

Currencies · Elite Academy Desk · August 19, 2026
Dollar mostly flat amid pared Fed rate hike bets, bond sell-off, and rising oil
Elite Academy Desk — here is a clear take on the latest market development for traders following the story.
August 13, 2026, 3:58 AM EDT. The UAE has reportedly unlocked billions of dollars in previously frozen Iranian assets, including 1.5 tonnes of gold flown out on UAE Royal Jet aircraft. This move saw Bitcoin rebound by 1% to trade close to $63,900, as oil prices slipped, trading around $82 per barrel. The drop in oil comes amid optimism over the possible reopening of the Strait of Hormuz and geopolitical developments involving both the US and Iran. UAE Reportedly Released Iran’s Frozen Assets Worth Billions of Dollars, Bitcoin Rebounds August 13, 2026, 3:57 AM EDT. Glencore LSE:GLEN equities have climbed, with a £5,000 stake now standing at roughly £9,700 after one year, not counting the $0.22 per share dividend. Among the main drivers are robust copper output amid resilient long-term demand, a sharply rising commodities trading unit with EBIT up 142% in H1 2026, and a planned secondary listing on Australia’s ASX in October aimed at attracting substantial capital and enhancing market liquidity. £5,000 invested in Glencore equities a year ago is now worth… August 13, 2026, 3:56 AM EDT. Drone strikes by Ukraine on Russian oil refineries have pushed fuel prices higher by 16%-18% this year, pushing trucking costs up 4.5%-5.5%. In July, freight rates climbed 12%-15%, with some parts of Russia facing increases of up to 50%. These pricing pressures, together with higher road tolls, driver shortages, and rising demand, are stoking inflation across Russia’s long-haul trucking sector and affecting Chinese cargo deliveries. Ukrainian drone strikes push up Russian trucking costs, stoking inflation August 13, 2026, 3:55 AM EDT. Janus Henderson Japan High Conviction Equity UCITS ETF declared a net asset value of JPY 1,193,377,527.02 and a per share figure of JPY 159.117 on August 12, 2026 . The fund recorded 7.5 million equities in circulation, with no redemptions since its last valuation. August 13, 2026, 3:54 AM EDT. Franco-Nevada (TSE:FNV) climbed above its 200-day moving average of C$325.75, peaking at C$335.51 before ending the session at C$329.39 on volume of 472,242 equities. The company posted a quarterly EPS of C$2.57 and revenue of C$825.33 million on August 11. FNV received several Strong Buy upgrades from analysts, with price targets reaching as high as C$420. The stock’s market capitalization stands at C$63.52 billion and it trades at a P/E ratio of 46.39. Franco-Nevada (TSE:FNV) Stock Price Passes Above 200 Day Moving Average August 13, 2026, 3:53 AM EDT. Intact Financial (TSE:IFC) equities moved above their 200-day moving average of C$268.17, reaching as much as C$277.59 as 708,004 equities were traded. Analyst opinions remain mixed: Jefferies boosted its price target to C$351 and maintained a buy recommendation, but Raymond James and CIBC made slight reductions to their targets. The average analyst target price stands at C$331.09 with a “Moderate Buy” rating. The firm posted a quarterly EPS of C$4.33 and total revenue of C$5.94 billion. Intact Financial (TSE:IFC) Stock Price Passes Above 200-Day Moving Average August 13, 2026, 3:52 AM EDT. equities of ASOS Plc (LON:ASC) climbed above the 200-day moving average of GBX 279.44, hitting GBX 398.50. Analysts from Deutsche Bank, Berenberg Bank, Shore Capital, RBC, and JPMorgan revised their price targets, with Berenberg issuing the highest target at GBX 600. The stock maintains a “Moderate Buy” rating and a consensus target of GBX 375.86. Insider William Barker acquired 89,691 equities at GBX 229. ASOS operates as a global online fashion retailer. ASOS (LON:ASC) Stock Price Crosses Above Two Hundred Day Moving Average August 13, 2026, 3:51 AM EDT. Imperial Oil Limited (TSE:IMO) equities have moved above their 200-day moving average of C$169.26, trading up to C$182.00 on volume of 721,731 equities. Analysts remain divided with a consensus ‘Reduce’ rating and an average target of C$143.25. Imperial Oil noted Q2 earnings per share of C$4.52 and issued a quarterly dividend of $0.87, yielding 1.9%. The firm’s market capitalization is C$88.01 billion and carries a P/E ratio of 21.26. Imperial Oil (TSE:IMO) Stock Passes Above 200 Day Moving Average August 13, 2026, 3:39 AM EDT. Vanguard CEO Salim Ramji aims to expand the company’s low-cost, high-return approach outside of ETFs, targeting areas like cash savings, financial advice, and active fixed income as part of a strat

