August 14, 2020
Top daily news
Global markets are subdued currently after a mixed trading Thursday as Democrats and White House officials remained in a deadlock over another stimulus package. US markets’ rally stalled yesterday despite data showing another downtick in jobless benefits applications.
Forex news
| Currency Pair | Change |
| EUR USD | -0.43% |
| GBP USD | -0.42% |
| USD JPY | -0.02% |
The Dollar weakening has halted currently ahead of US retail sales report at 16:30 CET today. The live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, slid 0.2% Thursday as Labor Department data showed 963 thousand Americans filed for first-time benefits, a decline of 223,000. GBP/USD joined EUR/USD’s continued climbing yesterday as the Royal Institution of Chartered Surveyors reported UK house prices reversed the negative trend for first time since March. Both pairs are lower currently. Both yen and Australian dollar continued their sliding yesterday against the greenback with the dynamics intact for both currently.
Stock Market news
| Indices | Change |
| Dow Jones Index | -0.25% |
| GB 100 Index | +0.25% |
| Nikkei Index | +3.67% |
Futures on three main US stock indexes are mixed currently after ending mixed Thursday. The three main US stock indexes recorded returns ranging from -0.3% to 0.3% as import prices rose for the third straight month. European stock indexes are lower today after ending lower Thursday as the US held tariffs on European Union products, including whiskey and Airbus AIR, -1.64% aircraft, unchanged. Asian indexes are mostly higher today led by Shanghai Composite despite a slower than expected rise in industrial production and a surprise fall in retail sales.
Commodity Market news
| Commodities | Change |
| WTI Crude | +0.05% |
Brent is edging lower today. Oil prices fell yesterday after the International Energy Agency published a deeper cut in its forecast for global crude demand in 2020. The agency expects global demand to contract by 8.1 million barrels a day year on year, 140,000 barrels more than in last month’s report. The US oil benchmark West Texas Intermediate (WTI) futures ended lower yesterday: September WTI fell 1% and is lower currently. October Brent crude closed 1% lower at $44.96 a barrel on Thursday.
Gold Market News
| Metals | Change |
| Gold | -0.09% |
Gold prices are edging lower today . December gold ended 1.1% higher at $1970.40 an ounce on Thursday.
Market Analysis provided by IFCMarkets.com
- EUR/USD: Busy Week Ahead Aug 3, 2026
- Positive sentiment in the AI sector supported stock indices. Oil prices remain volatile Aug 3, 2026
- The Tech‑heavy NASDAQ Index jumped by more than 3.3%. The offshore yuan is trading at its highest level since 2023 Jul 31, 2026
- USD/JPY After Volatility: Multiple Events in One Day Jul 31, 2026
- The US indices sell off amid renewed US-Iran clashes. Oil jumps by 7% Jul 30, 2026
- USD/JPY Temporary in Equilibrium: Multiple Factors in Focus Jul 30, 2026
- GBP/USD at Month’s Lows: The Outlook Remains Weak Jul 29, 2026
- Crude oil falls below $80 per barrel. Australia sees inflation slowdown Jul 29, 2026
- The US Tech sector hit by sell‑off. Oil prices decline on renewed negotiations Jul 28, 2026
- Gold Declines, Focus on Fed and Falling Oil Prices Jul 28, 2026
