Market Roundup 24 August 2026 - KAOHOON INTERNATIONAL

• The EUR/USD currency pair remained strong for a fourth consecutive trading day, hovering around 1.1680 during Asian trading hours on Monday. • The Euro's stability is driven by a weakening US Dollar, which is currently under pressure following the announcement of new US fiscal strategies.

• Investors are monitoring the geopolitical situation between the US and Iran, as any escalation could negatively impact global risk sentiment and market stability. • Market participants are also awaiting the Jackson Hole symposium, specifically focusing on the debut appearance of Federal Reserve official Warsh.

• Analyst Neil Sethi provides an economic outlook for the week of August 23, 2026, focusing on US equities, Fed policy, and market valuations. • European economists forecast year-over-year HICP inflation rates of 2.85% for France and 4.42% for Spain.

• US Treasury yields rose between 2.3 and 4.7 basis points heading into the weekend, shifting the market from bear steepening to flattening and erasing previous drops from a Treasury buyback. • Brent crude climbed to $94.4, its highest level since mid-July, as markets react to escalating geopolitical tensions.

• Asian stocks experienced a slight decline, with the MSCI Asia Pacific equities gauge dipping 0.1% and South Korea's Kospi Index falling 1.2%. • The downturn in the Kospi is particularly significant as the index serves as a primary bellwether for global artificial intelligence investments.

• Indian stock markets experienced a significant downturn, with the Nifty 50 falling below 24,200 and the Sensex slumping nearly 500 points from its daily high. • While HDFC Bank and Infosys provided some support to the Nifty 50, gains were limited by losses in SBI, Bajaj Finance, Cipla, Titan, and Apollo Hospitals.

• Indian benchmark indices, the Sensex and Nifty 50, turned negative on Monday after initially starting the trading week with firm gains. • The market reversal occurred as oil prices eased in anticipation of the United States announcing new sanctions against Iran.

• Foreign Portfolio Investors (FPIs) infused Rs 23,544 crore into Indian equities during August, marking a significant shift in investment trends. • This surge follows four consecutive months of heavy selling and is driven by improving quarterly earnings, a stable rupee, and positive market prospects.

• Economist Saravelos warns that recent U.S. Treasury moves in bond and currency markets constitute "soft-form financial repression" designed to artificially lower debt costs. • The analysis suggests that if U.S. Treasury prices are prevented from adjusting downward, the dollar must weaken to adjust the value of bonds held by foreign investors.

• Motilal Oswal Wealth Management Research Desk has released its top stock recommendations for the week beginning August 24, 2026. • The firm has specifically identified Crompton Greaves and ICICI Prudential AMC as the primary stocks to buy.

• Foreign Portfolio Investors (FPIs) have accelerated their investment in Indian equities, infusing Rs 23,544 crore so far in August. • This surge follows a July investment of Rs 20,200 crore, reversing a four-month streak of heavy selling that peaked with a Rs 1.17 lakh crore withdrawal in March.