April 9, 2026 8:44 am
Key Moments BNY’s Geoff Yu notes that EUR positioning has shifted from a “hedge the Dollar” stance to a net underheld status. The Norwegian Krone may weaken if energy prices peak and Norges Bank resumes FX purchases. EUR and NOK sit at opposite ends of the FX spectrum, reflecting Eurozone stagflation worries versus Norway’s trade […]
Read moreApril 9, 2026 7:11 am
Key Moments WTI trades near $91.90 per barrel in Asian hours, rebounding after two sessions of losses. Tanker movements through the Strait of Hormuz remain heavily constrained due to fresh tensions and US-Iran ceasefire uncertainty. Analysts warn that logistics, security, and insurance hurdles may limit additional flows through Hormuz over the next two weeks. WTI […]
Read moreApril 9, 2026 6:59 am
Key Moments EUR/JPY trades near 185.20 in early European hours. The Yen weakens on fiscal expansion concerns. Meanwhile, traders assess the chance of an April Bank of Japan rate hike. Markets price in odds of up to 70%. At the same time, ECB officials keep a hawkish tone. They see April as possible, though many […]
Read moreApril 9, 2026 6:42 am
Key Moments EUR/USD finds support around 1.1650 in Asian trading after pulling back from a more than one-month high. A dovish Federal Reserve outlook keeps USD gains in check, while uncertainty over a US-Iran ceasefire limits Dollar weakness. Bulls are eyeing a sustained break above the 200-day SMA and 38.2% Fibonacci confluence near 1.1670 before […]
Read moreApril 9, 2026 6:13 am
Key Moments: GBP/USD trades near 1.3400 in Thursday’s Asian session. It stays above the 20-day EMA at 1.3325, keeping a slight bullish tone. Meanwhile, doubts over the US-Iran ceasefire weigh on risk sentiment. S&P 500 futures fall 0.2% to 6,770, while the DXY edges up to 99.05. Looking ahead, traders focus on Friday’s US March […]
Read moreApril 8, 2026 2:20 pm
Key Moments TD Securities strategists see elevated opportunity costs for holding Gold in the near term due to energy-driven inflation and delayed Fed cuts. They identify the absence of Middle East capital flows into the Gold market as an additional downside factor. Their outlook anticipates Gold moving back above $5,000 in the latter part of […]
Read moreApril 8, 2026 1:37 pm
Key Moments Copper shifted from one of the weakest to one of the strongest performing metals, following a period of pronounced underperformance. Short-term pressure on prices stems from elevated LME inventories and the prospect of stockpile sales and a potential mine restart in Panama. Chilean copper production dropped in February to its lowest monthly level […]
Read moreApril 8, 2026 1:02 pm
Key Moments USD/BRL closed last week at 5.1573, with the Brazilian Real up 1.6% over the week against the Dollar. Rabobank maintains a year-end 2026 USD/BRL projection of 5.55 despite recent Real strength. Analysts flag rising geopolitical tensions, higher oil prices, and Brazil’s fiscal and election-year uncertainties as key risks. Recent FX Performance and Forecast […]
Read moreApril 8, 2026 12:44 pm
Key Moments NVIDIA committed $2 billion to Marvell Technology, following similar-sized investments in Lumentum and Coherent. Marvell shares jumped 13% on the announcement and added another 7.7% the next day, lifting their 2026 gain to nearly 30%. The deal deepens Marvell’s role in NVIDIA’s NVLink Fusion ecosystem and broadens collaboration into networking, optical interconnect, and […]
Read moreApril 8, 2026 9:35 am
Key Moments Stellantis is in advanced talks with Leapmotor to co-develop an Opel electric SUV. Production will take place at Zaragoza, Spain. The Opel SUV will share its platform with Leapmotor’s B10 compact SUV. Stellantis targets 50,000 units per year, starting in 2028. Stellantis is exploring other joint projects with Leapmotor. These include the next […]
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