πŸ“Š Market Snapshot

  • Gold XAUUSD: $4,341.11 (Friday close, -2.37% on the day, intraday high 4371.77 / low 4229.73)
  • WTI Crude USOIL: $76.35 (Friday close, -1.32% on the day)

πŸ”₯ Key News This Hour

1. RBA Rate Decision Next Tuesday Expected to Hold

The Reserve Bank of Australia will announce its rate decision on August 12. Markets broadly expect rates to remain unchanged, but the statement and forward guidance will be closely watched. Australian inflation has eased, but the RBA remains vigilant about upside risks.

2. Japanese PM Takaichi Vague on “Three Non-Nuclear Principles”

At the 81st anniversary memorial of the Nagasaki atomic bombing, PM Takaichi did not explicitly affirm Japan’s commitment to the “Three Non-Nuclear Principles,” drawing attention.

🧭 Assessment

Gold sold off sharply on Friday, dropping 2.37% from the 4442 area to 4341, with an intraday low of 4229 before a partial recovery β€” clear selling pressure.

Oil weakened in tandem, with WTI settling at 76.35, as demand-side concerns continue to weigh.

The RBA rate decision next week is the first key event in the Asia-Pacific; a hawkish tone could support the AUD.

Takaichi’s vague stance at the nuclear memorial is worth monitoring for rising geopolitical sensitivity.

Markets are closed over the weekend with limited liquidity; focus shifts to Monday’s open for direction.

⏰ Upcoming Key Data

  • 8/11 (Mon): No major data
  • 8/12 (Tue): ⭐ RBA Rate Decision
  • Ahead: US CPI/PPI data (dates TBC)