June 22, 2026 1:09 pm
Key Moments Chevron shares rose 1.3% in pre-market trading after announcing a 20-year power purchase agreement with Microsoft for a planned data center complex in West Texas. Project Kilby is expected to provide about 2.67 gigawatts of capacity, with first power targeted for 2028 and a final investment decision anticipated before year-end. The project is […]
Read moreJune 22, 2026 10:46 am
Key Moments EUR/JPY trades near 185.30 on Monday, up 0.16% as markets position for Eurozone PMI data and ECB communication. ECB official Pierre Wunsch flags the possibility of another rate hike as soon as next month, with the deposit rate at 2.25%. The Japanese Yen stays under pressure despite intervention warnings and rising BoJ rate […]
Read moreJune 22, 2026 8:53 am
Key Moments Jefferies cut its Tesla (NASDAQ: TSLA) price target to $375, implying roughly 6% downside from current trading levels. The firm highlighted a new structural risk that TSLA may increasingly trade as a proxy for SpaceX (NASDAQ: SPCX) following the SPCX IPO. Jefferies expects initial losses from Tesla’s robotaxi and humanoid initiatives, diverging from […]
Read moreJune 22, 2026 7:42 am
Key Moments Cardano (ADA) trades around $0.158 on Monday after a decline of more than 14% in the prior week. Whales holding between 10 million and 100 million ADA have added 370 million tokens since June 15, while mid-sized wallets cut exposure. Derivatives metrics show a long-to-short ratio at 0.40 and positive funding at 0.0050%, […]
Read moreJune 22, 2026 7:25 am
Key Moments USD/JPY moved back above the mid-161.00s during the Asian session, staying close to last Thursday’s highest level since July 2024. Market concerns over Middle East risks and energy supply disruptions through the Strait of Hormuz weighed on the Japanese Yen despite intervention rhetoric. A wide US-Japan rate differential and expectations for further Fed […]
Read moreJune 22, 2026 6:27 am
Key Moments EUR/JPY traded around 185.20 in Asian hours on Monday, extending gains for a third straight session while holding above its 50-day EMA at 185.12. The pair is pressing against immediate resistance at the nine-day EMA of 185.22 as the 14-day RSI sits at a neutral 49.6, pointing to range-bound conditions. Upside levels include […]
Read moreJune 20, 2026 12:25 pm
Key Moments USD/CAD trades near 1.4170, its highest level since April 2025, as softer Canadian data weighs on the Loonie. Canadian Retail Sales rise 0.5% in April, missing expectations, while ex-auto sales increase just 0.1%. Markets price in a 70% probability of a Federal Reserve rate hike in September, supporting the US Dollar. USD/CAD Extends […]
Read moreJune 20, 2026 12:12 pm
Key Moments The Malaysian rubber market is anticipated to move sideways with a slight downward tilt next week amid easing geopolitical tensions and uneven supply conditions. An MoU signed on June 17 between the United States and Iran to end hostilities in the Gulf region is viewed as improving global risk sentiment and stabilizing shipping […]
Read moreJune 20, 2026 11:54 am
Key Moments USD/JPY has been trading around 161.31, close to its 2026 high of 161.80 after climbing from about 155.0 in April. Mizuho Securities notes that the Bank of Japan maintained a tightening bias and is continuing to consider further rate hikes. Mizuho expects the BoJ’s preferred core CPI measure to rise into the 2.5%-3.0% […]
Read moreJune 20, 2026 11:28 am
Key Moments Stellantis holds a 9.5% equity interest in U.S.-based solid-state battery startup Factorial Energy, according to an SEC filing. The automaker values its total stake in Factorial at approximately $126 million based on current market prices and may consider purchasing additional shares. Stellantis has incorporated Factorial’s ‘FEST’ solid-state battery cells into a development vehicle […]
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