February 18, 2026 3:13 pm
Key Moments Brent crude rose $1.85, or 2.7%, to $69.27 a barrel at 1227 GMT, while WTI advanced $1.78, or 2.9%, to $64.11. Peace discussions between Ukraine and Russia in Geneva ended after about two hours, with both sides calling the talks “difficult”. Oil markets also reacted to developments in U.S.-Iran nuclear talks and temporary […]
Read moreFebruary 18, 2026 2:43 pm
Key Moments Cisco Systems and Qunnect reported operating a quantum network over 17.6 kilometers (10.9 miles) of live fiber between Brooklyn and Manhattan. Qunnect’s architecture centralized cryogenic cooling at a single hub while enabling connected data centers to operate with room-temperature equipment. Cisco described the trial as “foundational” for future quantum data center interconnects and […]
Read moreFebruary 18, 2026 9:18 am
Key Moments Cocoa from Ivory Coast’s main crop is accumulating in warehouses as exporters resist paying the fixed farmgate price of 2,800 CFA francs ($5.09) per kg. The Coffee and Cocoa Council has stepped in with a program to buy 100,000 metric tons of unsold beans, accelerating purchases to prevent quality loss ahead of the […]
Read moreFebruary 18, 2026 8:57 am
Key Moments Western Digital will raise $3.17 billion by selling Sandisk shares in a discounted secondary offering. The company plans to exchange 5.8 million Sandisk shares for debt held by affiliates of J.P. Morgan and BofA Securities. After the transaction, Western Digital will still hold around $1 billion in Sandisk shares. Debt-Reduction Strategy via Sandisk […]
Read moreFebruary 18, 2026 8:31 am
Key Moments USD/JPY trades above the mid-153.00s after volatile prior-day moves, though it remains below Tuesday’s weekly high. Japan’s fiscal stimulus expectations and IMF warnings on tax cuts weigh on the Yen, even as BoJ tightening prospects limit losses. Dovish Fed rate-cut expectations and upcoming FOMC Minutes and US PCE data constrain further US Dollar […]
Read moreFebruary 18, 2026 7:28 am
Key Moments EUR/USD trades just below the mid-1.1800s in Asian dealings, hovering near a one-and-a-half-week low. Expectations for European Central Bank rate cuts and soft Eurozone sentiment weigh on the Euro. Investors focus on upcoming FOMC Minutes for clarity on the Federal Reserve’s rate-cut trajectory. EUR/USD Holds Steady After Fading Rebound The EUR/USD pair is […]
Read moreFebruary 12, 2026 3:27 pm
Key Moments LME nickel traded at $17,835 a tonne as of 6:45 a.m. London time, after briefly touching $17,910. Indonesia set 2024 nickel ore quotas at 260 million to 270 million tonnes, well below the 379 million tonnes targeted for 2025. Weda Bay Nickel’s ore quota was cut to 12 million tonnes for this year […]
Read moreFebruary 12, 2026 2:48 pm
Key Moments AUD/USD trades around 0.7140, having briefly touched a three-year high at 0.7147 before easing. Australian consumer inflation expectations rise to 5% in February from 4.6% in January, the highest level in nearly three years. Stronger-than-expected US labor data dampens near-term Federal Reserve rate-cut expectations, lending support to the US Dollar. Spotlight on AUD/USD […]
Read moreFebruary 12, 2026 2:12 pm
Key Moments Baxter projected 2026 adjusted earnings of $1.85 to $2.05 per share, trailing the $2.25 per-share consensus estimate from analysts. Lingering disruption from flooding at the North Cove facility following Hurricane Helene weighed on operations and contributed to a conservative outlook. Fourth-quarter adjusted earnings of $0.44 per share missed expectations, while revenue of $2.97 […]
Read moreFebruary 12, 2026 1:18 pm
Key Moments XAU/USD is trading close to the upper end of its weekly band, with buyers constrained just below the $5,100 region. Stronger-than-expected US Nonfarm Payrolls led markets to scale back expectations for imminent Federal Reserve rate cuts, offering limited support to the US Dollar. Gold’s broader uptrend remains in place, though short-term momentum has […]
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