About: pumarketings
Recent Posts by pumarketings
Euro Slips as U.S. Inflation Surprises to the Upside
Key Takeaways: *The euro remains vulnerable as hotter U.S. inflation data lifts the dollar and delays Fed rate cut expectations. *Rising trade tensions with China and a stalled EU-China dialogue continue to undermine the eurozone’s growth prospects. *ECB officials remain cautious amid sticky core inflation and geopolitical risks, offering little policy support for the euro.Continue Reading
Crypto Market Volatility Spikes as Key Legislation Stalls—Trump Steps In to Revive Momentum
Key Takeaways: *Bitcoin fell over 3% from its recent all-time high above $120,000 after two major crypto bills failed to advance in the House due to bipartisan resistance. *A coalition of conservative Republicans and Democrats blocked progress on landmark crypto legislation, raising doubts about the regulatory outlook. Market Summary: The cryptocurrency market turned volatile asContinue Reading
Dollar Strengthens as Hot CPI Data Dampens Fed Rate Cut Expectations
Key Takeaways: *June CPI came in at 2.7% YoY, above forecasts and May’s 2.4%, triggering a hawkish shift in Fed expectations and boosting the dollar. *Markets pulled back bets on a July rate cut, now viewing September as the next likely window—conditional on softer inflation prints ahead. *President Trump proposed new tariffs on pharmaceutical imports,Continue Reading
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