Monthly Archives: September 2025
41654156156Pound Slumps as UK Factory PMI Hits Two-Year Low
Written on September 2, 2025 at 5:28 am, by pumarketings
Key Takeaways: *Sterling Slips on PMI Weakness – UK Manufacturing PMI fell to 47.0, its sharpest order contraction in nearly two years, signaling rising economic fragility. *BoE Policy in Question – Weak data is fueling speculation about the Bank of England’s response, with markets watching services and construction PMIs for spillover risks. *Politics Add PressureContinue Reading
Hang Seng Index Poised for Breakout Amid Tech Sector Support
Written on September 2, 2025 at 5:18 am, by pumarketings
Key Takeaways: *HSI dropped over 3% amid selling pressure and a 13% plunge in Meituan shares on weak earnings. *Southbound inflows are providing liquidity support, helping limit deeper losses in the index. *HSI is nearing the 26,000 resistance, where a breakout could spark a bullish rally to 3-year highs. Market Summary: The Hang Seng IndexContinue Reading
Fed Jitters Slam Dollar, Lift Gold
Written on September 2, 2025 at 4:07 am, by pumarketings
Key Takeaways: *Dollar Under Pressure – Fed cut bets, political turmoil, and tariff rulings eroded the greenback’s safe-haven premium. *Gold Near Record Highs – Lower real yields, institutional inflows, and geopolitical risks fueled bullion’s rally. *NFP in Focus – Friday’s jobs data will shape Fed expectations, with weak prints likely to push gold above $3,500.Continue Reading
