Forex Signals May 27: Marvell, CRM, PDD, BMO, Snowflake and MANU Earnings Preview Today

Marvell Technology, Salesforce, PDD Holdings, Bank of Montreal and Snowflake headline Wednesday’s earnings calendar, setting up a key...

Written by: Skerdian Meta • Tuesday, May 26, 2026 • 4 min read

• Last updated: Tuesday, May 26, 2026

Wednesday Earnings Calendar: Tech Giants and Financials Set the Tone

Quick overview

Marvell Technology, Salesforce, PDD Holdings, Bank of Montreal, and Snowflake are key players in Wednesday's earnings calendar, impacting tech, financials, and consumer sentiment.
Tensions in the Far East are heightened as Iran seeks economic relief while maintaining its nuclear capabilities, with ongoing military clashes and diplomatic negotiations.
Oil prices have decreased amid hopes for diplomatic resolutions, while U.S. yields have eased, and equities have reached record highs, particularly in the semiconductor sector.
The earnings reports from major companies are expected to influence market risk appetite, with a focus on technology and cloud-related sectors.

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Marvell Technology, Salesforce, PDD Holdings, Bank of Montreal and Snowflake headline Wednesday’s earnings calendar, setting up a key session for tech, financials and consumer-linked sentiment.

Market Focus: Far East Tensions

Markets once again turned attention to developments in the Far East, where conflicting headlines continue to blur the line between signal and posturing. The dominant narrative centers on Iran’s dual-track strategy in negotiations with the United States, balancing economic relief against limited nuclear concessions.

Iran–US Negotiations and Military Tensions

Iran seeks access to frozen overseas assets and reintegration into global oil markets, while resisting dismantling its nuclear infrastructure or surrendering enriched uranium stockpiles. Despite intermittent military clashes, both sides have kept diplomatic channels open. Overnight strikes reportedly involved U.S. attacks on Iranian Revolutionary Guard vessels accused of deploying mines in the Strait of Hormuz, followed by Iranian retaliation and further U.S. strikes on missile sites, though negotiations continued in Qatar with Iran’s chief envoy present.

Regional Diplomacy and Middle East Dynamics

Mediators from Qatar, Egypt, and Pakistan continue efforts to bridge gaps, aiming at a temporary framework agreement covering frozen funds, maritime security in the Strait of Hormuz, and de-escalation measures. However, tensions remain elevated, with hard-line factions in Iran criticizing engagement efforts. Separately, reports suggest the Trump administration is permitting Israeli operations in Lebanon targeting Hezbollah, including the reported killing of a Qassam commander, though details remain unconfirmed. A recent call between President Trump and Netanyahu was reported without disclosed content.

Oil, Bonds, and Equities Reaction

Oil prices moved lower as July crude traded near $93.65 on hopes of diplomacy. U.S. yields eased, led by the 2-year after a $69B auction. The 10-year slipped below 4.50%, while the 30-year stayed above 5%. Equities hit records led by semiconductors excluding Nvidia on improved global risk sentiment.

Earnings Calendar Highlights Wednesday

Wednesday’s earnings slate is heavily skewed toward technology and cloud-related names, with Marvell, Salesforce, and Snowflake acting as key sentiment drivers for the broader AI and enterprise software trade. PDD adds a China consumption and global expansion angle, while Bank of Montreal provides a more defensive read on banking sector stability. Overall, results are expected to influence risk appetite across both growth and financial sectors heading into the next trading session.

