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About: pumarketings

Recent Posts by pumarketings

Wall Street Edges Higher Amid Shutdown Fears

Key Takeaways: *S&P 500 gained 0.41%, led by healthcare as Pfizer rose over 2% after avoiding drug-specific tariffs. *Congressional gridlock ahead of the September 30 deadline keeps sentiment fragile, with futures lower in Asian trading. *Gold surged above $3,800 as trade policy threats and political uncertainty cloud Fed outlook, raising correction risks for equities. MarketContinue Reading

Cryptocurrencies Rebound as Market Cap Reclaims $4 Trillion

Key Takeaways: *Bitcoin and Ethereum consolidated near weekly highs, lifting total crypto market cap back above $4T from a recent $3.8T low. *Rising U.S. shutdown risks underscore government dysfunction, contrasting with crypto’s decentralized resilience. *Investors eye digital assets as alternatives during political uncertainty, though sustained recovery hinges on broader risk sentiment. Market Summary: Digital assetsContinue Reading

Chart the Market (01/10/2025)

AUDUSD, H4:  The Australian dollar is undergoing a period of consolidation against the U.S. dollar after rallying approximately 1.36% from recent lows. The pair is now trading within a significant liquidity zone, a development that represents a natural pause following its recent advance rather than a sign of underlying weakness. The ability to maintain supportContinue Reading

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