About: pumarketings
Recent Posts by pumarketings
Risk Sentiment Rebounds as Tariff Uncertainty Eases, Wall Street Rallies
Key Takeaways: *U.S. stocks rallied over 1% as Trump’s softer-than-expected tariff adjustments eased trade war fears and restored investor confidence. *The 90-day extension of the tariff pause between Washington and Beijing calmed markets and revived hopes for further negotiations. *Growing expectations of synchronized rate cuts by the Fed, BoE, and RBA added to the risk-onContinue Reading
Dollar Falters Amid Political Turmoil and Trade Uncertainty; Gold Surges
Key Takeaways: *The greenback slipped after a weaker-than-expected NFP and Trump’s abrupt firing of the BLS head. *The dollar index remained flat as traders await U.S. PMI data for clearer signals on economic momentum and potential FX volatility. *Heightened tariff threats and sanction risks fueled demand for gold, sending spot prices above weekly high. MarketContinue Reading
Chart the Market (05/08/2025)
BTC, H4: Bitcoin (BTC) remains under pressure despite a short-term rebound, currently trading near $114,750 after recovering modestly from last week’s $111,950 low. Price action shows BTC remains locked below a descending trendline and is unable to break through the confluence resistance zone between $114,000 and $116,000 which is a region marked by the 50-SMAContinue Reading
