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Gold experienced a noticeable decline, continuing recent downward momentum as hawkish Federal Reserve commentary elevated rate-hike odds. Rising oil prices following regional military action further pressured bullion, though broader monthly gains remain intact.

The Japanese yen trended lower toward multi-week lows against the dollar, weighed down by expectations of a hawkish Federal Reserve and high oil prices. Wide interest rate differentials and ongoing fiscal concerns continue to exert downside pressure, even as expectations grow for future Bank of Japan policy adjustments.

Bitcoin showed signs of recovery, driven by short-squeeze liquidations and strong institutional spot ETF capital inflows. Market sentiment remains cautiously optimistic as investors evaluate whether the cryptocurrency can maintain its upward trajectory toward higher psychological thresholds.

Brent crude advanced following U.S. military strikes on Iranian rocket launchers in the Strait of Hormuz aimed at securing maritime shipping lanes. While direct actions escalated geopolitical tensions, ongoing diplomatic channels and continuous daily oil transit through the corridor helped buffer total market disruption.

The Nasdaq 100 pulled back as higher Treasury yields and hawkish central bank messaging weighed on technology equities. Strong corporate earnings from major semiconductor firms provided underlying support, though high sector concentration and persistent geopolitical risks limited upside momentum.

The Chinese yuan strengthened toward multi-year highs against the dollar, driven by solid export-related capital inflows and corporate foreign exchange conversions. A broad structural shift away from the dollar and a supportive central bank framework continue to favor domestic currency strength.

Daily Market Analysis (31.08.2026) by ZitaPlus

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