Monthly Archives: August 2025
41654156156Wall Street Rally Stalls as Nasdaq Slumps Ahead of Jackson Hole
Written on August 20, 2025 at 5:53 am, by pumarketings
Key Takeaways: *Nasdaq slumped over 300 points as rate-sensitive tech stocks bore the brunt of selling. *Sticky inflation and strong wage growth dampened hopes for a September rate cut. *Investors eye FOMC minutes and Powell’s Jackson Hole speech for policy clues. Market Summary: U.S. equity markets closed lower in the previous session, led by aContinue Reading
Chart the Market (20/08/2025)
Written on August 20, 2025 at 5:48 am, by pumarketings
GBPUSD, H4: The GBPUSD has lost steam after its recent rally stalled at the 1.3585 high, with price action now shifting into a lower-high, lower-low formation that signals a bearish tilt. The pair is edging toward the critical 1.3420 support level, where a decisive break lower would mark a clear departure from its previous bullishContinue Reading
Chart the Market (19/08/2025)
Written on August 19, 2025 at 6:12 am, by pumarketings
BTC, H4: Bitcoin (BTC) is attempting to stabilize after a steep selloff, with the price currently trading near $115,975 following a brief rebound from the $114,817 support zone. Despite the recovery, the broader trend remains under pressure as BTC struggles to reclaim the 23.6% Fibonacci retracement level at $117,672. A sustained break above this thresholdContinue Reading
