July 23, 2026 6:43 am
Key Moments Silver finds buying interest near the $58.25-$58.20 area, limiting the latest pullback from the $61.00 region. A breakout above the $59.00 confluence zone, including the 100-period 4-hour SMA and 23.6% Fibonacci retracement, supports a constructive bullish bias. Failure to hold above $59.00 would be required to undermine the broader positive technical setup for […]
Read moreJuly 23, 2026 6:22 am
Key Moments AUD/NZD rose to a one-and-a-half-week high around 1.2060-1.2065 during the Asian session after the latest Australian labor report. Australia’s June Employment Change came in at 76.3K with the Unemployment Rate at 4.4%, reinforcing expectations for further RBA tightening. Anticipation of another RBNZ hike in September, supported by stronger New Zealand inflation, may limit […]
Read moreJuly 23, 2026 6:01 am
Key Moments USD/CAD trades defensively below 1.4100 in the Asian session, after rebounding from the 1.4000 psychological area earlier in the week. Rising crude oil prices, driven by heightened Middle East tensions and reported shipping disruptions, support the oil-linked Canadian Dollar. Renewed US-Canada trade war concerns and diverging Fed-BoC policy expectations create mixed signals for […]
Read moreJuly 22, 2026 2:22 pm
Key Moments TE Connectivity projected fourth-quarter adjusted earnings of $3.05 per share and revenue of about $5.25 billion, both above analyst expectations. The company agreed to acquire Astrodyne TDI for $1.4 billion and anticipated closing the transaction by the end of 2026. Third-quarter revenue increased 14% to $5.16 billion, while adjusted profit reached $2.94 per […]
Read moreJuly 22, 2026 1:33 pm
Key Moments Siemens Energy shares fell 8% after GE Vernova stock dropped 7% following its updated full-year revenue guidance. GE Vernova’s second quarter revenue came in at $11.10 billion, up 22% year over year and ahead of the $10.82 billion consensus estimate. GE Vernova lifted its full-year revenue and adjusted free cash flow forecasts, but […]
Read moreJuly 22, 2026 12:41 pm
Key Moments Philip Morris International cut its full-year adjusted EPS outlook to a range of $8.26-$8.41, down from $8.31-$8.46. Regulatory approval for certain Zyn nicotine pouches and the launch of Zyn Ultra underpin a stepped-up U.S. investment push. Second-quarter revenue increased 10.4% to $11.19 billion, beating the $10.63 billion analyst estimate, while adjusted EPS rose […]
Read moreJuly 22, 2026 9:32 am
Key Moments August feeder cattle futures on CME declined to 349.55 cents per pound as extreme heat and higher grain prices curbed feedlot demand. Meat packers remained unprofitable at a loss of $217.65 per head of cattle, though this narrowed from a $275.20 loss the prior day. CME October hog futures advanced to 88.125 cents […]
Read moreJuly 22, 2026 9:21 am
Key Moments Magyar Nemzeti Bank reduced its policy rate to 5.75% and signaled that additional monetary easing is likely. Societe Generale strategists project a 5.0% terminal policy rate by year-end, with EUR/HUF seen having bottomed near 348.59. EUR/HUF is still expected to end 2026 around 355, with risks tied to oil prices and Hungary’s 2027 […]
Read moreJuly 22, 2026 6:33 am
Key Moments USD/CAD trades near the 1.4100 handle in Asian dealings as the pair eases from recent strong gains. Rising crude oil prices tied to geopolitical tensions lend support to the commodity-linked Canadian Dollar. Diverging expectations for the Federal Reserve and Bank of Canada interest-rate paths point to potential dip-buying in USD/CAD. USD/CAD Softens After […]
Read moreJuly 22, 2026 6:25 am
Key Moments NZD/USD trades near 0.5830 in Asian hours after giving back early gains from a bullish gap. Safe-haven demand for the US Dollar rises amid tensions involving US-Iran dynamics and Houthi threats to Red Sea shipping. New Zealand’s annual inflation jumps to 4.1% in Q2, above forecasts and the RBNZ target band, bolstering expectations […]
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