June 10, 2026 1:00 pm
Key Moments BNY’s Bob Savage reports that Canadian Dollar flows have completely reversed going into the June Bank of Canada decision compared with April, when CAD demand was generally positive. Weaker real and nominal rates and expectations that the BoC will rank among the most dovish G10 central banks are cited as key drivers of […]
Read moreJune 10, 2026 12:51 pm
Key Moments Silver (XAG/USD) trades at $63.99 per troy ounce, down from $65.37 on Tuesday. The metal has declined 9.98% since the start of the year. The Gold/Silver ratio moved down to 64.93 from 65.18. Spot Price Action Silver prices (XAG/USD) moved lower on Wednesday, based on FXStreet data. The metal is quoted at $63.99 […]
Read moreJune 10, 2026 12:42 pm
Key Moments South Africa’s GDP expanded slightly faster in the first quarter than most analysts in a Bloomberg survey had anticipated. Growth was supported by a stronger trade balance and government-driven domestic demand, while private consumption and investment remained subdued. Higher energy import costs, softer precious metal prices, and uncertainty linked to the Iran conflict […]
Read moreJune 10, 2026 10:00 am
Key Moments RBC Capital Markets downgraded Nike to Sector Perform from Outperform and lowered its price target to $50 from $70. The bank trimmed its FY27 and FY28 EPS forecasts for Nike by 9% and 13%, leaving estimates about 2% below consensus in both years. RBC’s discounted cash flow valuation implies roughly 15% upside to […]
Read moreJune 10, 2026 9:19 am
Key Moments Hungary’s CPI inflation eased to 1.8% y/y in May from 2.1% y/y in April, coming in below the lower bound of the MNB’s tolerance range. The current key policy rate remains at 6.25%, with Commerzbank seeing a strengthened case for a rate cut at the 23 June meeting. Commerzbank expects EUR/HUF to trade […]
Read moreJune 10, 2026 8:20 am
Key Moments USD/INR declines toward 95.15 on Wednesday despite renewed US-Iran military tensions and firmer crude prices. Foreign Institutional Investors have been net sellers on every trading session so far in June, divesting Rs. 60,529.36 crore. Markets are focused on upcoming US and India CPI releases, with May US headline inflation expected at 4.2% and […]
Read moreJune 10, 2026 7:41 am
Key Moments AUD/USD trades around 0.7025 in Asian hours on Wednesday, hovering just above a nearly two-month low set on Tuesday. Mixed Chinese inflation figures and renewed Middle East tensions support expectations that major central banks will maintain a hawkish stance. Key technical levels cluster between 0.6929 and 0.7172, with bears watching 0.7003 and bulls […]
Read moreJune 10, 2026 6:13 am
Key Moments USD/CAD trades around 1.3950 during Asian hours on Wednesday after minor gains in the prior session. Escalating Middle East tensions and fresh U.S. strikes on Iranian coastal targets underpin U.S. Dollar strength. Higher crude oil prices bolster the commodity-linked Canadian Dollar, reflecting Canada’s role as the largest crude exporter to the U.S. USD/CAD […]
Read moreJune 9, 2026 2:10 pm
Key Moments Microchip Technology (NASDAQ:MCHP) shares rose 1.7% in premarket trading after the launch of the TimePictra 12 timing management platform. TimePictra 12 more than doubles element capacity to 5,000 and adds an overhauled graphical interface and enhanced automation features. The platform centralizes monitoring and management of advanced timing architectures across 5G, utilities, transportation, power […]
Read moreJune 9, 2026 2:02 pm
Key Moments Bitcoin fell 2.5% to $62,261.4 by 09:39 ET (13:39 GMT) after a more than 17% drop last week. Strategy Inc (NASDAQ: MSTR) reported a $101 million purchase of 1,550 Bitcoin, lifting its total holdings to 845,256 coins. Spot Bitcoin ETFs recorded $91.4 million in outflows on Monday, following $1.7 billion in redemptions last […]
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