Monthly Archives: August 2026
Bank of Japan (BOJ) open to act on excessive Japanese yen decline
Written on August 15, 2026 at 10:29 am, by josephine
Key Points: On Wednesday, Bank of Japan (BOJ) board member Seiji Adachi indicated that the central bank may take monetary policy action if excessive depreciation of the Japanese yen (JPY) persists and significantly impacts inflation expectations. Adachi emphasized the importance of adjusting the degree of monetary support in response to ongoing economic, price and financial Continue Reading
Oil prices steady ahead of OPEC+ meeting
Written on August 15, 2026 at 10:29 am, by josephine
Key points: Oil prices saw minimal movement in early Asian trading on Monday, as market participants are focused on the upcoming OPEC+ meeting scheduled for June 2. This meeting, initially set for June 1, was delayed by a day and will now be held online. Producers are expected to deliberate on whether to maintain voluntary Continue Reading
Dollar strengthens ahead of news on global inflation
Written on August 15, 2026 at 10:29 am, by josephine
Key points: The dollar started the week on a firm note as traders awaited crucial inflation data from the U.S., Europe, and Japan. This data is expected to provide clarity on the future of global interest rates. In recent months, the search for yield has dominated foreign exchange markets, with low-interest currencies under pressure while Continue Reading
China’s yuan dips as PBOC sets new midpoint
Written on August 15, 2026 at 10:29 am, by josephine
Key points: On Tuesday, China’s yuan slipped slightly as traders remained cautious ahead of key inflation data from major global economies. These reports could provide insights into the short-term trajectory of global interest rates. SEE: The offshore yuan (USDCNH) trading at 7.26184 as seen on the VT Markets app. PBOC weakens rate of yuan in Continue Reading
Aussie rises as investors await inflation data
Written on August 15, 2026 at 10:28 am, by josephine
Key points: The Australian dollar (AUD) climbed past $0.665 on Monday, marking its third consecutive session of gains. Market participants are bracing for upcoming domestic inflation figures, which could significantly influence the interest rate outlook. The appreciation of AUD is also supported by a broad pullback in the US dollar (USD) and strong carry demand Continue Reading
US dollar edges lower against Singapore dollar ahead of economic data release
Written on August 15, 2026 at 10:28 am, by josephine
Key points: During the Asian trading session, the USDSGD pair edged lower, slipping 0.1% to 1.3472. This movement is likely a result of position adjustments by traders ahead of the release of key US economic data later today. The market is particularly focused on the US consumer confidence report by the Conference Board for May. Continue Reading
Dollar Index stays below 100 as US data softens; focus turns to Fed minutes and UK CPI
Written on August 15, 2026 at 10:28 am, by josephine
Dollar index slips below 100 after weak US data; focus turns to FOMC minutes, UK CPI, China.
Chicago wheat set for biggest weekly gain in a month on global crop concerns
Written on August 15, 2026 at 10:28 am, by josephine
Key points: Chicago wheat prices gained more ground on Friday, poised for their largest weekly rise in a month, driven by concerns over crop losses in the Black Sea region and other key exporting countries. The most-active wheat contract on the Chicago Board of Trade (CBOT) rose 0.4% to $7.01 a bushel, taking the weekly Continue Reading
Dollar rises as traders scale back US rate cut expectations
Written on August 15, 2026 at 10:28 am, by josephine
Key points: The dollar surged this week, marking its largest weekly rise in over a month. Surprisingly strong U.S. economic data has left markets on edge about the outlook for U.S. inflation and interest rates. In May, U.S. business activity accelerated to its highest level in just over two years. Manufacturers reported surging input prices, Continue Reading
Japan’s Nikkei records weekly loss as Fed outlook weighs
Written on August 15, 2026 at 10:28 am, by josephine
Key points: Japan’s Nikkei share average fell sharply on Friday, reflecting declines on Wall Street. Strong U.S. economic data has stoked bets that persistent inflation may delay Federal Reserve interest rate cuts. Picture: Nikkei in the slumps as seen on the VT Markets app. The Nikkei index dropped 1.17% to 38,646.11 by the close, after Continue Reading
