Yearly Archives: 2026
41654156156Pound Holds Firm as Hawkish BoE, Resilient Data Set Stage for GDP Test
Written on August 12, 2026 at 9:37 am, by pumarketings
Key Takeaways: *The Pound Sterling has outperformed many G10 currencies, supported by a series of stronger-than-expected UK economic releases that have reinforced confidence in the domestic outlook. *The latest Bank of England meeting delivered a 6-3 vote split to hold rates, with a larger hawkish minority supporting further tightening. This has helped underpin sterling byContinue Reading
Wall Street Awaits CPI Catalyst After Dovish Fed Pause Pushes Stocks to Records
Written on August 12, 2026 at 9:18 am, by pumarketings
Key Takeaways: *The Dow Jones, S&P 500, and Nasdaq posted strong gains last week on softer U.S. labour data, but momentum has slowed as investors await today’s CPI report. *Following a weak Nonfarm Payrolls report, markets are increasingly pricing in a steady Fed policy stance. A softer-than-expected CPI reading could further support rate-cut expectations, lowerContinue Reading
Chart the Market (12/08/2026)
Written on August 12, 2026 at 6:06 am, by pumarketings
AUDNZD, H4: AUD/NZD found strong support near the 1.1940 level, where the pair formed a double-bottom pattern, signaling that downside momentum may be fading. Following the formation of this bullish reversal pattern, the pair staged a technical rebound and has gained nearly 1% from its recent low. Despite the recovery, AUD/NZD is now approaching aContinue Reading
