About: pumarketings
Recent Posts by pumarketings
Japanese Yen Weakens as Inflation Data Came Soft
Key Takeaways: *Subdued Tokyo Core CPI at 2.5% vs. 2.8% forecast dampened October rate hike expectations, extending yen weakness. *The pair touched 149.95, edging close to the 150.00 level that often prompts Japanese authority vigilance. *Strong 3.8% GDP and focus on today’s Core PCE inflation reinforce Fed-BoJ divergence, leaving yen vulnerable absent a policy shift.Continue Reading
Cryptocurrencies Tumble as Macro Fears Trigger Broad De-Risking
Key Takeaways: *Bitcoin slid below $109,000 and Ethereum lost the $4,000 mark, triggering over $1 billion in liquidations and deepening bearish sentiment. *Strong 3.8% U.S. GDP and political risks tied to a potential government shutdown spurred broad risk-off moves, weighing heavily on crypto. *U.S. PCE inflation will guide near-term direction; BTC risks testing $105,000 andContinue Reading
Geopolitics vs. Supply: Oil in Tug-of-War
Key Takeaways: *Oil steadies after rally: Brent at $69.42, WTI near $65, as bullish and bearish forces offset. *Geopolitical support: Ukrainian strikes on Russian refineries and Moscow’s diesel export ban tightened fuel markets; Trump pressing Turkey to cut Russian oil imports. *Bearish headwinds: Strong U.S. GDP lowers Fed cut hopes, stronger dollar pressures oil. Iraq-KRGContinue Reading
