Monthly Archives: August 2026
41654156156Aussie on Edge as RBA Set to Hold — But Tone Will Drive Reaction
Written on August 11, 2026 at 10:40 am, by pumarketings
Key Takeaways: *The RBA is widely expected to keep the cash rate unchanged at 4.35%. Market attention will be on the policy statement, economic forecasts, and Governor Bullock’s comments for clues on future policy direction. *The Australian dollar has largely followed broader risk sentiment and U.S. dollar movements in recent sessions, with limited domestic driversContinue Reading
Wall Street Consolidates Near Record Highs Ahead of CPI
Written on August 11, 2026 at 9:17 am, by pumarketings
Key Takeaways: *Wall Street remained in cautious consolidation near record highs as investors awaited US CPI and assessed renewed oil-driven inflation risks. *Higher oil prices could lift inflation and yields, creating greater pressure on the Nasdaq and growth stocks. *The AI investment cycle remains supportive, with Nvidia and major financial firms targeting over $500 billionContinue Reading
Oil Surges as Strait of Hormuz Stays Blocked, SPR Draws Raise Supply Fears
Written on August 11, 2026 at 8:58 am, by pumarketings
Key Takeaways: *Brent crude has climbed back toward $85 per barrel as hopes for a quick resolution to disruptions in the Strait of Hormuz continue to fade. *Ongoing regional tensions, including reported attacks on Saudi energy infrastructure, have reinforced fears of prolonged supply disruptions and added a significant risk premium to crude oil prices. *TheContinue Reading
