Monthly Archives: August 2026
41654156156Oil Extends Gains as Tougher Iran Sanctions and Weak Dollar Support Prices
Written on August 24, 2026 at 10:26 am, by pumarketings
Key Takeaways: *Crude oil retreats slightly after testing a key resistance level *Profit-taking and technical correction weigh on prices after two weeks of gains *U.S.–Iran tensions continue to support oil’s broader bullish bias *Markets await details of Washington’s proposed sanctions against Iran Market Summary: Crude oil prices retreated slightly after hitting a key resistance level,Continue Reading
Gold Extends Gains as Treasury Buyback Concerns Weigh on US Dollar
Written on August 24, 2026 at 9:51 am, by pumarketings
Key Takeaways: *US dollar continues to weaken as markets digest the Treasury’s bond-buyback programme *Investors are increasingly pricing in a debasement trade amid concerns over US debt sustainability *Treasury intervention highlights Washington’s sensitivity to elevated long-term yields *Gold remains supported as institutional investors reassess exposure to bonds and alternative stores of value Market Summary: TheContinue Reading
Wall Street Faces Yield Pressure as Nvidia and Fed Take Center Stage
Written on August 24, 2026 at 9:09 am, by pumarketings
Key Takeaways: *Wall Street remains cautious after last week’s yield-driven pullback, with the Nasdaq under greater pressure than the Dow. *Higher Treasury yields remain the biggest headwind, particularly for high-valuation technology and AI stocks. *Nvidia earnings are the key near-term catalyst, with strong guidance potentially reviving the AI rally while disappointment could trigger further techContinue Reading
