Monthly Archives: July 2026
41654156156Gold Remains Below $4,000 as Dollar Holds Firm, Eye on NFP
Written on July 1, 2026 at 7:42 am, by pumarketings
Key Takeaways: *Dollar Index stays steady as markets await U.S. jobs data *Nonfarm Payrolls may shape the next move in Treasury yields and Fed expectations *Gold remains pressured below $4,000 as USD strength and risk-on sentiment weigh Market Summary: The Dollar Index, which tracks the greenback against a basket of six major currencies, remained relativelyContinue Reading
Wall Street Extends Record Rally as AI Momentum Drives Historic Quarter
Written on July 1, 2026 at 7:39 am, by pumarketings
Key Takeaways: *Wall Street closed H1 2026 at record highs, led by AI and semiconductor stocks despite valuation concerns. *The Nasdaq and S&P 500 delivered their strongest quarterly gains since 2020, reflecting sustained AI-driven optimism. *Easing US-Iran tensions and lower oil prices improved risk sentiment by reducing inflation and supply disruption fears. Market Summary: WallContinue Reading
Euro Tries to Shake Off Bearish Grip as CPI Poses Key Test
Written on July 1, 2026 at 7:18 am, by pumarketings
Key Takeaways: *The Euro has shown signs of recovery after the ECB raised interest rates by 25 basis points, boosting confidence in the single currency and providing support against major peers. *Shares of Strategy Inc. (MSTR), Coinbase, and Bitmine have fallen alongside crypto prices, reflecting heightened concerns over corporate exposure to digital assets and reinforcingContinue Reading
