Monthly Archives: May 2026
41654156156Dollar Climbs on Strong Economic Data While Gold Extends Losses
Written on May 18, 2026 at 6:01 am, by pumarketings
Key Takeaways *U.S.–China meeting remained constructive but delivered limited market impact *Strong U.S. economic and inflation data continue supporting the dollar *Gold falls for a fourth consecutive session as USD strengthens Market Summary The US dollar index, which tracks the greenback against a basket of six major currencies, extended its gains and headed for itsContinue Reading
Crypto Market Reverses from CLARITY Act Optimism
Written on May 18, 2026 at 5:59 am, by pumarketings
Key Takeaways *Bitcoin drops below $79,000 as crypto sentiment weakens, with total market capitalization falling below $2.7 trillion amid broad-based selling pressure. *Rising Treasury yields and sticky inflation fears outweigh CLARITY Act optimism, reinforcing risk-off sentiment and delaying expectations for monetary easing. *Over $500 million in leveraged liquidations and ETF outflows accelerated downside momentum, withContinue Reading
Wall Street Faces Pressure as Oil Shock Revives Inflation Fears
Written on May 18, 2026 at 5:58 am, by pumarketings
Key Takeaways *Rising tensions and ongoing Strait of Hormuz disruptions continue driving oil prices sharply higher, keeping inflation concerns elevated globally. *Hotter-than-expected U.S. inflation data and surging oil prices have pushed Treasury yields higher, strengthening expectations that the Federal Reserve may keep rates elevated for longer. Market Summary Wall Street fundamentals have turned more cautiousContinue Reading
