Monthly Archives: August 2026
Japan’s Nikkei climbs as investors snap up shares following sharp decline
Written on August 20, 2026 at 2:38 am, by josephine
Key points: Japan’s Nikkei share average saw a recovery on Tuesday, rising 1% to 38,482.11 as investors took advantage of lower stock prices after Monday’s sharp decline. The index had fallen 1.8% in the previous session, slipping below the psychologically important 38,000 level for the first time this month. See: Rebound expected for Nikkei225. Download Continue Reading
US dollar regains strength ahead of key retail sales data
Written on August 20, 2026 at 2:38 am, by josephine
Key points: The US dollar index (Symbol: USDX) rebounded from a lackluster start to the week. The index, which measures the performance of the US dollar against six major currencies, regained strength and floated near the 105.50 mark. The image above shows the strength in the US dollar index, as observed on the VT Markets Continue Reading
Gold rises as prospects of Fed Rate cut enhance its appeal
Written on August 20, 2026 at 2:37 am, by josephine
Key points: Gold prices edged higher on Wednesday following weaker-than-expected US retail sales data, bolstering hopes that the Federal Reserve will cut interest rates this year. Spot gold was up 0.1% at $2,328.67 per ounce as of 0631 GMT, while US gold futures fell 0.2% to $2,330.30. Picture: Gold trading at 2332.74 as seen on Continue Reading
Japanese yen plummets as silence on rate hike timeline from the Bank of Japan disappoints
Written on August 20, 2026 at 2:37 am, by josephine
Key points: This article is a follow-up to: Yen cautious before BOJ meeting The USD/JPY pair saw a sharp increase following the decision from the Bank of Japan (BoJ) to keep its interest rates unchanged. This decision led to the Japanese yen plummeting against the US dollar, with the greenback gaining approximately 1%, moving from Continue Reading
Japan’s Nikkei gains on Nvidia surge; Profit-taking limits further upside
Written on August 20, 2026 at 2:37 am, by josephine
Key points: Japan’s Nikkei share average ended higher on Wednesday, following an overnight rally in Wall Street’s semiconductor stocks. Nvidia’s impressive performance helped push Japan’s technology shares upward in the morning. Nvidia, which surpassed Microsoft to become the world’s most valuable company overnight, had a observable impact. The Philadelphia Semiconductor Index also climbed over 1%, Continue Reading
Canadian dollar holds steady close to one-week high after BoC minutes
Written on August 20, 2026 at 2:37 am, by josephine
Key points: The Canadian dollar held its ground against the U.S. dollar on Wednesday, maintaining near its one-week high. Investors were analyzing the minutes from the Bank of Canada’s (BoC) recent meeting while keeping an eye on the upcoming Canadian inflation data. See: Canadian dollar trading at 1.37125 as seen on the VT Markets app. Continue Reading
Sterling holds steady ahead of BoE decision; Dollar falters against yen
Written on August 20, 2026 at 2:37 am, by josephine
Key points: The British pound held broadly steady on Thursday as the market awaited the Bank of England’s (BoE) rate decision. The dollar, meanwhile, faced mixed movements against major currencies as it awaited fresh market catalysts. The pound traded at $1.2719, having eked out a slight gain in the previous session. The euro rose 0.03% Continue Reading
Wheat prices retreat with improved global supply
Written on August 20, 2026 at 2:37 am, by josephine
Key points: Wheat prices (Symbol: Wheat-C) fell on Thursday, slipping to the lowest level in two months as the major harvest supply in the world eased supply fears. Prices dropped to $5.73-1/2 a bushel, down around 18.8% from the highs seen last month. Images above show the dip in wheat prices, as observed on the Continue Reading
Tech giants propel Nasdaq to record highs with broad market gains
Written on August 20, 2026 at 2:37 am, by josephine
Key points: The Nasdaq Composite (Symbol: NAS100) continues its impressive run, setting a record high for the sixth consecutive session. The performance of this tech-heavy index is primarily driven by strong gains in major technology stocks, with investors showing an insatiable appetite for these market leaders. Picture: The Nasdaq Composite rallying to record high, as Continue Reading
Aussie surges as interest rate outlooks diverge
Written on August 20, 2026 at 2:36 am, by josephine
Key points: The Australian dollar experienced gains this week, buoyed by contrasting interest rate outlooks across major economies. As the Swiss National Bank and the Bank of England leaned towards more dovish policies, the Australian market showed resilience, hinting at a possible rate hike. This divergence has pushed the Australian dollar to impressive heights, reflecting Continue Reading
