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About: pumarketings

Recent Posts by pumarketings

Chart the Market (30/06/2025)

BTC, H4:  Bitcoin has staged a decisive technical breakout, shattering its long-term downtrend with a powerful surge past the critical $108,000 resistance level. This significant price action marks a potential turning point for the cryptocurrency, as it not only invalidates the previous bearish structure but also demonstrates remarkable resilience after successfully defending the psychologically importantContinue Reading

CAD Struggles as Trade Risks Mount

 Key Takeaways: *Loonie slips as Canada-U.S. trade tensions escalate: President Trump halts talks over digital tax, raising tariff risks and fueling CAD pressure. *Weak Canadian growth fuels BoC policy dilemma: Back-to-back GDP contractions increase rate cut odds despite sticky inflation and strong wages. *Oil, tariffs, and BoC-Fed divergence drive CAD outlook: Traders eye U.S. tariffContinue Reading

Market Rally Faces Fed Test as Risk-On Sentiment Collides with Inflation Concerns

 Key Takeaways: *Wall Street’s bullish sentiment sent the Nasdaq and S&P 500 to an all-time high.  *High PCE readings from last week have drawn market concern about a more Hawkish Fed ahead.  *Market bullish momentum remains solid, but cautious of profit-taking sentiment.  Market Summary: The U.S. equity markets extended their record-breaking run last week, buoyedContinue Reading

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