Monthly Archives: August 2026
Asian markets await US inflation and China data
Written on August 15, 2026 at 10:20 am, by josephine
Key points: The US consumer price index (CPI) will be closely monitored this week, as it could influence the Federal Reserve’s decision on a potential rate cut in September. Market participants are particularly sensitive to changes in core CPI, which is expected to rise by 0.3% for the month of April. A figure lower than Continue Reading
Hong Kong stocks surge pending corporate performance and policy support
Written on August 15, 2026 at 10:20 am, by josephine
Key Points: Hong Kong stocks enjoyed their third consecutive session of gains on Monday, buoyed by investor optimism for forthcoming corporate earnings and potential governmental policy support. This optimism comes in the wake of new data revealing sluggish demand across China. Hang Seng sees strong upward market movement The Hang Seng Index increased by 151.38 Continue Reading
Calm in currency markets before US inflation test
Written on August 15, 2026 at 10:20 am, by josephine
Key points: The dollar is holding its ground against major currencies as market participants await crucial US inflation data, set to be released this week. The data is expected to play a significant role in the Federal Reserve’s decision-making about potential rate cuts in 2024. Recent employment figures, which came in below expectations, along with Continue Reading
Increased farmer sales are easing bids for soybeans and corn
Written on August 15, 2026 at 10:19 am, by josephine
Key points Basis bids for soybeans and corn shipped by barge to the U.S. Gulf Coast showed a slight decline on Wednesday. This shift reflects the increased sales by farmers, effectively boosting the supply in the market. raders have observed that after a spike in futures prices on the Chicago Board of Trade for corn Continue Reading
Oil prices surge on reduced U.S. supply and interest rate speculation
Written on August 15, 2026 at 10:19 am, by josephine
Key points 9th May 2024 – On Thursday, oil prices experienced a moderate increase in early trading, driven by a decrease in U.S. crude inventories and growing optimism about potential interest rate cuts by the Federal Reserve. Brent crude for July delivery climbed by 23 cents to $83.81 a barrel, while U.S. West Texas Intermediate Continue Reading
Corn and soybean prices on the rise before USDA report
Written on August 15, 2026 at 10:19 am, by josephine
Key points The most-active wheat contract on the Chicago Board of Trade (CBOT) rose to $6.39-2/8 a bushel early Friday, indicating a positive start to the day. Investors might expect further price stability or slight increases as market sentiment holds firm ahead of the USDA report. Picture: Wheat prices on the rise as seen on Continue Reading
MARKETS TODAY: Cable tests resistance, stock market rebound
Written on August 15, 2026 at 10:19 am, by josephine
Key points After a rebound from the support level of 1.0725, the EUR/USD pair is now challenging resistance around 1.0790, where the 50-day and 200-day Simple Moving Averages (SMAs) meet. SEE: The Cable tests resistance on the VT Markets trading app. This could extend to trendline resistance at 1.0810 and approach a significant Fibonacci level Continue Reading
Positive UK economic data lifts FTSE 100
Written on August 15, 2026 at 10:19 am, by josephine
Key points The FTSE 100 is experiencing an upswing, buoyed by the UK’s latest GDP data which surpassed expectations, indicating a recovery from a recent recession. SEE: The FTSE CFD, UK100ft, experiencing an upswing on the VT Markets trading app. The UK’s GDP for the first quarter was reported at 0.6%, higher than the market’s Continue Reading
Nikkei faces downturn amid earnings and profit-taking
Written on August 15, 2026 at 10:19 am, by josephine
Key points Japan’s Nikkei share average dipped over 1% on Wednesday, retreating from the multi-week highs observed in the last session. This movement came as a result of mixed corporate earnings, which highlighted clear winners and losers, alongside investors waiting for more information on the direction of U.S. interest rates. Picture: Nikkei prices see a Continue Reading
MARKETS TODAY: RBA holds rates high as inflation challenges loom
Written on August 15, 2026 at 10:19 am, by josephine
Key points The Reserve Bank of Australia (RBA) has chosen to maintain its interest rate at a 12-year peak of 4.35%, defying some market predictions that anticipated a rate increase. This decision comes as Australia grapples with persistently high inflation rates, which have exceeded early 2023 forecasts. Given the current economic climate, it’s plausible that Continue Reading
