Monthly Archives: August 2026
MARKETS TODAY: Gold Prices On Pause, What’s Next?
Written on August 20, 2026 at 2:58 am, by josephine
ICYMI – 30 April 2024 – Monday marked a modest retreat in gold prices, with the commodity trading lower as market participants hold their breath for major upcoming economic indicators. The trading community is treading lightly, preferring to wait on the sidelines until the Federal Reserve makes its announcement and the latest U.S. job data Continue Reading
Japan’s Nikkei Tracks Wall Street’s Positive Movement
Written on August 20, 2026 at 2:58 am, by josephine
Japan’s Nikkei 225 index experienced a rise of 1.24%, closing at 38,405.66, driven by an upbeat performance in U.S. markets and investor optimism. SEE: Nikkei sees modest rise on the VT Markets VT Markets app. Despite this daily gain, the Nikkei recorded a 4.99% drop in April, marking its first monthly decline of the year and Continue Reading
Chinese Stocks See Mixed Results Before Labor Day
Written on August 20, 2026 at 2:58 am, by josephine
4 April 2024 – Mainland China’s stock indices experienced slight declines today, with investors adopting a cautious stance in anticipation of the long Labor Day holiday and critical upcoming events. The Shanghai Composite index saw a marginal drop of 0.12% to 3,109.26 points by the midday break, while the blue-chip CSI300 index was down by Continue Reading
Tesla Expands Full Self-Driving Technology to China
Written on August 20, 2026 at 2:58 am, by josephine
Over the weekend, Tesla CEO Elon Musk announced that Tesla’s advanced driver-assistance system, Full Self Driving (FSD), has been cleared for sale in China, prompting a 15% surge in Tesla’s stock on Monday. This move marks a significant expansion for Tesla into the Chinese market, which is already a major hub for electric vehicle (EV) Continue Reading
Oil Prices See Rebound with U.S. Purchase Plans
Written on August 20, 2026 at 2:58 am, by josephine
Oil prices rebounded on Thursday as the U.S. signaled potential plans to replenish its strategic petroleum reserves. This news offered some support to the market after it faced a downturn driven by multiple factors including geopolitical hopes and economic uncertainties. Picture: Oil prices on the rise as seen on VT Markets app. Brent Crude and Continue Reading
Yen Sees Unexpected Volatility From Possible Intervention
Written on August 20, 2026 at 2:57 am, by josephine
2nd May 2024 The yen experienced volatility in early trading on Thursday, surrendering gains after a sharp overnight surge against the dollar, which traders and analysts have attributed to possible intervention by Japanese authorities. SEE: Sharp dip followed by a drastic recovery for USDJPY pair on the VT Markets trading app. The dollar regained strength, Continue Reading
Australian and New Zealand Dollars Retain Strength as Powell Calls for Rate Patience
Written on August 20, 2026 at 2:57 am, by josephine
Jerome Powell, Chair of the U.S. Federal Reserve, has reassured the financial markets by emphasising a likely downward adjustment in future interest rates. This guidance follows a series of inflation reports that had stoked expectations of tighter monetary policy. Picture: AUDUSD prices on the rise as recorded on VT Markets trading app. In the currency Continue Reading
London Metal Prices See Gain; Softer Dollar More Attractive
Written on August 20, 2026 at 2:57 am, by josephine
2nd May 2024 – In this latest trading session, non-ferrous metals on the London Metal Exchange witnessed varying degrees of price increases, primarily driven by a dip in the U.S. dollar. This depreciation has made metals priced in dollars more affordable for holders of other currencies. Copper, a major indicator of economic health, rose by Continue Reading
MARKETS TODAY: Fed Maintains US Interest Rates
Written on August 20, 2026 at 2:57 am, by josephine
ICYMI – Market Summary for 2 May 2024 Despite market speculations, Federal Reserve Chair Jerome Powell has reiterated the central bank’s position, maintaining interest rates at 5.25%-5.50%, levels not seen in 23 years. This comes despite ongoing challenges in achieving the Fed’s 2% inflation target. Volatile Yen The Japanese Yen also witnessed a temporary surge, Continue Reading
Oil stabilises, set for weekly fall on US economy concerns
Written on August 20, 2026 at 2:57 am, by josephine
Oil prices are rising today as OPEC+ members discuss possibly extending their supply cuts. Despite this upward movement, Brent and West Texas Intermediate (WTI) crude are set to end the week with losses, influenced by U.S. economic uncertainties and minimal impact on oil supplies from the ongoing Israel-Hamas conflict. Picture: Oil prices rising as seen Continue Reading
