About: pumarketings
Recent Posts by pumarketings
Fed Fragility Drives Diverging Dollar-Gold Paths
Key Takeaways: *Sticky inflation hasn’t prevented markets from pricing in aggressive Fed easing, with political risks eroding the greenback’s safe-haven premium. *Surging ETF inflows and falling U.S. real yields are powering bullion toward $3,500 as investors hedge against Fed credibility risks. *Friday’s jobs report is pivotal: a weak print could cement September cuts and liftContinue Reading
Yen Balances Domestic Growth and Trade Risks
Key Takeaways: *Japan’s Q2 GDP grew 1.0% annualized, led by strong capex (+7.6%) and solid domestic demand. *External headwinds persist, with manufacturing PMI below 50 and auto sector profits plunging 30% under U.S. tariffs. *Yen’s near-term path hinges on whether domestic strength offsets trade drag, as BoJ eyes cautious policy normalization. Market Summary: The JapaneseContinue Reading
Oil Slips as Supply Swells, Demand Weakens
Key Takeaways: *Oil fell under pressure as record U.S. output and surging non-OPEC supply overshadowed geopolitical risks. *Weak Chinese PMI data reinforced demand concerns, with Brent now forecast to slip into the $60 by year-end. *Despite Russian refinery strikes, traders are discounting disruption risks, keeping sentiment bearish ahead of OPEC+ on Sept 7. Market Summary:Continue Reading
