March 24, 2026 12:29 pm
Key Moments EUR/HUF’s February slide halted near 374 before rebounding sharply toward 400, with the 50-DMA at 383/381 highlighted as a crucial support band. Societe Generale notes Hungary’s sensitivity to oil price shocks and sees elevated geopolitical risks arguing for a prolonged period of policy stability at the National Bank of Hungary. The bank remains […]
Read moreMarch 24, 2026 10:19 am
Key Moments NVIDIA (NASDAQ: NVDA) may alter its upcoming Feynman AI chip platform because of constrained 2 nanometer capacity at TSMC (NYSE: TSM), according to Taiwan’s Economic Daily News. TSMC’s advanced 2 nanometer production is reportedly fully booked until 2028 and potentially beyond, driven by strong demand from major AI customers including Nvidia and Meta. […]
Read moreMarch 24, 2026 9:17 am
Key Moments Valero Energy Corp shut its 380,000-bpd Port Arthur, Texas refinery after an explosion and fire at a 47,000-bpd diesel hydrotreater unit. The blast, heard up to 11 miles away, left the refinery without water and steam as firefighters worked for nearly five hours to control the blaze. All personnel were accounted for, while […]
Read moreMarch 24, 2026 8:49 am
Key Moments Ford Motor is recalling 254,640 SUVs in the U.S. due to software problems affecting rearview camera and ADAS functionality. Models involved include Lincoln Navigator, Lincoln Nautilus, Lincoln Aviator, and Ford Explorer SUVs, according to the NHTSA. The software fix will be delivered either by dealers or via an over-the-air update, the NHTSA said. […]
Read moreMarch 24, 2026 8:33 am
Key Moments GBP/JPY recovered from an intraday pullback toward the 212.30-212.25 band and last traded around 212.65-212.70, broadly flat on the day. A softer National CPI reading in Japan and a hawkish Bank of England stance are providing opposing forces that support GBP while weighing on JPY. Market participants are focused on upcoming flash UK […]
Read moreMarch 24, 2026 8:21 am
Key Moments Oracle is redesigning its cloud-based financial software so artificial intelligence agents can handle tasks and retrieve data in response to human business questions. The updated capabilities focus on Oracle’s Fusion applications, which support core processes such as factory production planning and customer collections. Oracle’s strategy aims to shift routine data entry and execution […]
Read moreMarch 24, 2026 7:42 am
Key Moments NZD/USD retreated to the 0.5825 area after failing again to clear its 200-day Simple Moving Average. Renewed geopolitical tensions and concerns over inflation supported the US Dollar and pushed US Treasury yields higher. A dovish Reserve Bank of New Zealand and Fitch Ratings’ downgrade of New Zealand’s credit outlook further weighed on the […]
Read moreMarch 24, 2026 7:20 am
Key Moments WTI trades near $91.00 per barrel in Asian hours on Tuesday after suffering more than 9% losses the previous day. Signals of possible direct military involvement by US-aligned Gulf states in the Iran conflict heighten supply risk. Transit through the Strait of Hormuz remains limited and tightly controlled, with only several LPG vessels […]
Read moreMarch 23, 2026 3:28 pm
Key Moments Bank of America raised its price target on Dell Technologies to $172 from $155, citing stronger-than-expected AI-server revenue projections. BofA increased its Sandisk price target to $900 from $850 amid a “strong NAND outlook,” firm NAND pricing, and tightening supply. The bank flagged ongoing tightness in optical fiber supply and warned that pull-forward […]
Read moreMarch 23, 2026 3:16 pm
Key Moments ING’s model places EUR/GBP roughly 0.5% above its short-term fair value, suggesting only modest mispricing. Upcoming comments from European Central Bank and Bank of England officials are expected to influence rate expectations and the EUR/GBP outlook. Unstable global risk sentiment is viewed as a key factor limiting the scope for a stronger, sustained […]
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