Monthly Archives: August 2026
Euro and sterling test resistance as yen crosses rebound, loonie weakens and franc softens

Written on August 17, 2026 at 4:27 am, by josephine
Major currencies face resistance: EUR/USD targets 1.1600, GBP/USD tests highs; JPY, AUD capped; USD/CAD bearish; CHF weak.
Micro WTI Crude Holds Above $77 Arc Support, Eyes Rebound Towards $93 Amid Tightening Supplies

Written on August 17, 2026 at 4:26 am, by josephine
Micro WTI holds above $77 Support Arc; neutral-bullish bias targets $93, invalidated by sustained daily close below.
New Zealand services activity stays near neutral as BusinessNZ PSI holds at 50.6 in July

Written on August 17, 2026 at 3:26 am, by josephine
New Zealand’s services activity stayed flat in July (PSI 50.6), signaling fragile growth, likely rate cuts.
Rightmove Index Shows UK Asking Prices Slide 2% in August, Raising Pound and Rate Cut Bets

Written on August 17, 2026 at 2:27 am, by josephine
Rightmove reports UK asking prices fell 2% in August, signalling housing slowdown, potential pound weakness, and trading opportunities.
Israel–Hezbollah strikes lift geopolitical risk premium, keeping oil and volatility traders on alert

Written on August 17, 2026 at 2:26 am, by josephine
Israel resumes Lebanon strikes, raising geopolitical risk; traders eye oil volatility, calls, and safe-haven hedges.
Gold Futures Trading: The Complete Guide
Written on August 17, 2026 at 2:07 am, by josephine
A complete guide to gold futures trading: contract specs, margin, leverage, rollover costs, and practical steps to trade gold futures in 2026.
New Zealand card retail sales pickup clouds RBNZ rate-cut bets, lifts NZD upside potential

Written on August 17, 2026 at 1:27 am, by josephine
New Zealand card retail sales growth accelerated to 3.4% in July, signaling resilient demand and reduced RBNZ cut odds.
New Zealand card retail sales rebound in July, easing pressure for aggressive RBNZ rate cuts

Written on August 17, 2026 at 1:26 am, by josephine
New Zealand electronic card retail sales jumped 1.3% in July, boosting NZD and reducing aggressive RBNZ-cut expectations.
New Zealand Food Price Inflation Eases in July, Bolstering Expectations of RBNZ Rate Cuts

Written on August 17, 2026 at 12:27 am, by josephine
New Zealand food prices rose 0.1% in July, easing inflation, boosting rate-cut bets and NZD-bearish trades.
New Zealand Services Activity Edges Higher, Keeping RBNZ Rate-Cut Expectations in Check

Written on August 17, 2026 at 12:26 am, by josephine
New Zealand’s PSI rose to 50.9 in July, signaling stabilization; RBNZ likely steady, NZD range-bound, defensives favored.