Yearly Archives: 2026
41654156156Dollar Holds Firm as Geopolitical Risks Support Safe-Haven Demand
Written on July 21, 2026 at 6:15 am, by pumarketings
Key Takeaways: *The US dollar remained firm, with the DXY holding near 101.0, supported by safe-haven demand amid escalating Middle East tensions. *US-Iran conflict intensified, including continued US strikes on Iranian targets and Houthi threats to Saudi shipping, raising concerns over potential disruptions to the Strait of Hormuz and global energy supplies. *Gold traded aroundContinue Reading
Wall Street Slips as Middle East Tensions Overshadow Earnings Optimism
Written on July 21, 2026 at 6:14 am, by pumarketings
Key Takeaways: *Wall Street closed lower, with the Dow Jones (-0.59%), S&P 500 (-0.19%), and Nasdaq (-0.05%) declining as geopolitical tensions dampened investor sentiment. *Escalating US-Iran conflict and Houthi threats to Saudi shipping pushed Brent crude above US$90/barrel, raising concerns over global energy supplies and inflation. *Higher oil prices lifted Treasury yields, reinforcing expectations thatContinue Reading
Euro Faces Crossroads as Soft Inflation Tests ECB’s Hawkish Resolve
Written on July 21, 2026 at 6:12 am, by pumarketings
Key Takeaways: *The Euro has outperformed most G10 currencies after the ECB’s recent rate increase, with higher eurozone yields attracting investor demand. *Weaker-than-expected July inflation has reduced expectations for further aggressive tightening, raising uncertainty over the ECB’s policy path. *Markets expect the ECB to keep rates unchanged, but President Lagarde’s guidance will be key. AContinue Reading
