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Wednesday, 21 October 2026

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Finance

New ETF Bets on the Machinery Behind AI Chipmaking

Lam Research Corporation (NASDAQ:LRCX - Get Free Report)'s stock price was up 2.9% during mid-day trading on Tuesday . The company traded as high as $311.39 and last traded at $310.96. 9,231,983 shares traded hands duri…

How Banks Won A Quiet Victory Before CLARITY Act Even Failed

A quietly filed amendment to the CLARITY Act suggests Republican support for the bill was more fractured than initially understood. Senator Jerry Moran (R-Kan.) submitted an amendment aimed at tightening stablecoin yiel…

British Pound: Fiscal squeeze risks dovish BoE – BBH

Brown Brothers Harriman’s (BBH) Elias Haddad highlights that GBP/USD remains under 1.3400 as United Kingdom (UK) fiscal policy turns more restrictive. Rising borrowing has eroded fiscal headroom, pressuring Chancellor J…

US Dollar: Hawkish fedspeak backs upside risks – ING

ING’s Francesco Pesole notes the Dollar started the week strongly despite lower Oil prices and firmer global equities, helped by hawkish remarks from Federal Reserve officials Austan Goolsbee and Alberto Musalem that su…

Gold steadies on Iran diplomacy hopes, Fed outlook caps upside

Gold (XAU/USD) consolidates on Tuesday as traders weigh fresh Middle East headlines while the broader geopolitical backdrop remains tense. At the time of writing, XAU/USD trades around $4,334 after rebounding from an in…

Staples ETF Widens Gap Over Discretionary in 2026

The State Street Consumer Staples Select Sector SPDR ETF (XLP) has climbed 6.6% so far in 2026, according to State Street data as of September 21. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) has…

Australian Dollar steadies as Middle East diplomacy takes focus

AUD/USD trims part of its earlier losses on Tuesday as traders assess fresh diplomatic signals surrounding the war between the United States (US) and Iran, weighing on the US Dollar (USD). Meanwhile, a hawkish Reserve B…