About: pumarketings
Recent Posts by pumarketings
Sterling Braces for Volatility Ahead of BoE Decision
Key Takeaways: *A 5–4 MPC vote at the last meeting signaled less dovishness than markets expected, limiting downside for the pound. *UK retail sales and GDP show resilience, while CPI at 3.6%—well above the 2% target—keeps inflation concerns alive. *The Fed’s recent cut and guidance for further easing has widened the interest rate differential, underpinningContinue Reading
BoC Rate Cut Signals More Weakness for CAD
Key Takeaways: *The Bank of Canada cut its policy rate to 2.50%, the lowest in nearly three years, and signaled willingness to ease further if risks intensify. *July factory sales delivered a 2.5% surprise gain, but broader growth momentum remains subdued. *A sharp U.S. crude inventory drawdown offered some oil price support, though not enoughContinue Reading
Euro Holds Steady as ECB Keeps Rates Unchanged
Key Takeaways: *The ECB left rates unchanged, underscoring policy stability relative to peers moving toward more aggressive easing. *Eurozone inflation printed at 2.0% in August, exactly at target, giving policymakers room to stay cautious while keeping rate cuts off the table for now. *France’s sovereign downgrade to A+ reignited concerns over fiscal discipline and politicalContinue Reading
