About: pumarketings
Recent Posts by pumarketings
Swiss Franc Strengthens as Safe-Haven Demand Rises Amid Market Uncertainty
Key Takeaways: *Swiss Franc appreciated as the market stoked demand for safe-haven investment. *Switzerland’s GDP beating market expectations helped to boost the currency’s strength. Market Summary: The Swiss Franc (CHF) has appreciated in recent trading sessions as investors turned to traditional safe-haven assets amid growing market uncertainty. The shift in sentiment was triggered by formerContinue Reading
Oil Prices Rise as Trade War Risk Returns, OPEC+ Maintains Output Hike
Key Takeaways: *Crude oil prices surged as U.S.-China trade tensions intensified, lifting the market’s geopolitical risk premium. *OPEC+ confirmed a July supply increase of 411,000 barrels per day, signaling confidence in demand resilience. Crude oil prices extended gains at the start of the week, buoyed by escalating U.S.-China trade tensions that stoked geopolitical risk acrossContinue Reading
Euro Strengthens to One-Month High Ahead of Key ECB Decision
Key Takeaways: *The euro gains to its one-month high against its peers on the back of solid economic indicators. *Today, the market will focus on the eurozone CPI to gauge the strength of the euro. The euro has extended its gains against major currencies, climbing to its highest level in a month as markets positionContinue Reading
