About: pumarketings
Recent Posts by pumarketings
Cryptocurrencies Tumble as Macro Fears Trigger Broad De-Risking
Key Takeaways: *Bitcoin slid below $109,000 and Ethereum lost the $4,000 mark, triggering over $1 billion in liquidations and deepening bearish sentiment. *Strong 3.8% U.S. GDP and political risks tied to a potential government shutdown spurred broad risk-off moves, weighing heavily on crypto. *U.S. PCE inflation will guide near-term direction; BTC risks testing $105,000 andContinue Reading
Geopolitics vs. Supply: Oil in Tug-of-War
Key Takeaways: *Oil steadies after rally: Brent at $69.42, WTI near $65, as bullish and bearish forces offset. *Geopolitical support: Ukrainian strikes on Russian refineries and Moscow’s diesel export ban tightened fuel markets; Trump pressing Turkey to cut Russian oil imports. *Bearish headwinds: Strong U.S. GDP lowers Fed cut hopes, stronger dollar pressures oil. Iraq-KRGContinue Reading
Strong U.S. Data Lifts Dollar and Treasury Yields as Markets Eye Fed Outlook
Key Takeaways: *U.S. GDP surged to 3.8%, beating forecasts of 3.3%. *Durable Goods Orders rebounded sharply to 2.9% vs. expectations of -0.3%. *Treasury yields rose across the curve, complicating Fed rate-cut bets. *Dollar Index remains in overbought territory, facing key resistance at 98.75. Market Summary: Global markets witnessed renewed volatility as a string of stronger-than-expectedContinue Reading
