About: pumarketings
Recent Posts by pumarketings
U.S. Election Aftershocks Fade, Data Back In Spotlight
Tuesday, 12 November 2024, 09.00 – German CPI (MoM)(Oct) Germany’s Consumer Price Index (CPI) for October 2024 rose by 0.4% month-on-month, surpassing the market’s expectation of a 0.2% increase and marking a recovery from the flat performance in September. This uptick was primarily driven by higher service prices and a rebound in goods prices. TheContinue Reading
USDCHF Rose As Fed Deals Out Another Rate Cut
Fundamental Analysis * Expected Cut: The USD/CHF pair has inched upward as the market continues to digest the Federal Reserve’s anticipated 25 basis point rate cut. This latest quarter-point reduction, announced on Thursday, follows a larger 50 basis point cut made in early September. Fed officials stated that the labor market has “generally eased,” whileContinue Reading
Dollar and Wall Street Bullish on Trump Victory
Market Summary The market has responded decisively to the U.S. presidential election results from November 5, which confirmed Donald Trump’s re-election, fueling what’s now dubbed the “Trump trade.” The dollar index remains strong, hovering above the 105.00 level, marking its highest point since July. Wall Street also rallied sharply in the previous session, with theContinue Reading
