About: pumarketings
Recent Posts by pumarketings
Eyes on Trump Return
Market Summary The U.S. equity market stalled after its recent rally spurred by last Wednesday’s softer-than-expected U.S. CPI reading. The Dow Jones Industrial Average appears to lack bullish momentum, suggesting the potential for a pullback to fill the gap created during the post-CPI surge. As Wall Street transitions into the first quarter earnings report season,Continue Reading
Euro Slides Following Trump Inaugration
Fundamental Analysis * Trump Takeover: The euro weakened against the dollar as the greenback strengthened in anticipation of Donald Trump’s inauguration. Investors are optimistic about Trump’s forthcoming economic policies, expecting measures that could bolster U.S. economic growth and inflation, ultimately benefiting the dollar. Analysts believe that these policies, while potentially triggering global trade tensions, couldContinue Reading
Dollar Hammers by Fed Governor’s Dovish Remark
Market Summary Wall Street’s rally paused after gaining momentum from Wednesday’s softer U.S. CPI data, as investors brace for increased volatility heading into the Q1 earnings season next week. In the forex market, dovish remarks from Fed Governor Christopher Waller, suggesting support for continued rate cuts, dampened the dollar’s strength. This sentiment was compounded byContinue Reading
