Posted at 27 August 2026 / Categories Market Roundups
Market Roundup
•EU Loans to Non Financial Corporations (Jul) 4.4%, 4.0% previous
•EU M3 Money Supply (YoY) (Jul) 3.4%, 3.5% forecast, 3.3% previous
•EU M3 Money Supply (Jul) 17,614.0B, 17,610.9B previous
•EU Private Sector Loans (YoY) (Jul) 3.1%, 2.9% forecast, 3.0% previous
• US Initial Jobless Claims 203K, 208K forecast, 207K previous
• US Retail Inventories Ex Auto (Jul) 0.7%, 0.7% forecast, -0.5% previous
• US Goods Trade Balance (Jul) -118.80B, -100.80B forecast, -101.41B previous
• US Continuing Jobless Claims 1,778K, 1,790K forecast, 1,796K previous
• US Jobless Claims 4-Week Avg. 205.50K, 204.25K previous
• US Wholesale Inventories (MoM) (Jul) 1.3%, 0.2% forecast, 0.2% previous
• Canada Current Account (Q2) 8.8B, 3.5B forecast, -8.3B previous
• Canada Average Weekly Earnings (YoY) (Jun) 3.40%, 3.33% previous
Looking Ahead Events And Other Releases (GMT)
•14:30 US Natural Gas Storage 19B forecast, 16B previous
•15:00 US KC Fed Composite Index (Aug) 9 previous
•15:00 US KC Fed Manufacturing Index (Aug) 17 previous
•15:00 US 4-Week Bill Auction 3.640% previous
•15:00 US 8-Week Bill Auction 3.655% previous
•15:00 US 2-Year Note Auction 4.315% previous
Looking Ahead Events And Other Releases (GMT)
• No Events Ahead
Currency Forecast
EUR/USD : The euro edged higher on Thursday as investors awaited signals on the Federal Reserve's policy path at the Jackson Hole symposium.Data in the previous session showed inflation rose more than expected in July, aiding expectations that interest rates could stay restrictive through the end of this year. Another report reiterated that the economy grew 1.5% in the second quarter. Traders are pricing in no change to borrowing costs in September but see a 74% chance that the Fed will hike interest rates by at least 25 basis points by December as Middle East tensions keep oil prices elevated. Immediate resistance can be seen at 1.1680(38.2%fib), an upside break can trigger rise towards 1.1734(Higher BB).On the downside, immediate support is seen at 1.1656(Daily low), a break below could take the pair towards 1.1585(38.2%fib).
GBP/USD: Sterling eased to a one-week low against the dollar as investors pared expectations for an interest rate hike by the Bank of England this year and shifted their focus to the annual symposium on monetary policy at Jackson Hole in the U.S. Later on Thursday the focus will turn to the start of the Jackson Hole economic symposium in the U.S., where markets will scrutinize Federal Reserve Chairman Kevin Warsh's remarks on Friday for any hints on monetary policy outlook. Attention next week will shift to parliament resuming session and markets will look for clues on how the Andy Burnham administration is likely to fund some ambitious policies, ahead of the October budget. The British pound dipped 0.1% to $1.3578 on Thursday, retreating from last week's six-month high. Immediate resistance can be seen at 1.3685(23.6%fib), an upside break can trigger rise towards 1.3716(Higher BB).On the downside, immediate support is seen at 1.3624(Daily low), a break below could take the pair towards1.3531(38.2%fib).
AUD/USD: The Australian dollar strengthened on Thursday as expectations of another Reserve Bank of Australia (RBA) rate hike in September supported the currency. Australia’s household spending rose 1.1% in July, data showed, indicating that consumer demand remained resilient despite elevated borrowing costs. The increase followed a hotter-than-expected inflation report on Wednesday, which pushed swap markets to price a 53% chance of an RBA rate hike next month. Strong household spending, combined with persistent inflationary pressures, has strengthened expectations that the RBA may need to tighten monetary policy again. Immediate resistance can be seen at 0.7178(Higher BB), an upside break can trigger rise towards 0.7201(23.6%fib).On the downside, immediate support is seen at 0.7093 (38.2%fib), a break below could take the pair towards 07054(SMA 20)
USD/JPY: The U.S. dollar was little changed against the yen on Thursday after Bank of Japan Deputy Governor Ryozo Himino left the door open to a rate hike next month but stopped short of providing a clear signal. Himino stressed the need for timely policy tightening, highlighting the risk of inflation overshooting the BOJ’s 2% target and reinforcing expectations for further rate increases. However, he offered no firm guidance on the timing of a possible September hike or the pace of future tightening. He identified rising fuel costs linked to the Middle East conflict, strong global demand for AI-related products and higher import prices stemming from the weak yen as key inflation risks. His comments were closely watched for clues on the timing and pace of the BOJ’s next policy move. Immediate resistance can be seen at 159.21(SMA 20), an upside break can trigger rise towards 160.00(Psychological level).On the downside, immediate support is seen at 158.60(Daily low) a break below could take the pair towards 156.16 (Daily low).
Equities Recap
European shares dipped on Thursday amid broader economic worries that offset optimism from U.S. chip giant Nvidia’s strong earnings forecast.
UK's benchmark FTSE 100 was down by 0.58 percent, Germany's Dax was up by 0.13 percent, France’s CAC was down by 1.49 percent.
Commodities Recap
Gold prices held steady on Thursday as investors awaited potential fresh policy signals from Federal Reserve Chair Kevin Warsh at the annual Jackson Hole symposium on Friday.
Spot gold was little changed at $4,590.21 per ounce by 1107 GMT, after settling 1.4% lower on Wednesday in its biggest one-day ?decline in a week. U.S. gold futures fell 0.2% to $4,643.20.
Oil prices rose on Thursday after earlier losses, as traders balanced signs of diplomatic progress involving Iran against persistent risks to oil supplies from the Middle East.
Brent crude futures were up 71 cents, or 0.81%, at$88.55 a barrel at 1128 GMT. West Texas Intermediate crude futures gained 28 cents, or 0.34%, to $82.51.