Monthly Archives: May 2025
41654156156Wall Street Extends Rally on UK-U.S. Trade Deal Optimism
Written on May 9, 2025 at 5:44 am, by pumarketings
Key Takeaways: *U.S.-UK trade deals boost sentiment in Wall Street. *U.S. Initial Jobless Claims came soft, harming Wall Street risk appetite. All three major U.S. equity indices—Dow Jones, Nasdaq, and the S&P 500—closed higher in the latest session, continuing their upward trajectory. However, signs of waning momentum suggest the rally may be approaching a near-termContinue Reading
Inflation and Growth in Focus as Fed and BoE Face Pressure
Written on May 9, 2025 at 5:43 am, by pumarketings
The Week Ahead: Week of 12th April 2025 (GMT+3) Weekly Market PreviewMarkets face a packed macro calendar this week, with U.S. inflation, retail sales, and U.K. GDP expected to steer rate expectations across major central banks. Tuesday’s U.S. CPI print will be the marquee event, with traders eager to confirm whether disinflation is resuming afterContinue Reading
Pound weakens as BoE cuts rates in split decision; trade deal offers limited relief
Written on May 9, 2025 at 5:41 am, by pumarketings
Key Takeaways: *Pound under pressure after BoE rate cut: GBP weakens following a surprise 5–4 split vote at the BoE to lower interest rates by 25bps to 4.25%. *Limited relief from UK-U.S. trade deal: While the deal reduces some tariffs, its narrow scope keeps broader trade uncertainty intact. Market Summary: The pound continued to edgeContinue Reading
