Monthly Archives: August 2026
Dollar and Oil Rise as Gold Hits Record, Traders Watch US Data and Hormuz Reports
Written on August 6, 2026 at 1:22 pm, by josephine
Dollar and crude rose as gold hit records; mixed global equities amid Hormuz rumors and key US data.
WTI Slides Below $75 as Middle East Risk Premium Fades Despite Steady Gulf Export Constraints
Written on August 6, 2026 at 12:51 pm, by josephine
WTI slid to $74 as tensions ease, but constrained Gulf exports and mixed demand keep volatility elevated.
Brazil’s central bank trims Selic to 14% as easing outlook tightens amid inflation and election risks
Written on August 6, 2026 at 12:22 pm, by josephine
Brazil’s central bank cut Selic to 14.0%, but easing remains constrained by inflation, fiscal risks, elections.
Eurozone Retail Sales Miss Forecasts, Raising Renewed Concerns Over Consumer Demand and Euro Outlook
Written on August 6, 2026 at 11:22 am, by josephine
Eurozone retail sales fell 0.3% in June, missing forecasts, slowing annual growth and pressuring the euro.
Euro holds near ¥182.25 as intervention risk and Eurozone sales data steer EUR/JPY volatility
Written on August 6, 2026 at 10:52 am, by josephine
EUR/JPY held near 182.25 as intervention fears rose; traders eye Eurozone retail sales and volatility-based options strategies.
Gold rises as softer dollar and reduced Fed hike bets lift metal above key support level 4205
Written on August 6, 2026 at 10:22 am, by josephine
Gold climbed on softer USD and reduced Fed tightening bets, breaking 4205 support-resistance while eyeing 4550.
Western Digital Shares Slide as Earnings Spark Market Repricing
Written on August 6, 2026 at 10:14 am, by josephine
Key Points: Western Digital Corporation saw heightened volatility after its latest earnings report, as investors reassessed future growth expectations despite stronger-than-expected results. The stock closed the regular session at $519.17, down 5.4%, before trading near $461.70 in after-hours trading as markets reacted to the company’s outlook. The move reflected a broader reassessment of whether strong Continue Reading
Wall Street Hits Record Highs as Earnings Strength and Lower Oil Prices Boost Sentiment
Written on August 6, 2026 at 10:11 am, by josephine
US stock indices reach record highs as strong earnings, AI growth, lower oil prices, and Fed expectations lift market sentiment.
USDX Stabilises as Markets Reassess Fed Outlook and Oil Risks
Written on August 6, 2026 at 10:08 am, by josephine
The US Dollar stabilises near recent lows as easing energy concerns, weaker US labour data and shifting Federal Reserve expectations influence market sentiment.
Italy’s Industrial Output Falls 0.6% in June, Stoking ECB Dovish Bets and Spread-Widening Trades
Written on August 6, 2026 at 9:22 am, by josephine
Italy’s June industrial output fell 0.6% year-on-year, missing forecasts, intensifying pressure on ECB stance and markets.
