Monthly Archives: August 2026
Oil prices finding a balance between slowing demand and tightening supply
Written on August 15, 2026 at 10:53 am, by josephine
Key Points: Oil prices remained steady reflecting a balance between declining demand growth and tightening supply. Global benchmark Brent crude oil (Symbol: UKOUSD) dropped slightly to $83.62 a barrel. Similarly, US West Texas Intermediate (WTI) crude (Symbol: USOUSD) also fell to $80.65 a barrel. Picture: Oil prices steady as market faces conflicting influences, as observed Continue Reading
Gold slips as dollar strengthens; investors await Fed rate signals
Written on August 15, 2026 at 10:52 am, by josephine
Spot gold prices decreased by 0.2% to $2,407.29 per ounce as of 0049 GMT. Concurrently, U.S. gold futures saw a 0.4% decline to $2,411.20. Learn how the firming dollar, spurred by political uncertainties and an attack on U.S. presidential candidate Donald Trump, made gold more expensive for buyers holding other currencies.
Nasdaq and tech stocks plunge as inflation data spurs sell-off
Written on August 15, 2026 at 10:52 am, by josephine
Tech stocks tumbled, leading the Nasdaq Composite to drop 2% as easing inflation data spurred a sell-off. Tech giants lost over $600 billion valuation.
US Dollar retreats on cooling inflation data, Euro and Pound surge
Written on August 15, 2026 at 10:52 am, by josephine
US dollar retreats as cooling inflation fuels rate cut speculation. Euro and pound surge while volatility spikes for yen. More about the market implications and forecasts.
Asian currencies face challenges as markets react to Trump attack fallout
Written on August 15, 2026 at 10:52 am, by josephine
The dollar index (DXY) last traded at 104.210 against a basket of major currencies. Despite the holiday in Japan halting cash U.S. Treasuries trading, the 10-year Treasury futures trended lower.
Google eyes $23 billion acquisition of cybersecurity firm Wiz
Written on August 15, 2026 at 10:52 am, by josephine
Key Points: Google (Symbol: GOOG) is reportedly in discussions to acquire cybersecurity firm Wiz for $23 billion. This acquisition, if completed, will mark the largest ever purchase of Google, surpassing its $12.5 billion acquisition of Motorola Mobility in 2012. The deal highlights a strategic push from Google to enhance its cloud computing and cybersecurity offerings, Continue Reading
Wheat, corn, and soybeans steady after US crop conditions improve
Written on August 15, 2026 at 10:51 am, by josephine
Key points Chicago wheat, corn, and soybean futures showed a slight rise early on Thursday, stabilising after recent losses. This shift comes as the market digests favourable U.S. crop conditions, hinting at a balanced outlook for these key agricultural commodities. Wheat and corn recover slightly on better crop prospects See: Wheat shows slight recovery, trading Continue Reading
Aussie hits six-month high, kiwi drops on U.S. rate cut speculation
Written on August 15, 2026 at 10:51 am, by josephine
Key points: The Australian dollar held near six-month peaks on Friday, driven by market speculation around potential U.S. rate cuts. In contrast, the New Zealand dollar experienced significant declines due to expectations of steeper cuts domestically. Aussie gains, Kiwi struggles See: Aussie on the rise as seen on the VT Markets app. The Aussie stood Continue Reading
USDSGD rises as US political uncertainty and election speculations heat up
Written on August 15, 2026 at 10:51 am, by josephine
USDSGD edges higher as speculation about Donald Trump’s potential election victory boosts the US dollar. Learn how political developments are impacting the market.
Yen fluctuates with intervention talks; Asian shares on track for weekly gain
Written on August 15, 2026 at 10:51 am, by josephine
The yen experienced significant swings on Friday, reflecting investor nervousness after Tokyo likely intervened to support the Japanese currency following a cooler-than-expected U.S. inflation report. Learn what to expect for the Yen in coming weeks.
