Market News
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Australian Dollar remains resilient near two-month high ahead of Fed Minutes
AUD/USD edges higher on Tuesday and trades around 0.7115 at the time of writing, up 0.1% on the day.
Canadian Dollar: Further gains eye 1.35–1.37 against US Dollar - Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret report USD/CAD trading near equilibrium around 1.3870, with Canadian Dollar (CAD) fundamentals supported by narrower front-end spreads and firm crude prices. They see investors relatively unconcerned by looming US tariff deadlines.
United States Pending Home Sales (YoY) fell from previous -0.3% to -2.2% in July
United States Pending Home Sales (YoY) fell from previous -0.3% to -2.2% in July
United States Pending Home Sales (MoM) came in at -2.3%, below expectations (0.3%) in July
United States Pending Home Sales (MoM) came in at -2.3%, below expectations (0.3%) in July
WTI Oil Price Forecast: Weak trend strength keeps WTI below 100-day SMA
West Texas Intermediate (WTI) holds firm on Tuesday after jumping 3% the previous day. The lack of progress toward reopening the Strait of Hormuz keeps a geopolitical risk premium in energy markets.
Gold: Price holds despite higher yields – Commerzbank
Commerzbank’s Carsten Fritsch notes that Gold remains around USD 4,400 per ounce even as US Treasury yields rise back toward late-July levels, decoupling from real interest rates.
Gold expected to trade range-bound despite increasing bets of a Fed rate pause
Gold prices continue to draw support from expectations that the Federal Reserve (Fed) will hold interest rates steady through the remainder of the year after softer US inflation and employment data.Â
Euro consolidates below two-month high as US Dollar steadies
EUR/USD consolidates losses on Tuesday after pulling back from a two-month high of 1.1614 reached the previous day.
United States Capacity Utilization meets forecasts (76.3%) in July
United States Capacity Utilization meets forecasts (76.3%) in July
United States Industrial Production (MoM) below forecasts (0.3%) in July: Actual (0.2%)
United States Industrial Production (MoM) below forecasts (0.3%) in July: Actual (0.2%)
Copper: Tariff distortions unwind, prices seen lower – TD Securities
TD Securities analysts describe Copper’s current strength as driven by speculative positioning, tariff-related arbitrage and supply disruption headlines rather than genuine global shortage.
New Zealand Dollar: Market overpricing RBNZ hikes – BNY
BNY’s Geoff Yu highlights that foreign holdings of New Zealand government bonds rose to 58.9% in July 2026, while NZD/USD trades slightly above its 12‑month average.
United States Redbook Index (YoY) fell from previous 8.3% to 7.6% in August 14
United States Redbook Index (YoY) fell from previous 8.3% to 7.6% in August 14

