Monthly Archives: August 2026
Gold Holds Steady Near Record Highs as Traders Await U.S. Inflation Data
Written on August 15, 2026 at 11:26 am, by josephine
Gold holds at record highs as markets anticipate U.S. PCE data and monitor Fed rate cut chances. Discover why traders favour gold amid geopolitical tensions and economic updates. -vtmarkets.com
Australian Dollar Approaches 2024 High as China Lowers Rates Ahead of RBA Decision
Written on August 15, 2026 at 11:26 am, by josephine
Though economists widely expect the RBA to hold interest rates steady, the market seems divided on the potential for cuts in the near term. Reuters’ poll of 44 economists shows just four anticipate a reduction by year-end, while traders see a roughly 60% chance of a cut. -vtmarkets.com
Nikkei Hits 3-Week High on Wall Street Gains and BOJ Dovishness
Written on August 15, 2026 at 11:26 am, by josephine
Key points: The Nikkei climbed to a three-week high as trading resumed after a long holiday weekend in Japan. Boosted by Wall Street’s performance overnight, the Nikkei surged by 1.5%, reaching 38,293.34 in early trading. Earlier in the session, it touched 38,338.65, its highest point since September 3. Picture: Nikkei trading at 38033.85 on the Continue Reading
Australian Dollar Hits 19-Month Peak, Kiwi Reaches Yearly Highs
Written on August 15, 2026 at 11:26 am, by josephine
Key points: We saw the Australian dollar climbing to $0.6890, coming close to the $0.6908 mark, a level not touched since early 2023. Breaking these levels has opened the door for further movement towards $0.7030 and $0.7088. This momentum has been largely driven by hopes that China’s latest round of stimulus will provide a much-needed Continue Reading
Oil Prices Consolidate on Mixed Market Signals
Written on August 15, 2026 at 11:25 am, by josephine
Oil prices consolidate as U.S. crude oil inventories decline, but waning optimism over the Chinese economic stimulus and rising Middle East tensions keep markets in a cautious state. -vtmarkets.com
S&P 500 Hits Record High on Renewed Optimism over Rate Cuts
Written on August 15, 2026 at 11:25 am, by josephine
The S&P 500 hit new record highs as semiconductor stocks rallied and traders increased bets on further interest rate cuts. Investors now focus on upcoming economic data for insights into the Fed’s policy direction. -vtmarkets.com
Traders focus on data, elections, and earnings after Fed rate cut
Written on August 15, 2026 at 11:25 am, by josephine
The Federal Reserve’s decision to cut rates by 50 basis points sent the benchmark S&P 500 to its first closing all-time high in two months. So far, the index has gained 0.8% in September, a month historically known for weaker performance in equities. -vtmarkets.com
Gold prices near record highs as Fed’s aggressive rate cut drives demand
Written on August 15, 2026 at 11:25 am, by josephine
Gold prices remained strong after the U.S. Federal Reserve cut rates by half a percentage point last week. With further rate cuts expected by the year’s end, gold continues to attract demand, as lower interest rates typically boost the appeal of zero-yield assets like gold. -vtmarkets.com
Copper prices edge higher on positive sentiment after Fed rate cut
Written on August 15, 2026 at 11:25 am, by josephine
Copper prices edge higher after the rate cut from the U.S. Federal Reserve, with further support stemming from improving U.S. economic sentiment and rising demand from China. -vtmarkets.com
USDJPY Stalls Near Key Resistance Ahead of Tokyo Fiscal Half-End
Written on August 15, 2026 at 11:25 am, by josephine
USDJPY pulls back on narrowing US-Japan interest rate differentials. With the fiscal half-end of Tokyo approaching, volatility is expected. Insights into support and resistance levels for traders. -vtmarkets.com
