April 20, 2026 1:44 pm
Key Moments Goldman Sachs argued that recent downside in Apple shares does not reflect the company’s relative strength and outlook. The bank projected fiscal second-quarter EPS of $2.00 for Apple, exceeding the consensus estimate of $1.93. Goldman Sachs highlighted Services growth, advertising expansion, and upcoming product and AI announcements as potential catalysts. Apple Stock Lags […]
Read moreApril 20, 2026 1:37 pm
Key Moments Copper prices retreated from January highs near $6.58 but have been holding around $6.00 after bouncing from $5.24. July copper futures are tightly correlated with several past 4-year periods and show a 93% historical tendency to trade lower around June 19 than on April 28 over the last 15 years. Technical, seasonal, and […]
Read moreApril 20, 2026 1:25 pm
Key Moments UBS viewed the European food and household and personal care sector as attractive due to relatively low valuations and limited direct exposure to the Middle East, at about 3% of sales. The broker argued that strong pricing power and the ability to pass through higher commodity costs supported defensive earnings visibility despite consumer […]
Read moreApril 20, 2026 12:58 pm
Key Moments U.S. equity futures were lower, with Dow futures down 292 points, or 0.6%, by 07:30 ET (11:30 GMT) amid renewed U.S.-Iran tensions. Energy majors Chevron and Exxon Mobil traded higher in premarket action as oil prices climbed, while airlines and cruise operators weakened. AST SpaceMobile tumbled after a Blue Origin rocket failed to […]
Read moreApril 20, 2026 9:08 am
Key Moments Jefferies kept its Hold rating on Tesla and increased its price target to $350 from $300. Jefferies expects Tesla to post Q1 revenue of $21.2 billion, up 10% year-over-year but down from the prior quarter, with an operating margin below 3% and cash burn of about $1.9 billion. Analysts at Jefferies do not […]
Read moreApril 20, 2026 8:45 am
Key Moments GBP/JPY traded up toward 214.60 during Monday’s European session as the Yen lagged major peers. Market focus turned to upcoming UK labor and inflation releases, alongside Japan’s March CPI data. BoJ and BoE policy paths remained in focus, with investors questioning a BoJ hike and BoE’s Bailey signaling no hurry to adjust policy. […]
Read moreApril 20, 2026 8:24 am
Key Moments Brent crude has recovered to USD 95/bbl as tensions rise between the US and Iran around the Strait of Hormuz. Iran’s shifting stance on access to the Strait and continued US blockade enforcement have heightened geopolitical risk and price volatility. Danske Bank warns that if flows through the Strait do not restart, Brent […]
Read moreApril 20, 2026 7:10 am
Key Moments Bitcoin (BTC) traded around $74,500 on Monday, holding above the 50-day EMA at $71,893 and a reclaimed downtrend line near $72,940. Ethereum (ETH) changed hands near $2,280, maintaining a slight bullish tone above its 50-day EMA at $2,210 after breaking out of a horizontal channel. XRP traded at $1.40, up 5% week-on-week but […]
Read moreApril 20, 2026 6:20 am
Key Moments WTI trades near $86.70 during Asian hours on Monday as geopolitical tensions in the Strait of Hormuz intensify. Iran accuses the US of violating a ceasefire and promises retaliation after an alleged incident involving a commercial vessel. Market participants await Tuesday’s API inventory data, seen as a key gauge of near-term demand and […]
Read moreApril 17, 2026 2:22 pm
Key Moments WTI Crude trades near $81.50 after a 9.12% intraday drop, reversing an earlier spike above $90. Iran declares the Strait of Hormuz fully open to commercial vessels for the remainder of the ceasefire period. Earlier ING estimates indicated about 13 million barrels per day of Oil supply had been disrupted by the blockade. […]
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