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About: pumarketings

Recent Posts by pumarketings

U.S. Stocks Rebound Led by Tech as Nvidia’s $100B OpenAI Bet Fuels AI Optimism

Key Takeaways: *U.S. equities rallied, with the Nasdaq up 0.7%, fueled by Nvidia’s 3.9% surge after reports of a $100B OpenAI investment plan. *Sentiment was buoyed by the Fed’s first 2025 rate cut and signals of further easing, supporting risk appetite. *Traders eye speeches from Fed officials this week for dovish cues that could extendContinue Reading

Cryptocurrency Market Cap Sheds $200 Billion in Sharp Correction

Key Takeaways: *Crypto market cap fell below $4T, erasing nearly $200B as BTC dropped ~3% and ETH plunged over 10% before partial rebounds. *Large-holder selling and leveraged liquidations fueled the sharp decline, leaving sentiment fragile and vulnerable to further downside. *Despite the correction, Wall Street’s rally on dovish Fed expectations suggests broader risk appetite couldContinue Reading

Euro Holds Firm on Confidence Boost, Nagel Support

Key Takeaways: *EUR/USD trades with a slight upward bias in the near term, boosted by improved consumer confidence in the euro area and supportive political rhetoric. *Nagel’s “strong and sovereign Europe” push gives the euro a positive structural narrative, especially if reforms and fiscal discipline follow. *But hawkish US Fed tone and risk of euroContinue Reading

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