About: pumarketings
Recent Posts by pumarketings
Loonie Weakens as Trade Shocks Hit Exports
Key Takeaways: *Canada’s Q2 GDP contracted 1.6% annualized, its worst since the pandemic, driven by a 7.5% export collapse under U.S. tariffs. *Domestic demand rose 3.5%, showing internal resilience even as trade shocks dismantled external growth. *Markets boosted bets on a September BoC cut, with recovery prospects hinging on Washington’s tariff path and NAFTA talks.Continue Reading
Wall Street Extends Rally, S&P 500 Hits Fresh Record Ahead of Key PCE Data
Key Takeaways: *S&P 500 hit a new record close, with the Dow and Nasdaq also finishing higher on growing confidence in a September Fed rate cut. *10-year Treasury yield dropped to 4.205%, aligning with the market’s 90%+ probability of a September cut. *Nvidia’s weak revenue outlook and concerns over Fed independence after Governor Cook’s ousterContinue Reading
Yen Strengthens on Hawkish BoJ Bets; Euro Awaits CPI Catalyst
Key Takeaways: *USD/JPY slipped 0.25%, with the yen up ~1% over the past month, driven by BoJ Governor Ueda’s hawkish signals of a possible September rate hike. *Tokyo Core CPI held at 2.5%, reinforcing expectations of policy tightening at the September 20 meeting. *EUR trades in a sideways-to-bullish pattern as markets await Eurozone CPI nearContinue Reading
