About: pumarketings
Recent Posts by pumarketings
Chart the Market (11/06/2025)
XAUUSD, H4: Gold prices remain supported above their long-term uptrend line established since last December, reinforcing the broader bullish structure despite recent corrective moves. After forming a series of lower highs following its all-time peak at $3,499.97, gold has found renewed support near the $3,300.00 level and has broken out of its short-term bearish pattern—suggestingContinue Reading
Sterling Slips as UK Labour Market Softens
Key Takeaways: *The UK labour market is weakening, with rising unemployment and slower wage growth reinforcing dovish BoE expectations. *Markets now fully price in two BoE rate cuts by year-end, as fiscal headwinds and soft growth weigh on sentiment. *Sterling remains under pressure as resilient U.S. data and eurozone outperformance highlight GBP’s relative weakness. MarketContinue Reading
Yen Softens as Risk Sentiment Improves; BoJ Policy Shift in Focus
Key Takeaways: *The market was focused on the U.S.-China new round of trade talks, which were extended to Tuesday. *A positive tone from President Trump at the event hammered the safe-haven gold in the last session. *Wall Street holds a “wait-and-see” mood, eyeing the trade talk outcome. Market Summary: The Japanese Yen weakened as investorContinue Reading
