Sydney:12/24 22:26:56

Tokyo:12/24 22:26:56

Hong Kong:12/24 22:26:56

Singapore:12/24 22:26:56

Dubai:12/24 22:26:56

London:12/24 22:26:56

New York:12/24 22:26:56

Top Institutions raise year-end gold price target to $5,000, with US fiscal policy being the strongest driver.

Top With the US PCE data approaching and US Treasury yields declining, the USD/CAD pair is maintaining a slight range, awaiting a directional move.

Is there a turning point in the US-Iran stalemate? Iran and the UAE jointly open a temporary shipping route, the US sends personnel back to the Middle East, and oil prices plummet to a near two-week low.

Crude oil trading alert: Progress on the temporary shipping route through the Strait of Hormuz eases supply risk expectations and drives oil prices sharply lower.

A weaker dollar supported gold's continued rise, but it has entered a period of intense resistance, leading to further divergence in market sentiment.

With US Treasury bonds surpassing $40 trillion, Federal Reserve officials warn of a "liquidation moment." Will the market stop buying US Treasury bonds?


The Australian dollar is consolidating at recent highs: the hawkish minutes provide support, but CPI and PCE are the real tests.

August 26th Financial Breakfast: Gold prices encountered strong resistance near the $4700 mark and fell back; news resurfaced that the US and Iran were "about to reach a ceasefire"; oil prices plummeted by 5%.

Gold Trading Alert: Gold Prices Approaching the $4700 Mark! PCE Inflation Data + Jackson Hole Speech: Will the Price Continue to Rise or Has It Topped Out?

Gold prices retreated from $4,700 as easing tensions in the Hormuz weakened safe-haven demand.

Popular Markets

Latest News

Market Analysis

Central Bank Rates

Central Bank Current Rate Next Forecast Last (Non-zero) Change (Basis Points) Historical High Historical Low Latest CPI Rate Trend
Federal Reserve

3.5-3.75

2026-07-29

待预测

2026-09-16

-25

2025-10-30

20

1980-03-04

0-0.25

2008-12-27

3.4
European Central Bank

2.4

2026-07-23

待预测

2026-09-10

25

2026-06-11

4.75

2000-10-05

0.00

2016-03-16

2.9
Bank of Japan

1

2026-07-31

待预测

2026-09-18

25

2026-06-16

9.00

2008-10-31

-0.10

2016-01-29

1.9
Bank of England

3.75

2026-07-30

待预测

2026-09-17

-25

2025-12-18

17

1979-11-15

0.1

2020-03-26

2.9
Swiss National Bank

0

2026-06-18

待预测

2026-09-24

-25

2025-06-19

3.5

2000-02-03

-0.75

2015-01-15

0.4
Reserve Bank of Australia

4.35

2026-08-11

待预测

25

2026-05-05

17.00

1990-01-22

0.75

2019-10-01

4
Bank of Canada

2.25

2026-07-15

待预测

2026-09-02

-25

2025-10-29

8.06

1995-02-23

0.25

2009-04-21

3
Reserve Bank of New Zealand

2.5

2026-07-08

2.5

2026-09-02

+25

2026-07-08

8.25

2007-07-26

0.25

2020-03-16

4.1

CFTC Positions

ETF Holdings

Commercial Positions
Non-Commercial Positions
Long Position

Today’s News

View More>

2026-08-26Wednesday

10:17:00

[Ministry of Industry and Information Technology: Fostering More Specialized, Refined, and Innovative "Little Giant" Enterprises and Manufacturing Single-Item Champion Enterprises] The State Council Information Office held a press conference on the theme of "Starting the 15th Five-Year Plan," where officials from the Ministry of Industry and Information Technology introduced the relevant situation regarding the full implementation of the 15th Five-Year Plan and the acceleration of new industrialization. The press conference stated that efforts will be focused on cultivating high-quality enterprises, improving the tiered cultivation system for high-quality enterprises, fostering and strengthening specialized, refined, and innovative SMEs, and creating more specialized, refined, and innovative "little giant" enterprises and manufacturing single-item champion enterprises. The Ministry will also deepen the integrated development of large, medium, and small enterprises, and promote collaborative innovation across the industrial chain. Furthermore, it will build and utilize a nationwide "one-stop" service network for SMEs, implement a special action to reduce the burden on enterprises, launch more innovative services, and enhance enterprises' sense of gain. (CCTV News)

