About: pumarketings
Recent Posts by pumarketings
Markets in Flux: Fed Signals, Geopolitical Tensions, and Oil Gains
Market Summary The Dollar Index held steady amid subdued holiday trading but maintained a positive trajectory, reflecting hawkish sentiment from the Federal Reserve. Fed officials signaled potential policy tightening in 2025, supported by a resilient economic recovery, keeping investors focused on upcoming US economic indicators for further direction. Gold prices consolidated near the critical supportContinue Reading
Japanese Yen Extend Losses Amid BoJ Rate Hike Ambiguity
Fundamental Analysis * Rate Hike Skepticism: The Japanese Yen struggles to find buyers against the U.S. Dollar as investors remain doubtful about the Bank of Japan’s (BoJ) plans for a rate hike. Minutes from the BoJ meeting, released on Tuesday, highlighted the potential for gradual rate increases if inflation trends align with expectations, possibly reachingContinue Reading
Merry Christmas, Everyone! Markets Stay Subdued Amid Holiday Cheer
Market Summary The Dollar Index remained flat as markets slowed down for Christmas, with limited economic data revealing continued contraction in the US manufacturing sector. Gold prices stayed stagnant during thin holiday trading, weighed down by the Fed’s cautious stance on reducing borrowing costs, keeping a bearish tone in the market. US equities closed higherContinue Reading
