
๐ Asian markets slipped: Nikkei fell 1.8%, ending a 5โday rally, while China, Hong Kong and Kospi eased 0.3โ0.8% on rising oil prices and fading hopes for an extended USโIran ceasefire.
๐ข๏ธ Oil holds near $81.50/barrel, firm on Middle Eastย tension.
๐ฅ Gold trades near $4,400/oz, extending gains as soft US data cools Fed rateโhike betsโโโmarkets now see just a 1โinโ3 chance of a September hike.
๐ต The Dollar Index stays soft, subโ98, lifting EUR/USD toward the 1.1580โ1.1600 zone.
๐ Today: NAHB Housing Index (US) and Trade Balance (Eurozone). Ahead: FOMC Minutes (Aug 20), Jackson Hole Symposium (Augย 27โ29).
โก๏ธ Stay sharpโโโvolatility ahead!
#NordFX #Forex #MarketUpdate #Gold #Oilย #EURUSD
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