About: pumarketings
Recent Posts by pumarketings
Crude Oil Prices Edge Higher Amid OPEC+ Supply Discipline and Rate Cut Bets
Key Takeaways: *OPEC+ announces modest 137,000 bpd production increase for November *Supply concerns tempered, easing fears of oversupply *Long-term demand outlook remains clouded by EV adoption and economic uncertainty Market Summary: Crude oil prices strengthened slightly at the start of the week after OPEC+ reaffirmed its cautious approach to production increases. On Sunday, the OrganizationContinue Reading
Yen Weakens Sharply as Nikkei Surges on Takaichi’s Policy Outlook
Key Takeaways: *Sanae Takaichi elected LDP leader, set to become Japan’s first female prime minister *Takaichi favors aggressive fiscal and monetary expansion, pressuring yen *Nikkei index rallies to record highs amid expectations of sustained policy support Market Summary: Japan’s political landscape underwent a historic shift over the weekend, as the Liberal Democratic Party elected SanaeContinue Reading
Dollar Rebounds on Japanese Political Shift, But Faces US Headwinds
Key Takeaways: *Dollar index rises in early Asian trade on Japanese political shift *Dovish expectations for Japan weigh on yen and bond yields *US government shutdown prolongs, threatening long-term dollar outlookan weigh on yen and bond yields Market Summary: The US dollar index, which measures the greenback against a basket of six major currencies, reboundedContinue Reading
