About: pumarketings
Recent Posts by pumarketings
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
Greenback Falters as Inflation Test Looms, Gold Stays Bid
Key Takeaways: *Dollar Index consolidated as traders await Core PCE and GDP data later this week. *Softer PMIs, CPI, and PPI have reinforced expectations for further Fed rate cuts, with the OECD suggesting scope for up to three more. *Gold briefly hit record highs before pulling back on profit-taking; underlying support remains strong on weakContinue Reading
