Forex Signals Brief for Aug 14: Alibaba, QUBT, TMC Stocks and Earnings in Spotlight
Investors are watching Alibaba, QUBT and TMC earnings announcements today, with companies spanning e-commerce, quantum technology, and...

Quick overview
- Investors are closely monitoring earnings announcements from Alibaba, QUBT, and TMC, which could impact their respective sectors.
- The US dollar has weakened as traders anticipate interest rate cuts, with a 100% probability for September.
- US equities have reached new highs, driven by expectations of rate cuts, while oil prices continue to decline.
- UK GDP growth is projected to slow, with quarterly GDP expected to drop to 0.1%, although some forecasts suggest a more optimistic outlook.
Live BTC/USD Chart
Investors are watching Alibaba, QUBT and TMC earnings announcements today, with companies spanning e-commerce, quantum technology, and metals exploration set to report results that could sway their respective market sectors.
USD Weakness Amid Lower Yields and Policy Divergence
The US dollar weakened against major counterparts today as Treasury yields slipped and traders priced in a near certainty of interest rate cuts. Market expectations now put the probability of a September cut at 100%, with October’s odds rising to 67% and December’s to 56%.
While the market is clearly leaning toward imminent easing, several Federal Reserve policymakers are offering a more measured outlook. Atlanta Fed President Raphael Bostic, for example, has stressed patience, noting that the labor market remains robust and that there is no urgency to move on rates.
Bostic’s Economic Outlook
Bostic’s Atlanta Fed GDPNow model currently projects 2.5% growth for Q3, with an update expected Friday. Persistent price pressures in slower-moving inflation categories may be influencing his cautious stance. Notably, the Atlanta Fed’s sticky-price CPI accelerated to a 4.6% annualized pace in July, up from 4.3% in June, and stands 3.4% higher year-on-year—reinforcing the argument for holding rates steady a bit longer.
Equities Extend Gains to New Highs
- US equities continued their upward march as investors bet on eventual rate cuts. The small-cap Russell 2000 index has surged nearly 5% over the past two sessions, while both the NASDAQ and S&P 500 closed at record highs once again.
- Dow Jones Industrial Average: +1.04%
- S&P 500: +0.32%
- NASDAQ: +0.14%
Crude Oil Weakness
Oil prices extended their decline, moving further away from the 100-day moving average of $64.77. WTI crude settled at $62.75, down $0.43 from yesterday’s close.
Key Market Events for Today
UK GDP Data in Focus
Traders are also watching the UK economy, where GDP growth is expected to slow sharply. Quarterly GDP is projected to drop to 0.1% from 0.7%, while monthly GDP is seen rising modestly to 0.1% from -0.1%. Investec, however, is more optimistic, forecasting +0.3% due to firmer manufacturing activity, which would translate to Q2 growth of 0.2% and an annual expansion of around 1.2%–1.3% in 2025.
Key Q2 Earnings Reports Scheduled for Release Today
Alibaba Group Holding Limited (BABA)
- Report Timing: Before Market Open (BMO)
- Quarter: Q1 Fiscal 2026
- Expected EPS: 15.47
- Market Focus: As one of China’s largest e-commerce and cloud service companies, Alibaba’s results will offer insight into Chinese consumer spending, international expansion, and ongoing regulatory pressures.
Quantum Computing Inc. (QUBT)
- Report Timing: After Market Close (AMC)
- Quarter: Q2 2025
- Expected EPS: -0.06
- Market Focus: Results will be closely watched for updates on R&D progress, commercialization timelines, and strategic partnerships in the emerging quantum computing space.
TMC the metals company Inc. (TMC)
- Report Timing: After Market Close (AMC)
- Quarter: Q2 2025
- Expected EPS: -0.05
- Market Focus: With operations centered on deep-sea mining for battery metals, TMC’s report may provide important clues on production timelines, regulatory approvals, and EV supply chain positioning.
Last week, markets were quite volatile once, with gold retreating and then bouncing to finish the week close to $4,000 but yesterday it retreated again. EUR/USD continued the upward move toward 1.17, while main indices closed higher. The moves weren’t too big though, and we opened 35 trading signals in total, finishing the week with 23 winning signals and 12 losing ones.
Gold Rejected at $3,400 Again
Gold prices remain firm just below the $3,500/oz mark after briefly dipping to $3,268 following last week’s FOMC decision to hold rates steady. Support from the 20-week SMA and softer US unemployment figures have helped bulls maintain control, with the $3,450–$3,500 zone now a key breakout target.
Japanese Yen Volatility
The dollar briefly breached ¥150 earlier this week amid shifting rate differentials and Japanese capital flows. However, softer US jobs data prompted profit-taking and a rapid yen rebound, pushing USD/JPY down by about four yen.
USD/JPY – Weekly Chart
Cryptocurrency Update
Bitcoin Retests the highs above $122K and Fails
Bitcoin has rebounded sharply from sub-$112,000 levels to trade at a new record high of $123,350, buoyed by support at the 50-day SMA, which has now established the $112K area as a strong technical floor, so the uptrend remains intact.
BTC/USD – Weekly chart
Ethereum Nears Record Highs Too
Ethereum has outperformed in recent weeks, climbing past its 2024 highs to $4,300, the strongest level since 2021. With bullish chart patterns and renewed institutional buying, ETH could challenge its all-time high of $4,860, though much of the rally is still being driven by retail enthusiasm.
ETH/USD – Daily Chart
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