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Monthly Archives: August 2026

Portugal’s jobless rate drops to 5.3%, fuelling euro strength and narrowing bond spreads

Written on August 5, 2026 at 12:21 pm, by

Portugal’s unemployment rate dropped to 5.3% in Q2, tightening labor markets and boosting euro expectations.

Denmark’s Nationalbanken Holds Off Krone Purchases, Keeping EUR/DKK Anchored as Rate Gap Persists

Written on August 5, 2026 at 11:51 am, by

Denmark’s central bank skipped July krone intervention after June purchase, leaving EUR/DKK stable near 7.4600.

GBP/USD Rises as Dollar Softens, Oil Slides and Traders Await US Payrolls

Written on August 5, 2026 at 11:21 am, by

GBP/USD edges up near 1.3450 as softer dollar, lower oil, and Fed bets support pound.

UK Composite PMI edges higher in July, signalling continued private-sector expansion

Written on August 5, 2026 at 10:50 am, by

UK S&P Global Composite PMI rose to 52.2 in July, slightly beating forecasts, signaling ongoing private-sector expansion.

UK Services PMI Beats Forecasts, Supporting Sterling and Higher-for-longer BoE Rate Expectations

Written on August 5, 2026 at 10:21 am, by

UK Services PMI rose to 52.1 in July, beating forecasts, supporting GBP, higher rates, and derivative shifts.

Toyota Records Fifth Consecutive Quarterly Profit Decline Despite Higher Forecast

Written on August 5, 2026 at 10:05 am, by

Toyota raises its annual profit forecast despite weaker quarterly results as investors assess costs, currency moves, and EV competition.

Central Banks Are Buying Gold. Investors Are Selling. Who Is Right?

Written on August 5, 2026 at 10:00 am, by

Central banks are accumulating gold while ETF investors continue selling. Discover why these macro market participants diverge and what it means for XAU/USD traders.

AMD Stock Falls After Earnings as AI Expectations Rise

Written on August 5, 2026 at 9:55 am, by

Key Points Advanced Micro Devices Inc (AMD) shares reversed lower after its Q2 2026 earnings report, despite delivering record financial results and a stronger-than-expected outlook. AMD shares climbed 7% during Tuesday’s regular trading session, closing at $518.58, as investors reacted positively to strong AI and data centre demand. However, the stock fell nearly 9% in Continue Reading

SpaceX Stock Swings as Strong Earnings Clash with AI Spending Concerns

Written on August 5, 2026 at 9:50 am, by

SpaceX shares reverse lower after a strong earnings debut as investors weigh growth prospects, AI spending risks and upcoming volatility catalysts.

Global equities climb to records on lower oil, easing inflation and renewed AI spending confidence

Written on August 5, 2026 at 9:21 am, by

Global equities hit record highs as oil fell, inflation eased, and AI-driven tech and semiconductors surged.

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