Monthly Archives: January 2025
41654156156Policy Shift or Status Quo? BoJ’s Big Decision Looms!
Written on January 17, 2025 at 1:50 am, by pumarketings
Tuesday, 21 January 2025, 09:00 – UK Unemployment Rate (Nov) The latest official data from the UK’s Office for National Statistics (ONS) indicates that the unemployment rate increased to 4.3% in the three months leading up to October 2024. This increase was mainly attributed to higher business costs, particularly due to rising taxes like employerContinue Reading
Crude Oil Slips On Halt In Houthis’ Red Sea Attacks
Written on January 17, 2025 at 1:37 am, by pumarketings
Fundamental Analysis * Ceasefire Chill: Crude oil prices have dipped amid expectations of a halt in Houthi attacks on shipping in the Red Sea, following a ceasefire agreement in the Gaza conflict between Israel and the militant group Hamas. Maritime security officials stated on Thursday that the Houthi militia is likely to announce an endContinue Reading
Soft CPI Reading Boosts Wall Street
Written on January 16, 2025 at 5:04 am, by pumarketings
Market Summary The U.S. CPI reading released yesterday came in below market expectations, reigniting speculation of continued Federal Reserve rate cuts in 2025. As a result, the dollar fluctuated but remained near its recent lows. However, with President-elect Donald Trump’s inauguration approaching, this event could potentially strengthen the dollar in the coming sessions. Meanwhile, theContinue Reading
