About: pumarketings
Recent Posts by pumarketings
Nasdaq Hits All-Time High as Geopolitical Tensions Ease
Key Takeaways: *Nasdaq gathered momentum and reached an all-time high since February. *The upward momentum was hindered by the expectations for a Fed rate cut. Market Summary: The tech-heavy Nasdaq surged to a record high yesterday, surpassing its February peak as investor sentiment rebounded on news of a truce between Israel and Iran announced byContinue Reading
Gold Slips as Geopolitical Risk Eases, but Broader Macro Headwinds Persist
Key Takeaways: *Gold retreats as Israel-Iran ceasefire triggers risk-on sentiment. *Safe-haven demand weakens, but downside limited by U.S. debt concerns and dollar weakness. *Investors eye Thursday’s U.S. Core PCE report, a key Fed inflation gauge. Market Summary: Gold prices fell sharply in early trading as traders digested multiple reports confirming a ceasefire between Israel andContinue Reading
Dollar Extends Losses; Market Eyes PCE and Debt Risk
Key Takeaways: *U.S. Dollar Index slides toward multi-week lows ahead of core PCE release *Recent CPI and PPI data miss forecasts, fueling rate-cut bets *Ballooning U.S. debt and FX repayment risks weigh on long-term dollar outlook Market Summary: The U.S. Dollar Index (DXY) continued to trend lower on Tuesday as investors braced for this week’sContinue Reading
