Monthly Archives: December 2024
41654156156All Eye on Today’s CPI

Written on December 11, 2024 at 4:43 am, by pumarketings
Market Summary Wall Street struggled for direction on Tuesday as investors awaited the U.S. Consumer Price Index (CPI) report, expected to offer critical insights into the Federal Reserve’s monetary policy outlook. A higher-than-anticipated CPI reading could strengthen the U.S. dollar and weigh on equity markets as concerns over extended tightening persist. Chinese markets, in contrast,Continue Reading
USD/JPY Rose Amid U.S Treasury Rebound, Awaiting CPI

Written on December 11, 2024 at 2:11 am, by pumarketings
Fundamental Analysis * Cautious Mood: The Japanese Yen has weakened against the US Dollar as deteriorating market sentiment and a rebound in U.S. Treasury yields weigh on the currency. Investors remain cautious about making significant bets while awaiting Wednesday’s U.S. Consumer Price Index (CPI) report. The inflation data is expected to highlight the challenges ofContinue Reading
Gold Surge on Rising Geopolitical Issues

Written on December 10, 2024 at 5:45 am, by pumarketings
Market Summary Chinese equities soared as top leaders signaled more aggressive stimulus measures to revitalize the economy. The Hang Seng Index and China A50 Index both rallied over 3% in the previous session, with momentum carrying into today’s trading. Oil prices rebounded from recent lows, buoyed by China’s economic revival plans and geopolitical tensions inContinue Reading