December 18, 2025 1:07 pm
Key Moments USD/JPY is holding above the 155.00 level as markets await the Bank of Japan’s upcoming policy decision. Recent Fed rate cuts, soft U.S. payrolls, and expectations for a BoJ hike have not produced a significant yen rebound. MUFG expects the BoJ to maintain guidance for further gradual rate hikes, with a 25bps move […]
Read moreDecember 18, 2025 10:33 am
Key Moments The Dollar Index rose 0.1% to 98.127, extending gains from the prior session, though it remains more than 9% lower this year. GBP/USD slipped to 1.3359 as markets anticipated a Bank of England rate cut from 4.0% to 3.75% after a sharp inflation slowdown. USD/JPY climbed to 155.82 as the yen weakened ahead […]
Read moreDecember 18, 2025 8:38 am
Key Moments Bitcoin traded 0.3% lower at $86,554.6 by 01:55 ET (06:55 GMT), extending its subdued price action. Persistent outflows from U.S.-listed spot Bitcoin ETFs have continued to weigh on sentiment and price support. Altcoins broadly weakened, with Cardano and Polygon each sliding 5% and Ethereum dropping 3.7%. Bitcoin Steadies Below $90,000 as Momentum Fades […]
Read moreDecember 18, 2025 7:20 am
Key Moments Jefferies projects gold prices of $4,200/oz in 2026, up from $3,418/oz in 2025. However, it maintains a longer-term assumption of $3,000/oz. Meanwhile, gold miners in Jefferies’ coverage are expected to see wider margins as gold prices outpace growth in all-in sustaining costs. As a result, the firm anticipates higher free cash flow per […]
Read moreDecember 17, 2025 2:54 pm
Key Moments NZD/USD trades about 0.15% lower near 0.5775 during the European session as the U.S. Dollar rebounds. U.S. Unemployment Rate climbed to 4.6% in November, the highest level since September 2021, while markets look to CPI data next. New Zealand Q3 GDP is anticipated to rise 0.9% after a -0.9% contraction, with NZD outperforming […]
Read moreDecember 17, 2025 1:34 pm
Key Moments RBC Capital raised Airbnb (NASDAQ:ABNB) to Outperform after more than four years with a neutral stance. The firm increased its price target on Airbnb shares to $170 from $145, based on a 22x 2026 EV/EBITDA valuation. RBC highlighted Airbnb’s brand, first-party data, and hotel expansion as key drivers, while flagging growth, pricing, AI, […]
Read moreDecember 17, 2025 11:15 am
Key Moments XAG/USD stayed above $65.50 after touching a new record high at $66.64. Softer US labor data and expectations of Federal Reserve rate cuts supported precious metals.
Read moreDecember 17, 2025 10:23 am
Key Moments OpenAI is reportedly in discussions with Amazon (NASDAQ:AMZN) to raise $10 billion or more, according to The Information. The potential funding round would value OpenAI at over $500 billion, reflecting sustained investor demand for leading AI players. Amazon shares rose 1.4% in premarket trading by 04:53 ET on Wednesday following the report. Reported […]
Read moreDecember 17, 2025 9:53 am
Key Moments Ford Motor canceled a 9.6 trillion won (approximately $7.2 billion) battery supply contract with LG Energy Solution. The original 2024 agreement has now officially ended. LG Energy Solution cited Ford’s EV production halt, policy changes, and revised demand forecasts as the reasons for ending the deal. Overview of the Contract Termination LG Energy […]
Read moreDecember 17, 2025 8:35 am
Key Moments Global coal demand is projected to rise 0.5% in 2025, reaching a record 8.85 billion metric tons, according to the IEA’s Coal 2025 report. The IEA expects worldwide coal consumption to plateau and then gradually decline through 2030, as renewables, nuclear, and natural gas gain share. China remains the key swing factor, consuming […]
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