Monthly Archives: August 2026
Copper prices still on the lows with weak demand in China
Written on August 15, 2026 at 10:46 am, by josephine
Key Points: In the early Asian session, copper (Symbol: Copper-C) prices consolidate at lows with slight uptick in smaller timeframes. While production remains high in China, demand is still weak. The official manufacturing PMI for China in June suggested a contraction in activity, which further dampened copper demand. Picture: Copper prices remain suppressed, as Continue Reading
Wheat poised for largest monthly decline in 2 years due to harvest pressure
Written on August 15, 2026 at 10:45 am, by josephine
Key points: The most active wheat contract on the Chicago Board of Trade (CBOT) held steady at $5.79-1/2 a bushel as of 0034 GMT. Corn rose by 0.2% to $4.23-1/4 a bushel, and soybeans increased by 0.2% to $11.07-1/4 a bushel. Wheat prices have fallen close to 15% in June, marking the most significant decline Continue Reading
Q4 revenue of Nike falls following decrease in North American footwear sales
Written on August 15, 2026 at 10:45 am, by josephine
Key points: The latest financial results of Nike (Symbol: NKE) revealed a challenging quarter marked by a decline in revenue and significant drops in sales within its key North American footwear market. The stock price fell 5.5% in post-market trading, reaching $89.00 per share, and has declined 14% since the beginning of the year. This Continue Reading
Gold holds steady as slowing inflation bolsters expectations of Fed rate cuts
Written on August 15, 2026 at 10:45 am, by josephine
Key points Gold prices held steady on Monday after data showed U.S. inflation subsided, bolstering hopes that the Federal Reserve will start cutting interest rates this year. Picture: Gold on the rise, trading at 2325.10 as seen on the VT Markets app. Spot gold rose 0.1% to $2,327.12 per ounce, as of 0202 GMT. Prices Continue Reading
US dollar slips as inflation data points to rate cuts
Written on August 15, 2026 at 10:45 am, by josephine
Key points: This article is a follow up to: US dollar bullish in anticipation of the PCE inflation data release The US dollar index (Symbol: USDX) fell slightly after the latest inflation data suggested a decline in price pressures, reinforcing expectations that the Federal Reserve may start cutting interest rates this year. The personal consumption Continue Reading
Japanese authorities signal potential intervention in the face of weak yen
Written on August 15, 2026 at 10:45 am, by josephine
The US dollar dipped after inflation data signaled potential Fed rate cuts. Key economic reports next week, including nonfarm payrolls, will guide market expectations.
Nvidia boosts stock gains; Dollar edges higher against yen
Written on August 15, 2026 at 10:44 am, by josephine
Key points Global stock indexes mostly climbed on Tuesday, with shares of AI chipmaker Nvidia bouncing after a three-day sell-off, while the dollar gained slightly against the Japanese yen. Nvidia’s stock (NVDA) ended up 6.8%. The Nasdaq jumped more than 1%, also ending a three-day losing streak, while the S&P 500 technology (S5INFT) and communication Continue Reading
Japanese yen nears 38-year low as markets eye intervention and US inflation data
Written on August 15, 2026 at 10:44 am, by josephine
Key points: This article is a follow-up to: JPY plummets with silence on rate hike timeline from the BoJ The Japanese yen remained near a 38-year low against the US dollar, trading just below 160.88, its weakest level since 1986. The decline of the Japanese yen, about 12% for the year, highlights the widening interest Continue Reading
Oil prices fall with US inventory increase
Written on August 15, 2026 at 10:44 am, by josephine
WTI and Brent crude oil prices fall due to unexpected rise in US inventories and market caution ahead of the US PCE data. Geopolitical tensions add to supply concerns.
Mexican peso nears 15-month low following economic data and political uncertainty
Written on August 15, 2026 at 10:44 am, by josephine
Key points: The Mexican peso weakened to 18.4 per USD, approaching its fifteen-month low of 18.75. Markets are reacting to the latest rate decision by Banxico and recent economic data. The central bank, Banxico, maintained its interest rate at 11% during its June meeting, aligning with market expectations and underscoring its commitment to controlling inflation, Continue Reading
