August 7, 2026 9:56 am
Key Moments EUR/CAD trades around 1.6160 after rebounding from two sessions of declines. German Industrial Production increases 0.2% MoM in June, topping the 0.1% forecast but slowing from May’s revised 0.7%. Markets still price in only one more ECB hike this year, with about a 40% chance of a second move. EUR/CAD Supported by German […]
Read moreAugust 7, 2026 8:51 am
Key Moments AUD/JPY broke its three-day advance and traded near 111.30 during Asian hours on Friday as safe-haven demand favored the Yen. China’s June Trade Balance exceeded forecasts in both USD and CNY terms, but showed moderation in export and import growth. Rabobank still sees risk of an additional RBA rate hike this year, underpinning […]
Read moreAugust 7, 2026 7:44 am
Key Moments NZD/USD trades near the lower end of its weekly range around 0.5865, marking a second straight session of weakness. China’s June Trade Balance came in at $112.5 billion, above the $107.0 billion consensus but below the prior $125.62 billion, offering little support to antipodean currencies. Geopolitical tensions and higher oil prices have reinforced […]
Read moreAugust 7, 2026 7:06 am
Key Moments AUD/USD trades in a narrow 0.7030-0.7025 band as markets await the latest US Nonfarm Payrolls report. Heightened geopolitical risk and firm Fed rate-hike expectations support the US Dollar and limit gains in AUD/USD. Standard Chartered expects the RBA to keep the cash rate at 4.35% at its 11 August meeting, with a neutral […]
Read moreAugust 7, 2026 6:46 am
Key Moments EUR/USD trades near 1.1520 in Asian hours on Friday, marking a second straight session of losses. Heightened tensions in the Strait of Hormuz and a draft Iranian proposal targeting US and Israeli shipping bolster demand for the US Dollar. Eurozone Retail Sales fall 0.3% month-on-month in June, reversing most of May’s gain and […]
Read moreAugust 7, 2026 6:07 am
Key Moments WTI crude trades around $77.50 per barrel during Asian hours on Friday after modest prior gains. Iranian actions and a proposed Iran-Oman framework raise the prospect of tighter controls on Strait of Hormuz shipping. Heightened regional security risks include Iranian threats to Gulf energy infrastructure and Houthi strikes on Saudi-aligned forces. Strait of […]
Read moreAugust 6, 2026 11:30 am
Key Moments The Bank of England is expected to slow the pace of its bond portfolio reduction as markets adjust to ongoing quantitative tightening. Market participants expect the BoE to reduce its bond holdings by around £50 billion over the year to September 2027, below the current pace. The central bank continues to balance financial […]
Read moreAugust 5, 2026 12:21 pm
Key Moments MediaTek approved a $5 billion financing plan to accelerate AI data center chip development. The company expects AI chip revenue to exceed $2 billion in 2026 as it expands beyond smartphones. Management raised its long-term AI market share target while betting on custom chips for cloud providers. MediaTek Commits $5 Billion to AI […]
Read moreAugust 4, 2026 8:24 am
Key Moments Apple projected revenue growth of 9% to 11% for the current quarter, below Wall Street’s 12% expectation. Fiscal third-quarter revenue rose 16.4% to $109.42 billion, and earnings per share came in at $2.02, boosted by tariff refunds. Services revenue and Greater China sales both missed analyst estimates, while iPhone and Mac sales exceeded […]
Read moreAugust 3, 2026 7:34 am
Key Moments BTIG reaffirmed its Outperform rating on Take-Two Interactive Software and maintained a $285 price target as the company moves toward the November 19 launch of Grand Theft Auto VI. BTIG projects fiscal 2027 bookings of $10.65 billion, 25% above consensus, with GTA VI full game bookings forecast at $3.25 billion from 55 million […]
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