Monthly Archives: August 2026
Mexican peso nears 15-month low following economic data and political uncertainty
Written on August 20, 2026 at 2:33 am, by josephine
Key points: The Mexican peso weakened to 18.4 per USD, approaching its fifteen-month low of 18.75. Markets are reacting to the latest rate decision by Banxico and recent economic data. The central bank, Banxico, maintained its interest rate at 11% during its June meeting, aligning with market expectations and underscoring its commitment to controlling inflation, Continue Reading
Stocks edge up, bond yields dip; inflation data ahead
Written on August 20, 2026 at 2:33 am, by josephine
Key points: Global stock indexes edged higher on Thursday, while U.S. Treasury yields dipped slightly after a series of U.S. economic reports suggested slowing momentum. Traders are eagerly awaiting Friday’s U.S. personal consumption expenditures (PCE) data, the Federal Reserve’s preferred inflation measure, which could clarify the U.S. interest rate outlook. Mixed job market signals influence Continue Reading
Euro climbs following France’s first-round vote, yen falters
Written on August 20, 2026 at 2:33 am, by josephine
Key points: On Monday, the euro rose following the first round of France’s snap election, which put Marine Le Pen’s far-right National Rally (RN) party in the lead. However, the margin was smaller than initially projected. This development came as a relief to markets concerned about potential expansionary and unsustainable fiscal policies from a stronger Continue Reading
Gold holds steady as slowing inflation bolsters expectations of Fed rate cuts
Written on August 20, 2026 at 2:33 am, by josephine
Key points Gold prices held steady on Monday after data showed U.S. inflation subsided, bolstering hopes that the Federal Reserve will start cutting interest rates this year. Picture: Gold on the rise, trading at 2325.10 as seen on the VT Markets app. Spot gold rose 0.1% to $2,327.12 per ounce, as of 0202 GMT. Prices Continue Reading
US dollar slips as inflation data points to rate cuts
Written on August 20, 2026 at 2:33 am, by josephine
Key points: This article is a follow up to: US dollar bullish in anticipation of the PCE inflation data release The US dollar index (Symbol: USDX) fell slightly after the latest inflation data suggested a decline in price pressures, reinforcing expectations that the Federal Reserve may start cutting interest rates this year. The personal consumption Continue Reading
Japanese authorities signal potential intervention in the face of weak yen
Written on August 20, 2026 at 2:32 am, by josephine
The US dollar dipped after inflation data signaled potential Fed rate cuts. Key economic reports next week, including nonfarm payrolls, will guide market expectations.
US yields boost dollar, leaves yen struggling
Written on August 20, 2026 at 2:32 am, by josephine
Key points: The U.S. dollar saw a strong performance on Tuesday, supported by rising U.S. Treasury yields. Benchmark 10-year Treasury yields surged by nearly 14 basis points to 4.479% overnight. Analysts attribute this move to expectations of former President Donald Trump winning the U.S. presidency again, potentially leading to higher tariffs and increased government borrowing. Continue Reading
Apple and Tesla boost stocks in pre-holiday trading
Written on August 20, 2026 at 2:32 am, by josephine
Key points: The stock market experienced gains on Monday, driven by strong performances from Apple and Tesla. Despite light pre-holiday trading, the Dow, S&P 500, and Nasdaq all saw positive movement. Investors are eagerly awaiting labour market data later this week to gain insights into the interest rate outlook. Tech stocks boost Nasdaq as Tesla Continue Reading
Oil prices hover at high with summer demand and rate cut hopes
Written on August 20, 2026 at 2:32 am, by josephine
Key points: Oil prices held steady near two-month highs, buoyed by expectations of rising fuel demand and potential economic growth from US interest rate cuts. Brent crude oil (Symbol: UKOUSD) increased to $86.80 per barrel. Similarly, the WTI crude oil (Symbol: USOUSD) reached $83.51 per barrel. The images above show oil prices rallying, as observed Continue Reading
Copper prices still on the lows with weak demand in China
Written on August 20, 2026 at 2:32 am, by josephine
Key Points: In the early Asian session, copper (Symbol: Copper-C) prices consolidate at lows with slight uptick in smaller timeframes. While production remains high in China, demand is still weak. The official manufacturing PMI for China in June suggested a contraction in activity, which further dampened copper demand. Picture: Copper prices remain suppressed, as Continue Reading
