Monthly Archives: August 2026
41654156156Dollar Near Multi-Month Lows as Rising Treasury Yields Cap Gold’s Upside
Written on August 18, 2026 at 3:11 am, by pumarketings
Key Takeaways: *The US Dollar Index remains near multi-month lows as weaker NFP, inflation and retail-sales data reduce expectations of further Fed tightening. *Markets currently price only around a 35% probability of a September Fed rate hike. *The US 30-year Treasury yield climbed above 5.32%, its highest level since 2007, reflecting concerns over fiscal sustainabilityContinue Reading
Chart the Market (18/08/2026)
Written on August 18, 2026 at 2:55 am, by pumarketings
BTC, H4: Bitcoin is currently trading within an asymmetric triangle price pattern, with price volatility narrowing further in recent sessions. The contracting range suggests that the market is approaching a potential directional breakout, as both buying and selling pressure remain relatively balanced. The latest price action shows that BTC has been rejected near the upperContinue Reading
Wall Street Faces Pressure as Oil and Yields Rise
Written on August 18, 2026 at 2:30 am, by pumarketings
Key Takeaways: *Wall Street turned cautious as rising oil prices and Treasury yields pressured stocks, with all three major indexes closing lower. *Middle East tensions and higher oil prices revived inflation concerns, while the 30-year Treasury yield hit its highest level since 2007. *AI and semiconductor stocks remained resilient, but weakness in software and mega-capContinue Reading
