About: pumarketings
Recent Posts by pumarketings
Gold Soars on Fed Cuts and Geopolitical Heat
Key Takeaways: *Fed easing cycle and lower yields have fueled gold’s historic surge above $3,700, with the dollar sliding to multi-month lows. *Safe-haven demand intensifies amid Ukraine conflict, U.S.–China tensions, and political friction inside the Fed. *Central bank buying, led by the PBoC, anchors long-term demand, while momentum and technical amplify upside risks. Market Summary:Continue Reading
Dollar Weakens Ahead of Fed Rate Decision; Gold Tops $3,700
Key Takeaways: *The dollar index slid to 96.60, its lowest since July, as markets bet on Fed rate cuts, with some investors eyeing a larger 50 bps move. *Gold broke above $3,700 for the first time, boosted by dollar weakness and pre-Fed safe-haven demand. *With a 25 bps cut priced in, any less-dovish signal couldContinue Reading
Cryptocurrencies Consolidate Ahead of Fed Decision
Key Takeaways: *Bitcoin held near $115,000 while Ether slid 6% from last week’s peak, as traders awaited Wednesday’s FOMC decision. *Crypto ETFs posted five consecutive sessions of net inflows, signaling renewed institutional demand. *Bitcoin tracked gold’s breakout above $3,680, with a dovish Fed outcome seen as a catalyst for fresh crypto gains. Market Summary: CryptocurrenciesContinue Reading
