About: pumarketings
Recent Posts by pumarketings
Sterling Steady as Inflation and Jobs Data Diverge
Key Takeaways: *Sticky inflation and upside CPI surprise keep BoE cautious, with no clear signal for near-term rate cuts. *Pound supported by strong UK job growth and improved global risk appetite following the tentative Middle East ceasefire. *Fiscal uncertainty and dollar strength continue to cap Sterling’s upside amid lingering global funding risks. Market Summary: TheContinue Reading
Yen Weakens as Japan Election and US Trade Tensions Fuel Uncertainty
Key Takeaways: *Japanese yen hovers near multi-week lows ahead of the Upper House election on July 20. *Rising concerns over US-Japan trade tensions, with Washington considering a 25% tariff if no deal is reached by August 1. *Steepening JGB yield curve signals increased speculation over potential BoJ rate cuts. Market Summary: The Japanese yen continuedContinue Reading
U.S. Congress Approves Historic Stablecoin Legislation in Watershed Moment for Crypto Regulation
Key Takeaways: *Bipartisan support advances stablecoin regulation, with two more crypto bills moving to the Senate. *Total crypto market cap hits a record $3.86T as regulatory clarity boosts sentiment. *Ethereum leads gains with a 20% weekly rally, narrowing the gap with Bitcoin. Market Summary: The U.S. House of Representatives has passed a landmark bill toContinue Reading
