Forex Market News and Analysis

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Tue, 05 May 2026 15:30:05 GMT

Palantir Revenue Explodes 85%

Palantir shares soared as Q1 revenue hit $1.63B, driven by huge U.S. government demand and AI tools. CEO Alex Karp predicts the U.S. business will double by 2027.

Tue, 05 May 2026 14:27:50 GMT

Possible Triangle Pattern For Oil

4-hour LIGHT.CMD/USD chart displays a classic consolidation pattern following a strong impulsive rally, with price action currently squeezing between a descending resistance trendline and a critical immediate support level at 102.565. This volatility contraction—resembling a bull pennant or developing triangle—suggests a significant directional move is imminent. A decisive breakout above the downward-sloping trendline would signal a bullish continuation of

Tue, 05 May 2026 14:09:10 GMT

ISM Services PMI Signals Continued Expansion in March 2026 Amid Slower Growth

The March 2026 ISM Services PMI came in at 54%, showing that the services sector continued to expand for the 21st straight month. However, the pace of growth slowed compared to February's stronger reading of 56.1%. This result also signals that the overall U.S. economy has now grown for an impressive 70 consecutive months. Most industries within the services sector

Tue, 05 May 2026 13:50:22 GMT

Ferrari (RACE) Q1 2026 Results: Revenue Growth, Strong Profit Margins

Ferrari reported strong financial results for Q1 2026, with net revenues reaching €1,848 million, up 3% year over year. Operating profit (EBIT) rose to €548 million, representing a 29.7% margin, while EBITDA totaled €722 million with a 39.1% margin. Net profit came in at €413 million, resulting in diluted earnings per share of €2.33. Industrial free cash flow was particularly

Tue, 05 May 2026 13:21:52 GMT

Home Depot Outlook

Analysts raise HD targets post-Q4. The expanding Pro ecosystem and FY26 guidance drive recovery hopes, with shares 23.5% undervalued.

Tue, 05 May 2026 13:18:39 GMT

UK Jet Fuel Crisis

Goldman Sachs warns the UK is extremely exposed to jet fuel rationing and summer flight cuts due to the Iran war and zero strategic reserves.

Tue, 05 May 2026 09:30:03 GMT

Fed Signals Stable Interest Rates

The Federal Reserve hints at a wait and see approach for May. This predictability is narrowing the buyer-seller gap in the global M&A and private credit sectors.

Tue, 05 May 2026 07:39:32 GMT

Switzerland Sees Mild Inflation Rise in April 2026 Driven by Energy and Travel Costs

Switzerland's consumer prices rose slightly in April 2026. Overall inflation increased by 0.3% from March and was up 0.6% compared to a year earlier, showing that price growth remains low.The main reason for the monthly increase was higher costs for energy and travel. Fuel prices such as petrol, diesel, and heating oil rose sharply, and international flights and holiday packages

Tue, 05 May 2026 06:51:07 GMT

Ryanair to Shut Berlin Base

Ryanair will close its Berlin base in October 2026, cutting UK-Germany flights by 50%. The airline blamed high taxes and a 10% fee hike for the move.

Tue, 05 May 2026 06:33:20 GMT

AUD/JPY Technical Analysis

AUD/JPY pair is trading at approximately 112.335, reflecting a cumulative decline of roughly -0.68% since the start of the month. The price action is currently testing immediate support near the 112.30 area following a rejection from its recent local peak near 114.60. Technically, the pair is at a significant junction as it sits near its 50-day Simple Moving Average, a

Tue, 05 May 2026 06:15:06 GMT

S&P 500 Hits New Record High

The S&P 500 reached an unprecedented 7,230.12 points today. Global investors are buoyed by strong Q1 earnings and cooling inflation data in major economies.

Mon, 04 May 2026 03:30:05 GMT

Big Tech's AI Spending Split

Alphabet rose 5% on cloud gains; Meta fell 10%. Investors worry Meta lacks a cloud business to monetize its massive AI spending compared to hyperscaler peers.

Fri, 01 May 2026 18:30:03 GMT

Berkshire's Post-Buffett Era Begins

Greg Abel takes the helm as Berkshire Hathaway's CEO at this year's annual meeting, marking the first time Warren Buffett has stepped aside.

Fri, 01 May 2026 15:30:04 GMT

Bangladesh to Sign Boeing Jet Deal

Bangladesh is set to sign a deal for 14 Boeing aircraft, reversing a previous plan to buy from Airbus. The shift aims to modernize Biman's fleet and address a $6 billion trade imbalance with the U.S. to protect garment exports.

Fri, 01 May 2026 12:30:04 GMT

Qualcomm Shares Surge on Growth Outlook

Qualcomm shares jumped 15% after hours as CEO Cristiano Amon signaled a smartphone market bottom and a major expansion into data center chips. Despite light Q3 guidance, the push into AI inference and custom ASICs fueled investor optimism.

Fri, 01 May 2026 09:30:03 GMT

Nvidia B300 China Price Surge

Nvidia's B300 AI servers have hit $1 million in China, nearly double U.S. prices. Tightening U.S. export curbs and a crackdown on black-market smuggling have created a massive scarcity premium for Chinese tech firms.

Fri, 01 May 2026 06:30:05 GMT

Italy Q1 2026 GDP

Italy's economy grew 0.2% in Q1, beating expectations. Despite the beat, the government cut its annual growth outlook to 0.6% due to energy prices and Middle East turmoil.

Thu, 30 Apr 2026 21:30:08 GMT

Swiss Population Cap Vote

A poll shows 52% of Swiss voters support capping the population at 10 million. The June 14 initiative seeks to end free movement with the EU to curb rapid growth.

Thu, 30 Apr 2026 18:30:03 GMT

Glencore Q1 2026 Production

Glencore's copper output surged 19% to 199,600 tons, driven by higher grades in Africa. Its marketing unit is now set to exceed annual earnings targets.

Thu, 30 Apr 2026 14:30:33 GMT

Follow up on USD/JPY Outlook: 156.000 reached

USD/JPY hourly chart analysis 4-hour USD/JPY chart captures a violent "elevator down" move where a single, massive red candle has effectively erased weeks of bullish progress. After failing to establish a firm base above the 160.000 psychological level, the pair crashed decisively through its 50-period Simple Moving Average and is currently hovering near 156.675. While the price found temporary relief at

Thu, 30 Apr 2026 12:35:04 GMT

Nvidia Retakes $5 Trillion Market Cap

Nvidia shares surged to record highs, reclaiming a $5 trillion valuation as semiconductor demand continues to outpace supply amidst a global AI infrastructure race.

Thu, 30 Apr 2026 09:38:17 GMT

NVDA Stock Outlook: Technical Breakout Analysis

NVIDIA is trading in a range between approximately $206.93 and $214.38, with a recent price recorded at $209.25. This follows a significant rally where the stock reached a new all-time high of $216.83 on April 27, 2026, pushing the company's market capitalization back above the $5 trillion threshold. Technically, the stock is showing strong momentum, having risen nearly 20% throughout

Thu, 30 Apr 2026 09:30:14 GMT

GE HealthCare Cuts Profit Outlook

GE HealthCare cut its 2026 forecast due to inflation in chips and freight, sending shares down 9%. Q1 profit missed estimates despite strong revenue growth.

Thu, 30 Apr 2026 06:45:05 GMT

StanChart Q1 2026 Results

StanChart profit hit $2.45B, up 17% despite a $190M Iran war charge. Growth in wealth and capital markets offset risks, sending HK shares up 4%.

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