Marvell Technology ($MRVL)

Q1 2027 earnings scheduled after market close (AMC)

Key focus: AI-driven data center demand, semiconductor cycle resilience, and networking chip trends
Market cap: ~$182.3B
Expectations: investors watching for guidance strength amid broader chip sector volatility

Salesforce ($CRM)

Q1 2027 earnings AMC

Key focus: cloud software demand, enterprise spending trends, and AI integration across CRM platforms
Market cap: ~$146.5B
Sentiment: efficiency gains and margins remain central to valuation debate

PDD Holdings ($PDD)

Q1 2026 earnings before market open (BMO)

Key focus: China consumer demand, Temu international growth, and regulatory/competitive pressures
Market cap: ~$137.6B
Attention on whether rapid global expansion remains sustainable

Bank of Montreal ($BMO)

Q2 2026 earnings BMO

Key focus: North American credit quality, net interest margins, and loan growth trends
Market cap: ~$103.9B
Investors watching for signs of banking sector stability amid rate normalization

Snowflake ($SNOW)

Q1 2027 earnings AMC

Key focus: cloud data platform growth, AI workload adoption, and enterprise retention metrics
Market cap: ~$61.6B
Valuation remains sensitive to growth vs profitability balance

Manchester United ($MANU)

Q3 2026 earnings BMO

Key focus: commercial revenue, matchday performance, and cost structure discipline
Market cap: ~$3.4B
Sports and brand monetization trends remain in focus

Fo rex Signals Update

Last week, markets were quite volatile again, with gold soaring to $4,890 but retreating lower this week. EUR/USD climbed above 1.17 while main indices closed the week higher at new records. The moves weren’t too big though, and we opened 34 trading signals in total, finishing the week with 23 winning signals and 9 losing ones.

Gold Returns Above $4,500

Although demand for safe haven assets is still high, gold fell precipitously from record highs following the Fed’s most recent rate cut comments, as profit-taking was prompted by Powell’s cautious tone. In December, gold jumped above $4,380 following the Federal Reserve’s announcement of a 25 basis point rate decrease. But the impetus soon waned, and prices dropped back to $4,004. The 20o daily SMA (red) held as support this week and buyers returned and pushed XAU above the $4,800 and above the 100 SMA (green).

XAU/USD – Daily Chart

USD/JPY Rebounds

Foreign exchange markets saw sharp swings. Early in the week, U.S. yield differentials and Japanese capital outflows pushed the dollar above ¥150, but disappointing U.S. jobs data triggered profit-taking, causing the USD/JPY to slide by four yen from its peak. However, the new BOJ governor the JPY has weakened and USD/JPY soared to 154 and we decided to close our buy signal for more than 80 pips as the pair found support at the 20 daily SMA (gray) and has rebounded more than 200 pips off that MA but reversed after the 25 bps rate cut from the FED. The price approached $160 but reversed after the BOJ meeting and fell 8 cents but found support at $152 at the 100 daily SMA (red) and rebounded above 156 but have reversed down again this week after the Japanese elections. Chart USDJPY, D1, 2026.05.17 21:46 UTC, MetaQuotes Ltd., MetaTrader 5, Demo

USD/JPY – Daily Chart

Cryptocurrency Update

Buying the Retrace in Bitcoin

Cryptocurrencies remained highly active over the summer. Bitcoin (BTC) climbed to fresh highs of $123,000 and $124,000 in July and August, supported by institutional inflows and technical strength. However, remarks from Treasury Secretary Scott Bessent ruling out U.S. increases to BTC reserves triggered a steep pullback, sending the coin down to $80K before finding support at the 100 weekly SMA (green). A rebound followed, sending BTC near $100 is the first major text for Bitcoin buyers. However BTC returned lower and fell below $80K, breaking below the but the 100 weekly SMA (green) but the decline stopped at the $60K support where the 200 weekly SMA (purple) stands and rebounded above $76K but returned to $70K again.

BTC/USD – Daily Chart

Ethereum Returns to $2,000

Ethereum (ETH) has been similarly strong, surging toward $4,800, its highest since 2021 and near its all-time peak of $4,860. Despite a dip last week, ETH found support at the 20-day SMA, with retail enthusiasm and renewed institutional participation driving fresh upside momentum. Last week we saw a dive below $2,000 but buyers returned n d pushed the price above $2K again.

ETH/USD – Weekly Chart

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ABOUT THE AUTHOR See More

Skerdian Meta

Lead Analyst

Skerdian Meta Lead Analyst. Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.