About: pumarketings
Recent Posts by pumarketings
Markets Brace for Trump–Putin Talks as Geopolitical Tensions Mount
Key Takeaways: *Trump–Putin meeting on Aug. 15 could determine the fate of the Russia–Ukraine war, with Trump warning of “very severe consequences” if no ceasefire is reached. *The U.S. Treasury warns Europe of potential higher tariffs on China and others buying Russian energy if talks fail. *Gold edges higher and oil steadies at two-month lowsContinue Reading
Ethereum Nears Record High on Institutional Inflows, Rate Cut Bets
Key Takeaways: *Ethereum jumped nearly 9%, approaching its $4,800 record high, driven by record ETF inflows of $1.2 billion in two days. *NYSE-listed Bitmine plans to raise up to $20 billion to expand ETH holdings, boosting investor confidence. *Softer U.S. CPI fueled bets on a September Fed cut, supporting risk appetite for crypto. Market Summary:Continue Reading
Oil Extends Decline to Two-Month Low on Weak U.S. Data, Supply Concerns
Key Takeaways: *Oil fell below $63 to a two-month low on weak economic signals and rising U.S. crude stockpiles. *EIA projects higher supply and slower demand growth, adding pressure to prices. *Trump–Putin talks in Alaska could lead to easing of sanctions on Russian oil, risking further oversupply. Market Summary: Oil prices extended their decline, withContinue Reading
