Monthly Archives: August 2026
S&P 500 wraps up August gains as rate cut decision looms
Written on August 20, 2026 at 2:07 am, by josephine
he S&P 500 ended August with a 3.7% gain despite volatility, as markets now look ahead to the Federal Reserve’s rate decision in September. -vtmarkets.com
USDJPY rallies as dollar gains fresh momentum over weaker yen
Written on August 20, 2026 at 2:07 am, by josephine
The USDJPY pair continues its upward trajectory as the dollar gains strength, despite flatlining inflation data. -vtmarkets.com
Japan’s Nikkei drops to three-week low following Wall Street sell-off
Written on August 20, 2026 at 2:07 am, by josephine
On Wednesday, Japan’s Nikkei 225 index dropped to its lowest point since mid-August, reflecting global market anxiety. The index fell by 3.3% to 37,393.48 by 0134 GMT, after initially dipping 4% earlier in the session. -vtmarkets.com
Safe-haven yen rallies, Aussie sinks as U.S. payrolls test approaches
Written on August 20, 2026 at 2:07 am, by josephine
Global financial markets shifted into risk-off mode on Wednesday as the Japanese yen gained strength and risk-sensitive currencies like the Australian dollar and British sterling weakened. These movements followed a sharp sell-off in U.S. equities, driven by weaker-than-expected manufacturing data. -vtmarkets.com
South Korean forex reserves climbs with rising securities
Written on August 20, 2026 at 2:07 am, by josephine
The foreign exchange reserves of South Korea increased to $415.9 billion in August, driven by higher securities holdings and a stable IMF position. USD/KRW showed relative stability despite significant shifts in reserve composition. -vtmarkets.com
Mexican peso weakens with judicial reform concerns
Written on August 20, 2026 at 2:06 am, by josephine
The Mexican peso fell to its lowest level since December 2022, driven by political uncertainties surrounding constitutional reforms and growing economic challenges. Investor confidence wavers as concerns over judicial independence and weak economic data persist. -vtmarkets.com
Gold struggles for momentum as markets focus on US jobs data
Written on August 20, 2026 at 2:06 am, by josephine
Gold prices remained largely flat on Thursday, reflecting investor caution ahead of the U.S. nonfarm payrolls report. This data could signal future rate moves by the Federal Reserve, particularly with market attention focused on whether a rate cut will materialise at the next policy meeting. -vtmarkets.com
Dollar falters as rising bets suggest a larger Fed rate cut
Written on August 20, 2026 at 2:06 am, by josephine
The U.S. dollar dipped on Thursday as traders raised their expectations of an outsized rate cut from the Federal Reserve later this month. Concerns over the U.S. economy’s growth outlook, following weaker-than-expected data, have pushed investors toward safe-haven currencies like the yen. -vtmarkets.com
Oil prices lay flat on weak demand and OPEC+ supply delays
Written on August 20, 2026 at 2:06 am, by josephine
Oil prices lay flat after sell-off, balancing weak demand and possible OPEC+ production delay. Traders watch OPEC+ decisions and US crude stock data as global demand concerns persist. -vtmarkets.com
Wheat and soybean retreat as supply issues loom
Written on August 20, 2026 at 2:06 am, by josephine
Key Points: This is a follow up article to: Wheat rises for the fifth consecutive day due to European production issues Wheat (Symbol: Wheat-C) and soybean (Symbol: Soybean-C) prices saw slight pullbacks after a speculative-driven short-covering rally lifted prices off their recent lows. Despite this breather, both contracts hovered near multi-week highs, with supply concerns Continue Reading