Monthly Archives: June 2026
41654156156Dollar Strengthens as Inflation Concerns Outweigh Gold’s Safe-Haven Appeal

Written on June 11, 2026 at 6:30 am, by pumarketings
Key Takeaways: *Escalating US-Iran tensions continue driving safe-haven demand, supporting the US dollar while keeping global markets on edge. *The US dollar remains supported by a combination of geopolitical uncertainty, resilient economic data, and persistent inflation pressures. *Gold continues to struggle despite heightened geopolitical risks as rising Treasury yields and a stronger US dollar weighContinue Reading
SpaceX Sets for Record $75 Billion IPO Debut

Written on June 11, 2026 at 6:24 am, by pumarketings
Key Takeaways: *SpaceX is set to debut on Nasdaq tomorrow under ticker SPCX, priced at $135 per share with a valuation near $1.8 trillion. *The IPO was reportedly 4x oversubscribed, with robust institutional participation and an unusually large retail allocation. *Pre-IPO trading above $160 suggests potential for a strong first-day premium. However, traders should prepareContinue Reading
Trump’s Iran Vow, Hottest CPI in 3 Years Hammer Wall Street

Written on June 11, 2026 at 6:23 am, by pumarketings
Key Takeaways: *Escalating U.S.-Iran tensions and renewed threats of military action have increased fears of prolonged regional instability, driving investors toward defensive positioning and weighing on equities. *U.S. inflation accelerated to 4.2% YoY, the highest in three years, reinforcing concerns that the Federal Reserve may keep interest rates higher for longer at next week’s FOMCContinue Reading
