May 22, 2026 9:13 am
Key Moments GBP/JPY traded just above the mid-213.00s, hovering near the nearly two-week high reached on Thursday. Japan’s National core CPI slowed to 1.4% YoY in April from 1.8%, staying below the BoJ target for a third consecutive month. UK Retail Sales fell 1.3% in April, yet expectations for at least one BoE rate hike […]
Read moreMay 22, 2026 8:49 am
Key Moments Feeder cattle futures at the Chicago Mercantile Exchange closed down by the full 9.250-cent daily limit at 356.525 cents per pound. Market participants focused on potential softness in consumer demand ahead of the US Memorial Day holiday and a key USDA cattle report. June lean hog futures fell 2.150 cents to 95.125 cents […]
Read moreMay 22, 2026 7:27 am
Key Moments EUR/GBP trades around 0.8650, extending a five-day advance but remains under pressure as the Euro weakens ahead of major German releases. Flash PMI data showed the Euro Area economy shrinking in May at its fastest rate since late 2023, driven by surging living costs and higher input prices. The UK GfK Consumer Confidence […]
Read moreMay 22, 2026 7:12 am
Key Moments AUD/JPY trades around 113.50 in early European dealings on Friday after a surprise rise in Australia’s Unemployment Rate. Market-implied probability of a June RBA rate hike falls to 3%, down from 13% before the latest employment data. The pair remains above the 100-day SMA at 110.70, with initial resistance at 113.65 and first […]
Read moreMay 22, 2026 6:02 am
Key Moments GBP/USD traded around 1.3425-1.3430 in a tight Asian-session range, staying capped near its 100-day EMA. Mixed Bank of England commentary and UK political uncertainty limited upside for the British Pound. Geopolitical tensions involving Iran and hawkish Federal Reserve expectations continued to bolster the US Dollar. GBP/USD Trapped in Tight Band Despite Weekly Gain […]
Read moreMay 21, 2026 1:05 pm
Key Moments Australian unemployment rose to 4.5% in April, with total employment declining by 18.6k and a larger share of full-time job losses. Composite PMIs dropped from 50.4 to 47.8, reinforcing expectations that the RBA will maintain a cautious policy stance after its May rate hike. ING’s Francesco Pesole keeps a bullish year-end view on […]
Read moreMay 21, 2026 10:50 am
Key Moments IBM (NYSE:IBM) shares climbed 6.6% Thursday after the Commerce Department said the company will receive $1 billion in quantum computing funding. The $1 billion award is part of a $2 billion U.S. government package spread across nine quantum-computing companies, including equity stakes. GlobalFoundries (NASDAQ:GFS) is set to receive $375 million, while most other […]
Read moreMay 21, 2026 9:37 am
Key Moments RaboResearch analysts argue the Iran War could accelerate a move away from unified oil pricing toward regionalized energy blocs. The team highlights the risk that energy flows increasingly follow geopolitically constrained supply chains tied to security pacts and currency arrangements. Rabobank frames its analysis as a scenario, not a formal forecast, emphasizing potential […]
Read moreMay 21, 2026 8:45 am
Key Moments Nvidia projected second-quarter revenue of $91 billion, plus or minus 2%. This beat LSEG estimates of $86.84 billion. It also announced an $80 billion share buyback plan. CEO Jensen Huang highlighted the new “Vera” CPU line. It targets a $200 billion market. Nvidia expects up to $20 billion in revenue from it by […]
Read moreMay 21, 2026 8:21 am
Key Moments EUR/JPY trades around 184.75 in early European hours on Thursday, with momentum indicators signaling a neutral tone. Stronger-than-forecast Japanese Q1 GDP, at an annualized 2.1% versus expectations of 1.7%, may offer support to JPY. Traders monitor potential FX intervention by Japanese authorities and hawkish rhetoric from ECB officials ahead of a possible June […]
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