Monthly Archives: July 2026
Penguin Solutions beats forecasts again as revenue jumps and shares surge 246% year to date

Written on July 8, 2026 at 10:29 am, by josephine
Penguin Solutions beat EPS and revenue estimates again, shares up 246% YTD; bullish strategies advised.
USD/JPY steadies after surge as US CPI lifts dollar, with 163.00 resistance capping gains

Written on July 8, 2026 at 10:28 am, by josephine
USD/JPY stays firm near 162; upside capped around 162.70–163.00 amid intervention risk and rangebound outlook.
GBP/USD retreats from 1.3410 as US data bolsters dollar, raising correction risks

Written on July 8, 2026 at 9:59 am, by josephine
GBP/USD reverses from 1.3410 resistance, enters corrective phase; 1.3315 key support amid Fed-UK divergence.
Oil holds security premium as US-Iran tensions lift yields; OCBC stays bullish on Brent trajectory

Written on July 8, 2026 at 9:58 am, by josephine
Oil rose on US-Iran tensions, supporting dollar and yields; Brent seen easing gradually; options strategies suggested.
Crude Oil Rises as Iran Sanctions Renew Hormuz Supply Risks

Written on July 8, 2026 at 9:42 am, by josephine
Key Points Global crude oil prices climbed on Wednesday as renewed tension between the US and Iran brought Middle East supply risks back into focus. The US West Texas Intermediate, commonly followed by traders as CL-Oil, moved to approximately $71.81. The benchmark gained close to 2% after rising by about 3% during Tuesday’s session. Tuesday’s Continue Reading
Dollar extends gains against yen on Middle East tension as dovish Bank of Japan caps yen appeal

Written on July 8, 2026 at 9:29 am, by josephine
Dollar extends gains versus yen on Middle East tensions, BoJ dovishness; USD/JPY stalls near 162.40 resistance.
AI fuels US small-business formation, boosting start-up churn and reshaping hiring patterns beyond tech

Written on July 8, 2026 at 9:28 am, by josephine
AI shifts from displacement fears to small-business formation, fueling diffusion, productivity, and small-cap upside via accelerated startups.
EUR/USD loses upside momentum, shifts to range trading as volatility sinks and options sellers eye premiums

Written on July 8, 2026 at 8:58 am, by josephine
EUR/USD rally stalled; momentum faded into sideways range trading between 1.1360 support and 1.1450 resistance.
Sweden industrial output growth slows in May, raising pressure on krona and Riksbank outlook

Written on July 8, 2026 at 8:57 am, by josephine
Sweden’s industrial growth cooled to 0.2%, lifting recession fears, pressuring SEK, and boosting OMXS30 downside bets.
Sweden Industrial Output Growth Cools in May, Raising SEK and Equity Headwinds

Written on July 8, 2026 at 8:28 am, by josephine
Sweden’s industrial output growth slowed to 0.6% in May, signaling weaker momentum, pressuring SEK and stocks.