Monthly Archives: August 2026
Bitcoin dropped to a fresh low 2022

Written on August 20, 2026 at 3:57 am, by josephine
US stocks advanced higher on Tuesday, extending their previous rally and rose for the third day as investors awaited midterm election results and monitored the selloff in crypto markets. Bitcoin plummeted to a fresh 2022 low at $18,355 amid the collapse of FTX and Binance’s decision to save the crypto exchange. The mini-crash in Bitcoin Continue Reading
The market awaits US CPI inflation data

Written on August 20, 2026 at 3:57 am, by josephine
US stocks tumbled heavily on Wednesday, failing to preserve their upside traction and witnessing heavy selling pressure as renewed selling in cryptocurrencies and disappointing earnings weighed on risk sentiment ahead of a key US inflation report. Global equity markets sensed an intense sell-off amid headwinds of the US mid-term elections outcome and upside risks from Continue Reading
US Dollar falls after CPI data released

Written on August 20, 2026 at 3:57 am, by josephine
US stocks rebounded sharply on Thursday, regaining upside momentum and surged in a buy-everything relief rally as market participants rushed to price in a pivot in the US Federal Reserve monetary policy as soon as next December. The US Bureau of Labor Statistics reported on Thursday that inflation in the US, as measured by the Continue Reading
CPI dropped, market expects Fed to reduce rate hike in December

Written on August 20, 2026 at 3:57 am, by josephine
US stocks advanced higher on Friday, preserving their upside momentum and extending the rally amid a slowdown in inflation and the upbeat market mood on the last trading day of the week. The risk-on sentiment is mainly supported by the soft inflation data from the US and news of China easing the Covid-related restrictions, as Continue Reading
US Stocks declined in a flat session on Monday

Written on August 20, 2026 at 3:56 am, by josephine
US stocks declined lower on Monday, surrendered their early gains and ended a choppy session lower after two Federal Reserve officials highlighted the central bank’s resolve to be persistent until it brings inflation down meaningfully. Fed Vice Chair Lael Brainard said that it would be appropriate soon for the central bank to slow its pace Continue Reading
Market expectations improved as US PPI released softer

Written on August 20, 2026 at 3:56 am, by josephine
US stocks rebounded higher on Tuesday, ending their previous slide and regaining upside momentum as fresh data added to evidence that inflation may have peaked. The Producer Price Index (PPI) for final demand in the US declined to 8% on a yearly basis in October, which decelerated compared to last month’s 8.2% and strengthened the Continue Reading
US Retail Sales increased, indicating the economy can handle Fed rises

Written on August 20, 2026 at 3:56 am, by josephine
US stocks declined lower on Wednesday, failing to preserve their upside momentum and witnessing selling pressure after strong retail sales data and comments from at least two Federal Reserve speakers recast bets that the central bank’s policy tightening regime is nearing an end. The US Retail Sales rose by 1.3% in October, which came in Continue Reading
Fed promised to fight inflation

Written on August 20, 2026 at 3:56 am, by josephine
US stocks declined lower on Thursday, continuing their downside momentum and dropping for a second day as Federal Reserve officials are likely to remain persistent in their fight against inflation and warned of more pain to come. Fed speakers in recent days have emphasized that they need to go further to extinguish price pressures. Moreover, Continue Reading
Fed Reserve: Future policy tightening is expected

Written on August 20, 2026 at 3:56 am, by josephine
US stocks advanced higher on Friday, regaining upside momentum and ended with a slight gain for the day after shrugging off Federal Reserve warnings that there was more policy tightening to come. Treasury yields rose again after hawkish comments from Fed policymakers as they reiterated their commitment to taming inflation down. St. Louis Fed President Continue Reading
Markets await Fed next move

Written on August 20, 2026 at 3:55 am, by josephine
US stocks dropped lower on Monday, witnessing some downside traction and dropped as investors parsed comments from Federal Reserve officials who broadly remained steadfast in their fight against inflation. Investors are closely watching what Fed speakers say about the outlook for interest rates, as several central bank officials in recent days have restated their intention Continue Reading