Today's Analysis

15

Aug 2026
Gold prices tumble against strong US jobs data and rate cut uncertainty 

Key points:  Gold prices continued to tumble, weighed down by stronger-than-expected US nonfarm payrolls data. The yellow metal saw an observable drop, moving from $2,390 to $2,290 per ounce.   The image above shows the how gold is under pressure, as …

15

Aug 2026
Weaker Chinese yuan (CNY) pressures base metals as high inventories weigh on copper 

Key points:  Base metals experienced declines on Tuesday, driven by a combination of a weaker Chinese yuan (CNY) and high physical inventories. The depreciation of Chinese yuan against the US dollar reaching its lowest in nearly seven months, reduced the …

15

Aug 2026
Dollar remains close to an 8-week low as payroll test approaches

Key points: The dollar hovered close to an eight-week low on Friday, with market participants keenly awaiting the U.S. jobs report. This report is expected to provide important clues on the timing of potential Federal Reserve interest rate cuts. The …

15

Aug 2026
Gold set for first weekly gain in three weeks as US dollar, yields decline

Key points: Gold prices held steady on Friday and were on track for their first weekly gain in three weeks. Traders are betting that the U.S. Federal Reserve will start cutting rates soon, which has sent the dollar and Treasury …

15

Aug 2026
Oil prices dip due to uncertainty on OPEC+ cuts and strengthening of USD 

Key points:  Oil prices nudged lower for the second consecutive session on Monday, pressured by a stronger dollar as expectations for US interest rate cuts were delayed following robust nonfarm payrolls data released on Friday. Brent crude oil futures (Symbol: …

15

Aug 2026
Euro hits one-month low following Macron’s snap French election call

Key points: The Euro experienced a decline, reaching a one-month low, as French President Emmanuel Macron announced a snap legislative election, stirring political uncertainties. Concurrently, the dollar gained strength, buoyed by an unexpectedly strong U.S. jobs report last Friday, which …

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