About: pumarketings
Recent Posts by pumarketings
Fed-White House Tensions Ease as Economic Data Strengthens Market Sentiment
Key Takeaways: *Powell’s fiscal defense and Trump’s reassurance soothed concerns over monetary policy interference. *Retail sales rose 0.6% and jobless claims fell to 221,000, signaling economic strength. *S&P 500 and Nasdaq hit record highs as risk appetite returned amid political and macro tailwinds. Market Summary: TA potential rift between the Federal Reserve and the WhiteContinue Reading
Chart the Market (17/07/2025)
ETH, D1: Ethereum (ETH) has completed a long-term head-and-shoulders pattern, a bullish formation that suggests the potential for a breakout toward uncharted territory—above its all-time high of $4,090. The recent rally, which propelled ETH to its 2025 peak, reinforces the breakout narrative. In the short term, maintaining support above the $3,050 level would signal thatContinue Reading
Pound Steady as BoE Stays Hawkish on Sticky Inflation
Key Takeaways: *Inflation remains sticky, delaying BoE rate cuts despite market pricing in an August move. *The housing market shows resilience, with strong price and transaction gains. *Trade and geopolitical risks linger, particularly around UK-US steel tariffs. Market Summary: The British Pound held firm near recent highs as stronger-than-expected inflation data and cautious optimism aroundContinue Reading
