About: pumarketings
Recent Posts by pumarketings
Yen Weakness May Reverse on BoJ Hawkish Pivot; October Rate Hike Prospects Rise
Key Takeaways: *USD/JPY hit a September high of 148.91, while EUR/JPY trades near multi-year highs. *Core BoJ CPI at 2.0% and BoJ minutes showing broad support for further hikes reinforce the case for rate normalization. *Upcoming U.S. GDP, PCE inflation, and Tokyo CPI will be pivotal; a firm Tokyo CPI print could cement October hikeContinue Reading
Australian Inflation Surprise at 3.0% Reinforces RBA Hawkish Stance
Key Takeaways: *Australia’s August CPI came in at 3.0%, above forecasts, with housing inflation jumping 4.5%, pushing the AUD higher. *Governor Bullock signaled progress on inflation but warned cost-of-living pressures will intensify in 2026, limiting scope for early rate cuts. *PMI readings above 50 and GDP growth at 1.8% point to economic resilience, reinforcing stickyContinue Reading
Yen Eyes Reprieve as BoJ Rate Hike Bets Build, CPI in Focus
Key Takeaways: *Despite BoJ’s cautious stance, a recent U.S.-Japan trade deal and improving conditions are fueling bets on a potential October rate hike. *Base pay rose 3% year-on-year, the strongest in decades, with real wages turning positive for the first time in over two years, strengthening the case for tighter policy. *Focus turns to today’sContinue Reading
