MUMBAI, INDIA, Aug. 28, 2026 (GLOBE NEWSWIRE) — ZEX PR WIRE, a global press release distribution and media outreach platform, today announced its participation in Money Expo India 2026, taking place August 29-30 at the Jio World Convention Centre in Mumbai. The two-day financial industry event will bring together brokers, traders, investors, fintech companies, financial…
What’s happening: In the hours before Fed Chair Warsh’s Jackson Hole keynote, Gold is sitting essentially flat while Silver (+2.01%, above 70) and Platinum (+2.64%) both push higher, compressing the gold-silver ratio further to 65.14. Gold has been the most crowded long across CFTC-tracked positioning in recent weeks, and it’s also the metal most directly…
Key Highlights USD/JPY could attempt a fresh increase if it clears the 159.60 resistance. A bullish trend line is forming with support near 158.90 on the 4-hour chart. WTI Crude oil prices might resume its increase if it stays above $80.00. EUR/USD corrected some gains from 1.1720 before the bulls appeared. USD/JPY Technical Analysis The…
On 26 August, the US Commerce Department released July data on the Personal Consumption Expenditures (PCE) index. Core PCE rose 0.2% month-on-month and 3.3% year-on-year, in line with market expectations. Ellen Zentner, Chief Economic Strategist at Morgan Stanley Wealth Management, noted that the modest upside surprise in inflation was not significant enough to shift the…
Representative image. | Photo Credit: Getty Images/iStockphotos The rupee fell 10 paise to 95.55 against the U.S. dollar in early trade on Friday (August 28, 2026), weighed by FII outflows and sustained disruptions in global crude oil supplies. However, a marginally weaker greenback and a fall in global crude oil prices to levels below $90/barrel…
Switzerland’s KOF Economic Barometer rose from a revised 104.2 to 106.7 in August, comfortably above 103.0 consensus and extending its run of monthly gains. The index now stands clearly above its medium-term average of 100, with KOF saying the outlook for the Swiss economy remains positive. Improvement was led by manufacturing, other services and foreign…
TL;DR: USD/CAD has stabilized after absorbing the initial tariff shock, but Friday brings two catalysts operating on completely different axes — Canadian GDP tests whether the BoC can mainatin patience, while Warsh’s Jackson Hole speech tests whether the Dollar deserves a smaller or larger credibility discount. CAD Moves Beyond First Tariff Repricing A week that…
Key points: Another beat-and-raise quarter: Revenue beat expectations by 4.2%, Q3 guidance came around 4% above consensus and management now expects approximately 70% growth in fiscal 2028 vs. current expectations of 45%, confirming that demand remains stronger than available supply. Two company headwinds—and one macro hurdle: Memory costs are set to pull gross margin from…
TL;DR: Three of Australia’s Big Four banks now expect another RBA hike this year, after minutes, CPI, and household spending data all pointed the same direction this week — pushing AUD/JPY toward 115 while BoJ hawkishness offers Yen little new to trade. Australia’s Rate Story Has Changed Fast The most important shift behind AUD this…
Created on August 27, 2026 Bullish view Bearish view The EUR/USD exchange rate pulled back to 1.1650 on Thursday, a few pips below this month’s high of 1.1710. It retreated after the latest US GDP and PCE numbers and as traders waited for the upcoming statement by Jerome Powell at the Jackson Hole Symposium. Jackson…