Monthly Archives: August 2026
Supply Worries Set Wheat for Biggest Weekly Gain in Two Years
Written on August 20, 2026 at 2:59 am, by josephine
As the trading week closes, Chicago wheat futures are on track to record their largest weekly uptick since 2021, fuelled by persistent dry conditions in key wheat-growing areas of Russia and the United States. These adverse weather patterns are stoking fears of a tightened supply landscape. Corn and soybeans also saw upward movements. Corn is Continue Reading
Japan’s Bond Yields Surge as BoJ Meeting Looms
Written on August 20, 2026 at 2:59 am, by josephine
Japan’s 10-year government bond yield has ascended to a more than five-month peak, increasing by 4 basis points to 0.93%, the highest since November 3, and settled at 0.925%. The two-year yield, reacting to the Bank of Japan’s (BoJ) monetary policy, rose to its highest since July 2009, at 0.315%. This movement reflects anticipation of Continue Reading
Copper Approaches $10,000 per Ton, Attracts More Investors
Written on August 20, 2026 at 2:59 am, by josephine
Copper prices have been inching closer to the $10,000 per metric ton mark, reflecting a broader uptrend among base metals driven by increasing investment flows. On the London Metal Exchange (LME), the price for three-month copper reached $9,965.50 per ton, showing a 1% increase, while the Shanghai Futures Exchange (SHFE) reported a 1.5% rise in Continue Reading
TODAY: Gold Sees Slight Uptick Ahead of U.S. Inflation Data
Written on August 20, 2026 at 2:59 am, by josephine
Gold prices saw a modest increase on Friday, with spot gold climbing 0.3% to $2,339.32 per ounce by 0640 GMT, and U.S. gold futures also rising 0.4% to $2,351.20. This slight uptick comes as markets anticipate the release of key U.S. inflation data. Weekly Gold Price Dynamics Despite Friday’s increase, gold is poised for its Continue Reading
Oil Prices Drop in Face of Strong USD and Inflation
Written on August 20, 2026 at 2:59 am, by josephine
Looking at today, 29th April 2024, oil prices moved downward in early Asian trading on Monday. Brent crude futures saw a reduction of 75 cents, or 0.84%, landing at $88.75 a barrel, while West Texas Intermediate futures fell 65 cents, or 0.78%, to $83.20 a barrel by 1221 GMT. This decline comes after a period Continue Reading
Australian Shares Rise with an Eye on Upcoming Federal Reserve Meeting
Written on August 20, 2026 at 2:59 am, by josephine
Australian shares climbed on Monday, driven by gains in financial and healthcare sectors. The S&P/ASX 200 index saw an uplift of 0.8%, marking its best performance since April 22, closing at 7,637.4 points. SEE: ASX sees upswing, closing at 7651.75 on VT Markets trading app. This rise mirrored the positive trends on Wall Street as investors Continue Reading
Rupee Under Pressure From Delayed US Rate Cuts
Written on August 20, 2026 at 2:59 am, by josephine
The Indian rupee closed lower against the U.S. dollar on Monday, settling at 83.41, down from its previous session’s close of 83.34. SEE: USD makes significant gains against INR on VT Markets trading app. Factors such as increased dollar purchases by foreign banks and weakness across Asian currencies shaped this outcome, driven by expectations that the Continue Reading
Japanese Yen Surges; Is it BoJ Intervention?
Written on August 20, 2026 at 2:58 am, by josephine
In a dramatic turn of events in Asian markets on Monday, the Japanese yen recorded a surge against the dollar, appreciating by 5 yen, with traders attributing this sharp recovery to heavy dollar-selling by Japanese banks. This intervention seemed to be a response to the yen touching fresh 34-year lows earlier in the day. Picture: Continue Reading
U.S. Inflation Data Weakens Asian Currencies, but Equities See Upswing
Written on August 20, 2026 at 2:58 am, by josephine
29th April 2024 – Following recent inflation data in the United States, which indicated that immediate interest rate cuts are unlikely, currencies in Asian emerging markets experienced subdued activity. The Indonesian rupiah depreciated by 0.3% against the U.S. dollar, while the South Korean won saw a slight retreat of 0.1%. Asian Upswing Contrasting the currency Continue Reading
Russian Rainfall Leads to Drop in Chicago Wheat Futures
Written on August 20, 2026 at 2:58 am, by josephine
30th April 2024 Chicago wheat futures continued to decline on Tuesday, dropping 0.4% to $6.06 a bushel by 0034 GMT. This move follows a significant 2% decrease on Monday, moving away from last week’s four-month high of $6.33-1/2 a bushel, which was the highest since December 29. SEE: Wheat futures experience a downward trend on Continue Reading
