About: pumarketings
Recent Posts by pumarketings
Gold Hits Record High as Dollar’s Foundation Cracks
Key Takeaways: *Shutdown adds fiscal risk: The prolonged U.S. government shutdown has suspended key data and deepened concerns over debt and fiscal credibility. *Fed pivot priced in: Markets now see near certainty of an October rate cut and a strong chance of another by year-end, weighing on yield appeal. *Gold reclaims safe-haven dominance: Surging aboveContinue Reading
US Stocks Extend Rally on AI Momentum Despite Shutdown Risks
Key Takeaways: *US equities climb as AI trade drives new record highs *Government shutdown delays key economic data, including September jobs report *Fed officials, including Chair Powell, set to provide policy guidance this week Market Summary: US stocks extended their rally,, with major indices advancing toward fresh record highs as investor enthusiasm around artificial intelligenceContinue Reading
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
