Monthly Archives: August 2026
41654156156US Equities Pull Back as Oil Risks and NFP Caution Trigger Profit-Taking

Written on August 7, 2026 at 10:59 am, by pumarketings
Key Takeaways: *Wall Street ended slightly lower as investors paused after a strong weekly rally *Rising oil prices and caution ahead of the US jobs report weighed on sentiment *Nasdaq remained supported by the broader recovery in technology shares *Earnings reactions pressured selected AI-linked hardware and software stocks Market Summary: U.S. equities retreated slightly onContinue Reading
Crude Oil Rebounds as Renewed Hormuz Transit Concerns Revive Supply Risks

Written on August 7, 2026 at 10:53 am, by pumarketings
Key Takeaways: *Crude oil prices rebound as new Strait of Hormuz transit concerns emerge *Proposed Iranian restrictions raise doubts over a smooth reopening of the waterway *Shipping and insurance challenges may complicate the Iran–Oman passage plan *Oil’s geopolitical risk premium returns as traders reassess supply disruption risks Market Summary: Crude oil prices rebounded as freshContinue Reading
Chart the Market (07/08/2026)

Written on August 7, 2026 at 10:09 am, by pumarketings
Dollar Index, H4: The Dollar Index (DXY) remains under notable bearish pressure after failing to sustain gains above the 101.30 resistance area. The index has broken below its medium-term ascending trendline and fallen beneath the 100.75 and 100.20 support levels, signalling a clear deterioration in the broader bullish structure. DXY is currently trading around 99.70Continue Reading
