Live Forex News
Real-time financial news from around the world.
Published Monday – Friday, 24 hours a day.
Crypto Updates: XRP Drops by 3.89%
Top crypto losers are XRP (-3.89%), Ether (-2.18%) and Bitcoin (-1.94%).
Agricultural Commodities Updates: Wheat Falls by 2.72%
Top commodity loser is Wheat (-2.72%). Gains are led by Palm Oil (0.51%).
Metals Commodities Updates: Lithium Carbonate Falls by 2.56%
Top commodity losers are Lithium Carbonate (-2.56%), Silver (-1.14%) and Gold (-0.92%). Gains are led by Silicon (1.09%) and Steel Rebar (0.51%).
Energy Commodities Updates: Gasoline Rises by 2.07%
Top commodity gainers are Gasoline (2.07%), Natural Gas EU (1.28%), Natural Gas UK (1.04%) and Brent Oil (0.32%). Biggest losers are Heating Oil (-1.01%), Ethanol (-0.83%), Propane (-0.69%) and Crude Oil (-0.09%).
FX Updates: South Korean Won Appreciates by 0.84%
Top currency gainers are South Korean Won (0.84%), Swedish Krona (0.27%) and Dollar Index (0.25%). Biggest losers are Canadian Dollar (-0.31%), Japanese Yen (-0.29%), Brazilian Real (-0.29%), Euro (-0.10%) and British Pound (-0.06%).
Crude Oil Posts Strongest Weekly Gain Since July
Crude oil traded around $91.2 a barrel on Friday and was up more than 9% for the week, marking its strongest weekly performance since mid-July, as the war in the Middle East continued with little prospects of peace. Iran and the US exchanged missile strikes this week, while Israel’s defense minister threatened “crippling” attacks on Iran’s infrastructure, including energy facilities. Meanwhile, US Vice President JD Vance said the US does not plan to hold peace talks with Iran until it stops attacking ships in Hormuz, adding to upward pressure on oil prices as Iran signals its determination to maintain a hard-line response to the latest US strikes. The EU has formally joined the US-led sanctions campaign against Iran, while South Korea said it is considering a military role. The rally could lose momentum if shipments through the Strait increase. Reports on Iraqi oil exports indicate an average of 2.35 million barrels per day in August, mostly shipped through southern routes.
Ibovespa Closes Lower as Fed Hike Bets Rise
The Ibovespa inched lower to close at 185,147 on Friday amid rising expectations for a US Fed rate hike in September. US payrolls increased by 162,000, about three times the consensus estimate, boosting rate hike bets. For Brazil, persistently high interest rates in the world’s largest economy narrow the policy path available to the BCB. The prospect of US interest rates remaining elevated for longer also reduces appetite for risk assets in emerging markets. Underperformers included Axia, down 0.8%, WEG, down 0.6%, and Rede D’Or. Petrobras lost 0.9% despite elevated oil prices, which remained volatile. Fnancial stocks gains limited losses, with Bradesco up 0.6%, Itaúsa adding 1.5%, BB Seguridade rising 1.1%, and Caixa advancing 1.1%. The latest Datafolha poll on the presidential race, released on Thursday, showed President Lula’s lead over Flávio Bolsonaro narrowing. Embraer rose 1.1% as Brazil posted a stronger-than-expected external trade surplus. The index rose 5.4% on the week.
TSX Closes Lower Following Jobs Data
The S&P/TSX Composite Index shed 0.3% to close at 36,514 on Friday following the release of Canadian and US employment data. Employment in Canada declined by 41,700 in August, missing expectations for a 15,000 increase. The weak labor data could support a more dovish stance from the BoC. However, despite keeping rates unchanged on Wednesday, Governor Macklem said policymakers were prepared to raise rates if inflation remained elevated. Meanwhile, US payrolls increased about three times the estimate, boosting expectations for a September Fed rate hike pressuring credit-sensitive stocks. Major banks posted losses, with TD Bank down 1% and Scotiabank shedding 0.9%. Gold prices declined, weighing on mining shares. Agnico Eagle lost 0.9%, Barrick shed 1.8%, and WPM retreated 0.9%. Technology stocks were mostly lower amid weakness among US hyperscalers, with Shopify edging lower and Constellation Software down 0.6%. In contrast, Celestica added 1.1%, tracking strength among chipmakers.
