【FXCM】 11 August 2026 · Daily Market Update

📊 Gold / FX / Index Daily Update | 11 August 2026

🔥 Oil is back in focus.

Brent and WTI surged around 5% on Monday as hopes for a quick agreement to reopen the Strait of Hormuz faded. Higher Oil also brought inflation risk back into focus just before Wednesdays U.S. CPI report.

🟡 GOLD WATCH — XAUUSD

Quick View:

Gold gained around 0.5% and finished near the $4,360 area, remaining close to recent highs.

Key levels to watch:

$4,350 support / $4,400 resistance / $4,300 deeper support

Why watch it？

Gold is balancing two opposing forces:

✅ weaker U.S. labour-market expectations

✅ geopolitical uncertainty

versus:

⚠️ rising Oil

⚠️ renewed inflation risk

⚠️ potentially higher Treasury yields

Wednesdays CPI remains the next major macro test.

🔥 OIL WATCH — WTI / BRENT

Quick View:

Oil jumped around 5% as U.S.-Iran negotiations over the Strait of Hormuz remained unresolved.

Early Tuesday:

Brent: around $88

WTI: around $82.45

Key levels to watch:

Brent $85 / $88 / $90

WTI $80 / $82 / $85

Why watch it？

Iran and the U.S. remain divided over the conditions required to reopen the Strait.

Any progress — or further deterioration — may create rapid Oil volatility.

The latest EIA Short-Term Energy Outlook is also due today.

💵 FX WATCH — USDJPY / EURUSD

USDJPY

The pair rebounded toward 159, with the yen weakening around 0.8% on Monday as the effect of previous intervention faded.

Key levels:

158.00 support / 159.00 pivot / 160.00 resistance

The 160 area may again increase attention on possible official intervention.

EURUSD

EURUSD slipped toward 1.1540 as the dollar recovered modestly.

Key levels:

1.1500 / 1.1550 / 1.1600

CPI positioning and Treasury yields may dominate short-term FX direction.

📈 US INDEX WATCH — US30 / NAS100 / SPX500

Monday:

Dow -0.11%

S&P 500 -0.06%

Nasdaq -0.32%

Wall Street remains close to record levels, but higher Oil prices have brought inflation concerns back into the picture.

Key levels to watch:

US30 — 54,000 area

SPX500 — 7,750 area

NAS100 — 26,500-27,000 area

The key question:

Can strong earnings continue supporting equities if Oil and Treasury yields move higher？

🤖 AI STOCKS WATCH — NVIDIA / INTEL / SEMICONDUCTORS

Intel fell around 4% after announcing plans to raise $15 billion through a share sale to expand its foundry and advanced manufacturing operations.

Meanwhile, Nvidia remains in focus as new large-scale AI infrastructure initiatives reinforce expectations for continued investment in computing capacity.

Key focus:

• Nvidia AI infrastructure demand

• Intel capital raise and dilution

• AI data-centre investment

• Semiconductor-sector breadth

• Treasury yields

• NAS100 momentum

AI remains a major growth theme, but investors are increasingly asking:

How much capital is required — and how quickly can that investment generate returns？

🚘 TESLA / ALPHABET

Tesla slipped around 0.3% on Monday.

Tesla and Alphabet remain sensitive to:

• AI investment returns

• growth-stock valuations

• Treasury yields

• NAS100 sentiment

🌏 ASIA INDEX WATCH — HKG33 / JPN225

HKG33

Monday approximately +1.05% to 25,937.

Key levels:

25,500 / 26,000 / 26,500

JPN225

Monday approximately +2.08% to 66,970.

Key levels:

66,000 / 67,000 / 68,000

A weaker yen supported Japanese exporters, while Asian markets also benefited from improving global risk sentiment.

📌 TODAYS KEY FOCUS

🇺🇸 6:00 a.m. ET — NFIB Small Business Optimism

Consensus around 97.3 vs 97.4 previously.

🇦🇺 2:30 p.m. AEST — RBA Rate Decision

The Reserve Bank of Australia will publish its policy decision and Statement on Monetary Policy.

🛢️ EIA Short-Term Energy Outlook

Especially relevant after the sharp Oil rally.

🌍 Strait of Hormuz negotiations

Oil remains highly headline-sensitive.

💵 USDJPY intervention risk

The yen has given back part of its intervention-driven gain.

🤖 Nvidia / AI infrastructure developments

📊 Tomorrow - U.S. CPI

July CPI is officially scheduled for Wednesday, August 12 at 8:30 a.m. ET.

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