Monthly Archives: August 2026
Gold poised for monthly gain as market focuses on U.S. data
Written on August 15, 2026 at 11:14 am, by josephine
Gold prices (Symbol: XAUUSD) are showing resilience, poised to log their second consecutive monthly gain as market sentiment remains buoyant on the back of potential U.S. interest rate cuts. Spot gold was trading slightly lower at $2,517.91 per ounce, but it remained up by about 3% for the month of August 2024, signalling strong underlying support. -vtmarkets.com
Currencies steady as markets await U.S. interest rate decisions
Written on August 15, 2026 at 11:13 am, by josephine
The U.S. dollar held near its lowest point in more than a year against a basket of currencies on Wednesday. This stability in the dollar comes as traders await crucial signals from the Federal Reserve on the expected interest rate cuts next month. -vtmarkets.com
Soybean, corn and wheat prices under pressure from supply increase
Written on August 15, 2026 at 11:13 am, by josephine
Soybean prices dipped after reaching a two-week high, while corn and wheat also declined amid ample global supplies and changing weather conditions. Explore what this means for short-term traders. -vtmarkets.com
Oil prices recover as Libya supply issues and demand concerns impact markets
Written on August 15, 2026 at 11:13 am, by josephine
Market participants, and the price action for crude oil, are caught between potential supply disruptions from geopolitical tensions in Libya and the Middle East and concerns over weakening global fuel demand. -vtmarkets.com
S&P 500 retraces as the markets eye Nvidia earnings for AI demand insights
Written on August 15, 2026 at 11:13 am, by josephine
The S&P 500 retraced ahead of the Nvidia earnings report, with investors keen on assessing the strength of the AI-driven tech rally. Corporate news also influenced market sentiment as Nordstrom and Ambarella surged on earnings beats, while PVH and Paramount slipped on weak guidance and acquisition concerns. -vtmarkets.com
Asian shares fall as Nvidia’s earnings disappoint; investors focus on U.S. jobless claims
Written on August 15, 2026 at 11:13 am, by josephine
Key points: Asian shares declined on Thursday, tracking Wall Street futures lower, as Nvidia’s earnings report did not meet the lofty expectations of bullish investors. Although Nvidia’s third-quarter revenue forecast of $32.5 billion exceeded Wall Street estimates, it fell short of the high bar set by those who had fuelled a 180% rally in its Continue Reading
Oil prices surge as Middle East tensions rise and U.S. rate cut prospects increase
Written on August 15, 2026 at 11:12 am, by josephine
Oil prices continued to climb on Monday as escalating tensions in the Middle East sparked fears of disruptions in regional oil supplies. The conflict, centered on Gaza, saw an escalation over the weekend as Hezbollah launched hundreds of rockets and drones into Israel-vtmarkets.com
Japan’s Nikkei falls after Wall Street’s tech stocks drop
Written on August 15, 2026 at 11:12 am, by josephine
Japan’s Nikkei index edged down 0.5% in early trading on Tuesday, hitting 37,936.68 by 0009 GMT. This decline mirrors the losses seen on Wall Street, where technology stocks led the way downward. The broader Topix index also experienced a 0.2% drop, reflecting the cautious mood in the market. -vtmarkets.com
Aussie rally pauses before key inflation data release
Written on August 15, 2026 at 11:12 am, by josephine
The Australian dollar took a breather on Tuesday, holding steady at $0.6773 after retreating from its 2024 high of $0.6798. This pause comes as traders await the release of July’s domestic inflation data, which is expected to have a notable impact on the currency’s direction. -vtmarkets.com
EURUSD hits a new high for the first time in 2024
Written on August 15, 2026 at 11:12 am, by josephine
The euro hits a new high for 2024 as the U.S. dollar falters following dovish remarks from the Federal Reserve. Explore the implications for forex traders and the market outlook. -vtmarkets.com