US Stocks Close Lower After Strong Jobs Report
US stocks closed mostly lower on Friday after stronger-than-expected labor market data gave the Fed more room to raise interest rates. The S&P 500 lost 0.4%, the Dow shed 272 points, while the Nasdaq added 0.2%. Nonfarm payrolls increased by 162K, above expectations for a gain of just over 50K jobs. Credit-sensitive sectors pulled back after the data as yields rebounded. Alphabet shed 1.1%, Microsoft lost 2%, Tesla tumbled 5.9%, and Palantir shed 4.5%, while JPMorgan retreated 0.9% and Visa fell 1%. Still, chipmakers rose after underperforming earlier in the week, helping to support the Nasdaq. Nvidia gained 0.8%, Micron rose 6.1%, Intel added 4.5%, and Marvell advanced 7% amid signs of optimism surrounding OpenAI’s new GPT model. Sandisk soared 11.9%, and AMD added 4.7%. On the week, the Dow dropped 0.3% while the S&P 500 added 0.1% and the Nasdaq rose 0.4%. The US stock market will be closed Monday for the Labor Day holiday.
Colombia PPI Growth Hits Lowest Since February
Colombia’s Producer Price Index increased 0.76% year-on-year in August 2026, easing from a 1.51% rise in July and marking the weakest annual increase since February. Agriculture, livestock and fishing was the only sector to record a variation above the overall average, at 6.80%. Industry rose 0.26%, while mining fell 6.59%, both below the overall 0.76% increase. The subcategories with the largest positive contributions were pome and stone fruits, which rose 22.07%, potatoes, which increased 129.82%, and citrus fruits, which gained 58.43%. In contrast, the main negative contributions came from crude petroleum and oils obtained from bituminous minerals, down 5.17%; milled or green coffee, down 19.09%; and coffee, down 18.03%. On a monthly basis, the PPI fell 0.33% in August. Year to date, the index increased 2.95%.
Crypto Updates: XRP Depreciates by 3.82%
Top crypto losers are XRP (-3.82%), Ether (-2.38%) and Bitcoin (-2.14%).
Brazil Trade Surplus Beats Forecasts
Brazil’s trade surplus widened 23.8% year-on-year to $7.39 billion in August 2026, above forecasts of $7.14 billion. Exports increased 12.2% to $33.16 billion, with agricultural exports rising 11.4%, extractive industry exports gaining 16.4%, and manufacturing exports increasing 10.2%. Export growth was mainly driven by higher sales of live animals, unroasted coffee, and soybeans in agriculture; copper ores and concentrates, nickel ores and concentrates, and crude petroleum in extractive industries; and poultry meat, soybean meal and other animal feed, and fuel oils in manufacturing. Imports rose 9.2% to $25.76 billion. Agricultural imports increased 7.4%, while manufacturing imports rose 13.4%. Imports by extractive industries fell 41.3%. Trade with the EU performed strongly, with exports rising 46.4%, while the trade surplus with China and Argentina narrowed and trade with the US resulted in a deficit.
Agricultural Commodities Updates: Butter Plunges by 5.11%
Top commodity losers are Butter (-5.11%) and Wheat (-3.34%). Gains are led by Rice (0.86%) and Palm Oil (0.51%).
Metals Commodities Updates: Lithium Carbonate Falls by 2.56%
Top commodity losers are Lithium Carbonate (-2.56%), Silver (-1.58%) and Gold (-1.21%). Gains are led by Silicon (1.09%) and Steel Rebar (0.51%).
