About: pumarketings
Recent Posts by pumarketings
BoC Rate Cut Signals More Weakness for CAD
Key Takeaways: *The Bank of Canada cut its policy rate to 2.50%, the lowest in nearly three years, and signaled willingness to ease further if risks intensify. *July factory sales delivered a 2.5% surprise gain, but broader growth momentum remains subdued. *A sharp U.S. crude inventory drawdown offered some oil price support, though not enoughContinue Reading
Euro Holds Steady as ECB Keeps Rates Unchanged
Key Takeaways: *The ECB left rates unchanged, underscoring policy stability relative to peers moving toward more aggressive easing. *Eurozone inflation printed at 2.0% in August, exactly at target, giving policymakers room to stay cautious while keeping rate cuts off the table for now. *France’s sovereign downgrade to A+ reignited concerns over fiscal discipline and politicalContinue Reading
Chart the Market (17/09/2025)
Chart the Market (17/09/2025) Dow Jones, H4: The Dow retreated from its record peak of 46,173.00, sliding toward immediate support at 45,745.00. Despite the pullback, the index remains within its broader uptrend channel and is now approaching its trendline support, where a technical rebound could materialize. Still, momentum signals point to waning strength. The RSIContinue Reading
