Commodities
Silver (XAG/USD) edges higher during the Asian session on Wednesday, though it lacks follow-through as traders opt to move to the sidelines ahead of the crucial FOMC policy update.
Forex
The Australian Bureau of Statistics (ABS) will publish its data for March on Wednesday at 01.30 GMT. The Consumer Price Index (CPI) is expected to see a rise of 4.7% YoY in March, compared to 3.7% in February.
Forex
AUD/USD posted a near-flat close on Tuesday, settling around 0.7180 after a session that traded within a roughly 70-pip range between 0.7130 and 0.7200.
West Texas Intermediate (WTI) US Oil trades around $98.00 on Tuesday at the time of writing, up 3.21% on the day, reaching its highest level since mid-April.
Equities
Microsoft (MSFT) Earnings Preview update: After a steep 30% drop from its July 2025 highs, MSFT rebounds as AI themes regain market traction. With investors laser-focused on massive AI infrastructure costs and Azure's impressive 39% growth, tomorrow's earnings are critical. Explore our in-depth MSFT analysis.
Forex
NZD/USD trades around 0.5890 on Tuesday, down 0.35% on the day, after failing to hold above the 0.5900 level. The pair moves lower as the US Dollar (USD) strengthens, supported by increased demand for safe-haven assets.
Indices
S&P 500, Dow Jones, Nasdaq Analysis and Trading Levels: The Nasdaq retreats 1.70% from its highs ahead of critical mega-cap tech earnings. With WTI Crude surging past $100 amid a prolonged US-Iran blockade, strong Coca-Cola earnings maintain the Dow afloat. Explore an intraday technical analysis of the major benchmarks.
Forex
Scotiabank strategists Shaun Osborne and Eric Theoret highlight that the Pound (GBP) is underperforming as political uncertainty around PM [Prime Minister] Starmer and fiscal policy weighs on sentiment, even as widening United Kingdom (UK) - United States (US) spreads support GBP fundamentals.
Equities
Q1 Alphabet earnings preview: The market is demanding a clear ROI on massive AI investments and the $75B Capex plan. We analyze key swing factors: Google Cloud growth, the 'AI tax,' and the strategic Pentagon AI deal. Can GOOGL prove its AI transformation is accretive to margins?
Commodities
WTI Oil Update: Crude prices soar past $100 per barrel as the UAE announces its departure from the OPEC+ cartel. As geopolitical tensions mount and the US maintains its economic chokehold on Iran, explore a multi-timeframe technical analysis of WTI to navigate shifting market fundamentals.