10:15:02

[my country Has Successfully Developed Nearly 200 Key Artificial Intelligence Standards] Xin Guobin, Vice Minister of Industry and Information Technology, stated at a press conference held by the State Council Information Office on August 26th, during the "Starting the 15th Five-Year Plan" series of themed press conferences, that from an application perspective, artificial intelligence in my country has basically permeated the entire chain, including R&D, design, manufacturing, quality inspection, and maintenance. Nearly 200 key artificial intelligence standards have been successfully developed, and multiple cities are currently conducting AI ethics reviews and service practices. (Xinhua News Agency)

10:15:01

【Under the pressure of government debt, the independence of central banks faces the test of "fiscal dominance"】 (1) Against the backdrop of expanding debt and rising borrowing costs, the Jackson Hole Symposium will focus on "fiscal dominance"—that is, the situation where the government relies on the central bank to purchase government bonds or provide support due to fiscal pressure. In the past few decades, this has been considered taboo because it could trigger inflation, currency devaluation and capital flight. (2) Global public debt has continued to rise since 2008, and the US fiscal deficit has exceeded 4% of GDP annually since 2019 (usually only during recessions). The sharp rise in long-term government bond yields has pushed up government financing costs, and although the Treasury has expanded the repurchase of old bonds, the effect has been limited. Treasury Secretary Bessant even suggested that the Federal Reserve "consider expanding" liquidity tools for foreign central banks. (3) In 2011, the Federal Reserve lowered long-term interest rates through "Operation Twist"; the Bank of Japan has kept long-term bond yields low for nearly 10 years; the European Central Bank's bond-buying program has also faced similar criticism. During World War II, the Federal Reserve imposed a cap on government bond yields until the Treasury-Federal Reserve Agreement in 1951 restored its independence. (4) The current discussion is still speculative, and radical proposals (such as canceling government bonds or canceling government bonds held by the central bank) are not accepted by the mainstream. However, as debt expands, investors are increasingly concerned about how long the "wall" between fiscal and monetary policies can be maintained.

Today’s Calendar

View More>

Today’s Events

View More>

2026-08-26Wednesday

18:10

GermanyEuropean Central Bank Executive Board member Cipolo Nee delivered a speech.

23:40

ChinaThe 24th session of the Standing Committee of the 14th National People's Congress was held in Beijing from August 25 to 28.

23:45

USA2027 FOMC voting member and Richmond Fed President Barkin attended a symposium.

Popular Indicators

View More>

USAFederal Funds Rate Target Upper Limit

3.75%

3.75%

2026-07-30

Latest Value

Previous

Release Time

USASeasonally adjusted changes in non-farm payrolls

-2.3Ten thousand

5.7Ten thousand

2026-08-07

Latest Value

Previous

Release Time

USAunemployment rate

4.1%

4.2%

2026-08-07

Latest Value

Previous

Release Time

USAInitial jobless claims

20.6Ten thousand

20.9Ten thousand

2026-08-20

Latest Value

Previous

Release Time

USACore PCE Price Index Annual Rate

3.3%

3.4%

2026-07-30

Latest Value

Previous

Release Time

USAADP Employment Changes

4.4Ten thousand

9.8Ten thousand

2026-08-05

Latest Value

Previous

Release Time

USAAPI Crude Oil Inventory Changes

42010,000 barrels

-32.810,000 barrels

2026-08-26

Latest Value

Previous

Release Time

USAEIA Crude Oil Inventory Changes

440.510,000 barrels

1742.310,000 barrels

2026-08-19

Latest Value

Previous

Release Time