February 5, 2026 10:35 am
Key Moments Copper prices reversed earlier gains as attention shifted back to weakening demand signals. London Metal Exchange inventories in Asia increased, while traders moved additional African spot cargoes into China. The China Nonferrous Metals Industry Association projected about a 5 per cent rise in refined copper output this year after a 10 per cent […]
Read moreFebruary 5, 2026 9:10 am
Key Moments GBP/USD fell to 1.3627 on Thursday as traders positioned ahead of the Bank of England meeting. Markets expect around 35 basis points of BoE cuts by year-end. One 25 bp move is fully priced, while a second is partially anticipated. Technical signals show a controlled correction within a broader uptrend. Key support lies […]
Read moreFebruary 5, 2026 8:33 am
Key Moments XRP fell 10.02% to $1.4404 on the Investing.com Index, marking its steepest daily loss since October 10, 2025. XRP’s market capitalization stood at $87.7660B, down from a prior peak of $210.6006B. Bitcoin and Ethereum also retreated, dropping 7.58% and 7.61% respectively on the day. XRP Suffers Steep Daily Decline XRP was quoted at […]
Read moreFebruary 5, 2026 7:30 am
Key Moments Spot silver dropped as much as 16.7% to $73.5565 an ounce, with March futures sliding more than 10% to $73.383/oz. The decline came abruptly during Asian trading and coincided with a modest strengthening of the U.S. dollar. Analysts described the pullback as a normalization phase, with underlying demand drivers for precious metals still […]
Read moreFebruary 5, 2026 7:02 am
Key Moments Brent crude futures declined 2.07% to $68.02 per barrel, while U.S. WTI fell 2.06% to $63.80. Prices reversed part of Wednesday’s roughly 3% surge after confirmation that U.S.-Iran talks in Oman are set to proceed. Analysts noted that geopolitical risk remains elevated despite the talks, with potential for the risk premium to rise […]
Read moreFebruary 4, 2026 3:11 pm
Key Moments USD/CHF hovered around 0.7750 on Wednesday, showing little change and remaining locked in a tight trading range. ADP data indicated U.S. private payrolls increased by only 22,000 in January, far below expectations of 48,000, while annual wage growth held at 4.5%. SNB leadership reiterated a vigilant stance on inflation, keeping price stability at […]
Read moreFebruary 4, 2026 2:16 pm
Key Moments ADA consolidates below the four-hour Ichimoku cloud, with lower highs maintaining a bearish short-term trend. Open interest in ADA derivatives dropped from over $1.5B to ~$565M, signaling lower leverage and risk appetite. CME Cardano futures debut on Feb 9 is seen as a hedging tool rather than an immediate price driver. Technical Structure […]
Read moreFebruary 4, 2026 1:46 pm
Key Moments Bunge Global issued a 2026 adjusted EPS outlook of $7.50 to $8.00, below Wall Street’s $8.71 estimate. The company posted its weakest fourth quarter and lowest full-year adjusted profit since 2019, with 2025 adjusted EPS at $7.57 versus $9.19 a year earlier. Shares fell 5% in premarket trading, despite having climbed more than […]
Read moreFebruary 4, 2026 11:17 am
Key Moments China plans to launch yuan-denominated LNG futures on the Shanghai Futures Exchange as soon as next month. The contracts aim to reduce reliance on overseas benchmarks and dollar pricing for Chinese LNG imports. Analysts expect China’s LNG imports to rise 12% to 76.5 million metric tons in 2026, supported by higher global LNG […]
Read moreFebruary 4, 2026 10:40 am
Key Moments Bank of America cut its end-Q3 and Q4 USD/CNY projections to 6.7 from 6.8, reflecting recent yuan appreciation. The bank highlighted spillover from yuan strength into broader emerging market currency gains. BofA research outlined four distinct currency groupings within China’s CFETS trade-weighted framework. Revised Forecasts Reflect Stronger Yuan Bank of America has lowered […]
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