Today's Analysis

20

Aug 2026
MARKETS TODAY: Fed Maintains US Interest Rates

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 …

20

Aug 2026
Oil stabilises, set for weekly fall on US economy concerns

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 …

20

Aug 2026
Gold prices steady despite uncertain US economic indicators

Gold prices are on track for a second consecutive weekly decline but remained stable on Friday morning at $2,301.49 per ounce as of 0215 GMT. The modest weekly loss of over 1% reflects a broader pullback from the record high …

20

Aug 2026
Asian stocks and Yen show resilience

Key points Asia-Pacific stock indices surge despite market closures Despite the closure of markets in Japan and mainland China, the regional stock indices responded positively, with MSCI’s broadest index of Asia-Pacific shares outside Japan climbing 1.5%, poised for a consecutive …

20

Aug 2026
Australian shares rally before US jobs report release

3rd May 2024 — Australian shares exhibited an observable increase, with the S&P/ASX 200 Index climbing by 42.00 points or 0.6%, to settle at 7,629.00. This rise came as investors positioned themselves ahead of the release of the US jobs …

20

Aug 2026
Gold prices fall due to dollar strength and awaited Federal Reserve comments

6th May 2024 – In the early trading hours on Monday in Asia, gold prices saw a decrease of 0.3%, with spot gold dropping to $2,294.97 per ounce as of 0040 GMT. Similarly, U.S. gold futures also experienced a dip …

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