns. Exchange Rates UK Research projected GBP/INR to fluctuate within a 126.50–130.00 range in the near term. Weekly Performance Overview The Pound to Rupee […]
Read moreMay 4, 2026 1:24 pm
Key Moments Qualcomm Incorporated (NASDAQ: QCOM) shares climbed more than 50% in under a month following its April 29 earnings release, driving its RSI to 87. Despite a double-digit year-over-year decline in handset revenue, investors focused on strength in other segments and signs of a strategic pivot. Qualcomm confirmed a “leading hyperscaler” as a data […]
Read moreMay 4, 2026 12:58 pm
Key Moments U.S. officials and Alphabet (NASDAQ:GOOGL) CEO Sundar Pichai met to discuss artificial intelligence capacity constraints and government computing needs. The administration signaled concern that Anthropic may not have enough computing resources to fully operate its Mythos system, even for top-priority users. Regulatory limits on using certain Google TPUs in classified environments have prompted […]
Read moreMay 4, 2026 12:31 pm
Key Moments CME cattle futures reached new contract highs during the session before closing lower on profit-taking and weaker wholesale beef prices. Boxed beef values declined, while packer margins deteriorated further, with estimated losses widening to $197.95 per head. June lean hog futures on the CME fell 1 cent to 101.275 cents per pound amid […]
Read moreMay 4, 2026 10:12 am
Key Moments GameStop submitted an unsolicited proposal to acquire eBay for $56 billion, offering $125 per share in cash and stock, about 20% above eBay’s Friday closing price. The videogame retailer revealed it has accumulated roughly a 5% stake in eBay and stated it had secured a $20 billion debt commitment from TD Securities to […]
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