June 30, 2026 12:37 pm
Key Moments Bernstein lifted its price target on SanDisk to $3,000 from $1,700, citing a structural shift in memory long-term agreements (LTAs). The broker estimates SanDisk’s LTA floor price at $0.29 per gigabyte, aligned with its second-quarter 2026 average selling price forecast. Under a modeled downturn, Bernstein projects SanDisk’s fiscal 2030 EPS at $214 with […]
Read moreJune 30, 2026 9:45 am
Key Moments USD/IDR traded around 17,940 in Asian hours on Tuesday and extended gains for a second session as the Rupiah weakened. Investor sentiment toward Indonesia worsened after lawmakers added an immunity clause for Danantara bond purchases. Markets focused on Indonesia inflation data and US labor figures. At the same time, Fed hike odds for […]
Read moreJune 30, 2026 9:12 am
Key Moments USD/INR has hovered near 94.60 for two weeks, with the pair trading around 94.65 on Tuesday in a subdued, range-bound manner. Lower crude prices, helped by a maintained ceasefire between the US and Iran, have continued to underpin the Indian Rupee. Foreign Institutional Investors were net sellers on Monday, divesting Indian equities worth […]
Read moreJune 30, 2026 8:53 am
Key Moments WTI trades near $70.10 per barrel during Asian hours as downside pressure persists. Uncertainty over possible US-Iran talks in Doha and a fragile interim ceasefire keeps risk sentiment cautious. Iraq’s push for a higher OPEC quota heightens supply concerns and strains cohesion within the producer group. WTI Holds Near Lows Around $70 Amid […]
Read moreJune 30, 2026 8:13 am
Key Moments EUR/JPY trades weaker around 184.85 during early European hours on Tuesday. Japanese officials reiterate readiness to act against excessive currency moves, keeping intervention risk in focus. Market participants scale back expectations for further ECB rate hikes as energy prices retreat. Euro-Yen Cross Under Pressure The EUR/JPY pair is on the back foot in […]
Read moreJune 30, 2026 7:21 am
Key Moments EUR/USD breaks below the 1.1400 level during the Asian session, ending a three-day advance. Heightened demand for the US Dollar, driven by Iran-related risks and firm Fed rate expectations, weighs on the pair. Technical signals stay mixed, with EUR/USD trading under the 200-period EMA on the 4-hour chart and key resistance near 1.1500. […]
Read moreJune 30, 2026 7:11 am
Key Moments Bitcoin (BTC) trades just under $60,000 on Tuesday, extending a multi-day consolidation within a broader downtrend. Solana (SOL), Zcash (ZEC), and Hyperliquid (HYPE) outperform over the last 24 hours, supported by ETF inflows into SOL and HYPE. Technical indicators for several major tokens point to easing downside pressure, but key moving averages and […]
Read moreJune 30, 2026 6:06 am
Key Moments GBP/USD trades near 1.3240 in Tuesday’s Asian session as the pair loses momentum. Market participants closely monitor upcoming U.S. ADP and Nonfarm Payrolls releases for policy clues. Economists anticipate the Bank of England will maintain its benchmark rate at 3.75% through year-end. GBP/USD Edges Lower in Asian Trading The British Pound weakened against […]
Read moreJune 29, 2026 12:47 pm
Key Moments The British Pound trades about 0.25% higher near 1.3230 against the US Dollar during the European session. Greater Manchester Mayor Andy Burnham pledges alignment with the Labour Party’s 2024 manifesto, supporting expectations of fiscal policy continuity. BoE MPC member Megan Greene votes for a rate hike as markets await US June Nonfarm Payrolls […]
Read moreJune 29, 2026 10:25 am
Key Moments British American Tobacco plans to remove about 5,500 jobs and transfer roughly 3,500 roles to external providers, affecting around 9,000 employees in total. The restructuring is expected to generate £600 million in additional annualized savings by 2028, with £500 million targeted by 2027. BAT shares fell 1.6% to £46.73 at 0940 GMT, underperforming […]
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