Monthly Archives: July 2026
41654156156Dollar and Gold Hold as Geopolitical Risks Offset Cooling Oil Prices
Written on July 10, 2026 at 7:18 am, by pumarketings
Key Takeaways: *USD stays elevated by geopolitical tension, resilient US labour market data, and expectations that the Federal Reserve could keep interest rates higher for longer. *Gold stays elevated on safe-haven demand, although gains are capped by expectations of higher US interest rates and a relatively firm dollar. *Oil prices retreated from recent highs afterContinue Reading
BTC Sidestep Strategy’s $216M Sale as Bulls Target $70K
Written on July 10, 2026 at 7:15 am, by pumarketings
Key Takeaways: *BTC and ETH are trading in tight ranges while forming higher lows, suggesting growing buying momentum and the potential for a breakout if key resistance levels are cleared. *Despite Strategy’s partial BTC disposals, the market quickly absorbed the additional supply, reflecting strong institutional demand and continued buy-the-dip sentiment. *A break above resistance couldContinue Reading
Yen Finds Tentative Support as Katayama Signals Acceptance of BOJ Hikes
Written on July 10, 2026 at 6:31 am, by pumarketings
Key Takeaways: *Finance Minister Satsuki Katayama indicated that gradual interest rate increases are expected alongside active fiscal policy, reinforcing confidence in the BoJ’s monetary normalization path. *Gradual rate hikes could help narrow the U.S.-Japan yield gap, reduce carry trade demand, and improve investor confidence, although the immediate impact on the Yen remains limited. *Despite aContinue Reading
