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Tuesday, 11 August 2026

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Economy

Gold rallies as Iran-US deal seems closer ahead of NFP

Gold (XAU/USD) price surges to its highest level in nearly seven weeks, gaining nearly 3.80% on Wednesday as the Greenback loses ground and US Treasury yields fail to gain traction. The XAU/USD pair trades at $4,232, it…

Indian Rupee: RBI stance and inflows support Rupee – BBH

Brown Brothers Harriman’s (BBH) Elias Haddad reports USD/INR is firmer after recently testing a one‑month low, following the Reserve Bank of India’s (RBI) unanimous decision to keep its policy rate at 5.25% and maintain…

U.S. services sector growth edges higher in July - ISM

August 4, 2026, 3:46 AM EDT. LIC shares dropped almost 9% after the government launched an offer for sale (OFS) of up to a 6.5% stake, setting a floor price of Rs 382, representing an 11% discount from the prior closing…

Oil: Geopolitics test supply routes – BNY

BNY’s Geoff Yu reports Oil prices rose after the Houthis claimed a missile strike on a Saudi tanker near Yanbu, highlighting risks to alternative export routes while Strait of Hormuz disruptions persist. He notes Washin…

Artificial Intelligence Consortium minutes – June 2026

Co-chair David Geale welcomed attendees to the AI Consortium’s (AIC) fourth quarterly meeting, held at the FCA’s offices. Co-chair Sarah Breeden noted that the rapid pace of AI development in financial services undersco…

Japanese Yen edges higher after weak US employment data

USD/JPY trades under modest pressure on Wednesday as easing tensions in the Middle East and weaker US labour market data weigh on the US Dollar (USD). At the time of writing, the pair trades around 157.45, down 0.2% on …

USD/JPY: Japan Bought Time, Not Yet a Stronger Yen

The dollar fell as much as 3% against the Japanese yen on Thursday in its biggest single-day drop since late 2022, as currency analysts across three continents pointed to one explanation: Japan's Ministry of Finance had…