Platinum to $2,300 by Q3 2026: the structural-deficit case
Platinum near $1,950/oz targets $2,300 by Q3 2026 on a fourth straight WPIC deficit and four-month-low stocks — plus the signals that would break the call.
Abdelaziz Fathi
Senior Reporter, Brokers and Prop Firms
Abdelaziz Fathi covers the intersection of forex/CFD brokerage, regulation, liquidity, fintech, and digital assets. With a B.A. in Finance and hands-on industry exposure, Aziz blends analytical rigor with clear storytelling to make complex market structure understandable for traders, brokers, and fintech professionals.
May 2026
US 10-year yield to 4.10% as the Iran inflation premium fades
The US 10-year Treasury yield, at 4.44% after a 4.70% May high, eases to a base-case 4.10% by the September FOMC as the Iran-war inflation premium unwinds.
AUD/USD to 0.73 by year-end 2026: the RBA-Fed gap case
AUD/USD to 0.73 by year-end 2026 (bull 0.76, bear 0.68): the RBA holds at 4.35% while the Fed eases, with firmer terms of trade - gated by China demand.
USD/CAD to 1.32 by Q4 2026: the BoC-pause and oil-floor case
USD/CAD targets 1.3200 by Q4 2026 as Fed cuts compress the 112bp 2Y yield gap while BoC stays at 2.50% and Brent crude holds the $75 floor.
DXY to 96 by Q3 2026: the fractured-FOMC and Iran case
DXY to 96 by Q3 2026: fractured 8-4 FOMC, GSDEER 15% overvaluation, Iran de-escalation. Spot 99.24 May 26. Invalidation: weekly close above 101.50.
GBP/USD to 1.30 by year-end 2026: the BOE-cut and US-growth case
Base case GBP/USD 1.3000 by Dec 31 2026 on a 75bp BOE cut path against a Fed that holds; bull 1.4000, bear 1.2500. Four signals that break the call.
COMEX copper to $7.00/lb by year-end 2026: the grid-deficit case
COMEX copper to $7.00/lb by Dec 31, 2026 base case: JPM's 330k-tonne deficit, COMEX tariff arbitrage stocks above 503k tonnes, and a grid-and-AI demand pulse.
S&P 500 to 7,800 by year-end 2026: the AI-capex and Fed-cut case
S&P 500 targets 7,800 by year-end 2026 from 7,473 on AI capex, Fed cuts to 3.00-3.25%, and broadening earnings — bull 8,200, bear 6,800.
Silver to $95 by Q3 2026: the ratio-compression case
Silver targets $95 by Q3 2026 as the gold-to-silver ratio compresses from 59 toward 50 on Fed easing and gold's $5,000 path — base, bull, and bear cases laid out.
EUR/USD to 1.20 by Q3 2026: the rate-gap compression case
EUR/USD targets 1.20 by Q3 2026 as the Fed cuts toward 3.00%-3.25% and the ECB weighs a June 11 hike, compressing the transatlantic rate differential.
USD/JPY to 152 by year-end 2026: the BOJ-hike and Fed-cut case
USD/JPY at 159 with the Fed-BOJ differential at ~325 bp. The base case to 152 by year-end rests on Fed cuts, BOJ hikes, and 4–6 yen of compression-driven strengthening.
Gold to $5,000 by year-end 2026: the September FOMC and CB-buying floor
Gold to $5,000/oz by year-end 2026 in the base case — the September FOMC dot-plot reset and 60-tonne-per-month central-bank buying remain the load-bearing catalysts.
WTI to $85 by July: the Iran-deal and UAE-OPEC exit thesis
WTI base case $85/bbl by July 31 2026 from $102.27 spot. Iran framework + UAE-OPEC exit compress geopolitical premium; Goldman cuts Q2 to $87.
December 2021
Binance Buys Remaining Stake in Crypto Debit Card Provider Swipe
Exchange giant Binance is buying the remaining stake put up for sale by crypto wallet app Swipe, which allows users to purchase items via a Visa debit card.
eToro Expands List of Supported Cryptocurrencies to 42
eToro, the leading social trading network, has pushed ahead with its plans to broaden its cryptocurrency offering, citing enough liquidity and strong customer demand.
Russia to Block Crypto Transactions under MCC Code 6051
The Bank of Russia is talking with market players and experts about several potential options to make its ban on cryptocurrency investments possible.
Also filing this week: Rick Steves and Karthik Subramanian.