Monthly Archives: August 2026
Offshore yuan rebounds as Trump’s election prospects decline
Written on August 15, 2026 at 11:19 am, by josephine
Offshore yuan rebounds past 7.11 per dollar as Donald Trump’s chances of winning the U.S. presidency decline, reducing tariff threats. Traders now focus on U.S. inflation and key Chinese economic data. -vtmarkets.com
Dollar holds steady while yen slips amid ongoing Fed rate-cut debate
Written on August 15, 2026 at 11:19 am, by josephine
Key points: The dollar held steady on Monday as investors remained uncertain about the size of an anticipated Federal Reserve rate cut this month. Meanwhile, the yen lost some ground after last week’s rise, reflecting a pullback in risk aversion. Friday’s US jobs report added to the ambiguity in the market. Although the report revealed Continue Reading
Japan’s Nikkei drops 3% as tech stocks track Wall Street’s decline
Written on August 15, 2026 at 11:19 am, by josephine
Key points: Japan’s Nikkei 225 index dropped 3.02% on Monday, falling to 35,292.62 as of 0050 GMT, dragged down by technology and financial stocks. The drop followed a similar sharp decline on Wall Street, where tech stocks had experienced broad sell-offs. This marks the first time since August 13 that the Nikkei has broken below Continue Reading
Oil prices rebound as U.S. Gulf coast braces for hurricane
Written on August 15, 2026 at 11:19 am, by josephine
Key Points: Oil prices made a sharp recovery as the threat of a hurricane in the U.S. Gulf Coast sparked concerns over potential supply disruptions. West Texas Intermediate (WTI) oil prices (Symbol: USOUSD) rose to $68.39 per barrel, while Brent crude oil prices (Symbol: UKOUSD) increased to $71.77 per barrel. Picture: Oil prices increase as Continue Reading
Gold prices silences as markets await key Fed decision on rate cuts
Written on August 15, 2026 at 11:18 am, by josephine
Key Points: Gold prices (Symbol: XAUUSD) held near $2,500 per ounce as markets turned to speculate on the Fed’s upcoming interest rate decision, after the U.S. labour market presented a complex picture for investors. Picture: XAUUSD prices silenced as markets await the Fed’s interest rate decision, as observed on the VT Markets app. U.S. economic Continue Reading
Sterling falls as the U.S. dollar gains on jobs-fueled rally
Written on August 15, 2026 at 11:18 am, by josephine
Key Points: The GBPUSD pair experienced a sharp reversal, with the pound erasing more than 1% in gains due to a sudden surge in the US dollar following the release of the US jobs report. Picture: GBPUSD pair dropped 1% as the US dollar rallied, as observed on the VT Markets app. Earlier in the Continue Reading
Gold struggles for momentum as markets focus on US jobs data
Written on August 15, 2026 at 11:18 am, by josephine
Gold prices remained largely flat on Thursday, reflecting investor caution ahead of the U.S. nonfarm payrolls report. This data could signal future rate moves by the Federal Reserve, particularly with market attention focused on whether a rate cut will materialise at the next policy meeting. -vtmarkets.com
Dollar falters as rising bets suggest a larger Fed rate cut
Written on August 15, 2026 at 11:18 am, by josephine
The U.S. dollar dipped on Thursday as traders raised their expectations of an outsized rate cut from the Federal Reserve later this month. Concerns over the U.S. economy’s growth outlook, following weaker-than-expected data, have pushed investors toward safe-haven currencies like the yen. -vtmarkets.com
Wheat and soybean retreat as supply issues loom
Written on August 15, 2026 at 11:18 am, by josephine
Key Points: This is a follow up article to: Wheat rises for the fifth consecutive day due to European production issues Wheat (Symbol: Wheat-C) and soybean (Symbol: Soybean-C) prices saw slight pullbacks after a speculative-driven short-covering rally lifted prices off their recent lows. Despite this breather, both contracts hovered near multi-week highs, with supply concerns Continue Reading
Rupee hovering at weak levels as dollar struggles before key U.S. jobs data
Written on August 15, 2026 at 11:18 am, by josephine
Key Points: The Indian rupee (Symbol: USDINR) is poised to remain near its weakest level of 84 against the U.S. dollar as markets await crucial U.S. jobs data, which could shape the Federal Reserve’s interest rate decision at its upcoming September meeting. Picture: USDINR hovering near its record low, as observed on the VT Markets Continue Reading