Bank Of New York Mellon Stock Price Hits All-time High
Bank Of New York Mellon shares increased to an all-time high of 165.69 USD. Over the past 4 weeks, Bank Of New York Mellon gained 4.33%, and in the last 12 months, it increased 59.73%.
Energy Commodities Updates: Natural gas Gains by 2.05%
Top commodity gainers are Natural gas (2.05%), Gasoline (1.95%), Natural Gas UK (1.04%) and Brent Oil (0.32%). Biggest losers are Heating Oil (-1.48%), Germany Natural Gas THE (-1.25%) and Crude Oil (-0.29%).
Mexican Peso Hits Highest Level Since 2024
The Mexican peso strengthened to around 16.89 per US dollar in September, reaching its highest level since May 2024. US nonfarm payrolls increased by 162,000 last month, well above market expectations for a 56,000 gain. The figures point to continued strength in the US labor market, which is positive for Mexican exports and the economy given the close trade relationship between the two countries. The trade war between the US and Canada, along with trade tensions involving other countries, has positioned Mexico relatively favorably in trade terms, despite the country also being affected by tariffs. Also, Mexico’s gross fixed investment rose 7.7% year-on-year in June, beating expectations for a 4.8% expansion. However, while the strong US jobs data supports economic stability, it boosted expectations for a September Fed rate hike, which would support the dollar and narrow the US-Mexico interest-rate differential.
Gasoline Extends Gains
US gasoline futures rose above $3.15 a gallon, extending gains for a second session amid tightening fuel supply. Elevated tensions between the US and Iran remain an upward pressure, threatening further constraints to production and supply. Adding to the pressure, persistent attacks from Ukraine in Russian refineries pushed runs to multi-year lows. Meanwhile, EIA data showed US gasoline inventories fell 1.173 million barrels in the week ending August 28th, reflecting continued drawdowns in recent weeks while US refiners are largely out of capacity to boost further production, with facilities in Midwest operating at over 103% capacity and some delaying maintenance to keep production elevated. On September 4th, the US national average regular gasoline edged higher to $4.15 a gallon, its highest price ever for September, according to AAA. Earlier in the week, President Trump met with fuel refiners in an effort to bring down gasoline prices, although no measures were announced.
Week Ahead - Sep 7th
Signs of tanker traffic through the Persian Gulf will be monitored after the outbreak of strikes between Iran and the US, prolonging the shock to energy supply from the region. The US will publish consumer and producer inflation rates, the last major releases before the Federal Reserve's September decision. Other key data includes Michigan consumer sentiment and existing home sales. In turn, Canada and Brazil will publish inflation rates. Meanwhile, the ECB will decide on interest rates, Germany will unveil industrial production, and the UK will release monthly GDP data. In Asia, a busy week will feature goods trade flows from China following renewed tariffs by the US, in addition to fresh CPI figures. Also, Japan is set to post its PPI, current account, and wages aggregates. Lastly, trade data from Taiwan could offer hints on AI infrastructure demand.
European Stocks Edge Higher
European stocks closed slightly higher on Friday as markets continued to assess how economic activity will fare in a period of higher interest rates. The Euro STOXX 50 gained 0.2% to 6,396 and the STOXX 600 added 0.2% to 650. ASML gained more than 3% after a volatile week, tracking AI infrastructure stocks in the United States following promising signals from OpenAI's latest GPT model. Nokia jumped 3.1% and Nvidia gained 2.6%. Meanwhile, Volkswagen rose 6.6% after it approved another round of job cuts to reign in spending and adapt to a period of lower auto demand in Germany. On the other hand, banks were mixed on a volatile day for global bonds. Bets for a Fed hike were supported by a strong US jobs report, although most sovereign yields in the Eurozone were down on the long end. BNP Paribas and ING closed in the green, while UniCredit and Santander dropped. The Euro STOXX 50 lost 1.4% and the STOXX Europe 600 fell 0.8% on the week.
Live Forex News are published 24 hours a day from Monday to Friday and provide fast financial updates from around the world. The news is delivered in near real time so you can easily follow the most important developments in the Forex and stock markets.