US Treasury Bond Buybacks Weaken Dollar, Boost EUR/USD to Best Level Since June
The dominant FX theme this week was a sharp retreat in the US dollar, driven by the Treasury’s unexpected move to increase bond buybacks for long-dated debt.
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Macro
Fed Officials Signal Possible Rate Hikes as Treasury Buybacks Fail to Curb Yields
On August 20, 2026, markets reacted sharply to the Federal Reserve's July meeting minutes and the U.S. Treasury's expanded buyback program.
Stocks
Apple Shares Slip Amid App Store Revenue Decline and Softer Guidance on August 21, 2026
On August 21, 2026, Apple (AAPL) shares declined 1.75%, pressured by a Morgan Stanley report showing a 0.6% year-over-year drop in App Store net revenue
Crypto
Bitcoin Surges Past $73K on Regulatory Clarity and Massive Short Squeeze
Bitcoin’s price rally this week, climbing over 5% to above $73,000, was driven by a rare convergence of macroeconomic stimulus, regulatory clarity, and a
Opinion
U.S. Treasury’s Bond Buyback Sparks Market Rally Amid Inflation and Geopolitical Tensions
On August 19, 2026, the U.S. Treasury Department’s unexpected decision to more than double its long-end bond buyback operations sent shockwaves through global
Commodities
Brent Crude Surges Past $95 Amid Strait of Hormuz Tensions and Supply Worries
Brent crude oil prices climbed sharply above $95 per barrel on August 18, 2026, fueled by escalating geopolitical tensions following the expiration of a
Stocks
Costco Shares Slip Amid Valuation Concerns as Consumer Sector Weakens
On August 20, 2026, Costco Wholesale Corporation (COST) saw its shares fall by 1.97%, reflecting investor caution over its elevated price-to-earnings ratio
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Macro
Why the Fed Funds Rate Stays Steady at 3.63% Amid Mixed Inflation and Labor Signals
The Federal Reserve’s decision to maintain the federal funds rate at 3.63% in July 2026 reflects a cautious stance amid mixed economic signals.
Crypto
Ergo (ERG) Surges 25% in 24 Hours Amid Thin Liquidity and Unclear Catalysts
On August 20, 2026, Ergo (ERG) experienced a striking 25% price increase, reaching $0.252449.
Stocks
Why SPY’s Modest Gain Masks a Deeper Sector Shift Amid Travel Inflation and Tech Divergence
On August 20, 2026, SPY inched higher by 0.21%, reflecting a cautious market stance amid rising travel inflation and a mixed tech sector.
Crypto
Ethereum Rockets 18.5% on U.S. Treasury Bond Buybacks, Massive Short Squeeze, and Pro-Crypto Policy Boost
On August 20, 2026, Ethereum (ETH) staged a powerful 18.5% rally, climbing to $2248.36. This surge was driven by a combination of macroeconomic easing via U.S.
Macro
July’s Sharp Drop in U.S. Housing Starts Signals Lingering Headwinds for Builders and the Economy
Housing starts in the U.S. unexpectedly fell by a steep 12.4% in July 2026 to an annualized rate of 1.239 million units, far below market forecasts.