April 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. […]
Read moreApril 17, 2026 2:07 pm
Key Moments GBP/USD reversed sharply after approaching 1.3600, retreating from a high of 1.3595 to a low of 1.3518. UOB strategists now expect intraday GBP/USD moves to be contained within a 1.3495-1.3555 range. A drop below 1.3480 would signal that the recent Pound advance has stalled, according to UOB. Range-Bound Trading Expected After Failed Push […]
Read moreApril 17, 2026 1:56 pm
Key Moments Barclays said recent shareholder letter disclosures reinforce a long-term bullish view on Amazon Web Services’ artificial intelligence business. AWS’s AI services reached an annualized revenue run rate of $15 billion in Q1 2026, with Amazon describing the trajectory as “ascending rapidly.” Amazon reported its U.S. grocery business generated more than $150 billion in […]
Read moreApril 17, 2026 12:58 pm
Key Moments Bernstein recommends a modest overweight in U.S. Consumer Discretionary and Consumer Staples for 2026, with a bias toward Staples. The firm’s preferred stocks include TJX, TPR, NKE, MAR, H, RCL, WMT, COST and PFGC amid recent underperformance of both consumer sectors versus the broader market. Several highlighted companies have recently beaten earnings expectations […]
Read moreApril 17, 2026 12:18 pm
Key Moments Netflix (NASDAQ:NFLX) shares dropped nearly 10% in premarket trading after co-founder and chairman Reed Hastings said he will leave the company. Hastings, who helped lead a failed bid for Warner Bros Discovery earlier this year, will not stand for re-election at Netflix’s annual meeting in June. Netflix exceeded first-quarter revenue and profit estimates […]
Read moreApril 17, 2026 10:45 am
Key Moments Brown Brothers Harriman flags underperformance in UK gilts and GBP as political scrutiny of Prime Minister Keir Starmer intensifies. BBH expects Labour’s weak position and fiscal credibility concerns to continue weighing on UK assets. With UK nominal GDP growth running below 10-year gilt yields, BBH anticipates EUR/GBP will move higher in line with […]
Read moreApril 17, 2026 9:05 am
Key Moments Commerzbank economists say the current drop in global oil production exceeds any supply shock of the past 50 years, yet price gains remain smaller than in the 1970s. Lower oil intensity in developed economies and the use of strategic reserves are cited as key factors limiting the hit to purchasing power and growth. […]
Read moreApril 17, 2026 8:39 am
Key Moments Silver (XAG/USD) trades near $78.70 in a narrow range as markets await timing details on a second round of US-Iran talks. US President Donald Trump says a deal with Iran is “very close” and that Iran has “agreed to almost everything.” Pressure on the US Dollar and firmer dovish Federal Reserve expectations are […]
Read moreApril 17, 2026 8:18 am
Key Moments: Stellar (XLM) traded around $0.167 on Friday after a more than 10% advance earlier in the week and a breakout above a descending trendline. The Stellar network processed over 14.19 million transactions on Thursday, marking its highest transaction count in the past quarter. Derivative funding rates for XLM turned positive on Monday and […]
Read moreApril 17, 2026 7:04 am
Key Moments USD/IDR jumped aggressively in Asian trading on Friday, reaching a new record high near the 17,1885-17,190 band. Middle East conflict, higher energy costs, and capital outflows have continued to weigh heavily on the Indonesian Rupiah. Geopolitical tensions at the Strait of Hormuz support the safe-haven USD, while easing Fed rate hike expectations limit […]
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