Monthly Archives: July 2026
41654156156WTI Crashes Below $68 as Iran Peace Deal Strips Risk Premium
Written on July 2, 2026 at 5:58 am, by pumarketings
Key Takeaways: *Crude oil dropped to its lowest level since the Middle East conflict escalated after the U.S.-Iran peace deal eased supply disruption concerns and secured shipping through the Strait of Hormuz. *Markets are now focused on today’s U.S. Non-Farm Payrolls report. A stronger-than-expected jobs reading could reinforce higher-for-longer Fed expectations, weighing on oil demandContinue Reading
Nasdaq Lags as Tech Rotation, Warsh’s Hawkish Tone Spook Markets
Written on July 2, 2026 at 5:56 am, by pumarketings
Key Takeaways: *The Nasdaq led losses as investors rotated out of high-growth technology stocks, with AI-related names such as Micron and Intel facing notable selling pressure amid valuation concerns. *Fed’s Warsh reaffirmed the need to keep inflation under control, reinforcing expectations of higher-for-longer interest rates and pressuring equities. *Ongoing Middle East tensions continue to dampenContinue Reading
Gold Remains Below $4,000 as Dollar Holds Firm, Eye on NFP
Written on July 1, 2026 at 7:42 am, by pumarketings
Key Takeaways: *Dollar Index stays steady as markets await U.S. jobs data *Nonfarm Payrolls may shape the next move in Treasury yields and Fed expectations *Gold remains pressured below $4,000 as USD strength and risk-on sentiment weigh Market Summary: The Dollar Index, which tracks the greenback against a basket of six major currencies, remained relativelyContinue Reading
