May 21, 2026 9:59 am
Key Moments Average daily primary aluminum output declined to 197.4kt in April, according to International Aluminium Institute data. Total global monthly production fell 5.3% month-on-month and 2% year-on-year to 5.92mt, with weakness across major producing regions. Gulf region output dropped 29% MoM and 34.6% YoY to 330kt, marking its lowest level since November 2013. Overview […]
Read moreMay 21, 2026 9:09 am
Key Moments Bitcoin traded at $77,651.4 by 02:39 ET (06:39 GMT), after touching $78,165.2 in the prior 24 hours. Nvidia reported quarterly revenue of $81.6 billion and projected about $91 billion for the second quarter, lifting global tech and crypto sentiment. SpaceX disclosed holdings of 18,712 Bitcoin as of March 31 in its IPO prospectus, […]
Read moreMay 21, 2026 8:58 am
Key Moments Google announced a $15 billion infrastructure investment in Missouri, centered on a new data center in New Florence, Montgomery County. Governor Mike Kehoe highlighted that the initiative will create jobs and bolster local businesses and communities. Google has arranged more than one gigawatt of new generation capacity in Missouri and is backing over […]
Read moreMay 21, 2026 8:10 am
Key Moments NZD/USD trades near 0.5860 in Asian hours after falling back from a 0.62% gain in the prior session. New Zealand posts a record NZD 1.92 billion April trade surplus, far exceeding expectations and driven by exports of NZD 8.6 billion. FOMC April Minutes signal the Fed may consider rate hikes if inflation stays […]
Read moreMay 21, 2026 6:54 am
Key Moments USD/JPY trades almost unchanged around 159.00 during the Asian session as traders await developments on a potential US-Iran agreement. Expectations for at least one Federal Reserve rate hike this year slipped to 51% from 61.3%, according to the CME FedWatch tool. Japan’s 10-year JGB yield edges up to around 2.77%, close to the […]
Read moreMay 21, 2026 6:23 am
Key Moments AUD/USD trades near 0.7120 after earlier gains of more than 0.5% faded during Thursday’s Asian session. Australia’s Unemployment Rate rose to 4.5% in April and Employment Change fell by 18.6K, sharply missing expectations. Ongoing US-Iran negotiations and threats over potential military action support a firm US Dollar and weigh on AUD/USD. Australian Labor […]
Read moreMay 20, 2026 2:20 pm
Key Moments USD/CAD is trading around 1.3773, with the pair more than one standard deviation above Scotiabank’s fair-value estimate of 1.3567. A downside surprise in Canadian CPI, including unexpected softness in services, is weighing on CAD despite strength in core goods. Scotiabank strategists see a bullish USD setup, with gains through 1.3758 opening scope for […]
Read moreMay 20, 2026 1:51 pm
Key Moments NZD/USD trades near 0.5850 on Wednesday, up 0.22%, but further upside remains capped by sustained demand for the US Dollar. Safe-haven flows into the Dollar are underpinned by geopolitical tensions following comments from US President Donald Trump on possible renewed military action against Iran. The PBOC keeps key Loan Prime Rates unchanged for […]
Read moreMay 20, 2026 1:24 pm
Key Moments U.S. equity index futures traded higher, with Nasdaq 100 futures up by 208 points, or 0.7%, ahead of Nvidia’s quarterly earnings release. Analog Devices advanced after agreeing to buy Empower Semiconductor for about $1.5 billion in cash to expand its AI-oriented power management business. Energy stocks including Chevron, Exxon Mobil, and several oil […]
Read moreMay 20, 2026 9:20 am
Key Moments USD/INR trades close to 97.00, hovering near its all-time high as the Rupee lags major peers. WTI Oil trades near $101.80, over 50% higher since the start of the Middle East conflict, intensifying pressure on oil-importing economies such as India. Foreign Institutional Investors turned net sellers on Tuesday, offloading Indian equities worth Rs. […]
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