Posted at 14 August 2026 / Categories Market Roundups
Market Roundup
•00:50 Japan Foreign Bonds Buying 1,629.4B, 477.9B previous
•00:50 Japan Foreign Investments in Japanese Stocks -368.5B, -392.5B previous
•02:30 Australia Home Loans (MoM) (Q2) -1.9%, -3.5% previous
Looking Ahead Events And Other Releases (GMT)
• 10:00 EU GDP (YoY) (Q2)1.0% forecast,0.3% previous
•10:00 EU Trade Balance (Jun) -2.2B forecast,-7.8B previous
•10:00 EU GDP (QoQ) (Q2) 0.4% forecast , -0.2% previous
•10:00 EU Employment Overall (Q2) 1,76,308.0K previous
•10:00 EU Employment Change (QoQ) (Q2) 0.1% forecast, 0.1% previous
•10:00 EU Employment Change (YoY) (Q2) 0.5% previous
•11:00 EU Reserve Assets Total (Jul) 1,755.45B previous
Looking Ahead Events And Other Releases (GMT)
• No Events Ahead
Currency Forecast
EUR/USD : The euro strengthened against dollar on Friday as investors pared back their bets on a U.S. rate hike.U.S. producer price data, which was unchanged in July, reduced expectations for a Federal Reserve rate hike next month, helping tech stocks power the S&P 500 to an intraday record high.The data followed Wednesday's consumer price report, which showed U.S. prices rose 3.4% in the 12 months through July, in line with economists' expectations.Traders scaled back their bets on a September rate hike, pricing in a 65% probability of the Fed staying on hold next month versus 50% on Wednesday.. Immediate resistance can be seen at 1.1574(38.2%fib), an upside break can trigger rise towards 1.1625(June 17th high).On the downside, immediate support is seen at 1.1525(50%fib), a break below could take the pair towards 1.1477(50%fib).
GBP/USD: The British pound gained slightly against the U.S. dollar on Wednesday as receding Fed hike bets undermine the greenback . Data released on Thursday pointed to ?unchanged U.S. producer prices ?in July. It ?further supported dialling back bets on a Federal Reserve September hike, now seen as a roughly 35% chance . Washington and Tehran traded accusations on Thursday over a deal to reopen the strategically vital Strait of Hormuz, with the United States saying Iran had failed to meet its obligations and Iran countering that Washington had not delivered on ending a blockade of Iranian ports.Immediate resistance can be seen at 1.3538(38.2%fib), an upside break can trigger rise towards 1.3612(Higher BB).On the downside, immediate support is seen at 1.3503(Daily low), a break below could take the pair towards1.3422(50%fib).
AUD/USD: The Australian dollar edged higher against dollar as softer U.S. economic data pressured the U.S. dollar, providing modest support to the Australian dollar.U.S. July PPI rose 4.7% year-on-year, below the 4.9% market forecast, while initial jobless claims came in at 209k versus expectations of 202k. The data pointed to somewhat softer inflation and labor-market conditions, weighing on the dollar. Meanwhile, the U.S.-Iran standoff over the Strait of Hormuz remains unresolved, with no clear breakthrough in sight. Continued geopolitical uncertainty could keep volatility elevated across commodity currencies, including the Australian dollar .Investors are now awaiting U.S. July retail sales on Friday, with the Reuters consensus pointing to a modest 0.1% month-on-month increase.. Immediate resistance can be seen at 0.7094(Daily high), an upside break can trigger rise towards 0.7104(38.2%fib).On the downside, immediate support is seen at 0.7006 (SMA 20), a break below could take the pair towards 0.6975(50%fib).
USD/JPY: The U.S. dollar dipped on Friday traders to wager another round of official buying would be needed to stem the rot. Japan could conduct further joint yen intervention “at any time” and signal faster-than-expected rate hikes to curb yen weakness, former top currency diplomat Mitsuhiro Furusawa told Reuters. Markets are already pricing earlier and further BoJ rate hikes after U.S. Treasury Secretary Scott Bessent urged Japan to back currency intervention with stronger policies and fundamentals. The yen has given back about half of its gains from late-July and early-August intervention, weakening around 1% this week to 159.43 per dollar. It was near 164 before the intervention, with traders viewing 160 as a potential trigger for fresh official action. Immediate resistance can be seen at 158.82 (Aug 10th high), an upside break can trigger rise towards 159.49(50%fib).On the downside, immediate support is seen at 157.50(38.2%fib) a break below could take the pair towards 157.00 (Psychological level).
Equities Recap
Asian stocks rose on Friday, poised for their strongest week in two months as benign inflation data dented expectations ?of an imminent U.S. rate hike, although faltering talks to end the war in the Middle East are likely to keep risk sentiment in check.
Japan’s Nikkei 225 was up by 0.62 % , KOSPI was up at 2.42%, China A50 was down at 0.26%
Commodities Recap
Gold prices slipped on Friday and were set for a weekly loss as investors took profits after softer U.S. inflation lifted bullion to a more than two-month high and reduced expectations for a near-term Fed rate hike.
Spot gold ?was down 0.6% at $4,324.39 per ounce, as of 0538 GMT. While U.S. gold ?futures for December delivery slid nearly 1% to $4,379.20.
Oil prices edged higher on Friday as the U.S. threat of an indefinite naval blockade of Iran revived supply concerns, following a sharp drop in the previous session amid weaker demand expectations and rising U.S. inventories.
Brent futures rose 1 cent, or 0.1%, to $87.08 a barrel by 0247 GMT, while U.S. West Texas Intermediate (WTI) crude futures rose 6 cents to $81.31 a barrel.