Monthly Archives: July 2026
41654156156Gold Slips as Dollar, Real Yields Override Haven Demand
Written on July 9, 2026 at 7:08 am, by pumarketings
Key Takeaways: *Gold extended its decline as a stronger U.S. Dollar and rising Treasury yields outweighed safe-haven demand, pushing prices below the key $4,100 level. *Higher oil prices have reignited inflation concerns, reinforcing expectations of a higher-for-longer Fed policy stance and increasing the opportunity cost of holding non-yielding gold. *Gold is expected to trade inContinue Reading
Yen’s Near-Term Volatility Persists, But Policy Pivot Offers Glimmer of Hope
Written on July 9, 2026 at 7:05 am, by pumarketings
Key Takeaways *The Japanese Yen is expected to trade with a weak-to-range-bound bias as investors focus on BoJ guidance, Japanese bond auctions, U.S. economic data, and oil price movements. *A more hawkish Bank of Japan or stronger domestic bond demand could provide temporary support by reinforcing expectations for further policy normalization. *While additional BoJ tighteningContinue Reading
Chart the Market (09/07/2026)
Written on July 9, 2026 at 6:50 am, by pumarketings
Nasdaq, H4: Nasdaq Composite is showing signs of recovering after rebounding from its recent low near 28,700.00. The rebound suggests that buying interest has emerged at lower levels, allowing the index to stage a short-term recovery following the recent sell-off. Despite the improvement in price action, the Nasdaq is now approaching a critical technical hurdleContinue Reading
