Gold dips as oil-fueled inflation risks and US-Iran tensions lift USD

Gold (XAU/USD) attracts some sellers following a modest Asian session uptick on Tuesday, stalling a two-day move higher from the $4,300 neighborhood. The US Dollar (USD) builds on the overnight bounce from a two-month trough as inflation risks stemming from higher crude oil prices underpin prospects for at least one interest rate hike by the […]

Australian Dollar gains as US Dollar struggles amid fading Fed rate hike bets

AUD/USD extends its gains for the third successive day, trading around 0.7110 during the Asian hours on Tuesday. The currency pair continues to appreciate as the US Dollar (USD) remains subdued amid fading expectations for further rate hikes by the Federal Reserve (Fed). A recent, unexpected decline in July US Nonfarm Payrolls, combined with last […]

Growth risks and stimulus watch – TD Securities

TD Securities’ Alex Loo highlights that China’s July data showed weaker industrial production, modest retail sales and record-weak Fixed Assets Investment, reinforcing concerns about insufficient domestic demand. The report warns that if economic momentum keeps fading, Beijing risks missing its 2026 GDP target of 4.5–5.0% and may respond with stronger counter-cyclical measures and fresh stimulus […]