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Thursday, 13 August 2026

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Economy

Gold rises toward $4,070 as falling US yields support Bullion

Gold price registers gains of 0.58% as Washington pauses attacks on Tehran, while US President Donald Trump opened the door for a resumption in negotiations. This, along with falling US Treasury yields, is a tailwind fo…

Euro flat after losing early gains on Monday

EUR/USD trades lower near the 1.1370 area on Monday, surrendering earlier gains as investors remain cautious ahead of key Eurozone growth figures and the Federal Reserve’s (Fed) monetary policy decision.

WTI Oil drops more than 7% as US, Iran pause strikes

West Texas Intermediate (WTI) US Oil extends its decline on Monday, trading around $82.60 per barrel at the time of writing, down 7.4% on the day. Crude Oil opened the week with a sharp bearish gap after the United Stat…

Bank of England: Higher bar seen for rate hikes - ING

ING’s James Smith expects the Bank of England to keep rates on hold on 30 July and sees a prolonged pause extending through 2026. New forecasts are likely to show UK inflation peaking near 3%, below the 4% level seen as…

British Pound tumbles as risk-off mood boosts the US Dollar

The Pound Sterling retreats by 0.13% even though the Greenback is flat during the day. Risk appetite shifted sour on news that a Chinese state-backed company is producing chipmaking machines, prompting a sell-off in ASM…

Federal Reserve: Extended pause but hike risk rising – UOB

UOB strategists expect the Federal Reserve (Fed) to keep the Fed Funds Target Rate at 3.50%–3.75% at the July Federal Open Market Committee (FOMC) meeting and maintain a base case of an extended pause through 2026, with…