About: pumarketings
Recent Posts by pumarketings
Australian Inflation Surprise at 3.0% Reinforces RBA Hawkish Stance
Key Takeaways: *Australia’s August CPI came in at 3.0%, above forecasts, with housing inflation jumping 4.5%, pushing the AUD higher. *Governor Bullock signaled progress on inflation but warned cost-of-living pressures will intensify in 2026, limiting scope for early rate cuts. *PMI readings above 50 and GDP growth at 1.8% point to economic resilience, reinforcing stickyContinue Reading
Yen Eyes Reprieve as BoJ Rate Hike Bets Build, CPI in Focus
Key Takeaways: *Despite BoJ’s cautious stance, a recent U.S.-Japan trade deal and improving conditions are fueling bets on a potential October rate hike. *Base pay rose 3% year-on-year, the strongest in decades, with real wages turning positive for the first time in over two years, strengthening the case for tighter policy. *Focus turns to today’sContinue Reading
Oil Stuck Between Supply Disruptions and Weak Demand
Key Takeaways: *Oil prices volatile as supply draws clash with weak demand signals. *U.S. crude inventories showed a sharp decline, pointing to tighter near-term supply. *Iraq’s pipeline restart through Turkey remains stalled, keeping ~200,000 bpd offline and adding to supply uncertainty. Market Summary: Oil prices remained volatile as traders weighed conflicting supply and demand narratives.Continue Reading
