Monthly Archives: August 2026
Oil prices decline with geopolitical risks easing and China demand weakening
Written on August 15, 2026 at 11:09 am, by josephine
Oil prices fall alongside easing Middle East tensions and weaker demand from China. Geopolitical developments and U.S. inventory data remain key drivers.
Soybeans fall as U.S. output hits record; ProFarmer tour in focus
Written on August 15, 2026 at 11:08 am, by josephine
Soybean futures on the Chicago Board of Trade (CBOT) experienced further declines on Friday, extending a trend that has seen the market endure three consecutive weeks of losses.
Dollar strength shows improved U.S. economic sentiment
Written on August 15, 2026 at 11:08 am, by josephine
The U.S. dollar continued to demonstrate resilience after a string of positive economic data reinforced confidence in the U.S. economy, calming earlier recession anxieties.
U.S. dollar steady as markets await FOMC minutes and Powell’s remarks
Written on August 15, 2026 at 11:08 am, by josephine
The U.S. dollar struggled to gain momentum on Monday, trading within a tight range against its major peers. Investors are holding their breath as they await key events later this week that could offer new insights into the future path of U.S. interest rates.
Chinese yuan edges higher as the US dollar softens ahead of rate cut anticipation
Written on August 15, 2026 at 11:08 am, by josephine
The Chinese yuan advanced on Monday, supported by a weakening U.S. dollar as the markets anticipate upcoming Federal Reserve rate cuts. However, weak Chinese economic data may limit further gains.
New Zealand dollar extends rebound on Fed rate cut expectations
Written on August 15, 2026 at 11:08 am, by josephine
The New Zealand dollar continued its recovery, as markets anticipate upcoming Federal Reserve rate cuts. Focus shifts to the FOMC Minutes and Powell’s speech at Jackson Hole for further guidance.
Australian dollar gets jobs boost, Kiwi feels rate pain
Written on August 15, 2026 at 11:07 am, by josephine
The Australian dollar (AUD) experienced a modest uplift on Thursday, touching $0.6609, following an unexpected surge in employment figures. The 58,200 jobs added in July far surpassed market forecasts of a 20,000 gain, indicating a resilient labour market despite broader economic challenges.
Wheat prices surge as the Russian attack on Ukraine raises supply concerns
Written on August 15, 2026 at 11:07 am, by josephine
Wheat prices surged nearly 2% after Russia’s missile strike on Ukraine’s Odesa port, with further support from lower wheat output in France. Explore market implications and short-term trader insights.
Nikkei rises on strong economic growth and positive U.S. signals
Written on August 15, 2026 at 11:07 am, by josephine
Japan’s Nikkei index showed a strong performance on Thursday, rising by 1% to reach 36,808.75 by midday. This positive movement was largely driven by new data showing that Japan’s economy grew faster than expected in the second quarter, with an annualised growth rate of 3.1%.
Nikkei continues the rally on strong US retail sales data
Written on August 15, 2026 at 11:07 am, by josephine
The Japanese stock market index, Nikkei share average (Symbol: Nikkei225) climbed close to 3%, setting the stage for its best weekly performance in over four years.
