Monthly Archives: August 2026
Stocks edge up, bond yields dip; inflation data ahead
Written on August 15, 2026 at 10:44 am, by josephine
Key points: Global stock indexes edged higher on Thursday, while U.S. Treasury yields dipped slightly after a series of U.S. economic reports suggested slowing momentum. Traders are eagerly awaiting Friday’s U.S. personal consumption expenditures (PCE) data, the Federal Reserve’s preferred inflation measure, which could clarify the U.S. interest rate outlook. Mixed job market signals influence Continue Reading
US dollar bullish in anticipation of the PCE inflation data release
Written on August 15, 2026 at 10:43 am, by josephine
Key points: The US dollar index (Symbol: USDX) is trading in a bullish momentum after two consecutive days of gains lifted its valuation. Broadly, the US dollar was off to a strong start this week as markets ramped up momentum across the board in anticipation of the upcoming personal consumption expenditures index (PCE), which will Continue Reading
China’s yuan hits 7-month low due to weak PBOC guidance
Written on August 15, 2026 at 10:43 am, by josephine
Key points: China’s yuan eased to a fresh seven-month low against the dollar on Tuesday, signaling its sixth consecutive monthly decline as the central bank, the People’s Bank of China (PBOC), continued to set weaker official fixings. Despite the dollar’s overnight retreat, the yuan remained close to the lower end of its daily trading band, Continue Reading
Aussie rallies on inflation surprise and rate hike speculations
Written on August 15, 2026 at 10:43 am, by josephine
Key points The Australian dollar surged higher on Wednesday after data revealed that inflation accelerated much more than expected in May. This development impacted bonds as investors priced in a greater risk of another increase in interest rates. Inflation surges to 4.0% in MayThe monthly consumer price (CPI) report showed annual inflation rose to 4.0% Continue Reading
Silver shines bright as the best-performing commodity of 2024
Written on August 15, 2026 at 10:43 am, by josephine
Silver prices (Symbol: XAGUSD) have been on an upward trajectory in 2024 with 21% year-to-date, making it one of the best-performing commodities this year. Silver has outperformed its metallic counterparts, gold and copper, as well as the S&P 500 index. The image above shows the how silver has ralled in 2024, as observed on Continue Reading
Dow Jones outperforms as tech stocks slump alongside broad market selloff
Written on August 15, 2026 at 10:43 am, by josephine
Key Points: The Dow Jones Industrial Average (Symbol: DJ30) showcased a robust performance, defying the broader market trend where technology stocks led a significant selloff. This divergence highlights a notable rotation from tech-heavy sectors to more stable consumer businesses, including energy and banking. The image above shows the performance of the Dow Jones Industrial Average, Continue Reading
Week ahead: Updated inflation data expected to influence policy
Written on August 15, 2026 at 10:42 am, by josephine
This week, market participants will have their eyes on key economic indicators from Australia, the US, and China, as these data points are expected to provide deeper insights into inflation trends and economic health. Australia to release CPI for June Australia’s Monthly Consumer Price Index (CPI) release on 26 June is expected to be noteworthy. Continue Reading
Chinese renminbi loses strength in the face of a strong US dollar
Written on August 15, 2026 at 10:42 am, by josephine
With a strong US dollar in the backdrop, the USDCNH currency pair is seeking to break above 7.30, despite efforts from the PBOC to counterbalance the US dollar.
Wheat prices fall to lowest level since April due to increased supply, strong dollar
Written on August 15, 2026 at 10:42 am, by josephine
Key points: Chicago wheat futures experienced a dip to their lowest point since April, driven by a stronger U.S. dollar and an improved supply outlook. As harvests ramp up across the United States and other key regions, fresh grain supplies are entering the market, contributing to the price decline. Corn futures also fell slightly, while Continue Reading
Gold prices edge lower in anticipation of key US inflation data
Written on August 15, 2026 at 10:42 am, by josephine
Key points: Gold prices (Symbol: XAUUSD) edged lower on Tuesday, with the markets anticipating key US inflation data, namely the personal consumption expenditures index (PCE). The PCE announcement on Friday could shed light on the stance of the Federal Reserve on interest rate cuts. Gold prices declined to $2,324.69 per ounce, driven by a surge in the Continue Reading
