July 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 […]
Read moreJuly 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 […]
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