{"id":436541,"date":"2026-08-19T18:43:24","date_gmt":"2026-08-19T11:43:24","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/investinglive-european-session-wrap-dollar-cools-on-mixed-markets-uk-inflation-picks-up-in-july-436541\/"},"modified":"2026-08-19T18:43:24","modified_gmt":"2026-08-19T11:43:24","slug":"investinglive-european-session-wrap-dollar-cools-on-mixed-markets-uk-inflation-picks-up-in-july","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/investinglive-european-session-wrap-dollar-cools-on-mixed-markets-uk-inflation-picks-up-in-july-436541\/","title":{"rendered":"investingLive European session wrap: Dollar cools on mixed markets, UK inflation picks up in July"},"content":{"rendered":"<div>\n<p>Headlines:<\/p>\n<ul>\n<li><a href=\"https:\/\/investinglive.com\/news\/uk-headline-inflation-picks-up-in-july-core-prices-hold-steady\" rel=\"follow\">UK headline inflation picks up in July, core prices hold steady<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/news\/euro-area-inflation-confirmed-to-nudge-up-a-little-in-july\" rel=\"follow\">Euro area inflation confirmed to nudge up a little in July<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/central-banks\/fomc-meeting-minutes-in-focus-in-the-day-ahead\" rel=\"follow\">FOMC meeting minutes in focus in the day ahead<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/central-banks\/ecb-policymaker-rehn-says-no-clear-signs-of-second-round-effects-just-yet\" rel=\"follow\">ECB policymaker Rehn says no clear signs of second-round effects just yet<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/cryptocurrency\/bitcoin-price-analysis-the-critical-crypto-chart-between-64k-and-65k\" rel=\"follow\">Bitcoin Price Analysis: The Critical Crypto Chart Between $64K and $65K<\/a><\/li>\n<\/ul>\n<p>Markets:<\/p>\n<ul>\n<li>WTI crude oil +0.8% to $85.60<\/li>\n<li>Gold +0.8% to $4,369<\/li>\n<li>JPY leads, AUD lags on the day<\/li>\n<li>European equities little changed; S&amp;P 500 futures flat<\/li>\n<li>US 10-year yields down 1 bps to 4.696%<\/li>\n<li>Bitcoin down 0.1% to $64,459<\/li>\n<\/ul>\n<p style=\"text-align: justify\" class=\"text-align-justify\">It was a quieter session as markets continue to move along, still awaiting on how things will play out in the Middle East.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">US-Iran tensions continue to linger and that&#8217;s keeping the broader market mood and outlook on edge, in waiting on whether the conflict will escalate further or if there will be any positive signals.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">For now, the status quo continues to complicate things as we see some mixed market moves on the day. Oil prices are holding higher with WTI crude up 0.8% to $85.60 and Brent crude up 0.7% to $91.63.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">Meanwhile, the dollar is seen on the softer side again in European morning trade as bond yields fall off slightly too. EUR\/USD is up 0.2% to 1.1600 and USD\/JPY down 0.3% to 159.15 on the day. That comes as 10-year Treasury yields are down another 1 bps to 4.696% after the overnight fall.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">In terms of economic releases, we did get UK inflation data for July. And that is seen holding a little higher than estimated, which keeps the door open for a BOE rate hike by year-end. GBP\/USD is up 0.1% to 1.3547, not all too much higher from before the data release.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">In other markets, equities remain more tepid with European indices keeping little changed for the most part. And after some pressure on Wall Street yesterday and a continued selloff in Asia today, US futures are keeping lightly changed for now. But as we get to the open later, tech shares will once again come under scrutiny &#8211; especially semiconductors. So, keep an eye out for that.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">\n<p>                            This article was written by Justin Low at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Headlines: UK headline inflation picks up in July, core prices hold steady Euro area inflation confirmed to nudge up a little in July FOMC meeting minutes in focus in the day ahead&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-436541","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/436541","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=436541"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/436541\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=436541"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=436541"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=436541"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}