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Wednesday, 12 August 2026

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WTI rallies more than 5% as Middle East supply risks deepen

West Texas Intermediate (WTI) crude Oil rallies more than 5% on Thursday as hostilities between the US and Iran deepen supply risks. At the time of writing, WTI trades around $90.50 per barrel, its highest level since J…

Australian Dollar: Jobs strength keeps RBA hike priced – BBH

Brown Brothers Harriman’s (BBH) Elias Haddad notes AUD/USD is consolidating near 0.7000 after strong Australia employment data. Solid June job gains keep Reserve Bank of Australia (RBA) hike expectations alive, with cas…

Euro: ECB seen hiking in September – Commerzbank

Commerzbank’s Antje Praefcke argues the European Central Bank (ECB) can delay action today but will keep a hawkish tone as inflation stays near 3% and core pressures may even rise. She expects the next rate move to 2.50…

Australian Dollar: RBA tone may turn hawkish – Commerzbank

Commerzbank’s Volkmar Baur highlights a strong Australian labor market, with 76,000 jobs added and participation back near historic highs, prompting markets to raise the implied probability of an RBA hike to 30%. Despit…

Why is TotalEnergies stock surging today?

TotalEnergies has introduced its employee share offering program for 2026, according to WorldOil. This initiative is part of the company's ongoing efforts to increase employee ownership among its global workforce.

British Pound: Sterling to hand back gains – ING

ING analysts Chris Turner, Francesco Pesole and James Smith argue Sterling’s summer strength is driven by positioning, carry and possible M&A flows rather than UK fundamentals. They expect UK short-dated rates to drift …