Monthly Archives: July 2026
41654156156Nasdaq Tumbles as Chip Concerns, Oil Spike Chill AI Enthusiasm

Written on July 8, 2026 at 9:25 am, by pumarketings
Key Takeaways: *U.S. equities lost momentum as the Nasdaq fell more than 300 points, dragged down by heavy selling in semiconductor and AI-related stocks s. *Escalating MidEast tensions pushed crude oil higher, fueling inflation concerns and lifting bond yields, which pressured technology and other growth-oriented sectors. *Wall Street’s near-term direction will hinge on upcoming earnings,Continue Reading
Yen Remains Under Pressure as USD/JPY Nears 40-Year High

Written on July 8, 2026 at 8:41 am, by pumarketings
Key Takeaways: *The Japanese yen remains under pressure, with USD/JPY trading near 162, close to its weakest level since 1986. *Wide US-Japan interest-rate differentials and persistent carry trades continue to drive structural yen weakness despite heightened geopolitical risks. *Bank of Japan policymaker Toichiro Asada signaled a cautious approach to further rate hikes, limiting expectations forContinue Reading
Dollar Climbs as Middle East Tensions Weigh on Gold

Written on July 8, 2026 at 8:11 am, by pumarketings
Key Takeaways: *The US dollar strengthened as renewed US-Iran tensions boosted safe-haven demand and lifted the Dollar Index to a one-week high. *Rising oil prices revived inflation concerns, supporting US Treasury yields and reinforcing expectations of higher-for-longer Fed interest rates. *Gold remained under pressure as the stronger US dollar and higher yields outweighed its traditionalContinue Reading
