Monthly Archives: August 2026
US Retail Sales increased, Fed will keep tightening policy
Written on August 15, 2026 at 8:46 am, by josephine
US stocks declined on Thursday, coming under bearish pressure and fell in a choppy session after the latest batch of economic data did little to dial back expectations for the Federal Reserve’s aggressive hikes move. The US Retail Sales rose by 0.3% in August, which came in better than the market expectation for a no-change Continue Reading
Interest rate hike expectations remain high, market ignores the NFP report
Written on August 15, 2026 at 8:43 am, by josephine
US stocks declined on Friday, continuing its previous slide and suffered a third-week loss despite the US Nonfarm Payrolls data showing some signs of easing in the labour market. The US Nonfarm Payrolls rise by 315K in August, but at a more moderate pace following the 528k increase in July. However, the growing expectations of Continue Reading
Liz Truss elected Prime Minister, GBPUSD strengthened
Written on August 15, 2026 at 8:43 am, by josephine
British government announces its latest Prime Minister. Liz Truss from the Conservative Party has been elected as Boris Johnson leaves office. Prime Minister Liz Truss’ hawkish reputation soon provided an upward boost to GBP/USD. Meanwhile, US stocks remained closed on Monday amid the Labor Day holiday in the US, causing the trading volumes to maintain Continue Reading
Federal Reserve will stay hawkish on policy tightening
Written on August 15, 2026 at 8:43 am, by josephine
US stocks edged lower on Tuesday, seesawing between gains and losses along the session but gave up ahead of the close amid the bets that the Federal Reserve will stay hawkish on policy tightening. On top of that, recession fears still remained amid the escalating energy crisis, but UK Prime Minister Liz Truss has announced Continue Reading
Economic growth slowed, US stocks higher
Written on August 15, 2026 at 8:43 am, by josephine
US stocks advanced higher on Wednesday, climbing the most in about a month as the global bond market selloff takes a break. The equity market witnessed fresh upside strength after the release of the minutes from the Federal Reserve (Fed) Beige Book, which showed that price growth has slowed in 9 of the 12 districts Continue Reading
Powell reaffirmed Fed’s commitment to tackle inflation
Written on August 15, 2026 at 8:43 am, by josephine
Jerome Powell, the chairman of the Federal Reserve, reaffirmed the bank’s commitment to combating price increases and remaining upbeat until inflation returns to the Fed’s 2 percent objective on Thursday. Following Powell’s reiteration of the necessity of combating high inflation, the stock market ended a choppy session with solid gains. The Nasdaq increased by 0.6% Continue Reading
Powell predicts “some pain” as the Fed fights inflation
Written on August 15, 2026 at 8:35 am, by josephine
US stocks tumbled on Friday, as Jerome Powell gave a clear message that rates will likely stay high for some time, throwing cold water on the idea of a Federal Reserve pivot that could jeopardize its war against inflation. Moreover, the Fed chief reiterated that another ”unusually large” hike could be appropriate next month, though Continue Reading
In Focus: US Labour Data After Jackson Hole Symposium
Written on August 15, 2026 at 8:35 am, by josephine
The US Non-farm Employment Change in the labour data is a primary focus this week, as the Fed’s speech at the 2022 Jackson Hole Symposium on 25-27 August may influence policymakers’ decisions. The US will release data this week on job openings, consumer confidence, and manufacturing activity in the service sector. Germany and Switzerland will Continue Reading
Interest Rates will keep Increased, US stocks declined
Written on August 15, 2026 at 8:35 am, by josephine
US stocks declined on Monday, as a realization that interest rates are likely to remain elevated for an extended period continued to force a repricing across assets. Powell’s speech during the Jackson Hole symposium underscored that expectations for any reversal of Fed tightening next year were unlikely unless inflation reverted toward the central bank’s long-term Continue Reading
Household and labour demand are strong, supporting the Fed’s aggressive move
Written on August 15, 2026 at 8:35 am, by josephine
US stocks ends at the lowest level in a month, as fresh data pointed to resilience in household and labour demand, affirming the Federal Reserve’s resolve to continue to be aggressive in its fight against inflation. Three regional Fed presidents, in separate remarks on Tuesday, reiterated Chair Jerome Powell’s intention to bring down inflation. A Continue Reading
