About: pumarketings
Recent Posts by pumarketings
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
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
