February 5, 2026 10:23 am
Key Moments Natural gas and proxies such as US Natural Gas Fund ETF (NYSE: UNG) have dropped nearly 60% over the past five years after a war-driven price spike in 2022. Warmer February weather expectations triggered about a 15% slide in natural gas prices on Sunday evening following a sharp, cold-driven run-up. Rising AI data […]
Read moreFebruary 5, 2026 9:53 am
Key Moments Brent crude futures settled at $68.67 per barrel after a $1.34 gain, according to UOB’s Global Economics & Markets Research Team. NY WTI futures advanced by $1.93 to close at $65.14 per barrel amid heightened US-Iran tensions. The EIA reported a 3.46 million-barrel decline in US crude inventories last week, with Lower 48 […]
Read moreFebruary 5, 2026 8:52 am
Key Moments Bitcoin traded 7.6% lower at $70,427.1, briefly touching an intraday low of $70,129.6. Roughly $770 million in crypto positions were liquidated over 24 hours amid thin liquidity and leveraged unwinds. Altcoins and meme tokens broadly declined, with XRP dropping 10% to $1.42 and Ethereum sliding 7.4% to $2,098.92. Bitcoin Extends Slide, Breaks Below […]
Read moreFebruary 5, 2026 8:13 am
Key Moments Alphabet expects 2026 capital expenditure to reach $175–185 billion, nearly doubling from $91.45 billion in 2025. Google Cloud revenue surged 48% to $17.7 billion in Q4, marking its fastest growth in over four years. Gemini AI now serves 8 million paid enterprise seats across 2,800 companies and over 750 million monthly users. Capital […]
Read moreFebruary 5, 2026 7:48 am
Key Moments USD/ZAR continues to trace a series of lower highs and lower lows, reinforcing a persistent medium-term downtrend. The pair is still trading beneath its 15-day and 20-day moving averages, which are acting as dynamic resistance and maintaining a bearish bias. The 16.10-16.20 area is a pivotal technical zone, with a break below favoring […]
Read moreFebruary 4, 2026 3:03 pm
Key Moments Analysts expect Amazon’s fourth-quarter physical store revenue to rise 5.4% year-on-year to $5.9 billion, with overall earnings forecast at $1.97 per share. Amazon is closing all Amazon Fresh and Amazon Go locations and plans to convert some of them into Whole Foods Market stores as part of a strategic shift. The company is […]
Read moreFebruary 4, 2026 2:36 pm
Key Moments Copper prices fell after Tuesday’s 4.6% surge, the largest one-day gain since November 2022. Rising inventories in London Metal Exchange warehouses in Asia and weaker Chinese spot demand weighed on sentiment. Glencore Plc agreed to sell 40% of its stakes in two African copper operations to a US government-backed group. Market Reverses After […]
Read moreFebruary 4, 2026 1:24 pm
Key Moments The US Dollar is rebounding from its late-January selloff, supported by firmer US economic data. GBP gained after UK Flash PMIs beat forecasts, while markets expect the BoE to hold rates with a 6–3 vote split. GBPUSD briefly topped 1.3790 before pulling back, with focus now on support near the 1.3500 trendline. Fundamental […]
Read moreFebruary 4, 2026 9:34 am
Key Moments Silver (XAG/USD) trades about 6% higher near $90.50 during Wednesday’s European session amid renewed US-Iran tensions. The metal bounced after a drop of more than 30% from its record high of $121.61, pressured by expectations around Kevin Warsh succeeding Jerome Powell at the Fed. XAG/USD remains below the 20-day EMA at $91.66, with […]
Read moreFebruary 4, 2026 8:37 am
Key Moments EUR/GBP has hovered around 0.8620-0.8627 after sliding to fresh five-month lows and breaking support at 0.8645. Eurozone inflation and Services PMI data are expected to underline weak price pressures and slowing services growth, limiting support for the Euro. The pair has violated the neckline of a large Head & Shoulders pattern, with technical […]
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