Monthly Archives: July 2026
41654156156Loonie Surges on Softer U.S. CPI, BoC Hawks in Focus
Written on July 15, 2026 at 6:10 am, by pumarketings
Key Takeaways: *The pair fell more than 0.5% after weaker-than-expected U.S. CPI data reduced expectations for aggressive Fed tightening, weighing on the U.S. Dollar. *Escalating Middle East tensions have lifted crude oil prices, providing a boost to the Canadian Dollar as Canada benefits from stronger energy exports. *While the Bank of Canada is expected toContinue Reading
Chart the Market (15/07/2026)
Written on July 15, 2026 at 6:03 am, by pumarketings
ETH, H4: Ethereum has generated a strong bullish signal after breaking above its week-long consolidation range near the $1,800 level. The breakout confirms renewed buying interest and suggests that the recent period of sideways trading has resolved to the upside. Following the breakout, ETH climbed to its highest level since early June, reinforcing the bullishContinue Reading
SK Hynix ADR Hype Fades as Korean Chip Slump, CPI Jitters Grip Nasdaq
Written on July 14, 2026 at 8:57 am, by pumarketings
Key Takeaways: *Weakness in SK Hynix and Samsung Electronics shares ahead of the ADR debut has dampened optimism, weighing on semiconductor stocks and limiting support for the Nasdaq. *Escalating U.S.-Iran tensions have fueled inflation and supply chain concerns, driving investors away from high-growth technology stocks toward defensive assets. *Today’s U.S. CPI report is the keyContinue Reading
