{"id":435961,"date":"2026-08-11T11:00:19","date_gmt":"2026-08-11T04:00:19","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/investinglive-asia-pacific-financial-market-news-oil-and-gold-stay-near-highs-435961\/"},"modified":"2026-08-11T11:00:19","modified_gmt":"2026-08-11T04:00:19","slug":"investinglive-asia-pacific-financial-market-news-oil-and-gold-stay-near-highs","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/investinglive-asia-pacific-financial-market-news-oil-and-gold-stay-near-highs-435961\/","title":{"rendered":"investingLive Asia-Pacific Financial Market news: Oil and gold stay near highs"},"content":{"rendered":"<div>\n<ul>\n<li><a href=\"https:\/\/investinglive.com\/news\/singapore-doubles-2026-growth-outlook-to-4-5-5-5-on-tech-cycle-upgrade\" rel=\"follow\">Singapore doubles 2026 growth outlook to 4.5-5.5% on tech cycle upgrade<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/central-banks\/rupee-set-to-open-weaker-as-oil-pressure-builds-rbi-support-in-focus\" rel=\"follow\">Rupee set to open weaker as oil pressure builds, RBI support in focus<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/central-banks\/sources-boj-could-raise-rates-again-at-september-17-18-meeting\" rel=\"follow\">Sources: BoJ could raise rates again at September 17-18 meeting<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/stock-market-update\/south-korea-kospi-rises-for-second-day-as-samsung-electronics-jumps-circa-3-6\" rel=\"follow\">South Korea: Kospi rises for second day as Samsung Electronics jumps circa 3.6%<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/news\/australian-business-conditions-edge-higher-in-july-but-confidence-stays-fragile\" rel=\"follow\">Australian business conditions edge higher in July but confidence stays fragile<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/news\/nz-pm-luxon-calls-urgent-caucus-meeting-to-address-leadership-speculation\" rel=\"follow\">NZ PM Luxon calls urgent caucus meeting to address leadership speculation<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/central-banks\/pboc-sets-seven-day-reverse-repo-volume-at-zero-on-tuesday-citing-primary-dealer-demand\" rel=\"follow\">PBOC sets seven-day reverse repo volume at ZERO on Tuesday, citing primary dealer demand<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/commodities\/gold-hits-two-month-high-as-markets-await-us-inflation-data-this-week\" rel=\"follow\">Gold hits two-month high as markets await US inflation data this week<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/news\/uk-data-barclaycard-spending-rises-2-0-in-july-as-consumer-confidence-hits-21-month-high\" rel=\"follow\">UK data: Barclaycard spending rises 2.0% in July as consumer confidence hits 21-month high<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/central-banks\/pboc-sets-usd-cny-central-rate-at-6-7-vs-estimate-at-6-7497\" rel=\"follow\">PBOC sets USD\/ CNY central rate at 6.7900 (vs. estimate at 6.7497)<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/central-banks\/yen-strength-still-hinges-on-boj-hike-not-capital-repatriation-or-intervention-goldman-says\" rel=\"follow\">Yen strength still hinges on BOJ hike, not capital repatriation (or intervention!), Goldman says<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/stocks\/intel-plans-to-sell-15-billion-worth-of-stock-after-it-has-risen-400-in-a-year\" rel=\"follow\">Intel plans to sell $15 billion worth of stock after it has risen 400% in a year<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/forex\/yen-support-looks-fragile-tokyo-opts-for-passive-strategy-missed-chance-to-press-intervention-advantage\" rel=\"follow\">Yen support looks fragile; Tokyo opts for passive strategy, missed chance to press intervention advantage<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/central-banks\/rba-set-to-hold-rates-today-but-markets-will-be-watching-the-fine-print\" rel=\"follow\">RBA set to hold rates today, but markets will be watching the fine print<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/central-banks\/preview-rba-to-stay-in-pause-and-observe-mode-td-securities-says-ahead-of-today-s-decision\" rel=\"follow\">Preview: RBA to stay in pause and observe mode, TD Securities