Yearly Archives: 2026
41654156156Oil Falls as Middle East Export Recovery Eases Supply Concerns
Written on September 30, 2026 at 6:41 am, by pumarketings
Key Takeaways: *Crude oil settled around 2.5% lower on Tuesday as improving Middle East exports eased supply concerns. *Saudi Arabia resumed tanker loadings from Yanbu after restarting the East-West Pipeline. *Middle East crude exports rose to around 16.33 million barrels per day in September, the highest since the conflict began. *Stronger Saudi and regional exportsContinue Reading
Dollar Extends Gains as Gold Rebounds Ahead of Key US Data
Written on September 30, 2026 at 6:38 am, by pumarketings
Key Takeaways: *The Dollar Index extended its gains and is on track for its best monthly performance since June. *The US 30-year Treasury yield climbed to its highest level since 2002. *Markets are pricing nearly 100 basis points of additional Fed tightening over the next 12 months. *Attention now turns to PCE inflation and NonfarmContinue Reading
Aussie Slips as Bullock Tempers Hike Expectations
Written on September 30, 2026 at 6:36 am, by pumarketings
Key Takeaways *AUD/USD fell below 0.7000 despite the RBA raising rates by 25 basis points to 4.60% and maintaining a hawkish policy statement. *Governor Michele Bullock’s cautious remarks reduced expectations for a November hike, while elevated U.S. yields and dollar strength added pressure. *Hotter Australian inflation could revive tightening bets, but a softer reading mayContinue Reading
