Market Update, 13 August 2026
August 13, 2026Global markets on 14 August 2026 are broadly positive, led by US equities hitting record highs, while commodities remain under pressure with gold slipping below $4,400 and oil stabilising near $81–87 per barrel. Geopolitical tensions in West Asia and US–China trade frictions are tempering risk appetite, but cooling US inflation data has eased fears of further Fed tightening.
📈 Equity Markets
- United States
- S&P 500: 7,799 (+0.65%) – record high
- Nasdaq: 26,803 (+0.81%) – strongest in two months
- Dow Jones: 53,840 (+0.13%)
- Gains driven by tech stocks (Tesla +3.8%, Meta +2.8%, Apple +1.0).
- Sentiment boosted by softer US producer inflation, lowering Fed hike odds.
- Europe
- FTSE 100: 10,773 (-0.56%) – cautious sentiment amid macro uncertainty
- Euro STOXX 50: 6,545 (+0.18%)
- DAX: 26,300 (-0.12%)
- Weakness reflects investor caution over growth and geopolitical risks.
- Asia-Pacific
- Nikkei 225 (Japan): 68,309 (+1.16%) – strongest regional performer
- Shanghai Composite (China): 3,927 (-0.50%)
- Hang Seng (Hong Kong): 25,397 (-0.17%)
- ASX 200 (Australia): 9,126 (-0.68%)
- Divergence shows Japan’s tech-driven rally vs. China’s growth concerns.
🪙 Commodities
- Oil: Brent $87.16 (+0.1%), WTI $81.29 (+0.05%) – stabilising after US threats of indefinite naval blockade of Iran raised supply concerns.
- Gold: $4,379 (-1.3%) – pressured by easing inflation and reduced safe-haven demand.
- Silver: $64.4 (-1.4%)
- Copper: $6.55/lb (-0.3%)
- Bitcoin: $63,466 (+0.2%) – resilient despite commodity weakness.
💱 Forex
- Dollar Index (DXY): 99.92 (-0.04%) – softer after weak US PPI data.
- EUR/USD: 1.1537 (+0.08%)
- GBP/USD: 1.3494 (+0.05%)
- USD/JPY: 159.42 (+0.06%) – yen remains fragile despite intervention.
- AUD/USD: 0.7065 (+0.09%) – supported by RBA’s hawkish bias.
🌍 Geopolitical Drivers
- Middle East: Iran claims control of the Strait of Hormuz; US maintains naval blockade, raising oil supply risks.
- India–China–US Trade: White House considers penalties on India for allegedly helping China evade tariffs, risking $19–26B in US revenue.
- West Asia tensions: Weighing on Indian equities (Sensex -353 points, Nifty -0.37%).
📊 Snapshot Table
| Asset/Index | Level | Change |
|---|---|---|
| S&P 500 | 7,799 | +0.65% |
| Nasdaq | 26,803 | +0.81% |
| FTSE 100 | 10,773 | -0.56% |
| Nikkei 225 | 68,309 | +1.16% |
| Brent Oil | $87.16/bbl | +0.1% |
| WTI Oil | $81.29/bbl | +0.05% |
| Gold | $4,379/oz | -1.3% |
| Bitcoin | $63,466 | +0.2% |
| Dollar Index (DXY) | 99.92 | -0.04% |
⚠️ Risks & Outlook
- Positive: Cooling US inflation supports equities and reduces Fed hike risk.
- Negative: Geopolitical flashpoints (Iran blockade, US–China trade tensions) could reignite volatility.
- Near-term outlook: Bullish for US tech-led equities, cautious for commodities and emerging markets.
