Monthly Archives: August 2026
Gold prices steady with rate cut speculations
Written on August 20, 2026 at 2:36 am, by josephine
Gold prices remained stable on Friday, maintaining momentum for a second consecutive weekly gain. This trend is driven by weak economic data from the U.S., which has bolstered expectations that the Federal Reserve may cut interest rates this year. Gold market performance now Spot gold held steady at $2,358.31 per ounce as of 0139 GMT, Continue Reading
Copper prices slip as the US dollar gains strength
Written on August 20, 2026 at 2:36 am, by josephine
Copper prices dipped with a stronger dollar but are set for the first weekly gain in five weeks. Increased physical demand offers support as markets stabilise.
Monetary Authority of Singapore (MAS) maintains monetary policy until year 2025
Written on August 20, 2026 at 2:36 am, by josephine
Key points: The Monetary Authority of Singapore (MAS) is projected to keep its monetary policy unchanged through 2025, driven by consistently high core inflation. Despite a downward trend in headline inflation, core inflation has remained around 3% since mid-2023. This elevated level of core inflation suggests that MAS will not alter its policy parameters this Continue Reading
Week ahead: Updated inflation data expected to influence policy
Written on August 20, 2026 at 2:36 am, by josephine
This week, market participants will have their eyes on key economic indicators from Australia, the US, and China, as these data points are expected to provide deeper insights into inflation trends and economic health. Australia to release CPI for June Australia’s Monthly Consumer Price Index (CPI) release on 26 June is expected to be noteworthy. Continue Reading
Chinese renminbi loses strength in the face of a strong US dollar
Written on August 20, 2026 at 2:36 am, by josephine
With a strong US dollar in the backdrop, the USDCNH currency pair is seeking to break above 7.30, despite efforts from the PBOC to counterbalance the US dollar.
Wheat prices fall to lowest level since April due to increased supply, strong dollar
Written on August 20, 2026 at 2:35 am, by josephine
Key points: Chicago wheat futures experienced a dip to their lowest point since April, driven by a stronger U.S. dollar and an improved supply outlook. As harvests ramp up across the United States and other key regions, fresh grain supplies are entering the market, contributing to the price decline. Corn futures also fell slightly, while Continue Reading
Rupee expected to struggle as positive US data strengthens dollar
Written on August 20, 2026 at 2:35 am, by josephine
Key points: The Indian rupee is likely to face pressure at the start of the week following a rise in U.S. business activity to a two-year high, which has bolstered demand for the dollar. Non-deliverable forwards indicate the rupee (USDINR) will open slightly weaker against the U.S. dollar from its previous close of 83.5325. The Continue Reading
Bank Indonesia maintains interest rates despite rupiah weakness
Written on August 20, 2026 at 2:35 am, by josephine
Bank Indonesia (BI) signals that there is no necessity for rate hikes despite the decline of the IDR to 2020 lows. Explore how BI will stabilise and manage inflation.
US dollar bullish in anticipation of the PCE inflation data release
Written on August 20, 2026 at 2:35 am, by josephine
Key points: The US dollar index (Symbol: USDX) is trading in a bullish momentum after two consecutive days of gains lifted its valuation. Broadly, the US dollar was off to a strong start this week as markets ramped up momentum across the board in anticipation of the upcoming personal consumption expenditures index (PCE), which will Continue Reading
China’s yuan hits 7-month low due to weak PBOC guidance
Written on August 20, 2026 at 2:35 am, by josephine
Key points: China’s yuan eased to a fresh seven-month low against the dollar on Tuesday, signaling its sixth consecutive monthly decline as the central bank, the People’s Bank of China (PBOC), continued to set weaker official fixings. Despite the dollar’s overnight retreat, the yuan remained close to the lower end of its daily trading band, Continue Reading
