About: pumarketings
Recent Posts by pumarketings
JPY Trapped by Yield Gap, Eyes PCE Data
Key Takeaways: *BoJ strikes a hawkish tone, with Ueda and Nakagawa signaling rate hikes could come as soon as October. *Political stability boosts the Yen’s safe-haven profile, but U.S. bond yields keep pressure on the currency. *USD/JPY consolidated, with traders awaiting U.S. GDP and core PCE data for fresh direction. Market Summary: The Japanese YenContinue Reading
Euro Balances IMF Risk and German Weakness
Key Takeaways: *France’s looming confidence vote threatens fiscal stability, with IMF risk rattling bond markets. *German sentiment slumps, reinforcing concerns over Eurozone growth outlook amid trade uncertainties. *Euro holds above 1.1600, supported by ECB backstops and relative U.S. political instability. Market Summary: The Euro is showing a fragile resilience, managing to stay anchored above 1.1600Continue Reading
Oil Slides Over 2% as Market Sentiment Sours; Eyes on U.S. Crude Data
Key Takeaways: *Prices dropped from $65.10 to near the critical $63.00 level, the steepest single-day fall in August, raising bearish risks. *Trump’s firing of Fed Governor Cook and upcoming U.S. tariffs on India fueled risk-off sentiment and demand concerns. *Today’s inventory report could be pivotal, with a surprise build threatening a deeper drop below $63.00.Continue Reading
