About: pumarketings
Recent Posts by pumarketings
Oil Slumps as Supply Glut Fears Overpower Geopolitical Risks
Key Takeaways: *Prices fell sharply on overwhelming bearish supply-demand dynamics. *IEA warns of “massive oversupply” in 2H 2025, potentially 2.5m bpd surplus. *Saudi Arabia cut prices aggressively for Asian buyers, signaling market share defense vs. Russia and non-OPEC+ supply. *U.S. crude inventories built sharply, highlighting sluggish demand.. Market Summary: Crude oil markets are facing aContinue Reading
Euro Steadies as ECB Holds, Fed Easing Bets Take Center Stage
Key Takeaways: *ECB held rates at 2.0% as expected, signaling its easing cycle may be on pause. *Growth outlook upgraded (2025 GDP forecast raised to 1.2% from 0.9%) to resilience in domestic demand. *Fed easing expectations rising after U.S. jobless claims spiked to 263K, creating policy divergence supportive of the euro. Market Summary: The EuroContinue Reading
Chart the Market (11/09/2025)
AUDJPY, H4: The Australian dollar has extended its advance against the Japanese yen, recording gains exceeding 3% over the past three weeks from its recent low near the 94.40 level. The pair has now decisively broken above the significant resistance zone around 97.35—a level that had repeatedly capped upward moves throughout the year—reaching its highestContinue Reading
