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Today's Analysis

20

Aug 2026
Oil, treasury yields decline as US sees falling job openings

Key points: The U.S. economy’s recently robust performance may be starting to wane, as indicated by the latest Job Openings and Labor Turnover Survey (JOLTS). The data revealed that job openings fell to the lowest level in more than three …

20

Aug 2026
Oil prices hovering at lows with rising supply and uncertain demand 

Key points:  WTI crude oil (Symbol: USOUSD) hovered near $73 per barrel on Wednesday, maintaining their position at four-month lows after five consecutive sessions of decline. Brent crude oil (Symbol: UKOUSD) also held around $76 per barrel, near three-month lows. Both …

20

Aug 2026
US dollar and Singapore dollar trading in consolidation ahead of US economic data release 

Key points:  The USD/SGD pair is consolidating during the Asian session, holding steady at 1.3462 as traders await crucial US economic data. The focus tonight is on the ISM services PMI report, which is particularly noteworthy as the services sector …

20

Aug 2026
Path for a lower dollar as economic data deteriorates

Key points: The US dollar is experiencing downward pressure as recent economic data reveals a series of setbacks. The GDPNow forecast, which provides an early estimate of the US GDP, indicates an observable downturn in Q2 growth. This shift is …

20

Aug 2026
Loonie sees mixed performance as central bank cuts interest rates for homeowners 

Key points:  Homeowners across Canada are breathing a sigh of relief following the decision from its central bank to cut interest rates for the first time in four years. Such a move by the Bank of Canada (BoC) provides much-needed …

20

Aug 2026
ECB set to cut interest rates following inflation confidence in inflation data 

Key points:  The European Central Bank (ECB) is poised to make its first interest rate cut since 2019, with a 25-basis point reduction anticipated on Thursday. This move comes from increased confidence that inflation will return to the level targeted …

20

Aug 2026
S&P 500 and Nasdaq hit record highs on Fed easing hopes

Key points: On Wednesday, the S&P 500 and Nasdaq indexes soared to record closing highs, spurred by technology stocks. Economic data hinting at Federal Reserve easing measures provided additional momentum to the market. Picture: Bullish bias above 5338.00 for S&P500. …

20

Aug 2026
Strong ISM services data indicates robust US business activity

Key points: The latest Institute for Supply Management (ISM) services report revealed a surge in US business activity, surpassing market expectations. This positive data is reflective of an increase in business activity and new orders growth, suggesting a thriving service …

20

Aug 2026
Dollar remains close to an 8-week low as payroll test approaches

Key points: The dollar hovered close to an eight-week low on Friday, with market participants keenly awaiting the U.S. jobs report. This report is expected to provide important clues on the timing of potential Federal Reserve interest rate cuts. The …

20

Aug 2026
Gold set for first weekly gain in three weeks as US dollar, yields decline

Key points: Gold prices held steady on Friday and were on track for their first weekly gain in three weeks. Traders are betting that the U.S. Federal Reserve will start cutting rates soon, which has sent the dollar and Treasury …

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