June 17, 2026 9:05 am
Key Moments EUR/GBP trades near 0.8650 in early European dealings on Wednesday as the Euro outperforms the Pound. UK headline CPI rose 2.8% YoY in May, while core CPI increased 2.6% YoY, missing the 2.7% forecast. Markets focus shifts to upcoming UK labor data and the Bank of England rate decision, with rates expected to […]
Read moreJune 17, 2026 8:19 am
Key Moments USD/IDR trades near 17,770 in Asian hours after two straight sessions of declines. However, the Rupiah now faces renewed pressure. The Federal Reserve is expected to hold rates at 3.50%–3.75%. In addition, markets expect a hawkish tone from Chair Kevin Warsh. Bank Indonesia is also expected to maintain a hawkish bias on Thursday. […]
Read moreJune 17, 2026 6:38 am
Key Moments XAG/USD trades near $70.40 per troy ounce during Asian trading, extending gains for a fifth straight session. Markets expect a temporary US-Iran agreement to restore Iranian oil exports and secure shipping through the Strait of Hormuz. Investors also expect the Federal Reserve to keep interest rates unchanged at 3.50%-3.75%. Silver Climbs for a […]
Read moreJune 17, 2026 5:58 am
Key Moments The People’s Bank of China (PBOC) set the USD/CNY central parity rate at 6.8096 for Wednesday’s session. The new fixing compared with the previous day’s level of 6.8108. The latest central rate contrasted with a Reuters estimate of 6.7659. Latest USD/CNY Central Parity Setting The People’s Bank of China set the central parity […]
Read moreJune 16, 2026 2:11 pm
Key Moments Chicago SRW wheat futures finished higher on Monday, while spring wheat contracts ended lower. U.S. winter wheat harvest reached 25%, outpacing the 13% average pace, with condition ratings improving. Weekly U.S. wheat export shipments totaled 334,292 MT, with marketing year exports for 2026/27 now 6.1% below the same period last year. Mixed Early […]
Read moreJune 16, 2026 1:13 pm
Key Moments Corn futures were slightly lower by 1 to 1 1/2 cents in early Tuesday trade after posting gains of 3/4 to 3 3/4 cents on Monday. USDA data showed 94% of the US corn crop had emerged by June 14, with 68% rated good to excellent. Weekly export inspections reported 1.636 MMT of […]
Read moreJune 16, 2026 12:44 pm
Key Moments Polymarket traders continue to assign a 15.5% probability that China will invade Taiwan by Dec. 31, 2027, implying 84.5% odds against an invasion. Brent crude fell 5.16% to $82.82 and U.S. WTI slid 5.61% to $80.03 as markets reacted to signs of a possible end to the four-month U.S.-Iran conflict. The Polymarket Taiwan […]
Read moreJune 16, 2026 12:36 pm
Three AI Powerhouses With Defensible Moats Amid Seasonal Market Swings Key Moments: Advanced Micro Devices (NASDAQ: AMD) reported Q1 2026 revenue of nearly $10.3 billion, up 38% year over year and ahead of $9.9 billion consensus estimates. Taiwan Semiconductor Manufacturing Company (NYSE: TSM) posted Q1 2026 revenue of $35.9 billion, a 40.6% year-over-year increase, and […]
Read moreJune 16, 2026 11:24 am
Key Moments: The University of Sheffield AMRC secured £1m in funding to create HyDecarb, an open-access platform focused on decarbonizing industrial natural gas use. The project will convert a 20-year-old industrial furnace to run on variable blends of natural gas and hydrogen, supported by a gas decarbonization unit. Suiso’s microwave pyrolysis technology will generate a […]
Read moreJune 16, 2026 10:16 am
Key Moments USD/CNH has shifted from a sharp drop to a narrow consolidation band around 6.76, with intraday levels expected between 6.7540 and 6.7640. The recent price action has raised the likelihood of a test of 6.7510, while 6.7750 remains the key “strong resistance” level. On a 1-3 month horizon, UOB still anticipates a gradual […]
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