Monthly Archives: August 2026
Thai inflation target review could pave way for rate cuts
Written on August 15, 2026 at 10:37 am, by josephine
Key points: The Bank of Thailand, jointly with the finance ministry, is set to review the inflation target range of the country. This is a move that Prime Minister Srettha Thavisin believes could enhance the prospects of an interest rate cut. Such a decision to review comes after the central bank decided to keep its Continue Reading
Strong nonfarm payrolls report throws rate cut timeline of the Federal Reserve into question
Written on August 15, 2026 at 10:36 am, by josephine
Key points: The Federal Reserve’s rate cut timeline has been thrown back into uncertainty after the latest US nonfarm payrolls report significantly exceeded expectations. Analysts had predicted 180,000 to 185,000 new jobs for May, but the actual figure came in at a robust 272,000, far surpassing 175,000 in April. This unexpected strength in job gains Continue Reading
Aussie and kiwi weaken as U.S. risk events loom
Written on August 15, 2026 at 10:36 am, by josephine
Key points: The Australian and New Zealand dollars faced pressure on Tuesday as traders prepared for the Federal Reserve policy meeting and U.S. inflation data. Bond markets lengthened the odds of early rate cuts at home, adding to the cautious sentiment. Aussie dollar dips on weak Chinese Yuan Picture: Aussie slumps as seen on the Continue Reading
Asian assets cautious ahead of US CPI data and Fed meeting
Written on August 15, 2026 at 10:36 am, by josephine
Key points: Emerging Asian markets were finely balanced on Tuesday as traders awaited the release of U.S. inflation data and the Federal Reserve’s policy meeting, which are set to influence future rate expectations. The Fed’s next policy decision, expected on Wednesday, is anticipated to result in policy rates remaining steady for the seventh consecutive meeting. Continue Reading
Gold prices tumble against strong US jobs data and rate cut uncertainty
Written on August 15, 2026 at 10:36 am, by josephine
Key points: Gold prices continued to tumble, weighed down by stronger-than-expected US nonfarm payrolls data. The yellow metal saw an observable drop, moving from $2,390 to $2,290 per ounce. The image above shows the how gold is under pressure, as observed on the VT Markets app. The nonfarm payrolls report for May revealed a substantial Continue Reading
Weaker Chinese yuan (CNY) pressures base metals as high inventories weigh on copper
Written on August 15, 2026 at 10:36 am, by josephine
Key points: Base metals experienced declines on Tuesday, driven by a combination of a weaker Chinese yuan (CNY) and high physical inventories. The depreciation of Chinese yuan against the US dollar reaching its lowest in nearly seven months, reduced the purchasing power of Chinese buyers. This, coupled with weak demand, exerted pressure on metals like Continue Reading
Dollar remains close to an 8-week low as payroll test approaches
Written on August 15, 2026 at 10:35 am, by josephine
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 euro retained its overnight gains after the European Central Bank (ECB) reduced rates in a Continue Reading
Gold set for first weekly gain in three weeks as US dollar, yields decline
Written on August 15, 2026 at 10:35 am, by josephine
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 yields lower. Spot gold was little changed at $2,377.13 per ounce as of 0321 GMT, Continue Reading
Oil prices dip due to uncertainty on OPEC+ cuts and strengthening of USD
Written on August 15, 2026 at 10:35 am, by josephine
Key points: Oil prices nudged lower for the second consecutive session on Monday, pressured by a stronger dollar as expectations for US interest rate cuts were delayed following robust nonfarm payrolls data released on Friday. Brent crude oil futures (Symbol: UKOUSD) slipped to $79.58 a barrel, while US WTI crude oil futures (Symbol: USOUSD) fell 4 Continue Reading
Euro hits one-month low following Macron’s snap French election call
Written on August 15, 2026 at 10:35 am, by josephine
Key points: The Euro experienced a decline, reaching a one-month low, as French President Emmanuel Macron announced a snap legislative election, stirring political uncertainties. Concurrently, the dollar gained strength, buoyed by an unexpectedly strong U.S. jobs report last Friday, which tempered expectations for imminent rate cuts. Picture: The downside prevails for EUR/USD pairs. Download the Continue Reading
