Monthly Archives: August 2026
Fed Rate hikes may pull the economy into a recession, ECB’s plans to boost interest rates dragged the Euro lower
Written on August 15, 2026 at 8:19 am, by josephine
US stock declined on Tuesday amid fears that aggressive rate hikes will drag the economy into a recession ahead of Wednesday’s critical inflation report. Slowing economic growth and soaring inflation continued to weigh on investors’ mood across financial markets, as economists said that inflation kept heating up in June and might force the Federal Reserve Continue Reading
US Indices climbed on Friday despite a stronger US dollar on recession fears
Written on August 15, 2026 at 8:19 am, by josephine
US stock advanced on Friday and recovered some of the ground lost in Thursday’s session, as the late-day rebound might be exacerbated by low volume ahead of Monday’s holiday. The risk of a renewed selloff in equities is still high due to the pessimistic growth outlook, as investors are worried that the tighter monetary expectations Continue Reading
Inflation climbed 9.1% in June, highest since 1981
Written on August 15, 2026 at 8:19 am, by josephine
US stock continued its slide on Wednesday amid the hot US inflation report, which weighed on financial markets and boosted speculation that the US Federal Reserve will tighten its monetary policy more aggressively. The US Consumer Price Index soared by 9.1% YoY in June, which was much worse than the 8.8% expected and also much Continue Reading
Eurozone PPI below market predictions continues to justify ECB rate hikes; FOMC minutes and Nonfarm Payrolls report in focus
Written on August 15, 2026 at 8:19 am, by josephine
US equity market remained closed yesterday due to the US Independence Day holiday, but the cautious mood ahead of this week’s Monetary Policy Meeting Minutes from the Fed and the European Central Bank has exerted bearish pressure on investors’ sentiment. The futures for the US equity index and European bonds fell as investors worried that Continue Reading
The US dollar rose, supported by recession fears, reaching a 20-year high of over 109
Written on August 15, 2026 at 8:19 am, by josephine
US stock continued to stay in negative territory but closed above session lows as Federal Reserve officials’ comments have eased investors’ concerns about a recession caused by the aggressive pace of monetary tightening. Federal Reserve Governor Christopher Waller said that markets may have gotten ahead of themselves by pricing a 100 basis points rate hike Continue Reading
EUR/USD hit a 20-year low, EU economy slipped to a 16-month low
Written on August 15, 2026 at 8:19 am, by josephine
US stock rebounded slightly after falling as much as 2.2% on Tuesday as fears of a globalized recession take their toll on financial markets. The talks of easing tariffs on China imposed by the former administration failed to appease recession fears as concerns about a potential US recession and stubborn inflation remained, despite the reducing Continue Reading
S&P500, Nasdaq 100, and the US Dollar gained as the Fed signalled more rate hikes, indicating the market still fears a worldwide recession
Written on August 15, 2026 at 8:19 am, by josephine
US stocks rose for three days in a row, as investors parsed economic data that hinted at slower growth, which also prompted some to brush off the hawkish stance reiterated by Fed in June meeting minutes. All eyes need to be on the Fed, officials ‘’agreed” last month that interest rates may need to keep Continue Reading
G-7 countries announced gold sanctions against Russia
Written on August 15, 2026 at 8:19 am, by josephine
US shares rallied on Friday, rebounding off the lows of the bear market. In the meantime, the bounce-back of the US shares capped its first weekly advance since May. The Dow Jones Industrial Average advanced 2.68%, 823.32 points. The S&P 500 jumped 3.06%, and the Nasdaq Composite rallied 3.34% to 11,607.62 on Friday. All three Continue Reading
Wall Street hopes Fed can stick a soft economic landing, boosting US stocks Thursday
Written on August 15, 2026 at 8:19 am, by josephine
US stock rebounded through trade on Thursday, as Wall Street jumped on hopes Fed can stick the soft economic landing. Two of the Federal Reserve’s most hawkish policymakers pushed back against fears of a recession as monetary settings tighten. Governor Christopher Waller and St. Louis Fed President James Bullard supported the need for restrictive policy Continue Reading
Russia has entered its first major foreign debt default, as the payment period expires
Written on August 15, 2026 at 8:18 am, by josephine
US shares edged lower to start the week following a major rebound from last Friday. The Dow Jones Industrial Average dropped 0.2%, to 31,438.26. The Nasdaq Composite declined 0.7% while the S&P 500 fell 0.3% at the end of the day. US stocks struggled to turn upside down on Monday as investors weighed whether the Continue Reading
