April 6, 2026 6:15 am
Key Moments AUD/USD traded around 0.6910 during Asian hours on Monday after two consecutive sessions of losses. The pair is trading below both the nine-day EMA at 0.6918 and the 50-day EMA at 0.6958, keeping the near-term bias bearish. Initial downside support is seen at the 11-week low of 0.6833, with potential resistance near the […]
Read moreApril 3, 2026 1:11 pm
Key Moments Three Magnificent 7 names – NVIDIA, Microsoft, and Amazon – are sitting at pivotal levels within the AI investment cycle. Institutional investors significantly increased positions in all three stocks in the fourth quarter of 2025 after a softer prior quarter. Despite heavy AI-related capital expenditures and recent volatility, major institutions were not exiting […]
Read moreApril 3, 2026 12:22 pm
Key Moments Physical Brent crude in the North Sea touched $141.37 per barrel, the highest level since 2008. The Strait of Hormuz has remained closed for more than a month, in what the International Energy Agency called the largest supply disruption in oil market history. A widening gap has emerged between physical Brent prices and […]
Read moreApril 3, 2026 12:07 pm
Key Moments Hershey (NYSE: HSY) faced higher cocoa costs but reported Q4 2025 adjusted EPS more than 20% above expectations. Mondelez International (NASDAQ: MDLZ) has seen modest institutional accumulation and trades at 18x forward earnings despite a roughly 6% gain in 2026. Tootsie Roll (NYSE: TR) may benefit from cocoa tariff rescission in Q4 2025, […]
Read moreApril 3, 2026 10:07 am
Key Moments Bitcoin last traded flat at $66,654.7 by 02:19 ET (06:19 GMT), with weekly performance largely unchanged. Market sentiment was restrained by escalating rhetoric around the U.S.-Iran conflict and uncertainty ahead of the U.S. nonfarm payrolls report. Major altcoins saw limited moves, with Ethereum up 0.4% to $2,058.92 and XRP 0.2% higher at $1.32, […]
Read moreApril 3, 2026 9:23 am
Key Moments Starbucks completed the sale of control of its China operations to Boyu Capital, as announced on a Thursday in early April. Funds managed by Boyu will own 60% of Starbucks’ China stores, with Starbucks retaining a minority interest and brand licensing rights. The partnership targets a rapid scale-up of Starbucks’ China footprint from […]
Read moreApril 3, 2026 8:34 am
Key Moments Nearby U.S. natural gas futures fell to their lowest level since January 16, erasing all gains attributed to winter storm Fern and putting the January 15 low at $2.689 back in play. The latest EIA report showed a 36 Bcf storage injection for the week-ending March 27, compared with a five-year average draw […]
Read moreApril 3, 2026 8:22 am
Key Moments Major U.S. energy stocks and the XLE ETF (NYSE:XLE) advanced as oil and gas prices moved sharply higher. Brent crude futures climbed nearly 8% to $109.12 per barrel, while U.S. West Texas Intermediate futures rose 8.7% to $108.84. President Donald Trump signaled intensified U.S. military action against Iran, stoking concerns over prolonged disruptions […]
Read moreApril 3, 2026 7:02 am
Key Moments GBP/USD traded around 1.3230 during Asian hours on Friday after falling more than 0.5% in the prior session. The pair stayed confined within a descending channel, with key support near 1.3150 and resistance at the nine-day EMA around 1.3273. The 14-day RSI hovered in the low-40s, signaling weak downside momentum without yet indicating […]
Read moreApril 2, 2026 2:26 pm
Key Moments Microsoft is developing large-scale AI systems to rival models from OpenAI and Anthropic. CEO Mustafa Suleyman targets state-of-the-art AI performance by 2027. The company is deploying Nvidia GB200 chips and plans major compute expansion within 18 months. Microsoft Expands In-House AI Strategy Microsoft is accelerating efforts to build its own large-scale AI models. […]
Read more