Monthly Archives: August 2026

TD Securities sees Brent staying above $90 on tight supply, Hormuz risks and low product stocks

Written on August 18, 2026 at 9:27 pm, by

TD Securities sees tight oil markets keeping Brent elevated, with Hormuz risks, deficits, and bullish options strategies.

Scotiabank sees USD/CAD near 1.3870, with bearish bias as spreads narrow and oil supports loonie

Written on August 18, 2026 at 8:27 pm, by

Scotiabank sees USD/CAD near 1.3870 equilibrium but bearish, favoring CAD strength; targets 1.3817, then 1.35–1.37.

US Pending Home Sales Fall 2.2% in July, Boosting Fed Rate-Cut Bets and Bond Demand

Written on August 18, 2026 at 7:26 pm, by

Pending home sales fell 2.2% YoY in July, boosting Fed cut bets; favor long Treasuries, short USD.

Equinor shares hit record highs as buybacks and Elliott Wave breakout point to $68–$76 target

Written on August 18, 2026 at 6:28 pm, by

Equinor hits new highs on strong cash flow; Elliott Wave suggests pullback, then long-term $68–76 target.

Gold steadies near $4,400 as rising US yields fail to dent safe-haven demand amid fiscal worries

Written on August 18, 2026 at 6:27 pm, by

Gold holds near $4,400 despite rising yields, as fiscal, inflation fears and renewed ETF inflows boost demand.

Sterling slides as UK jobs data softens, GBP/USD tests 1.3520 support

Written on August 18, 2026 at 5:27 pm, by

Sterling dips as UK jobs data softens; GBP/USD tests 1.3520 support amid bearish, volatility-focused strategies.

Gold steadies as softer US data supports rate pause, but Middle East oil risks cap upside

Written on August 18, 2026 at 5:26 pm, by

Gold supported by steady Fed outlook and weaker dollar, but oil risks cap upside; range-bound forecast.

Offshore Share of New Zealand Bonds Rises as Investors Brace for Dovish RBNZ Turnaround

Written on August 18, 2026 at 4:28 pm, by

Foreign bond ownership hit 58.9% in July, suggesting demand persists as RBNZ hike expectations fade.

US Redbook retail sales growth slows to 7.6%, bolstering bets on Fed policy easing

Written on August 18, 2026 at 4:27 pm, by

US Redbook YoY growth slowed to 7.6%, signaling cooling retail sales, easing inflation pressure, and shifting markets.

Canada housing starts miss July forecasts, fuelling bets on Bank of Canada rate cuts

Written on August 18, 2026 at 2:28 pm, by

Canada’s July housing starts fell to 229.1K versus 248K forecast, boosting bond longs, CAD puts, hedges.

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