July 21, 2026 2:08 pm
Key Moments Global primary aluminum production declined 2.9% month-on-month and 1.5% year-on-year in June to 5.98mt, while first-half output stayed broadly stable at 36.4mt. China’s June production fell 3.2% month-on-month to 3.7mt, but year-to-date volumes remained 2.2% higher year-on-year at 22.3mt. Gulf output dropped to 332kt, down 34.5% year-on-year, as disruptions linked to the Iran […]
Read moreJuly 21, 2026 1:06 pm
Key Moments SanDisk surged 7.4% in pre-market trading after Morgan Stanley called the recent U.S. memory stock pullback a “compelling entry point.” Morgan Stanley projected at least a 25% increase in like-for-like memory pricing from the second quarter to the third quarter of 2026, citing persistent data center shortages. The sector-wide rally came after a […]
Read moreJuly 21, 2026 9:30 am
Key Moments Silver (XAG/USD) climbs more than 3% to trade near $58.20 in early European hours on Tuesday. WTI Oil retreats 0.45% to around $81.90 after touching a fresh monthly high of $84.42 on Monday. The Federal Reserve is widely expected to keep interest rates unchanged at its policy meeting next week. Silver Jumps as […]
Read moreJuly 21, 2026 9:17 am
Key Moments USD/INR pulled back to around 96.34 after touching a two-month high of 96.76 on Monday. MCX August 19 crude oil futures eased to near Rs. 7,945 after hitting a five-week high of Rs. 8,158. Foreign Institutional Investors have offloaded Rs. 10,240.80 crore in Indian equities over the last six trading sessions. Rupee Rebounds […]
Read moreJuly 21, 2026 8:14 am
Key Moments EUR/USD trades just above 1.1400 after touching a four-day low in the prior session, with price action confined during the Asian session on Tuesday. Energy-driven inflation concerns support expectations for further Fed rate hikes and underpin the USD, limiting upside for the pair. Failure to reclaim the 200-period SMA near 1.1480 on the […]
Read moreJuly 20, 2026 1:41 pm
Key Moments Alphabet (GOOGL) has exceeded EPS estimates for four consecutive quarters, including a +95.04% surprise in Q1 FY2026. Shares last closed at $346.77, about 10% below recent June highs following concerns over AI talent departures. Google Cloud’s order backlog nearly doubled sequentially in Q1 to $462B, underpinning bullish growth expectations. Snapshot: Where Alphabet Stands […]
Read moreJuly 20, 2026 1:16 pm
Key Moments Baird reiterated its Outperform rating on Yum Brands even as a parasite outbreak linked to Taco Bell suppliers raised near-term U.S. comp sales risks. The firm estimated that a 500 basis point hit to Taco Bell U.S. comps for the rest of the year could trim its 2026 EPS forecast by $0.05 to […]
Read moreJuly 20, 2026 10:44 am
Key Moments EUR/JPY is trading near 185.70 on Monday, moving in a narrow range amid a subdued start to the week. Germany’s Producer Price Index increased 1.8% YoY in June, while monthly prices fell 0.3%, a larger drop than markets anticipated. A Kyodo report indicated the BoJ is expected to keep its policy rate at […]
Read moreJuly 20, 2026 9:59 am
Key Moments GBP/JPY recovers toward 218.60 after a two-day pullback from multi-year highs near 219.61. Traders focus on a dense UK data schedule this week, including labor, inflation, retail sales, and PMI figures. The BoJ is expected to keep its policy rate at 1% next week, while still signaling scope for further hikes, according to […]
Read moreJuly 20, 2026 9:38 am
Key Moments EUR/GBP trades at 0.8495 after failing to sustain a move above 0.8500 following a rebound from 13-month lows at 0.8455. The Pound remains supported as markets anticipate Andy Burnham’s nomination to succeed Keir Starmer as UK Prime Minister. The Euro is pressured by rising tensions in Iran and Brent Crude nearing $90.00, while […]
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