says ahead of today&#8217;s decision<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/central-banks\/icymi-cleveland-fed-s-hammack-says-fed-should-already-be-raising-rates-more-than-one-hike-needed\" rel=\"follow\">ICYMI &#8211; Cleveland Fed&#8217;s Hammack says Fed should already be raising rates, more than one hike needed<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/commodities\/unconfirmed-incoming-report-of-further-cruise-missile-launches-from-sirik-iran\" rel=\"follow\">UNCONFIRMED &#8211; Incoming report of further cruise missile launches from Sirik, Iran<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/forex\/mufg-opens-long-audjpy-at-111-20-targets-114-50-as-yen-intervention-debate-builds\" rel=\"follow\">MUFG opens long AUDJPY at 111.20, targets 114.50 as yen intervention debate builds<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/commodities\/what-d-i-miss-trump-counters-iran-reparations-demand-pushing-hormuz-deal-further-out-of-reach\" rel=\"follow\">What&#8217;d I miss? Trump counters Iran reparations demand, pushing Hormuz deal further out of reach.<\/a><\/li>\n<\/ul>\n<p class=\"font-claude-response-body break-words whitespace-normal\" dir=\"ltr\">Summary:<\/p>\n<ul dir=\"ltr\" class=\"[li_&amp;]:mb-0 [li_&amp;]:mt-1 [li_&amp;]:gap-1 [&amp;:not(:last-child)_ul]:pb-1 [&amp;:not(:last-child)_ol]:pb-1 list-disc flex flex-col gap-1 pl-8 mb-3 print:block print:space-y-1\">\n<li class=\"font-claude-response-body whitespace-normal break-words pl-2\">Oil stays supported as Hormuz deal hopes dim further on tit-for-tat reparations demands from Iran and Trump<\/li>\n<li class=\"font-claude-response-body whitespace-normal break-words pl-2\">Libya&#8217;s NOC declares force majeure at Zawiya refinery after armed clashes and storage tank fires, threatening El Sharara output<\/li>\n<li class=\"font-claude-response-body whitespace-normal break-words pl-2\">Russia&#8217;s Komsomolsk refinery in Khabarovsk Krai attacked, over 6,500km from Ukraine<\/li>\n<li class=\"font-claude-response-body whitespace-normal break-words pl-2\">FX subdued; AUD in focus ahead of RBA decision (2:30pm Sydney), hawkish hold expected<\/li>\n<li class=\"font-claude-response-body whitespace-normal break-words pl-2\">Kospi up circa 0.6% for a second day on Samsung strength; won stronger, foreigners net buyers<\/li>\n<li class=\"font-claude-response-body whitespace-normal break-words pl-2\">Japan closed for holiday; media reports firm September 18 BoJ hike expectations, yen little moved regardless<\/li>\n<li class=\"font-claude-response-body whitespace-normal break-words pl-2\">Singapore Q2 GDP beats at 5.9% y\/y, 2026 growth forecast raised to 4.5-5.5% on AI boom; MAS says policy stance remains appropriate<\/li>\n<\/ul>\n<p class=\"font-claude-response-body break-words whitespace-normal\" dir=\"ltr\">Oil remained supported in the absence of a Strait of Hormuz deal and with efforts to reopen the waterway dampened by tit-for-tat demands by Iran and US President Trump for reparations.<\/p>\n<p class=\"font-claude-response-body break-words whitespace-normal\" dir=\"ltr\">Further, Libya&#8217;s NOC declares force majeure at Zawiya refinery after clashes. Libya&#8217;s state-owned National Oil Corporation (NOC) declared force majeure at its 120,000 b\/d Zawiya refinery following clashes between armed groups. The refinery experienced fires after storage tanks were hit, threatening production at the El Sharara oil field.<\/p>\n<p class=\"font-claude-response-body break-words whitespace-normal\" dir=\"ltr\">Russia&#8217;s Komsomolsk Oil Refinery in Khabarovsk Krai came under attack. This is 6,500+ kms from Ukraine.<\/p>\n<p class=\"font-claude-response-body break-words whitespace-normal\" dir=\"ltr\">FX traded in subdued ranges. AUD traders are awaiting the RBA at 2:30pm Sydney time \/ 0430 GMT \/ 0030 US Eastern time, with Reserve Bank of Australia Governor Bullock&#8217;s press conference following an hour later. A hawkish hold is expected.