Monthly Archives: August 2026
41654156156Wall Street Turns Cautious Ahead of Nvidia Earnings
Written on August 25, 2026 at 6:55 am, by pumarketings
Key Takeaways: *Wall Street turned cautious as investors reduced exposure to technology stocks ahead of Nvidia’s earnings. *Nasdaq underperformed, falling 0.76%, while the Dow gained 0.26%, highlighting weakness concentrated in growth and semiconductor stocks. *AI valuation concerns are rising, with investors questioning whether current spending and earnings expectations can justify elevated tech valuations. Market Summary:Continue Reading
Loonie Weakens as U.S.-Canada Tariff Tensions Intensify
Written on August 25, 2026 at 6:53 am, by pumarketings
Key Takeaways: *The Canadian dollar weakened sharply as U.S.-Canada trade negotiations collapsed, pushing USD/CAD back toward 1.385. *50% U.S. tariffs on Canadian autos and parts and Canada’s planned dollar-for-dollar retaliation have increased concerns over exports, growth and inflation. *Weak manufacturing data adds to pressure on the loonie, with July manufacturing sales falling 0.2%. Market Summary:Continue Reading
Dollar Recovery Stalls as Gold Holds Near Record Highs
Written on August 25, 2026 at 6:51 am, by pumarketings
Key Takeaways: *USD recovery remains limited as hovering near 99 as safe-haven demand is offset by expectations for easier Fed policy. *Gold remains fundamentally strong near $4,647 continues to benefit from lower Treasury yields, monetary-policy uncertainty and geopolitical risks. *Lower long-term yields support gold and limit dollar upside, while elevated yields keep both markets sensitiveContinue Reading
