About: pumarketings
Recent Posts by pumarketings
Oil Price Soars Amid Storm Threat
Fundamental Analysis * Raging Rafael: Oil prices have soared, driven by anticipated supply disruptions in the U.S. as Tropical Storm Rafael heads toward the Gulf of Mexico. Forecasts indicate that Rafael may strengthen into a category 2 hurricane, possibly halting around 4 million barrels of U.S. oil output this week. Major energy firms have alreadyContinue Reading
Dollar Calm ahead of the U.S. Election
Market Summary Today’s U.S. presidential election is set to be a pivotal event, with polls indicating a tight race that could delay the final vote count and heighten market volatility. Analysts suggest that a Kamala Harris win could bring stability to the dollar, while a Trump re-election may boost its strength. The Japanese Yen isContinue Reading
Loonie Slips Amid BoC Rate Cut Expectation
Fundamental Analysis * Rate Cut In Sight: The Canadian Dollar continue to weaken against the dollar as the Bank of Canada is expected to cut interest rates. BoC Governor Tiff Macklem opened doors for another 50 basis points (bps) interest rate reduction in December. “We’ve demonstrated we’re prepared to do a 50-basis-points cut if weContinue Reading
