About: pumarketings
Recent Posts by pumarketings
Wall Street Rallies to Records on Tech Optimism; CPI Data, Global Risks Loom
Key Takeaways: *S&P 500 hit a fresh all-time high, led by tech strength as Oracle surged 36% on upbeat earnings tied to AI optimism. *Investors await today’s U.S. CPI print, which could shape Fed rate-cut expectations and determine near-term market momentum. *Japanese political instability and escalating Russia-Ukraine tensions inject caution, tempering the bullish backdrop. MarketContinue Reading
Crude Bounce Meets Supply Wall
Key Takeaways: *Oil rallied 1.7% on renewed geopolitical tensions (Poland drones, Israeli strikes in Qatar). *Gains remain capped as U.S. inventories surged 3.9M barrels, signaling weak demand. *Gasoline and distillate builds confirm economic slowdown effects on fuel usage. Market Summary: Crude oil prices staged a modest recovery this week, rallying more than 1.7% as geopoliticalContinue Reading
Dollar Slips, Gold Shines Ahead of CPI Test
Key Takeaways: *Weak U.S. PPI and major jobs revision cement Fed cut bets. *Dollar weakness fuels gold’s resilience near record highs. *Geopolitical flashpoints boost safe-haven demand. Market Summary: The U.S. Dollar Index (DXY) traded under sustained pressure this week as investors recalibrated expectations around the Federal Reserve’s policy path. A significantly weaker-than-expected Producer Price IndexContinue Reading
