Monthly Archives: August 2026
41654156156Wall Street Rises as Nvidia, CrowdStrike Lead Tech Rally; Jackson Hole Awaited
Written on August 28, 2026 at 5:55 am, by pumarketings
Key Takeaways: *All three major indices advanced, led by Nvidia’s strong earnings and bullish AI outlook, with CrowdStrike and Salesforce adding further support. *Hawkish comments from Fed officials have revived concerns over higher-for-longer rates, making Kevin Warsh’s remarks a key catalyst for Treasury yields and equities. *Strong tech earnings continue to support the market, butContinue Reading
Dollar Rebounds as Sticky PCE Inflation Lifts Yields; Gold Retreats From Three-Month High
Written on August 27, 2026 at 9:02 am, by pumarketings
Key Takeaways: *The Dollar Index rebounded after two weeks of losses as July PCE inflation remained elevated. *Headline PCE held at 3.7% year-on-year, above market expectations of 3.6%. *Core PCE remained steady at 3.3%, reinforcing concerns over sticky inflation. *Higher Treasury yields supported the dollar as markets reassessed Fed tightening risks. *Gold retreated from aContinue Reading
Oil Slides as Hormuz De-escalation Unwinds Risk Premium
Written on August 27, 2026 at 8:33 am, by pumarketings
Key Takeaways: *Oil remains under pressure as improving Iran–Oman–Qatar diplomacy raises hopes of a partial reopening of the Strait of Hormuz and a gradual recovery in regional supply flows. *Hormuz remains the biggest downside catalyst, but actual vessel traffic is still far below normal levels, meaning the market may be pricing geopolitical relief faster thanContinue Reading
