About: pumarketings
Recent Posts by pumarketings
Gold Finds Support as Political Uncertainty and Geopolitical Tensions Stoke Safe-Haven Demand
Key Takeaways: *The Japan’s ruling party’s defeat in upper house elections erodes investor trust in the yen, fueling gold demand. *With U.S.-EU negotiations faltering, markets brace for potential tariff fallout ahead of the August 1 deadline. *Israeli strikes on Gaza deepen geopolitical risk, prompting a flight to safety. Market Summary: The yellow metal appears toContinue Reading
Dollar Gains on Tariff Clarity and Robust Data, But Faces Renewed Headwinds
Key Takeaways: *The market welcomed Trump’s detailed trade plan ahead of August 1 rollout. *Solid U.S. data reinforces greenback strength, though Treasury yields slid to monthly lows. *Traders now await Powell’s speech for clues on the Fed’s policy path amid global trade jitters. Market Summary: The U.S. dollar extended its gains, climbing over 0.7% toContinue Reading
Euro Struggles Beneath Sanctions and Tariff Risks
Key Takeaways: *Geopolitical support from EU sanctions is offset by internal ECB policy divisions and labor unrest. *U.S.-EU tariff tensions loom large, with up to €380B in exports at risk if trade talks collapse. *The eurozone economy shows signs of fragility, with weak construction data and slowing trade balance gains. Market Summary: The euro maintainedContinue Reading
