About: pumarketings
Recent Posts by pumarketings
Wall Street Extends Rally, S&P 500 Hits Fresh Record Ahead of Key PCE Data
Key Takeaways: *S&P 500 hit a new record close, with the Dow and Nasdaq also finishing higher on growing confidence in a September Fed rate cut. *10-year Treasury yield dropped to 4.205%, aligning with the market’s 90%+ probability of a September cut. *Nvidia’s weak revenue outlook and concerns over Fed independence after Governor Cook’s ousterContinue Reading
Yen Strengthens on Hawkish BoJ Bets; Euro Awaits CPI Catalyst
Key Takeaways: *USD/JPY slipped 0.25%, with the yen up ~1% over the past month, driven by BoJ Governor Ueda’s hawkish signals of a possible September rate hike. *Tokyo Core CPI held at 2.5%, reinforcing expectations of policy tightening at the September 20 meeting. *EUR trades in a sideways-to-bullish pattern as markets await Eurozone CPI nearContinue Reading
Solana Nears Key Resistance as Institutional Demand Fuels Rally
Key Takeaways: *SOL jumped 15% in three sessions, trading above $210 and nearing its February peak of $236.46. *Gains fueled by ETF launches and record 100,000 TPS throughput, strengthening network fundamentals and investor confidence. *Upcoming U.S. PCE inflation data could sway momentum—soft data may push SOL higher, while a hawkish print could trigger a pullback.Continue Reading
