Monthly Archives: August 2026
Dollar and Oil Rise as Gold Hits Record, Traders Watch US Data and Hormuz Reports
Written on August 6, 2026 at 1:28 pm, by josephine
Dollar and crude rose as gold hit records; mixed global equities amid Hormuz rumors and key US data.
WTI Slides Below $75 as Middle East Risk Premium Fades Despite Steady Gulf Export Constraints
Written on August 6, 2026 at 12:29 pm, by josephine
WTI slid to $74 as tensions ease, but constrained Gulf exports and mixed demand keep volatility elevated.
Brazil’s central bank trims Selic to 14% as easing outlook tightens amid inflation and election risks
Written on August 6, 2026 at 12:28 pm, by josephine
Brazil’s central bank cut Selic to 14.0%, but easing remains constrained by inflation, fiscal risks, elections.
Eurozone Retail Sales Miss Forecasts, Raising Renewed Concerns Over Consumer Demand and Euro Outlook
Written on August 6, 2026 at 11:28 am, by josephine
Eurozone retail sales fell 0.3% in June, missing forecasts, slowing annual growth and pressuring the euro.
Western Digital Shares Slide as Earnings Spark Market Repricing
Written on August 6, 2026 at 10:51 am, by josephine
Key Points: Western Digital Corporation saw heightened volatility after its latest earnings report, as investors reassessed future growth expectations despite stronger-than-expected results. The stock closed the regular session at $519.17, down 5.4%, before trading near $461.70 in after-hours trading as markets reacted to the company’s outlook. The move reflected a broader reassessment of whether strong Continue Reading
Euro holds near ¥182.25 as intervention risk and Eurozone sales data steer EUR/JPY volatility
Written on August 6, 2026 at 10:29 am, by josephine
EUR/JPY held near 182.25 as intervention fears rose; traders eye Eurozone retail sales and volatility-based options strategies.
Gold rises as softer dollar and reduced Fed hike bets lift metal above key support level 4205
Written on August 6, 2026 at 10:28 am, by josephine
Gold climbed on softer USD and reduced Fed tightening bets, breaking 4205 support-resistance while eyeing 4550.
Italy’s Industrial Output Falls 0.6% in June, Stoking ECB Dovish Bets and Spread-Widening Trades
Written on August 6, 2026 at 9:29 am, by josephine
Italy’s June industrial output fell 0.6% year-on-year, missing forecasts, intensifying pressure on ECB stance and markets.
GBP/USD Edges Higher as Pound Consolidates; Options Point to Range Trading Below 1.3555
Written on August 6, 2026 at 9:28 am, by josephine
GBP/USD edges higher but remains range-bound; resistance 1.3555 caps upside, with 1.3410 key support.
Brent Holds Below $80 as US–Iran Deal Hopes Offset Tight Distillate and Diesel Markets
Written on August 6, 2026 at 8:29 am, by josephine
Brent stayed under $80 as US–Iran Hormuz talks progressed; refined products strengthened amid tight inventories and exports.
