About: pumarketings
Recent Posts by pumarketings
Oil Climbs on Strong Demand and Supply Disruptions
Key Takeaways: *U.S. EIA data showed surprise crude inventory draw, signaling strong consumption. *Ukrainian strikes, stalled Kurdish exports, and reduced Venezuelan flows tighten supply. *Trump’s UN remarks and looming Iran sanctions fuel speculation of more export curbs. Market Summary: Crude oil prices have extended their rally to multi-week highs, fueled by a convergence of resilientContinue Reading
Cryptocurrencies Pare Gains as Sentiment Remains Fragile
Key Takeaways: *Bitcoin slipped back below $114,000 and Ethereum weakened toward $4,000 as Asian trading erased New York session gains. *Long position unwinding and a Crypto Fear & Greed Index reading of 45 reflect ongoing caution, though easing liquidation volumes suggest selling pressure may be stabilizing. *Slowing ETF outflows hint at tentative institutional interest, whileContinue Reading
Yen Weakness May Reverse on BoJ Hawkish Pivot; October Rate Hike Prospects Rise
Key Takeaways: *USD/JPY hit a September high of 148.91, while EUR/JPY trades near multi-year highs. *Core BoJ CPI at 2.0% and BoJ minutes showing broad support for further hikes reinforce the case for rate normalization. *Upcoming U.S. GDP, PCE inflation, and Tokyo CPI will be pivotal; a firm Tokyo CPI print could cement October hikeContinue Reading
