About: pumarketings
Recent Posts by pumarketings
Dollar and Gold Hold Steady Ahead of Key Fed Test
Key Takeaways: *Dollar steadies as Fed credibility tested by political pressure and softening labor data. *Gold regains footing amid consolidation, with volatility likely post-FOMC and PCE data. *Fiscal concerns and election risks may limit dollar upside even if Fed stays cautious. Market Summary: The U.S. Dollar Index (DXY) held steady on Tuesday as markets enteredContinue Reading
BoJ Decision in Focus as Traders Eye Policy Signals Amid Political Uncertainty
Key Takeaways: *The central bank is likely to keep its benchmark rate at 0.5%, with markets eyeing any policy shift that could trigger yen volatility. *U.S. tariff threats and Japan’s internal political shake-up have softened expectations for further BoJ tightening. *A breakthrough in U.S.-Japan trade talks may reduce external pressure, potentially paving the way forContinue Reading
Oil Surges as Geopolitical Tensions Rise, But OPEC+ Supply Outlook Looms
Key Takeaways: *Oil prices posted their biggest daily gain in July, driven by geopolitical tensions and optimism from a U.S.-China tariff truce extension. *President Trump’s warning of additional penalties on Russia raised concerns about potential supply disruptions, supporting crude prices. *Despite short-term bullish sentiment, rising OPEC+ production could limit future price gains if further hikesContinue Reading