<\/p>\n<ul style=\"box-sizing: inherit; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-variant-alternates: inherit; font-variant-position: inherit; font-weight: 400; font-stretch: inherit; font-size: 16px; line-height: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-language-override: inherit; vertical-align: baseline; border: 0; margin: 0 0 20px; padding: 0 0 0 19px; font-family: Inter, InterFallback, serif; list-style: outside; text-indent: -3px; color: rgba(0, 0, 0, 1); letter-spacing: normal; orphans: 2; text-transform: none; widows: 2; word-spacing: 0; white-space: normal; background-color: rgba(255, 255, 255, 1); text-decoration-style: initial; text-decoration-color: initial\">\n<li style=\"box-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-language-override: inherit; vertical-align: baseline; border: 0; margin: 0 0 4px; padding: 0\"><a class=\"article-link article-link article-link article-link\" target=\"_self\" href=\"https:\/\/investinglive.com\/central-banks\/heads-up-rba-preview-analysts-see-cash-rate-on-hold-at-4-35-tuesday\/\" style=\"box-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-language-override: inherit; vertical-align: baseline; border: 0; margin: 0; padding: 0; color: rgba(140, 77, 223, 1); cursor: pointer; text-decoration: underline; transition: 0.3s\" rel=\"follow\">RBA preview: Analysts see cash rate on hold at 4.35% Tuesday<\/a><\/li>\n<li style=\"box-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-language-override: inherit; vertical-align: baseline; border: 0; margin: 0 0 4px; padding: 0\"><a class=\"article-link article-link article-link article-link\" target=\"_self\" href=\"https:\/\/investinglive.com\/central-banks\/rba-preview-westpac-says-soft-q2-cpi-gives-rba-room-to-hold-at-4-35\/\" style=\"box-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-language-override: inherit; vertical-align: baseline; border: 0; margin: 0; padding: 0; color: rgba(140, 77, 223, 1); cursor: pointer; text-decoration: none; transition: 0.3s\" rel=\"follow\">RBA preview &#8211; Westpac says soft Q2 CPI gives RBA room to hold at 4.35%<\/a><\/li>\n<li style=\"box-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-language-override: inherit; vertical-align: baseline; border: 0; margin: 0 0 4px; padding: 0\">\n<p style=\"box-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-language-override: inherit; vertical-align: baseline; border: 0; margin: 0; padding: 0; transition: 0.3s; color: rgba(0, 0, 0, 1)\"><a class=\"article-link article-link article-link article-link article-link\" target=\"_self\" href=\"https:\/\/investinglive.com\/central-banks\/preview-rba-meet-tuesday-cba-expects-rba-to-hold-rates-through-the-rest-of-2026\/\" style=\"box-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-language-override: inherit; vertical-align: baseline; border: 0; margin: 0; padding: 0; color: rgba(140, 77, 223, 1); cursor: pointer; text-decoration: none; transition: 0.3s\" rel=\"follow\">Preview: RBA meet Tuesday. CBA expects RBA to hold rates through the rest of 2026<\/a><\/p>\n<\/li>\n<li style=\"box-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-language-override: inherit; vertical-align: baseline; border: 0; margin: 0 0 4px; padding: 0\"><a target=\"_self\" class=\"article-link article-link article-link\" href=\"https:\/\/investinglive.com\/forex\/mufg-opens-long-audjpy-at-111-20-targets-114-50-as-yen-intervention-debate-builds\/\" style=\"box-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-language-override: inherit; vertical-align: baseline; border: 0; margin: 0; padding: 0; color: rgba(140, 77, 223, 1); cursor: pointer; text-decoration: none; transition: 0.3s\" rel=\"follow\">MUFG opens long AUDJPY at 111.20, targets 114.50 as yen intervention debate builds<\/a><\/li>\n<li style=\"box-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-language-override: inherit; vertical-align: baseline; border: 0; margin: 0 0 4px; padding: 0\"><a target=\"_self\" class=\"article-link article-link\" href=\"https:\/\/investinglive.com\/central-banks\/preview-rba-to-stay-in-pause-and-observe-mode-td-securities-says-ahead-of-today-s-decision\/\" style=\"box-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-language-override: inherit; vertical-align: baseline; border: 0; margin: 0; padding: 0; color: rgba(140, 77, 223, 1); cursor: pointer; text-decoration: none; transition: 0.3s\" rel=\"follow\">Preview: RBA to stay in pause and observe mode, TD