【FXCM】 10 August 2026 · Daily Market Update

📊 Gold / FX / Oil / AI Stocks Weekly Outlook

Your Daily Trader Companion

Markets rebounded during Aug 3 – Aug 9 as softer U.S. jobs data reduced near-term Fed rate-hike concerns and supported risk assets.

🥇 Gold / XAUUSD

Gold jumped more than 7% for the week and traded near $4,336, supported by weaker USD momentum and safe-haven demand.

🛢️ Oil

WTI and Brent fell more than 7% for the week on hopes of a Hormuz reopening deal, then rebounded as Gulf supply uncertainty returned.

💵 FX

EUR/USD moved near 1.1558, while USD/JPY traded around 157.9 after soft U.S. labor data and intervention concerns remained in focus.

📈 Indices

S&P 500 gained 3.6%, Nasdaq rose 5.2%, and Dow added nearly 3% as weaker jobs data supported growth and technology sentiment.

🤖 AI Stocks / Semiconductors

Nvidia rose around 12% for the week, while semiconductor names recovered as traders returned to the AI infrastructure theme.

📅 Key data to watch this week:

• Aug 12 — US CPI

• Aug 12 — EIA Weekly Petroleum Status Report

• Aug 13 — US PPI

• Aug 13 — US Initial Jobless Claims

• Aug 14 — US Retail Sales

• Aug 14 — University of Michigan Consumer Sentiment

These releases may create potential trading opportunities across Gold, Oil, NAS100, SPX500, EUR/USD and USD/JPY.

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