September 1, 2020
Top daily news
Global markets are mixed currently after a mixed session on Monday closed a bullish August. Bullish run of US stocks continues with roughly 60 days remaining to US presidential election as Nasdaq notched another record while Wall Street’s so-called fear gauge — the CBOE Volatility Index (VIX) surged 14.5% Monday.
Forex news
| Currency Pair | Change |
| EUR USD | +0.45% |
| GBP USD | +1.63% |
| USD JPY | -0.24% |
The Dollar weakening is intact currently . 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, lost 0.2% Monday as Fed Vice Chair Richard Clarida said “a low unemployment rate by itself ‘’ or “ pressing financial stability concerns, will not, under our new framework, be a sufficient trigger for policy action.” EUR/USD and GBP/USD continued climbing Monday. Both pairs are higher currently. USD/JPY joined AUD/USD’s continued advancing yesterday with both yen and Australian dollar higher against the greenback currently.
Stock Market news
| Indices | Change |
| Dow Jones Index | +0.25% |
| Nikkei Index | -0.33% |
| Australian Stock Index | -1.7% |
| Hang Seng Index | +0.11% |
Futures on three main US stock indexes are rising currently ahead of the Institute for Supply Management Manufacturing PMI report at 18:00 CET today. US stocks ended mixed Monday as the SP 500 booked its best August return since 1986 and the Dow – its best return for that month since 1984, while the Nasdaq recorded its strongest August since 2000. European stock indexes are advancing currently after extending losses yesterday. Asian indexes are mixed today with Australia’s All Ordinaries ASX 200 Index leading losses after the Reserve Bank of Australia maintained the official cash rate at a record-low 0.25% but increased the size of its term funding facility to $200 billion Australian dollars (US$147.52 billion) while data showed consumer confidence, household spending and manufacturing activity deteriorated as Victoria, which accounts for around one-quarter of the economy, has been forced back into strict lockdowns.
Commodity Market news
| Commodities | Change |
| Brent Crude Oil | +0.62% |
| WTI Crude | -0.81% |
Brent is edging higher today. Oil prices ended mixed on Monday. The US oil benchmark West Texas Intermediate (WTI) for October delivery rose 0.8% Monday and is up currently. November Brent crude – the new front-month contract lost 1.2% to $45.28 a barrel on Monday.
Gold Market News
| Metals | Change |
| Gold | +1.18% |
Gold prices are extending gains today. December gold added 0.2% to $1978.60 an ounce on Monday.
Market Analysis provided by IFCMarkets.com
- The People’s Bank of China keeps lending rates unchanged. The Canadian dollar weakens amid falling inflation May 20, 2026
- EUR/USD Near Six-Week Low as Market Tensions Rise May 20, 2026
- Oil prices remain volatile. The Reserve Bank of Australia signals further rate hikes May 19, 2026
- Gold Recovers Some Losses: What’s Driving the Market? May 19, 2026
- Economic activity in China is slowing. Silver has fallen by more than 8% May 18, 2026
- USD/JPY Rises for Sixth Straight Day: Yen Back on the Cusp of Intervention May 18, 2026
- Optimism surrounding the US-China summit in Beijing supported the markets May 15, 2026
- Gold Falls on US Inflation Concerns as Week Ends in Losses May 15, 2026
- The oil market may remain in a state of severe supply shortage until autumn May 14, 2026
- GBP/USD Under Policy Pressure: What Lies Ahead for the Prime Minister? May 14, 2026
