Monthly Archives: August 2026
Japan banks lead Nikkei higher following BOJ rate hike
Written on August 15, 2026 at 11:00 am, by josephine
Key points: Japan’s Nikkei share average rose on Wednesday, buoyed by banking stocks after the Bank of Japan (BOJ) raised interest rates for the second time since 2007. The Nikkei index was up 0.25% at 38,620.85 as of 0421 GMT, reversing earlier losses. The broader Topix index also turned positive, trading 0.37% higher. See: Nikkei225 Continue Reading
Apple reaches historic union labour agreement with retail workers
Written on August 15, 2026 at 10:59 am, by josephine
Apple (Symbol: AAPL) has entered into a historic preliminary labour agreement with its retail workers in Towson, Maryland. This is the first time that the tech giant has reached such a deal in the United States, marking a significant milestone in labour relations for the company.
Meme stock AMC drops on disappointing Q2 guidance and industry challenges
Written on August 15, 2026 at 10:59 am, by josephine
AMC stock (AMC) fell 7.7% after issuing disappointing guidance for the second quarter of 2024. The company anticipates a net loss of $32.8 million, translating to a loss of 10 cents per share.
Rupee likely to stay near record lows due to high dollar demand
Written on August 15, 2026 at 10:59 am, by josephine
The Indian rupee faces renewed pressure this week, with traders expecting it to stay near its record low against the U.S. dollar. The rupee closed last week at 83.7275, its weakest level ever, and non-deliverable forwards suggest it will open around 83.71-83.72 per dollar on Monday.
Yen dips as Nikkei rises, central bank meetings near
Written on August 15, 2026 at 10:59 am, by josephine
Key points: On Monday, the yen ticked lower, easing to 154.24 yen against the dollar early in the Asian trading day, a 0.29% rise for the dollar after the yen’s recent surge to 151.945, its strongest in 12 weeks. This shift comes after the yen’s remarkable performance last week, where it gained 2.36% against the Continue Reading
Oil prices dip on China demand concerns and eased Middle East tensions
Written on August 15, 2026 at 10:59 am, by josephine
Oil prices fall as weak Chinese demand and reduced Middle East conflict concerns pressured the price of the black gold. Read more for the market outlook and forecast.
Yen climbs as investors pull back from risky trades
Written on August 15, 2026 at 10:58 am, by josephine
Key points On Thursday, the yen experienced a rise, drawing support from the unwinding of carry trades ahead of the Bank of Japan’s (BOJ) policy meeting next week. This comes as a rotation out of megacap growth stocks dampened risk appetite broadly, providing safe haven bids for the Japanese currency. Yen surges amid BOJ rate Continue Reading
US GDP growth boosts crude oil demand despite Asian challenges
Written on August 15, 2026 at 10:58 am, by josephine
Brent crude futures for September increased by 7 cents, reaching $82.44 per barrel as of 0014 GMT. Similarly, US West Texas Intermediate (WTI) crude for September rose by 4 cents, hitting $78.32 per barrel.
Yen poised for best weekly gain in three months as carry trades unravel
Written on August 15, 2026 at 10:58 am, by josephine
The yen (USDJPY) dominated currency markets this month, climbing to a near three-month high of 151.945 per dollar on Thursday. This is a major shift from its 38-year low of 161.96 per dollar at the start of the month. By Friday, the yen was at 153.66, set for a 2.5% rise for the week.
Canadian dollar dips in anticipation of key economic data releases
Written on August 15, 2026 at 10:58 am, by josephine
CAD weakens against USD as the markets await the May manufacturing and wholesale sales data of Canada. Read more for forecasts and the market implications.
