About: pumarketings
Recent Posts by pumarketings
Wall Street Continue to Slides On Hawkish Fed Expectation
Market Summary Wall Street continued its downward trend, pressured by expectations of a more hawkish Fed policy in the near term. However, traders are anticipating a potential “Trump Trade” rally, as Donald Trump’s upcoming inauguration in January may boost sentiment in the equity markets. Meanwhile, the U.S. dollar found support and rebounded in the finalContinue Reading
USD/JPY Bearish Continuation Amid Hawkish BoJ Expectations
Fundamental Analysis * Hawkish Expectations from the BoJ? The Japanese Yen rebounded after the Bank of Japan’s December policy meeting, with some policymakers hinting at a potential rate hike. The BoJ also reduced its bond purchases, signaling tightening measures. However, concerns remain over the yen’s continued weakness, with Finance Minister Katsunobu Kato suggesting possible interventionContinue Reading
Dollar Buoys by Strong U.S. Treasury Yield
Market Summary The financial market remains exceptionally quiet as the New Year holiday approaches, with most asset classes trading in a sideways manner. The dollar index has also been range-bound since last Monday, but the U.S. Treasury yield continues to climb, reaching its highest level since May—a factor that could potentially strengthen the dollar further.Continue Reading
