About: pumarketings
Recent Posts by pumarketings
Gold Sky-rocket with the U.S. Election Jitters
Market Summary Gold surged to an all-time high in the last trading session, climbing above the $2,780 mark. Multiple bullish factors have fueled this rally, including intensifying geopolitical tensions in the Middle East and Eastern Europe, which have heightened demand for safe-haven assets. Additionally, as markets brace for the U.S. election, investors are showing aContinue Reading
Kiwi Remains Weak On Dovish Mood Around RBNZ
Fundamental Analysis * Kiwi Drift: The New Zealand Dollar remains under pressure, continuing its downward trend due to the dovish outlook surrounding the Reserve Bank of New Zealand (RBNZ). The RBNZ is anticipated to implement an additional 50-basis-point rate cut at its policy meeting of the year in November, with markets even factoring in theContinue Reading
Gold Rally Ahead of the U.S. Election
Market Summary As the U.S. election draws near, safe-haven assets are gaining traction, with gold rallying back to its all-time highs and the U.S. dollar hovering close to recent peaks. Historical trends indicate that the Japanese yen tends to attract strong safe-haven demand during election years, having outperformed the dollar, Swiss franc, gold, and U.S.Continue Reading
