About: pumarketings
Recent Posts by pumarketings
Aussie Dollar Holds Ahead of RBA Rate Decision
Key Takeaways: *Australian Dollar steady as supportive trade outlook offsets dovish RBA expectations. *RBA set to cut rates by 25bps; tone from Governor Bullock seen as key driver for AUD/USD direction. *Commodity demand signals from China and global risk sentiment remain critical near-term catalysts. Market Summary: The Australian Dollar hovered near $0.6525, with traders balancingContinue Reading
Oil Slips on Ceasefire Hopes, Supply Risks Linger
Key Takeaways: *Trump–Putin Alaska summit on August 15 raises hopes for a ceasefire and potential easing of Russian oil sanctions, pressuring prices. *Ukrainian drone strikes on Russian refineries disrupt fuel output, adding a supply risk premium despite broader bearish sentiment. *Persistent underinvestment in upstream capacity limits global supply flexibility, keeping volatility elevated ahead of theContinue Reading
Gold Dips Ahead of CPI, Trade Talk Deadlines
Key Takeaways: *Gold retreats from record highs as dollar strength and easing geopolitical tensions dampen safe-haven demand. *Trump’s tariffs on Swiss gold bars spark supply disruptions and premium spikes, despite partial White House pushback. *Steady PBOC purchases and tightening long-term supply keep bullish bias intact ahead of U.S. CPI and China trade talks. Market Summary:Continue Reading
