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SG Morning Brief | Three-Day Selloff Deepens but Chips and China Tech Buck the Trend
US OvernightThe S&P 500 fell 0.19% to 7,443.28, the Nasdaq dipped 0.05% to 25,508.07, and the Dow dropped 307.16 points (-0.59%) to 51,839.26 — all three posting a third consecutive decline and closing at their lowest levels in at least three weeks. The losses came as the US completed its ninth cons...Longport
16 hours ago
Stocks
B&R Technology Merger Corp. Announces Pricing of $325 Million Initial Public Offering
NEW YORK, July 21, 2026 /PRNewswire/ -- B&R Technology Merger Corp. (the "Company") announced the pricing of its initial public offering of 32,500,000 units at $10.00 per unit. The units will be listed on the Nasdaq Global Market ("Nasdaq") under the symbol "BRTMU" ...PR Newswire
17 hours ago
Cryptocurrencies
Robinhood gets higher price target from Bernstein
Bernstein analysts have raised their price target for Robinhood (HOOD), citing potential growth in the company's prediction market revenue, as well as new revenue streams from perpetual futures and its recently launched Ethereum (ETH) Layer 2, Robinhood Chain.Fxstreet
17 hours ago
Economic Indicator
US President Donald Trump to impose 50% tariff on some Canadian products
US President Donald Trump is imposing a new tariff of 50% on most Canadian products in response to what it called Canada's "discriminatory treatment" of US cars, alcohol, and dairy, according to the White House.
Fxstreet
17 hours ago
Forex
The Australian Dollar keeps knocking on a door nobody opens
AUD/USD trades up around 0.2% on Monday and still cannot hold the figure that matters, climbing from near 0.6950 in early dealing, poking above the 0.7000 handle twice through the London and New York sessions, and getting sold back below it both times.
Fxstreet
17 hours ago
Forex
British Pound Sterling greets a new Prime Minister with a three-day slide
GBP/USD trades down around 0.17% on Monday and is on track for a third consecutive daily decline, fading from short of 1.3500 in the London morning to a New York probe just above the 1.3400 handle before steadying between the two.
Fxstreet
17 hours ago
Technical Analysis
Chinese Yuan: Upside bias against US Dollar below 6.7820 – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann see USD/CNH consolidating intraday between 6.7710 and 6.7820 after quiet recent trading. For the next 1–3 weeks, the pair is expected to trade with a downside bias toward 6.7600, provided 6.7820 strong resistance is not clearly breached.
Fxstreet
18 hours ago
Stocks
SuanNutra, Parent Company of Monteloeder and a Carbyne Equity Partners Portfolio Company, Expands Product Portfolio with Specialty Natural Ingredients Businesses from IFF
MADRID, July 21, 2026 /PRNewswire/ -- SuanNutra, the global science-backed ingredients group, today announced it has signed an agreement to acquire a portfolio of specialty natural ingredients businesses from IFF (NYSE: IFF). The transaction, backed by SuanNutra's majority shareholder Carbyne Equity...PR Newswire
18 hours ago
Economic Indicator
Gold edges lower to near $4,000 as US-Iran tensions fuel inflation worries
Gold price (XAU/USD) declines to near $4,000 during the early Asian session on Tuesday. The precious metal extends its downside as escalating tensions between the United States (US) and Iran pushed oil prices up, intensifying inflation concerns.
Fxstreet
18 hours ago
Stocks
Telix Q2 Revenue US$247M, Strong Momentum and Pipeline Progress
MELBOURNE, Australia and INDIANAPOLIS, July 21, 2026 /PRNewswire/ -- Telix Pharmaceuticals Limited (ASX: TLX, NASDAQ: TLX, "Telix") provides a market update on its commercial and operational performance for the quarter ended June 30, 2026 (Q2 2026). Q2 2026 Highlights[1] Grou...PR Newswire
18 hours ago
Economic Indicator
Breaking: New Zealand’s CPI inflation climbs to 4.1% YoY in Q2, vs 4.0% expected
New Zealand’s Consumer Price Index (CPI) climbed 4.1% YoY in the second quarter (Q2) of 2026, compared with the 3.1% increase seen in the first quarter, according to the latest data published by Statistics New Zealand on Tuesday. The market consensus was for a growth of 4.0% in the reported period.Fxstreet
18 hours ago
Forex
GBP/JPY Price Forecast: Uptrend pauses, bulls eye 219 breakout
The Pound Sterling registers losses against the Japanese Yen for the third consecutive trading day, doon 0.15% as traders digest the first speech of new Prime Minister Andy Burnham, who is naming the first members of his cabinet. The GBP/JPY trades at 218.13 after reaching a daily high of 218.84.
Fxstreet
19 hours ago
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