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August 5, 2026 - Gold Price Breakout, Crude Oil Selloff and Fed Rate-Hike Risk
Gold surged more than 4% and broke technical resistance even as crude oil sold off sharply on rising optimism that Iran and Oman could restore commercial shipping through the Strait of Hormuz. That divergence is the clearest signal from a market pricing two conflicting regimes at once: easing energy inflation and deepening stagflation risk.
In this episode, Market Pulse examines July ISM services at 54.1, the prices-paid spike to 70.3, employment contraction at 47.4, ADP’s 44,000 payroll gain, and Fed Governor Lisa Cook’s willingness to support higher rates if inflation fails to cool. We…
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