About: pumarketings
Recent Posts by pumarketings
Chart the Market (17/09/2025)
Chart the Market (17/09/2025) Dow Jones, H4: The Dow retreated from its record peak of 46,173.00, sliding toward immediate support at 45,745.00. Despite the pullback, the index remains within its broader uptrend channel and is now approaching its trendline support, where a technical rebound could materialize. Still, momentum signals point to waning strength. The RSIContinue Reading
Oil Stuck Between War Premium and Supply Glut
Key Takeaways: *Geopolitical risk premium persists as Ukraine’s drone strikes disrupt Russian refining and exports, tightening near-term supply. *Structural oversupply looms with rising OPEC+ and non-OPEC output, plus weak demand signals from China and Japan. *Fed’s expected rate cut could weaken USD and support demand, but growth fears may cap rallies and keep oil range-bound.Continue Reading
Loonie Backed by Oil and Policy Divergence
Key Takeaways: *BoC expected to cut rates cautiously as sticky 3% core inflation limits room for aggressive easing. *Domestic economy shows strain with job losses and Q2 contraction, though manufacturing data offers some resilience. *Firmer oil prices and USD weakness provide external tailwinds, but CAD remains vulnerable if Fed turns more dovish. Market Summary: TheContinue Reading
