UOB’s Quek Ser Leang and Lee Sue Ann note GBP/USD remains under pressure after last week’s plunge, with scope for another test of 1.3300 before a recovery.
ING’s Warren Patterson and Ewa Manthey say China’s latest trade data for Copper are mixed, with higher unwrought Copper imports in May but lower year-to-date volumes due to stronger domestic refined output.
Key PointsSpaceX and Anthropic are both planning enormous market debuts.The former set its operation for later this week; the latter hasn’t yet set a date.These 10 stocks could min
Key PointsBased on the average Social Security benefit today, a 3.9% COLA adds about $81 to the typical monthly check.That doesn't account for a rise in Medicare Part B.If the stan
Key PointsUWM keeps gaining share despite elevated mortgage rates.Its broker-focused model creates a meaningful competitive advantage.Scale helps UWM maintain profitability in diff
Key PointsNvidia and Broadcom have long-term relationships to provide chips to Alphabet.TSMC has about 70% of the foundry chip market.Alphabet and Marvell are reportedly discussing
The Euro (EUR) ticks up for the third consecutive day against the US Dollar (USD) on Wednesday, but remains capped below a previous support zone at 1.1575, with the two-month lows, in the 1.1500 area, at hand.
Deutsche Bank’s Jim Reid describes a volatile session for US equities, with a sharp intraday tech sell-off largely reversing by the close. The S&P 500 and NASDAQ finished modestly lower, while semiconductors underperformed.
Cardano (ADA) edges lower to $0.1600 at press time on Wednesday, signaling a potential extension of the 30% loss from last week. The altcoin remains under intense selling pressure, weighing on its retail support.
Rabobank’s Global Strategist Michael Every highlights that Oil prices fell as the United States (US) energy secretary reported rising Hormuz transits, with evidence the US Navy may be moving more crude through the Strait than official data show.
TradingKey - During the Asian session on June 10, both Japanese and South Korean stock markets closed lower, weighed down by escalating military conflict between the U.S. and Iran, continued pressure
Billionaire financier Tim Draper believes that the conventional banking system faces a more immediate threat from quantum computing than Bitcoin does. The statements have raised a discussion about which financial institutions are at the greatest risk as the technology continues its rapid advancement into the mainstream. Draper in an X post wrote that he feels...
Bitcoin is already being eyed for a move toward $65,000 if a US-Iran deal is sealed, with US President Donald Trump saying such an agreement could be signed within two or three days. Related Reading:
MUFG’s Lloyd Chan highlights that a potentially hotter US CPI print could reinforce expectations of higher-for-longer US interest rates, underpinning broad US Dollar strength.
The EUR/GBP cross trades on a flat note near 0.8625 during the early European trading hours on Wednesday. Traders prefer to wait on the sidelines ahead of the European Central Bank (ECB) interest rate decision on Thursday.
Here is what you need to know on Wednesday, June 10:
EUR/JPY extends its gains for the third successive day, trading around 185.30 during the early European hours on Wednesday.
UOB’s Quek Ser Leang and Lee Sue Ann describe USD/JPY as range-bound intraday between 159.90 and 160.40 after a brief spike and reversal, but maintain a slightly positive multi-day stance.
BNB (BNB), formerly known as Binance Coin, continues to extend its losses, trading below $585 at the time of writing on Wednesday, having corrected over 3% so far this week.
Key PointsThe iShares Core MSCI Total International Stock ETF has outperformed the S&P 500 index in the past year (as of June 7).The iShares Core MSCI EAFE ETF has delivered a trai
TradingKey - Global semiconductor foundry giant TSMC ( TSM) announced its May 2026 revenue report on June 10, with monthly consolidated revenue reaching NT$416.98 billion, a significant year-on-year i
Silver price (XAG/USD) rebounds to near $65.00 in the European trading session on Wednesday after attracting bids at around over the two-month low of $63.45 earlier in the day.
Commerzbank’s Charlie Lay reports that Bank Indonesia delivered a surprise off-cycle 25 bp hike to 5.50%, reinforcing its focus on Rupiah stability through higher rates and FX intervention.
The Canadian Dollar (CAD) edges up against the US Dollar (USD) on Wednesday, with the USD/CAD pair trading near1.3940 after hitting year-to-date highs at 1.3969 on Tuesday.
TradingKey - Bitcoin's rebound falters as the U.S.-Iran conflict and CPI data likely sustain downward pressure.On June 10, escalating U.S.-Iran tensions put the already fragile crypto market to the te
Danske Research Team notes that major equity indices fell, led by weakness in the tech sector, which has dropped about 7% since Friday despite a modest rebound on Monday.
Key PointsSpaceX claims a $28.5 trillion total addressable market.A single project could make or break that growth potential.These 10 stocks could mint the next wave of millionaire