Monthly Archives: August 2026

Brent steadies above $80 as interim Iran-Oman Strait traffic deal tests oil and dollar sentiment

Written on August 6, 2026 at 8:51 pm, by

Tentative Iran-Oman Strait deal may ease oil volatility, soften USD, yet risks remain from potential tanker attacks.

Dollar holds near 158.20 against yen as NFP looms and intervention risks linger

Written on August 6, 2026 at 7:52 pm, by

USD/JPY holds near 158.20 as NFP looms; options traders eye volatility, intervention risk, and key levels.

Rabobank Sees UK Savings Buffer Fuel Brief Demand Boost as Confidence Picks Up Under ‘Vibonomics’

Written on August 6, 2026 at 6:51 pm, by

Rabobank sees confidence-driven spending lift from £150bn savings buffer, but warns reforms needed for lasting UK growth.

Dollar index consolidates near seven-week low as bearish bias persists below 100 resistance

Written on August 6, 2026 at 5:53 pm, by

Dollar index consolidates above 99.50 support after 1.5% drop; bearish bias persists below 100 resistance level.

Oil holds near $80 as Iran-Oman Hormuz route talk calms supply fears, options hedging advised

Written on August 6, 2026 at 5:22 pm, by

Oil steadies near $80 as Iran-Oman route eases fears; options traders brace for sudden volatility.

US Wholesale Inventories Rise 0.2% in June, Missing Forecast and Tempering GDP Support

Written on August 6, 2026 at 4:51 pm, by

US wholesale inventories rose 0.2% in June, missing forecasts, signaling lean stock builds and softer GDP impact.

Russell Futures Bounce From ‘Blue Box’ Support as Traders Eye 3,068 Break for Next Upswing

Written on August 6, 2026 at 4:21 pm, by

Russell futures hit Blue Box support, rebounded; traders eye Fib retracement, breakeven stops, and 3,068 breakout confirmation.

Sterling steady near 1.3460 as investors await US jobs data and test 1.3500 resistance

Written on August 6, 2026 at 3:53 pm, by

Sterling steadied near 1.3460 as markets awaited US jobs data, with GBP/USD range-bound between 1.3400-1.3500.

AI Trade Shifts to Cost Efficiency, Pressuring Hardware Margins as Hyperscaler Spending Growth Slows

Written on August 6, 2026 at 3:52 pm, by

Falling AI costs shift trade from GPU scarcity to efficiency, boosting platforms; hardware pricing power weakens.

Gold consolidates near $4,270 as dollar steadies and markets await Iran–Oman Hormuz accord

Written on August 6, 2026 at 2:24 pm, by

Gold consolidates near $4,269 as dollar steadies, Iran–Oman shipping talks and US jobs data awaited.

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