Yearly Archives: 2026
41654156156Yen Rebounds as October BoJ Hike Speculation Builds
Written on September 28, 2026 at 6:39 am, by pumarketings
Key Takeaways: *The Japanese yen recovered as markets increased speculation over another BoJ rate hike in October. *The BoJ recently raised its policy rate to 1.25%, the highest level in more than three decades. *Former BoJ executive Kazuo Momma said the central bank could raise rates for a second straight month in October, earlier thanContinue Reading
Oil Rebounds as US–Iran Talks Stall Over Strait of Hormuz
Written on September 28, 2026 at 6:35 am, by pumarketings
Key Takeaways *Crude oil rebounded more than 1% after the latest US–Iran negotiations failed to produce an agreement. *President Trump rejected Iran’s proposal to reopen the Strait of Hormuz under Tehran’s requested conditions. *Brent climbed toward $106 per barrel as traders rebuilt part of the geopolitical risk premium. *Negotiations are expected to resume this week,Continue Reading
Fed Hike Expectations Support Dollar as Gold Stays Under Pressure
Written on September 28, 2026 at 6:33 am, by pumarketings
Key Takeaways: *The US dollar remains firm as markets continue to price another Federal Reserve rate hike in October. *Elevated long-term Treasury yields continue to support demand for the greenback. *Cleveland Fed President Beth Hammack said higher yields reflect stronger growth expectations and expectations for further tightening. *Gold remains under pressure as higher yields increaseContinue Reading
