July 22, 2026 6:04 am
Key Moments USD/JPY trades in a bullish consolidation above 163.00, hovering close to its highest level since 1986. A persistent US-Japan yield differential and Middle East conflict-related economic risks continue to pressure the JPY. Expectations for further Fed tightening underpin the USD, while rising intervention concerns limit additional upside in USD/JPY. Yen Stabilizes Near Four-Decade […]
Read moreJuly 21, 2026 2:16 pm
Key Moments Market-based inflation expectations for Turkey for year-end 2026 and the next 12 months have increased again, weakening confidence in the disinflation narrative. Survey participants anticipate the CBRT will hold its policy rate at 37.0% at the upcoming meeting, then lower it to 34.7% by year-end. The same survey raised the end-2026 USD/TRY forecast […]
Read moreJuly 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 […]
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