Securities says ahead of today&#8217;s decision<\/a><\/li>\n<\/ul>\n<ul style=\"box-sizing: inherit; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-variant-alternates: inherit; font-variant-position: inherit; font-weight: 400; font-stretch: inherit; font-size: 16px; line-height: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-language-override: inherit; vertical-align: baseline; border: 0; margin: 0 0 20px; padding: 0 0 0 19px; font-family: Inter, InterFallback, serif; list-style: outside; text-indent: -3px; color: rgba(0, 0, 0, 1); letter-spacing: normal; orphans: 2; text-transform: none; widows: 2; word-spacing: 0; white-space: normal; background-color: rgba(255, 255, 255, 1); text-decoration-style: initial; text-decoration-color: initial\">\n<li style=\"box-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-language-override: inherit; vertical-align: baseline; border: 0; margin: 0 0 4px; padding: 0\"><a target=\"_self\" class=\"article-link\" href=\"https:\/\/investinglive.com\/central-banks\/rba-set-to-hold-rates-today-but-markets-will-be-watching-the-fine-print\/\" style=\"box-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-language-override: inherit; vertical-align: baseline; border: 0; margin: 0; padding: 0; color: rgba(140, 77, 223, 1); cursor: pointer; text-decoration: none; transition: 0.3s\" rel=\"follow\">RBA set to hold rates today, but markets will be watching the fine print<\/a><\/li>\n<\/ul>\n<p class=\"font-claude-response-body break-words whitespace-normal\" dir=\"ltr\">South Korea&#8217;s Kospi rose for a second straight day, up around 0.6%, as Samsung Electronics jumped circa 3.6% while SK Hynix and LG Energy Solution slipped. Foreigners were net buyers and the won strengthened, even as broader sentiment stayed cautious on the Middle East conflict.<\/p>\n<p class=\"font-claude-response-body break-words whitespace-normal\" dir=\"ltr\">Japanese markets were closed for a holiday. Reports from Japanese media, citing unnamed sources, firmed expectations for a Bank of Japan September (18th) interest rate hike. The yen fell regardless, though only in a small range.<\/p>\n<p class=\"font-claude-response-body break-words whitespace-normal\" dir=\"ltr\">Singapore&#8217;s economy grew 5.9% year on year in Q2, beating forecasts, as the government raised its 2026 growth outlook to 4.5-5.5% from 2.0-4.0%, citing a stronger than expected AI investment boom offsetting a less severe than feared Middle East war impact. An official from Singapore&#8217;s central bank, the Monetary Authority of Singapore, said the country&#8217;s monetary policy stance remains appropriate.<\/p>\n<p class=\"font-claude-response-body break-words whitespace-normal\" dir=\"ltr\">\n<ul style=\"box-sizing: inherit; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-variant-alternates: inherit; font-variant-position: inherit; font-weight: 400; font-stretch: inherit; font-size: 16px; line-height: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-language-override: inherit; vertical-align: baseline; border: 0; margin: 0 0 20px; padding: 0 0 0 19px; font-family: Inter, InterFallback, serif; list-style: outside; text-indent: -3px; color: rgba(0, 0, 0, 1); letter-spacing: normal; orphans: 2; text-transform: none; widows: 2; word-spacing: 0; white-space: normal; background-color: rgba(255, 255, 255, 1); text-decoration-style: initial; text-decoration-color: initial\"><\/ul>\n<p>                            This article was written by Eamonn Sheridan at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Singapore doubles 2026 growth outlook to 4.5-5.5% on tech cycle upgrade Rupee set to open weaker as oil pressure builds, RBI support in focus Sources: BoJ could raise rates again at September&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-435961","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/435961","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=435961"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/435961\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=435961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=435961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=435961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}