About: pumarketings
Recent Posts by pumarketings
RBA Rate Decision in Focus as Policy Caution Persists; UK Data to Shape BoE Outlook
The Week Ahead: Week of 19th May 2025 (GMT+3) Weekly Market PreviewThe Reserve Bank of Australia’s interest rate decision headlines this week’s economic calendar, with markets broadly expecting the central bank to hold the cash rate steady. Recent economic data have painted a relatively stable picture, while ongoing global trade tensions continue to justify aContinue Reading
Chart the Market (16/05/2025)
GBPUSD, H4: The British pound rebounded from a recent low of 1.3162, staging a strong recovery that positions the pair to retest its previous highs. Despite a brief pullback, the pair has found firm support, with price action now aligning with the formation of an inverse head-and-shoulders pattern — a classic bullish reversal signal. MomentumContinue Reading
Japan’s Economy Contracts Sharply, Clouding Outlook for BOJ Tightening and Yen Strength
Key Takeaways: *Japanese GDP came short, casting fresh doubt on the Boj’s monetary tightening policy. *Japan is falling behind on trade talks with the U.S., exerting pressure on the country’s economy. Market Summary: Japan’s economy shrank for the first time in a year, with GDP contracting by 0.7% in the latest quarter, exceeding economists’ expectationsContinue Reading
