About: josephine
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Gold poised for monthly gain as market focuses on U.S. data
Gold prices (Symbol: XAUUSD) are showing resilience, poised to log their second consecutive monthly gain as market sentiment remains buoyant on the back of potential U.S. interest rate cuts. Spot gold was trading slightly lower at $2,517.91 per ounce, but it remained up by about 3% for the month of August 2024, signalling strong underlying support. -vtmarkets.com
Written on August 15, 2026 at 11:14 am
Categories: Today's Analysis
Currencies steady as markets await U.S. interest rate decisions
The U.S. dollar held near its lowest point in more than a year against a basket of currencies on Wednesday. This stability in the dollar comes as traders await crucial signals from the Federal Reserve on the expected interest rate cuts next month. -vtmarkets.com
Written on August 15, 2026 at 11:13 am
Categories: Today's Analysis
Soybean, corn and wheat prices under pressure from supply increase
Soybean prices dipped after reaching a two-week high, while corn and wheat also declined amid ample global supplies and changing weather conditions. Explore what this means for short-term traders. -vtmarkets.com
Written on August 15, 2026 at 11:13 am
Categories: Today's Analysis
Oil prices recover as Libya supply issues and demand concerns impact markets
Market participants, and the price action for crude oil, are caught between potential supply disruptions from geopolitical tensions in Libya and the Middle East and concerns over weakening global fuel demand. -vtmarkets.com
Written on August 15, 2026 at 11:13 am
Categories: Today's Analysis
S&P 500 retraces as the markets eye Nvidia earnings for AI demand insights
The S&P 500 retraced ahead of the Nvidia earnings report, with investors keen on assessing the strength of the AI-driven tech rally. Corporate news also influenced market sentiment as Nordstrom and Ambarella surged on earnings beats, while PVH and Paramount slipped on weak guidance and acquisition concerns. -vtmarkets.com
Written on August 15, 2026 at 11:13 am
Categories: Today's Analysis
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