About: pumarketings
Recent Posts by pumarketings
Fed Cut Fever Slams Dollar as Gold Powers Toward New Highs
Key Takeaways: *Dollar under pressure as weak labor data cements Fed cut bets. *Political interference and NATO fractures deepen dollar risks. *Gold steadies above $3,640, buoyed by Fed easing and de-dollarization demand. Market Summary: The U.S. Dollar Index (DXY) stayed under heavy pressure this week as softening labor data cemented expectations for imminent Fed easing.Continue Reading
Sterling Stuck Between Growth and Inflation
Key Takeaways: *Growth stagnates (flat GDP, weak industry, softer labor market) while inflation stays high. *BoE boxed in: sticky inflation prevents cuts, but growth too weak to hike further. *Politics adds uncertainty ahead of Autumn Statement, keeping GBP in tight ranges. Market Summary: Sterling continues to tread water, with GBP/USD trading near 1.3550, as investorsContinue Reading
Oil Jumps on Strikes, But Surplus Caps Gains
Key Takeaways: *Geopolitics injects short-term risk premium (Ukraine drone strikes, Russia supply curbs). *Long-term surplus remains intact: OPEC+ supply, record U.S. output, sluggish demand. *Producers cutting jobs/capex signal stress, but the market remains biased to fade rallies. Market Summary: Oil markets remain whipsawed, with Brent crude hovering near $67 as traders juggle immediate supply disruptionsContinue Reading
