Monthly Archives: August 2026
41654156156Oil Prices Fall as Record US Inventory Build Offsets Iran Supply Risks

Written on August 13, 2026 at 7:34 am, by pumarketings
Key Takeaways: *US crude inventories surged by 17.4 million barrels, the largest weekly increase in around three and a half years. *The massive inventory build raised concerns over weaker near-term oil demand and softer export activity. *US–Iran negotiations remain deadlocked, keeping supply risks around the Strait of Hormuz elevated. Market Summary: Crude oil prices edgedContinue Reading
US Dollar Consolidates as Gold Holds Near Two-Month High Ahead of PPI

Written on August 13, 2026 at 7:29 am, by pumarketings
Key Takeaways: *US CPI eased to 3.4% from 3.5%, broadly matching expectations. *The lack of an inflation surprise leaves the US dollar without a clear directional catalyst. *Markets reduced the probability of a September Fed rate hike to around 40% after the CPI release. Market Summary: The US Dollar Index remained relatively flat after JulyContinue Reading
Chart the Market (13/08/2026)

Written on August 13, 2026 at 7:26 am, by pumarketings
BTC, H4: Bitcoin previously broke below its ascending channel, signaling a bearish structural break and suggesting that the broader uptrend has lost momentum. The breakdown marked a shift in market sentiment, with sellers gaining control after an extended period of bullish price action. Although BTC subsequently staged a technical rebound, the recovery lacked conviction asContinue Reading
