December 10, 2025 3:21 pm
Key Moments TD Cowen reiterated a Buy rating on Boeing with a $240 price target. The firm named the stock one of its Best Ideas for 2026. The firm projects Boeing’s free cash flow rising from $2.8 billion in 2026 to $7.7 billion in 2027 and $11.7 billion in 2028. These figures exclude Spirit AeroSystems […]
Read moreDecember 10, 2025 2:38 pm
Key Moments Meta Platforms (NASDAQ:META) stock declined 1.2%, while Alibaba (NYSE:BABA) gained 2% following a report on Meta’s AI strategy shift. Meta is reportedly building a new closed, revenue-generating AI model called “Avocado,” trained in part on Alibaba’s Qwen model. Internal frictions have emerged around Meta’s AI direction, including leadership changes and reported tensions over […]
Read moreDecember 10, 2025 1:22 pm
Key Moments Goldman Sachs identifies the Chinese yuan as one of its “highest conviction” FX calls for 2026, citing significant undervaluation. Goldman’s GSDEER model places yuan fair value near 5.00, implying roughly 30% undervaluation versus the dollar and close to 19% undervaluation by 2035 even after forecast appreciation. The bank’s GSFEER framework estimates the real […]
Read moreDecember 10, 2025 11:24 am
Key Moments Copper on the Shanghai Futures Exchange slipped 0.37% to 91,720 yuan a metric ton as of 0315 GMT, while London Metal Exchange three-month copper rose 0.67% to $11,564 a ton. Investors scaled back positions ahead of the U.S. Federal Reserve’s policy decision, with expectations of a “hawkish cut” in December amid persistent inflation […]
Read moreDecember 10, 2025 10:47 am
Key Moments Ashtead Group plc announced a share repurchase program of up to $1.5 billion to be carried out by its new holding company, Sunbelt Rentals Holdings Inc. The buyback is scheduled to begin on March 2, 2026, and is expected to end no later than June 24, 2026, with activity first on the LSE […]
Read moreDecember 10, 2025 7:58 am
Key Moments USD/JPY declined by 30 pips to 156.57 as the yen outperformed in Asian trading. Comments from Japanese Prime Minister Takaichi about closely monitoring market moves supported the yen. Traders are watching potential Bank of Japan tightening and a U.S. rate cut, with risks tied to a more hawkish tone from Chair Powell. Yen […]
Read moreDecember 10, 2025 7:31 am
Key Moments Spot gold in Asian trading edged up 0.1% to $4,211.24 per ounce, with March futures also adding 0.1% to $4,239.60/oz. Spot silver climbed to a record $62.018/oz after gaining over 100% so far in 2025, supported by supply concerns and safe haven interest. Markets broadly anticipated a 25-basis-point Federal Reserve rate cut, even […]
Read moreDecember 9, 2025 2:57 pm
Key Moments China’s steel shipments rose 6.7% in the first 11 months of 2025 to 107.72 million tonnes, as mills pushed exports while domestic construction demand remained weak. In contrast, refined aluminium exports fell 9.2% to 5.59 million tonnes over the same period, amid stronger local manufacturing and energy demand. Beijing’s informal production ceilings — […]
Read moreDecember 9, 2025 1:43 pm
Key Moments Standard Chartered now projects Bitcoin at $150,000 by end-2026, a sharp cut from its earlier $300,000 target. The bank no longer expects additional demand from Bitcoin treasury companies and now shifts its focus entirely to ETF inflows. The long-term price target has been delayed to 2030, when the bank now expects Bitcoin to […]
Read moreDecember 9, 2025 10:44 am
Key Moments Bank of America reports that speculative positioning is slightly short the U.S. dollar as 2025 approaches its end. EUR/USD demand dominated 2025 positioning flows, with the euro moving from a very short starting point to a long stance that has since been scaled back. The bank signals near-term caution on AUD and JPY, […]
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