GBP/USD moved higher during Wednesday’s European session as a softer US dollar combined with improving demand for sterling. The pair approached the 1.3450 region, extending a recovery that has gathered pace since the end of June. Brokers from Fondesia.com assess whether GBP/USD can continue toward higher resistance or whether the recent advance is becoming vulnerable...
Author: Noah (Noah )
Nasdaq Holds Above 26,000 as Softer Inflation Supports Technology Shares
The Nasdaq Composite remains above the important 26,000 level after softer US inflation data encouraged renewed demand for technology shares. Semiconductor companies also received support from continued optimism surrounding artificial intelligence infrastructure and advanced memory chips. Brokers from Fondesia.com examine whether the index can extend its recovery toward recent highs or whether high valuations and...
US 10-Year Yield Tests 4.64% as Volatility Points to a Larger Move
The US 10-year Treasury yield is approaching an important technical threshold after several weeks of narrowing price action. The benchmark recently traded around 4.59%, having briefly reached 4.6358%, its highest level since May 21. Brokers from Fondesia.com examine whether the current period of unusually low volatility could lead to a breakout toward 5.00% or a...
Brent Crude Holds Near $84 as Backwardation Signals Tight Near-Term Supply
Brent crude remains elevated after a sharp change in market structure highlighted growing concern about near-term supply. Prices recently pushed above $85 per barrel before easing toward $83.60, while prompt contracts continued to trade at a substantial premium to later deliveries. Brokers from Fondesia.com analyze whether Brent can sustain its recovery above $80 and examine...
Gold Holds Above $4,000 as Cooling Inflation Supports a Technical Recovery
Gold returned to focus after recovering from a two-week low and moving back above the psychologically important $4,000 level. Softer US inflation data, a weaker dollar, and renewed buying around established support helped the metal regain part of the ground lost earlier in the week. Brokers from Fondesia.com examine whether the rebound can develop into...
BHP’s Power Deal and Australian Stocks: Reading the ASX in a Volatile Global Week
BHP Group announced a $900 million investment into its Western Australia Iron Ore operations on July 16, 2026. The announcement came alongside fiscal year results showing strong cost discipline across its major asset portfolio. The company stated that every asset was expected to come in within unit cost guidance despite headwinds from inflation, higher diesel...
China’s Slowest Growth Since 2022: What the GDP Miss Means for Chinese Stocks
China posted its slowest GDP growth since 2022 in the most recent quarterly reading, missing market expectations. A deepening supply-demand imbalance continued to weigh on the domestic economy. Industrial production and exports remained robust, powered by global AI infrastructure investment demand. Consumer spending and private investment weakened further against the backdrop of a prolonged property...
Chip Shock: Why South Korea’s Kospi Fell 6.3% and What It Means for Asian Markets
South Korea’s Kospi index fell 6.3 percent on July 16, 2026, making it the worst-performing major Asian benchmark on a day when semiconductor stocks across the region faced a wave of profit-taking. Japan’s Nikkei 225 dropped 3.2 percent on the same session. The selloff followed a 1.6 percent decline in the Nasdaq the prior evening...
Selling the Family Silver: What ABB’s Rotork Takeover Reveals About UK Markets
Rotork shares surged 66.85 percent on July 16, 2026, after Swiss engineering group ABB offered £4.1 billion for the FTSE 250-listed industrial flow control equipment maker. The cash offer of 506 pence per share represented a 73 percent premium to Rotork’s previous closing price. It was also a 63 percent premium to the average price...
Streaming Under Pressure: What Netflix’s Q2 Miss Reveals About Growth Stock Valuations
Netflix shares fell more than 8 percent in after-hours trading on July 16, 2026. The company reported Q2 results that were essentially in line with expectations but delivered guidance that disappointed investors expecting stronger momentum. Revenue came in at $12.56 billion, with earnings per share of $0.80, barely above the $0.79 consensus. The real problem...