Monthly Archives: June 2025
41654156156Nasdaq Hits Record High Amid Mixed Market Signals
Written on June 26, 2025 at 3:49 am, by pumarketings
Key Takeaways: *Sentiment improved in the equity market with Nvidia sky-rocketed to a new all-time high. *The market pays attention to the U.S. GDP and the Friday PCE reading to gauge the direction of the Nasdaq. Market Summary: The Nasdaq Composite edged up 61 points to close at a fresh all-time high in the lastContinue Reading
Gold Steady as Geopolitics Ease, Fed in Focus
Written on June 26, 2025 at 3:43 am, by pumarketings
Key Takeaways: *Gold range-bound as Middle East ceasefire tempers safe-haven demand *Fed policy uncertainty and Core PCE data keep traders on edge *Long-term support remains on U.S. fiscal risks and dollar weakness Market Summary: Gold prices remain confined within a tight range as investors digest mixed macro signals, with tentative Middle East de-escalation capping safe-havenContinue Reading
Dollar Pressured Ahead of PCE Data
Written on June 26, 2025 at 3:37 am, by pumarketings
Key Takeaways: *U.S. Core PCE Price Index (Due Today) *Potential U.S.-Iran diplomatic meeting next week *Fed leadership speculation and Trump-Powell tensions Market Summary: The global market landscape shifted toward risk-on sentiment as diplomatic signals emerged from both Washington and Tehran. U.S. President Donald Trump announced that he may meet with Iranian officials next week toContinue Reading
