Monthly Archives: July 2025
41654156156Oil Falls as OPEC+ Surprises With Output Hike
Written on July 7, 2025 at 5:46 am, by pumarketings
Key Takeaways:*Oil slips as OPEC+ lifts output above forecasts: Saudi-led hike shifts focus from price support to market share. *Demand concerns grow amid weak China data, U.S. builds: Rising inventories and soft imports raise consumption doubts. Market Summary: U.S. crude oil prices extended their decline this week, pressured by a sharper-than-expected production boost from OPEC+Continue Reading
Aussie falls as RBA cuts loom, trade fears mount
Written on July 7, 2025 at 5:29 am, by pumarketings
Key Takeaways:*AUD slips as RBA seen cutting rates amid weak data: Markets brace for a dovish shift as soft GDP and subdued inflation reinforce calls for easing, with traders pricing multiple cuts ahead. *Tariff threats and China ties weigh on Aussie outlook: Rising U.S. trade tensions rattle sentiment, with Australia’s reliance on Chinese exports amplifyingContinue Reading
Wall Street Extends Gains as Tax Cut Bill Lifts Sentiment, Tariff Risks Linger
Written on July 7, 2025 at 5:22 am, by pumarketings
Key Takeaways:*Major indices continued to rise, buoyed by optimism from the passage of the “Big and Beautiful” tax cut bill aimed at stimulating economic growth. *The White House signaled no new tariffs until August 1, granting extra time for negotiations—helping maintain risk appetite across markets. *While equities remain supported, geopolitical and trade risks could injectContinue Reading
