July 20, 2026 7:48 am
Key Moments AUD/JPY trades around 113.55 in early Monday European dealings as the cross extends recent gains. Derivatives markets assign nearly a 16% probability to an RBA rate increase to 4.60% at the next meeting. Market participants monitor the risk of Japanese authorities intervening in FX markets following recent comments from Finance Minister Satsuki Katayama. […]
Read moreJuly 20, 2026 7:22 am
Key Moments XAU/USD trades around $4,000 with only a modest intraday bounce as the US Dollar limits upside.
Read moreJuly 20, 2026 5:52 am
Key Moments GBP/USD trades near 1.3450 in early Asian dealings on Monday as investors monitor rising US-Iran tensions. Heightened strikes in the Middle East, extending to infrastructure targets, raise concerns over risk appetite and potential pressure on GBP. Softening US inflation data has reduced expectations for a July Fed hike to 14%, with markets pricing […]
Read moreJuly 17, 2026 2:24 pm
Key Moments Investment banking and trading income increased nearly 72% for the quarter ended June 30 compared with a year earlier. Quarterly net income available to common shareholders rose to $1.52 billion, or $1.23 per share, from $1.18 billion, or $0.90 per share. Wealth management income for the second quarter grew 7.8% as the bank […]
Read moreJuly 17, 2026 1:48 pm
Key Moments Intuitive Surgical stock fell 9.5% in pre-market trading to $364.27 following a Q2 2026 earnings beat. U.S. da Vinci procedure growth slowed to 12% in Q2 from 14% in Q1, raising concern among investors. Stifel cut its price target on Intuitive Surgical to $550 from $670, while maintaining a Buy rating. Market Reaction […]
Read moreJuly 17, 2026 1:16 pm
Key Moments ING’s Frantisek Taborsky highlights heavy selling in Hungarian assets amid a broader risk-off move in Central and Eastern Europe. Market pricing for Hungary’s rate-cut cycle has been reduced from 150bp to 120bp, while EUR/HUF has stabilized above 361. ING still expects EUR/HUF to trade mostly within the 350-360 band for the remainder of […]
Read moreJuly 17, 2026 11:03 am
Key Moments SpaceX and xAI plan to rely heavily on natural gas to power data centers and produce Starship launch fuel. GE Vernova (NYSE: GEV) has seen surging gas turbine sales and backlog, driven by power demand from AI data centers. Argan (NYSE: AGX) has experienced a dramatic stock and backlog increase as an engineering […]
Read moreJuly 17, 2026 9:29 am
Key Moments Brent crude traded at $85.12/bbl, positioning the benchmark for its first close above $85 in more than a month. Deutsche Bank’s Early Morning Reid connected the move to ongoing US-Iran strikes and potential disruption in the Red Sea oil route. The latest rise in oil prices has reinforced concerns about persistent inflation and […]
Read moreJuly 17, 2026 9:09 am
Key Moments EUR/GBP recovered toward the 0.8500 area after touching a 13-month low at 0.8455. A Reuters poll showed 70% of respondents expect the ECB to deliver a 25-basis-point rate hike in September following a July pause. The pair remains on course for a fourth straight weekly decline, with the Euro down about 2.20% against […]
Read moreJuly 17, 2026 8:18 am
Key Moments USD/IDR extends its decline for a fourth session, trading near 17,990 during Friday’s Asian session. Indonesia’s Q2 foreign direct investment rises 27.4% year-over-year, supporting Rupiah sentiment. Middle East tensions support the US Dollar, but softer US inflation reduces expectations for near-term Fed hikes. Rupiah Strengthens as Capital Inflows Improve Sentiment USD/IDR remained under […]
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