Monthly Archives: August 2026
41654156156RBNZ Set to Hike Rate — But Guidance Holds Key for Kiwi
Written on August 31, 2026 at 7:12 am, by pumarketings
Key Takeaways: *Markets widely expect a 25bp rate hike to 2.75%, with the decision and forward guidance likely to drive NZD volatility. *Inflation at 4.1% remains well above the RBNZ’s target, supporting further policy tightening despite signs of a softer labour market. *A hawkish outlook could strengthen the kiwi, while a more cautious tone onContinue Reading
BTC, ETH Consolidate After Breakout; Range Resolution Key for Next Leg
Written on August 31, 2026 at 7:09 am, by pumarketings
Key Takeaways: *Bitcoin and Ethereum have shifted into range-bound trading after last week’s powerful rally, with BTC briefly above $81,000 and ETH approaching $2,500. *The current sideways action reflects profit-taking and position adjustment, while orderly selling suggests underlying demand remains intact. *A sustained break above $80,000–$82,000 could signal another leg higher, while a break belowContinue Reading
Oil Surges as U.S. Strikes Iran; WTI Tops $85
Written on August 31, 2026 at 7:05 am, by pumarketings
Key Takeaways *Brent crude surged back above $90, while WTI also climbed more than 2% as Middle East tensions intensified. *U.S. strikes on Iranian positions near the Strait of Hormuz heightened concerns over potential disruptions to global oil flows, lifting the geopolitical risk premium. *Further military escalation or disruption to tanker traffic could push oilContinue Reading
