A company that just posted the largest quarterly operating profit in the history of the technology industry should not see its stock fall 7% — unless the market believes the profit itself is the top. Samsung Electronics (KRX: 005930) reported preliminary second-quarter 2026 operating profit of ₩89.4 trillion ($58.4 billion) on July 7 — up
The USD/ZAR exchange rate rose by a few pips today, July 9, as crude oil prices rose following the new strikes in the Middle East. It jumped to 16.50 on Wednesday and then pulled back a bit to 16.37. South African rand falls as geopolitical tensions rise The South African rand softened a bit after
The US Dollar (USD) struggled to attract buyers early Thursday despite a fresh escalation in tensions in the Middle East. Investors shifted their focus toward upcoming US economic data releases and comments from central bank officials while monitoring developments in the region. The US economic calendar is scheduled to feature weekly Initial Jobless Claims and
Zcash cryptocurrency can be expected to rise to the next resistance level 538.50 (which stopped earlier short-term ABC correction 2 in the middle of June). Zcash broke resistance area Likely to rise to resistance level 538.50 Zcash cryptocurrency recently broke the resistance area located between the resistance level 465.60 (which stopped the previous wave a
Lido price and broader liquid staking market surged after major infrastructure breakthroughs The cryptocurrency market witnessed significant liquid staking momentum on July 8, 2026, as digital assets decoupled from Bitcoin’s minor retracement The decentralized finance (DeFi) market experienced a powerful burst of momentum on July 8, 2026, as Lido DAO (LDO) surged by a staggering
Dogecoin cryptocurrency can be expected to fall further to the next support level 0.0685 (which stopped earlier short-term impulse wave C). Dogecoin reversed from resistance area Likely to fall to support level 0.0685 Dogecoin cryptocurrency recently reversed down from the resistance area located between the resistance level 0.0770 (former strong support from the start of
Rising Middle East tensions and policy uncertainty are driving a flight-to-safety, bolstering the U.S. Dollar while elevating energy-related inflation risks. Escalation of Middle East Conflict The geopolitical landscape in the Middle East has entered a period of acute instability following the effective collapse of the U.S.-Iran memorandum of understanding (MoU). In response to ongoing Iranian
The US dollar held near its strongest level of the week against most major currencies during early Asian trading on Wednesday after renewed US strikes on Iran reignited geopolitical tensions and pushed oil prices higher. The dollar index, which tracks the greenback against a basket of six major currencies, rose to 101.18. Meanwhile, the New
Investor sentiment turned cautious on Wednesday as markets assessed the latest developments surrounding the conflict in the Middle East, while attention shifted to the upcoming release of the minutes from the US Federal Reserve’s June Federal Open Market Committee meeting. Market participants remained focused on geopolitical developments during the European session, with concerns over escalating
The US Dollar reigns supreme amid Fed policy uncertainty and shifting energy trends, while geopolitical tensions sustain global market volatility. “King Dollar” Persistence The US Dollar continues to assert its dominance, reinforcing its “King Dollar” narrative as it remains the primary beneficiary of market risk-aversion. Even during geopolitical shocks, such as the tensions surrounding the