Monthly Archives: June 2026
41654156156Chart the Market (09/06/2026)
Written on June 9, 2026 at 8:05 am, by pumarketings
BTC, H4: Bitcoin is showing early signs of recovery following its recent period of sustained selling pressure. After consolidating around the key psychological support level near $60,000, the cryptocurrency staged a strong rebound of more than 7% in the latest session, suggesting that buyers have begun to re-enter the market at lower levels. The sharpContinue Reading
ECB Set to Deliver First Hike in Years as Energy Shocks Force Hand
Written on June 9, 2026 at 8:00 am, by pumarketings
Key Takeaways: *Markets are pricing in a 25 basis point increase from the European Central Bank, which would lift the deposit rate from 2.00% to 2.25%. *A rate hike accompanied by signals of further tightening would likely support the Euro. Investors are particularly focused on whether the ECB hints at another potential hike later thisContinue Reading
Tech Rebound Cuts Wall Street’s Pullback as Fed, Mideast Keep Lid on Gains
Written on June 9, 2026 at 7:44 am, by pumarketings
Key Takeaways: *Major U.S. indices have retreated from recent all-time highs as investors lock in profits following a strong rally. *Escalating Middle East tensions and elevated oil prices continue to create uncertainty for investors. *The near-term outlook remains mixed. Strong corporate earnings and AI-related momentum could support a rebound toward record highs, but sticky inflation,Continue Reading
