Monthly Archives: August 2026
Nasdaq 100 hits 7-week lows during tech rout
Written on August 15, 2026 at 10:58 am, by josephine
The Nasdaq composite falls to its lowest level since early June, marking its worst two-day drop since September 2022. Read more to find out about the market implications and outlook.
Japan’s Nikkei hits one-month low with mixed US tech earnings and a yen rally
Written on August 15, 2026 at 10:57 am, by josephine
Japan’s Nikkei share average dropped for a sixth consecutive session on Wednesday, closing at a one-month low of 39,154.85, down 1.11%. This marked its longest losing streak since October 2021. The broader Topix index also slid 1.42% to 2,793.12.
Rupee avoids record low on RBI intervention but expected to weaken
Written on August 15, 2026 at 10:57 am, by josephine
The Indian rupee stayed nearly flat on Wednesday, hovering at 83.69 against the U.S. dollar by 11:00 a.m. IST, barely changed from its previous close at 83.6875. This steadiness came despite the currency nearing a record low of 83.7150 on Tuesday.
Gold falls as investors wait for U.S. economic data
Written on August 15, 2026 at 10:57 am, by josephine
Gold prices fell nearly 1% on Thursday as investors took profits ahead of key U.S. economic data. Spot gold dropped 0.9% to $2,377.29 per ounce by 0217 GMT, while U.S. gold futures declined 1.6% to $2,376.70.
Tesla stock drops as Q2 profits halve
Written on August 15, 2026 at 10:57 am, by josephine
Tesla stock falls following Q2 earnings miss. CEO Elon Musk forecasts a $5 trillion valuation with robotaxis. Read more for market implication.
US dollar gains momentum as euro dips below its weekly peak
Written on August 15, 2026 at 10:57 am, by josephine
Key points: The EURUSD pair moved lower as technical traders took control in a week lacking major economic news. The euro dipped below $1.0850, extending its decline from the $1.09 level. This marks the second consecutive day of negative performance for the pair, which is now down approximately 100 pips from its mid-July peak of Continue Reading
Aussie and kiwi dollars struggle on China rate cuts; dollar drifts
Written on August 15, 2026 at 10:56 am, by josephine
The Australian and New Zealand dollars struggled near multi-week lows on Tuesday following China’s decision to cut several key interest rates. In contrast, the US dollar showed little change as it awaited new economic cues.
Rupee edges higher with Asian peers; India awaits budget
Written on August 15, 2026 at 10:56 am, by josephine
The Indian rupee saw a modest rise on Tuesday, trading at 83.6250 against the U.S. dollar as of 09:30 a.m. IST, up slightly from its previous close of 83.6575.
Nikkei rebounds as chipmakers and shippers lead rally
Written on August 15, 2026 at 10:56 am, by josephine
Japan’s Nikkei 225 index rebounds from a three-week low, driven by gains in chipmakers and shippers. Explore market implications and short-term trading opportunities.
S&P 500 rebounds as tech shares lead market recovery
Written on August 15, 2026 at 10:56 am, by josephine
The S&P 500 rallied with tech shares like Nvidia surging. Biden’s decision not to seek re-election adds volatility. Read more on the latest market trends and forecasts.
